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Employment Adjustment in UK Manufacturing

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Author Info
Burgess, Simon M

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Abstract

This analysis differs from previous studies of labor demand in its explicit inclusion of the costs to the firm of adju sting its workforce. These costs include institutional factors such a s employment protection legislation and unions, and market factors su ch as the degree of slack in the labor market. Two questions are addr essed: what is the quantitative impact of these forces and does their inclusion improve the fit of a labor-demand function. The results sh owed these factors to have a strong influence on the rate of hiring/f iring and to improve significantly on conventional labor-demand funct ions. Copyright 1988 by Royal Economic Society.

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Publisher Info
Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 98 (1988)
Issue (Month): 389 (March)
Pages: 81-103
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Handle: RePEc:ecj:econjl:v:98:y:1988:i:389:p:81-103

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  1. Adriana Cassoni, 1999. "Labour demand in Uruguay before and after re-unionisation," Documentos de Trabajo (working papers) 0199, Department of Economics - dECON. [Downloadable!]
  2. Hans-Werner Sinn, 2000. "The threat to the German welfare state," Atlantic Economic Journal, International Atlantic Economic Society, vol. 28(3), pages 279-294, September. [Downloadable!] (restricted)
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  3. Robert A. Amano, 1995. "Empirical Evidence on the Cost of Adjustment and Dynamic Labour Demand," Macroeconomics 9505001, EconWPA. [Downloadable!]
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  4. Amit K. Bhandari & Almas Heshmati, 2005. "Labour Use and Its Adjustment in Indian Manufacturing Industries," IZA Discussion Papers 1596, Institute for the Study of Labor (IZA). [Downloadable!]
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  5. Hans-Werner Sinn, 2005. "Migration and Social Replacement Incomes: How to Protect Low-Income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration," International Tax and Public Finance, Springer, vol. 12(4), pages 375-393, August. [Downloadable!] (restricted)
  6. Jaramillo, F. & Schiantarelli, F. & Sembenelli, A., 1992. "Are Adjustment Costs for Labor Asymetric? An Econometric Test On Panel Data for Italy," Working Papers 92-13, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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  7. Addison, John T. & Teixeira, Paulino, 2001. "Employment Adjustment in Portugal: Evidence from Aggregate and Firm Data," IZA Discussion Papers 391, Institute for the Study of Labor (IZA). [Downloadable!]
  8. Sinn, Hans-Werner, 2005. "Migration and Social Replacement Incomes: How to Protect Low-IncomeWorkers in the Industrialized Countries against the Forces of Globalizationand Market Integration," Discussion Papers in Economics 937, University of Munich, Department of Economics. [Downloadable!]
  9. Daniel S. Hamermesh, 1988. "Labor Demand and the Structure of Adjustment Costs," NBER Working Papers 2572, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  10. Kölling, Arnd, 1998. "Dynamische Arbeitsnachfrage und asymmetrisches Anpassungsverhalten in der Bundesrepublik Deutschland : eine Untersuchung mit Daten aus dem IAB-Betriebspanel (Dynamic labour demand and asymmetrical adj," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 31(4), pages 637-647. [Downloadable!]
  11. Gautier, P.A. & Berg, G.J. van den & Ours, J.C. van & .Ridder, G., 1999. "Separations at the firm level," Discussion Paper 17, Tilburg University, Center for Economic Research. [Downloadable!]
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  12. Kate Bishop & Tomasz Mickiewicz, 2003. "While Labour Hoarding May Be Over, Insiders’ Control Is Not. Determinants Of Employment Growth In Polish Large Firms, 1996-2001," William Davidson Institute Working Papers Series 2003-593, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
  13. Akram,Q.F. & Nymoen,R., 2001. "Employment behaviour in slack and tight labour markets," Memorandum 27/2001, Oslo University, Department of Economics. [Downloadable!]
  14. Øistein RØisland & Ragnar Torvik, 2003. "Optimum Currency Areas Under Inflation Targeting," Open Economies Review, Springer, vol. 14(2), pages 99-118, April. [Downloadable!] (restricted)
  15. Alvaro Escribano & Oscar Jorda, . "Improved Testing And Specification Of Smooth Transition Regression Models," Department of Economics 97-26, California Davis - Department of Economics. [Downloadable!]
  16. Charlotta Groth, . "Estimating UK capital adjustment costs," Bank of England working papers 258, Bank of England. [Downloadable!]
  17. Broersma, Lourens & Butter, Frank A.G. den, 1999. "Labour flows as determinants of the wage-price spiral : an empirical analysis for the Netherlands," Serie Research Memoranda 0058, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
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  18. Adriana Kugler, 2004. "The Effect of Job Security Regulations on Labor Market Flexibility: Evidence from the Colombian Labor Market Reform," NBER Working Papers 10215, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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