Shiftwork, Adjustment Costs and Uncertainty

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Shiftwork, Adjustment Costs and Uncertainty

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Yishay Maoz (University of Haifa)

Additional information is available for the following registered author(s):

Yishay David Maoz

Abstract

I study the dynamics of shiftwork when the demand for the output of the firm is stochastic and adjusting the number of shifts entails irreversible costs. The analysis reveals the existence of a gap between the level of demand that triggers activation of a shift and the level of demand that triggers shutting it off. The higher the uncertainty about future demand, the wider this gap. I also analyze in detail the pro-cyclical labor productivity created by the use of shiftwork.

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Article provided by Berkeley Electronic Press in its journal Topics in Macroeconomics.

Volume (Year): 3 (2003)
Issue (Month): 1 ()
Pages: 1074-1074
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Handle: RePEc:bep:mactop:v:3:y:2003:i:1:p:1074-1074

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Find related papers by JEL classification:
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity

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Other versions:
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