Recent work by Hamermesh (1989) has emphasised that it is wrong to assume that employers adjust continuously in response to demand shocks. Using data provided by a Japanese company we examine the nature of adjustment costs at different levels of aggregation in Japan.
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Paper provided by Osaka - Institute of Social and Economic Research in its series Papers with number
434.
Length: 36 pages Date of creation: 1997 Date of revision: Handle: RePEc:fth:osakae:434
Contact details of provider: Postal: OSAKA UNIVERSITY, THE INSTITUTE OF SOCIAL AND ECONOMIC RESEARCH(I.S .E.R.), 6-1 MIHOGAOKA IBARAKI OSAKA 567 JAPAN Fax: 81-6-6878-2766 Email: Web page: http://www.iser.osaka-u.ac.jp/ More information through EDIRC
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Find related papers by JEL classification: J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
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.)
Fumio Ohtake, 2003.
"Unions, the Costs of Job Loss, and Vacation,"
NBER Chapters,
in: Labor Markets and Firm Benefit Policies in Japan and the United States, pages 371-390
National Bureau of Economic Research, Inc.
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