This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Turnover and the Dynamics of Labour Demand Author info | Abstract | Publisher info | Download info | Related research | Statistics Hamermesh, Daniel S
Pfann, Gerard A
Additional information is available for the following
registered author(s):
Using a generalized asymmetric adjustment function including both costs of changing employment (net changes) and costs of hiring or firing (gross changes), the authors derive the profit-maximizing path of employment demand and the Euler equation whose parameters they estimate. Identifying the two types of costs requires complete data on turnover, which were available for U.S. manufacturing through 1981 and which demonstrate that both types of costs are needed to track aggregate employment fluctuations if one assumes that costs are symmetric. Allowing for asymmetry, the apparent importance of variations in the turnover rate disappears. Copyright 1996 by The London School of Economics and Political Science.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Article provided by London School of Economics and Political Science in its journal Economica .
Volume (Year): 63 (1996)
Issue (Month): 251 (August)
Pages: 359-67
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:bla:econom:v:63:y:1996:i:251:p:359-67Contact details of provider: Postal: Houghton Street, London WC2A 2AE Phone: +44 (020) 7405 7686 Web page: http://www.blackwellpublishing.com/journal.asp?ref=0013-0427 More information through EDIRC
Order Information: Web: http://www.blackwellpublishing.com/subs.asp?ref=0013-0427
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Steve J. Davis & John Haltiwanger, 1991.
"Gross Job Creation, Gross Job Destruction and Employment Reallocation ,"
NBER Working Papers
3728, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Steve J. Davis & John Haltiwanger, 1991.
"Gross job creation, gross job destruction and employment reallocation ,"
Working Paper Series, Macroeconomic Issues
91-5, Federal Reserve Bank of Chicago.
Davis, S.J. & Haltiwanger, J., 1989.
"Gross Job Creation, Gross Job Destruction And Employment Reallocation ,"
Papers
e-89-33, Stanford - Hoover Institution.
Davis, Steven J & Haltiwanger, John C, 1992.
"Gross Job Creation, Gross Job Destruction, and Employment Reallocation ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 107(3), pages 819-63, August.
[Downloadable!] (restricted) Hansen, Lars Peter, 1982.
"Large Sample Properties of Generalized Method of Moments Estimators ,"
Econometrica ,
Econometric Society, vol. 50(4), pages 1029-54, July.
[Downloadable!] (restricted)
Shapiro, Matthew D, 1986.
"The Dynamic Demand for Capital and Labor ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 101(3), pages 513-42, August.
[Downloadable!] (restricted)
Other versions: Simon Burgess, 1991.
"Nonlinear Dynamics in a Structural Model of Employment ,"
CEP Discussion Papers
dp0037, Centre for Economic Performance, LSE.
Bentolila, Samuel & Bertola, Giuseppe, 1990.
"Firing Costs and Labour Demand: How Bad Is Eurosclerosis? ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 57(3), pages 381-402, July.
[Downloadable!] (restricted)
Abraham, Katharine G. & Houseman, Susan N., 1989.
"Job security and work force adjustment: How different are U.S. and Japanese practices? ,"
Journal of the Japanese and International Economies ,
Elsevier, vol. 3(4), pages 500-521, December.
[Downloadable!] (restricted)
Other versions: PFANN, Gerard & PALM, Franz, 1992.
"Asymmetric adjustment costs in non-linear labour demand models for the Netherlands and UK manufacturing sectors ,"
CORE Discussion Papers
1992017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
Other versions: McLaughlin, Kenneth J, 1991.
"A Theory of Quits and Layoffs with Efficient Turnover ,"
Journal of Political Economy ,
University of Chicago Press, vol. 99(1), pages 1-29, February.
[Downloadable!] (restricted)
Sargan, John Denis & Bhargava, Alok, 1983.
"Testing Residuals from Least Squares Regression for Being Generated by the Gaussian Random Walk ,"
Econometrica ,
Econometric Society, vol. 51(1), pages 153-74, January.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Sarah Brown & Gaia Garino & Christopher Martin, 2007.
