Heterogeneous Labor and the Dynamics of Aggregate Labor Demand: Some Estimations Using Panel Data
In this article the authors pay attention to the conditions that make an aggregate labor demand equation consistent with the underlying model at a more disaggregated level when heterogeneity exists across firms or across workers. It is argued that this consistency rests on the condition that employment evolves in the same direction in all firms and for all skill levels. Moreover, it is shown empirically that even though the above condition is satisfied, satisfactory estimations of an aggregate model can hide misspecification problems that become apparent when one also estimates the underlying disaggregated models.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 17 (1992)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/econometrics/journal/181/PS2|
When requesting a correction, please mention this item's handle: RePEc:spr:empeco:v:17:y:1992:i:1:p:153-68. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If references are entirely missing, you can add them using this form.