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Municipal Labor Demand in the Presence of Uncertainty: An Econometric Approach Author info | Abstract | Publisher info | Download info | Related research | Statistics Holtz-Eakin, Douglas
Rosen, Harvey S
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The authors specify a model of municipal labor demand when resource flows available to the municipality are uncertain. The model allows them to test the hypothesis that employment decisions are rational in the sense that they incorporate all available information at the time that the decisions are made. The authors find that, for their sample of communities, on the whole one cannot reject the hypothesis that labor demand is consistent with intertemporal utility maximization under uncertainty. However, small and large communities exhibit different behavior. The employment decisions of small communities are consistent with the model, while those of large communities are not. Copyright 1991 by University of Chicago Press.
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Article provided by University of Chicago Press in its journal Journal of Labor Economics .
Volume (Year): 9 (1991)
Issue (Month): 3 (July)
Pages: 276-93
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Handle: RePEc:ucp:jlabec:v:9:y:1991:i:3:p:276-93Contact details of provider: Postal: The University of Chicago Press, Journals Division, P.O. Box 37005 Chicago, IL 60637 Fax: (773) 753-0811 Email: Web page: http://www.journals.uchicago.edu/JOLE/home.html
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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.: Holtz-Eakin, D. & Rosen, H.S., 1989.
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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.)
Antti Moisio, 2002.
"Essays on Finnish Municipal Finance and Intergovernmental Grants ,"
Research Reports
93, Government Institute for Economic Research Finland (VATT).
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Lars-Erik Borge & Per Tovmo, 2007.
"Myopic or constrained by balanced-budget-rules? The intertemporal spending behavior of Norwegian local governments ,"
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Working Paper Series
1998:1, IFAU - Institute for Labour Market Policy Evaluation.
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Dahlberg, M. & Jacob, J., 2000.
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Bergström, Pål & Dahlberg, Matz & Johansson, Eva, 1998.
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"On Local Government Spending and Taxation Behaviour - effect of population size and economic condition ,"
Discussion Papers
257, Government Institute for Economic Research Finland (VATT).
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Daniel S. Hamermesh, 1992.
"Spatial and Temporal Aggregation in the Dynamics of Labor Demand ,"
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