Empirical evidence on the cost of adjustment and dynamic labour demand / by Robert A. Amano.  : FB3-2/95-3E-PDF

The author uses a linear-quadratic model and attempts to estimate the relative adjustment costs of labour demand as well as its rate of adjustment towards long-run equilibrium. In contrast to others who have examined the dynamic behaviour of labour demand, the author estimates the structural parameters using the Euler equation and employs a limited-information approach that does not require an explicit solution for the model's control variables in terms of the forcing processes.--Abstract

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Renseignements sur la publication
Ministère/Organisme Bank of Canada.
Titre Empirical evidence on the cost of adjustment and dynamic labour demand / by Robert A. Amano.
Titre de la série Bank of Canada working paper1701-939795-3
Type de publication Série - Voir l'enregistrement principal
Langue [Anglais]
Format Électronique
Document électronique
Autres formats offerts Papier-[Anglais]
Note(s) "The author uses a linear-quadratic model and attempts to estimate the relative adjustment costs of labour demand as well as its rate of adjustment towards long-run equilibrium. In contrast to others who have examined the dynamic behaviour of labour demand, the author estimates the structural parameters using the Euler equation and employs a limited-information approach that does not require an explicit solution for the model's control variables in terms of the forcing processes."--Abstract.
The ISBN (0-662-23484-7) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication.
Résumé en français.
Information sur la publication Ottawa - Ontario : Bank of Canada May 1995.
Description 39p.graphs, references, tables
ISSN 1701-9397
Numéro de catalogue
  • FB3-2/95-3E-PDF
Descripteurs Labour market
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