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1992, Elgar reference collection., ISBN 9781852787127, Volume 22, xxv, 342
Book
Journal of Financial and Quantitative Analysis, ISSN 0022-1090, 2018, Volume 54, Issue 3, pp. 1447 - 1468
This paper studies the effects of labor adjustment costs on corporate risk management. Labor adjustment costs attenuate the correlation between the internal... 
Wrongful Discharge Laws | Risk Management | Labor Adjustment Costs | BUSINESS, FINANCE | ECONOMICS | CASH | DETERMINANTS | INVESTMENT | Labor costs | Labor market | Labor law | Adjustment | Effects | Derivatives | Risk management
Journal Article
The Quarterly Journal of Economics, ISSN 0033-5533, 8/2004, Volume 119, Issue 3, pp. 899 - 927
I estimate adjustment costs for labor and capital from the Euler equations for factor demand. For both factors, I find relatively strong evidence against... 
Labor costs | Aggregation | Capital costs | Cost estimation models | Cost estimates | Capital investments | Factor costs | Economic costs | Euler equations | Quarterly estimates | BUSINESS-CYCLE | DEMAND | ECONOMICS | INVESTMENT | Work | Management | Capital | Analysis | Cost (Economics)
Journal Article
Journal of Monetary Economics, ISSN 0304-3932, 01/2019, Volume 101, pp. 128 - 147
This paper studies the analytics of a canonical model of lumpy microeconomic adjustment. We provide a novel characterization of the implied aggregate dynamics.... 
Aggregate employment dynamics | Ss model | Cross-sectional dynamics | Lumpy microeconomic adjustment | PLANT | BUSINESS-CYCLE | MENU COSTS | MODEL | BUSINESS, FINANCE | INVESTMENT | UNCERTAINTY | DYNAMICS | ECONOMICS | Microeconomics | Federal Reserve banks | Newton's laws of motion | Analysis
Journal Article
Journal of Development Economics, ISSN 0304-3878, 07/2018, Volume 133, pp. 396 - 414
Informal employment is ubiquitous in developing countries, but no existing studies have estimated workers’ switching costs between informal and formal... 
Informal economy | Trade policy | Trade and labor market interactions | REFORMS | MAQUILADORAS | MOBILITY | EARNINGS | MEXICO | EVOLUTION | COMPETITION | DYNAMICS | ECONOMICS | LIBERALIZATION | WAGE INEQUALITY
Journal Article
The Quarterly Journal of Economics, ISSN 0033-5533, 5/2011, Volume 126, Issue 2, pp. 749 - 804
We show that the effects of taxes on labor supply are shaped by interactions between adjustment costs for workers and hours constraints set by firms. We... 
Labor costs | Self employment | Labor supply | Tax brackets | Income taxes | Labor supply elasticity | Taxes | Price elasticity of supply | Wage earners | Estimated taxes | COUPLES | WAGES | AVOIDANCE | TAXABLE INCOME | CONSTRAINTS | WORK | DEADWEIGHT LOSS | ECONOMICS | MODEL | Influence | Taxation | Research | Elasticity (Economics)
Journal Article
Management Accounting Research, ISSN 1044-5005, 08/2019, p. 100647
Journal Article
Journal of Accounting and Economics, ISSN 0165-4101, 02/2013, Volume 55, Issue 1, pp. 111 - 127
Central to the economic theory of sticky costs is the proposition that managers consider adjustment costs when changing resource levels. We test this... 
Labor adjustment costs | Employment protection legislation | Sticky costs | BUSINESS, FINANCE | LABOR DEMAND | INVESTMENT | DYNAMICS | ECONOMICS | MODEL | UNEMPLOYMENT | Labor law
Journal Article
Regulation, ISSN 0147-0590, 09/2016, Volume 39, Issue 3, p. 10
  A National Bureau of Economic Research paper released early this year has caused a small commotion in economic circles. In the paper, titled "The China... 
Protectionism | Economic aspects | International trade | Forecasts and trends | Labor market | Adjustments | Costs | Economic theory | Free trade | International
Journal Article
JOURNAL OF ECONOMICS, ISSN 0931-8658, 03/2019, Volume 126, Issue 2, pp. 103 - 133
Collective bargaining between a trade union and a firm is analyzed within the framework of a monopoly union model as a dynamic Stackelberg game. Adjustment... 
ASYMMETRIC ADJUSTMENT | EMPLOYMENT DYNAMICS | TRADE-UNION | Collective wage bargaining | MEMBERSHIP | DEMAND | OUTSIDERS | Adjustment costs | Dynamic labor demand | MODELS | Monopoly union model | Stackelberg differential game | ECONOMICS | INSIDERS | Collective bargaining | Models | Human resource management | Analysis | Wages & salaries | Economic models | Employment | Labor unions | Cost control
Journal Article
Journal of Economic Dynamics and Control, ISSN 0165-1889, 02/2015, Volume 51, pp. 341 - 355
This paper assesses various capital and labor adjustment costs functions estimating a general equilibrium framework with Bayesian methods using US aggregate... 
DSGE models | Labor market frictions | Bayesian estimation | Adjustment costs | BUSINESS-CYCLE | CYCLICAL BEHAVIOR | DSGE MODEL | FRICTIONS | TECHNOLOGY SHOCKS | FLUCTUATIONS | INVESTMENT | RIGIDITIES | ECONOMICS | EQUILIBRIUM UNEMPLOYMENT | LABOR
Journal Article
Journal of Economic Dynamics & Control, ISSN 0165-1889, 02/2015, Volume 51, p. 341
  This paper assesses various capital and labor adjustment costs functions estimating a general equilibrium framework with Bayesian methods using US aggregate... 
Labor costs | Studies | Economic models | Capital costs | Discriminant analysis | Bayesian analysis | Equilibrium
Journal Article
Journal of Economic Literature, ISSN 0022-0515, 9/1996, Volume 34, Issue 3, pp. 1264 - 1292
Journal Article
Journal of Monetary Economics, ISSN 0304-3932, 05/2012, Volume 59, Issue 4, pp. 381 - 392
Aggregate investment in the US economy displays a hump-shaped pattern in response to shocks, and the autocorrelation of aggregate investment growth is positive... 
PLANT | BUSINESS, FINANCE | MODELS | REAL-BUSINESS-CYCLE | ECONOMICS | SHOCKS | LABOR | Analysis | Banking industry | Economic conditions
Journal Article
Macroeconomic Dynamics, ISSN 1365-1005, 09/2016, Volume 20, Issue 6, pp. 1458 - 1476
This paper documents a puzzling fact, namely that there is a significant negative relation between employment protection legislation and the usage of the... 
Extensive Margin | Intensive Margin | Adjustment Costs | Studies | Adjustments | Macroeconomics | Labor market
Journal Article
Economic Modelling, ISSN 0264-9993, 04/2016, Volume 54, pp. 382 - 391
This study uses industry data from Japan to examine the joint behavior of investment and hiring. We estimate factor adjustment costs in industries and focus on... 
Hiring | Joint estimation | Complementarity | Industry-level adjustment costs | Substitutability | Investment | PANEL | CORPORATE-INVESTMENT | ASSET | GENERALIZED-METHOD | DEMAND | SAMPLE PROPERTIES | CONSTRAINTS | ECONOMICS | LABOR | MOMENTS | Analysis | Economic policy
Journal Article
Journal of International Money and Finance, ISSN 0261-5606, 02/2013, Volume 32, Issue 1, pp. 341 - 359
The paper studies the effects of fiscal policy in an integrated world economy. The setup is one with habit-forming endogenous rates of time preference and... 
Fiscal policy | Adjustment costs | Habit formation | International correlations | BUSINESS, FINANCE | Analysis
Journal Article
Review of Economic Dynamics, ISSN 1094-2025, 01/2014, Volume 17, Issue 1, pp. 86 - 106
This paper characterizes the solution to a consumption/savings decision problem in which one of the consumption goods involves transaction costs. It then... 
Risk aversion | Dynamic discrete choice | Equity premium puzzle | Patience | Adjustment costs | Consumption commitments | Borrowing constraints | Lotteries | Housing | EQUILIBRIUM | INDIVISIBLE LABOR | PORTFOLIO CHOICE | ECONOMICS | CONSUMPTION
Journal Article
Journal of Accounting & Economics, ISSN 0165-4101, 02/2013, Volume 55, Issue 1, p. 111
  Central to the economic theory of sticky costs is the proposition that managers consider adjustment costs when changing resource levels. We test this... 
Studies | Labor costs | International comparisons | Economic theory | Labor law | Industrialized nations | Provisions
Journal Article
Journal of Labor Research, ISSN 0195-3613, 12/2015, Volume 36, Issue 4, pp. 427 - 441
This paper provides a different perspective on the firm-level empirical analysis of the relation between foreign ownership and labour demand adjustment in host... 
Labour adjustment costs | Structural estimation | Social Sciences, general | Social Sciences | Firm-level panel data | Multinational firms | TRADE LIBERALIZATION | INDUSTRY | DYNAMICS | MACHINE REPLACEMENT | DEMAND ELASTICITIES | UNEMPLOYMENT | INDUSTRIAL RELATIONS & LABOR | Studies | Multinational corporations | Labor costs | Ownership | Employment | Production | International
Journal Article