Labour Market Flexibility and Employment Adjustment: Micro Evidence from UK Establishments
Abstract
In this paper, the authors study how firms react to demand shocks, examining how different aspects of flexibility shape their responses. Their main findings are that very few firms choose to adjust to price in response to a demand shock and that firms with more flexibility are more likely to respond to demand shocks by adjusting employment and hours. The authors' results provide a microeconomic explanation for recent macroeconomic evidence that labor input has become more closely aligned to the business cycle. Copyright 1997 by Royal Economic Society.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. 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.
Bibliographic Info
Article provided by Oxford University Press in its journal Oxford Economic Papers.
Volume (Year): 49 (1997)
Issue (Month): 3 (July)
Pages: 362-79
Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:oup:oxecpp:v:49:y:1997:i:3:p:362-79
Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Fax: 01865 267 985
Email:
Web page: http://oep.oupjournals.org/
Order Information:
Web: http://www.oup.co.uk/journals
For corrections or technical questions regarding this item, or to correct its listing, contact: (Oxford University Press) or (Christopher F. Baum).
Related research
Keywords:References
No references listed on IDEASYou can help add them by filling out this form.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Hielke Buddelmeyer & Gilles Mourre & Melanie Ward-Warmedinger, 2005.
"Part-time work in EU countries - labour market mobility, entry and exit,"
Working Paper Series
460, European Central Bank.
- Buddelmeyer, Hielke & Mourre, Gilles & Ward, Melanie, 2005. "Part-Time Work in EU Countries: Labour Market Mobility, Entry and Exit," IZA Discussion Papers 1550, Institute for the Study of Labor (IZA).
- Axel Dreher & Noel Gaston, 2005.
"Has globalisation really had no effect on unions?,"
KOF Working papers
05-110, KOF Swiss Economic Institute, ETH Zurich.
- Axel Dreher & Noel Gaston, 2007. "Has Globalisation Really had no Effect on Unions?," Kyklos, Wiley Blackwell, vol. 60(2), pages 165-186, 05.
- 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.
- Jiun-Nan Pan & Kuang-Ta Lo & Jr-Tsung Huang, 2008. "Are Rich Earners Time-Privileged in Taiwan? The Evidence from 1981 to 2006," Journal of Family and Economic Issues, Springer, vol. 29(4), pages 584-600, December.
- Mika Haapanen, 1998. "Internal Migration and Labour Market Transitions of Unemployment Workers," Discussion Papers 179, Government Institute for Economic Research Finland (VATT).
- Francesca Bettio & Samuel Rosenberg, 1999. "Labour Markets and Flexibility in the 1990s: The Europe-USA opposition revisited," International Review of Applied Economics, Taylor and Francis Journals, vol. 13(3), pages 269-279.
- Buddelmeyer, Hielke & Mourre, Gilles & Ward, Melanie, 2004. "Recent Developments in Part-Time Work in EU-15 Countries: Trends and Policy," IZA Discussion Papers 1415, Institute for the Study of Labor (IZA).
- Hielke Buddelmeyer & Gilles Mourre & Melanie Ward, 2004. "The determinants of part-time work in EU countries: empirical investigations with macro-panel data - Hielke Buddelmeyer, Gilles Mourre and Melanie Ward," European Economy - Economic Papers 213, Directorate General Economic and Monetary Affairs, European Commission.
- Simon Hall & Mark Walsh & Anthony Yates, 1997. "How do UK companies set prices?," Bank of England working papers 67, Bank of England.
- Gaston, N., 2000. "Unions and the Decentralisation of Collective Bargaining in a Globalising World," ISER Discussion Paper 0495, Institute of Social and Economic Research, Osaka University.
- Buddelmeyer, Hielke & Mourre, Gilles & Ward, Melanie, 2004. "The Determinants of Part-Time Work in EU Countries: Empirical Investigations with Macro-Panel Data," IZA Discussion Papers 1361, Institute for the Study of Labor (IZA).
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:49:y:1997:i:3:p:362-79For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.