"Labour Turnover and Firm Performance ,"
Working Papers
2007012, The University of Sheffield, Department of Economics, revised Sep 2007.
[Downloadable!]
repec:bep:mactop:v:5:y:2005:i:1:p:1319-1319 is not listed on IDEAS
B. Dormont & M. Pauchet, 2003.
"Uncertainty and Recourse to Short-Term Contracts ,"
THEMA Working Papers
2003-35, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
[Downloadable!]
Hassink, W.H.J. & Broersma, L., 1993.
"Labour demand and job-to-job movement : macro-consequences as a result from micro-economic behaviour ,"
Serie Research Memoranda
0001, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
[Downloadable!]
Bergin, Adele, 2009.
"Job Mobility in Ireland ,"
The Economic and Social Review ,
Economic and Social Studies, vol. 40(1), pages 15-47.
[Downloadable!]
Other versions:
Bergin, Adele, 2009.
"Job Mobility in Ireland ,"
Papers
RB2009/2/5, Economic and Social Research Institute (ESRI).
Adele Bergin, 2008.
"Job Mobility in Ireland ,"
Economics, Finance and Accounting Department Working Paper Series
n1940708.pdf, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
[Downloadable!] Pfann, Gerard Antonie, 2000.
"Options to Quit ,"
CEPR Discussion Papers
2563, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Pfann, Gerard A., 2000.
"Options to Quit ,"
IZA Discussion Papers
197, Institute for the Study of Labor (IZA).
[Downloadable!] Pfann, Gerard A., 2001.
"Options to quit ,"
Economics Letters ,
Elsevier, vol. 70(2), pages 259-265, February.
[Downloadable!] (restricted) Ejarque, Joao & Nilsen, Øivind Anti, 2008.
"Identifying Adjustment Costs of Net and Gross Employment Changes ,"
IZA Discussion Papers
3703, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions: Faria, Joao & Jellal, Mohamed, 2009.
"Dynamic of Employment and Wages Incentives ,"
MPRA Paper
17183, University Library of Munich, Germany.
[Downloadable!]
Erwan Quintin & John J. Stevens, 2005.
"Growing old together: firm survival and employee turnover ,"
Finance and Economics Discussion Series
2005-22, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!]
Philip Oreopoulos & Marianne Page & Ann Huff Stevens, 2005.
"The Intergenerational Effect of Worker Displacement ,"
NBER Working Papers
11587, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Pekka Ilmakunnas & Mika Maliranta & Jari Vainiomaki, 2000.
"The Roles of Employer and Employee Characteristics for Plant Productivity ,"
Econometric Society World Congress 2000 Contributed Papers
1349, Econometric Society.
[Downloadable!]
Guillermo Mondino & Silvia Montoya, 2000.
"The Effects of Labor Market Regulations on Employment Decisions by Firms: Empirical Evidence for Argentina ,"
RES Working Papers
3091, Inter-American Development Bank, Research Department.
[Downloadable!]
Page, Marianne & Stevens, Ann & Oreopoulos, Philip, 2005.
"Intergenerational Effects of Worker Displacement ,"
Working Papers
05-21, University of California at Davis, Department of Economics.
[Downloadable!]
Philip Oreopolous, 2005.
"The Intergenerational Effects Of Worker Displacement ,"
Working Papers
id:183, esocialsciences.com.
[Downloadable!]
Carmen Pagés & Claudio E. Montenegro, 2007.
"Job security and the age-composition of employment: evidence from Chile ,"
Estudios de Economia ,
University of Chile, Department of Economics, vol. 34(2 Year 20), pages 109-139, December.
[Downloadable!]
Access and
download statistics Did you know? All the bibliographic data shown here has been contributed by volunteers, thereby helping to keep this service free.
This page was last updated on 2009-11-22.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .