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Does North American Labor Demand Adjustment Differ From That in Britain?
Penny Hill Press Inc
(Illustrated by)
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Createspace Independent Publishing Platform
· Paperback
Does North American Labor Demand Adjustment Differ From That in Britain? - Penny Hill Press Inc ; Federal Trade Commission
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Origin: U.S.A.
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Synopsis "Does North American Labor Demand Adjustment Differ From That in Britain?"
This book examines the degree of employment and hours per worker adjustment among comparable British, Canadian, and U.S. manufacturing industries. The standard adjustment cost model of dynamic labor demand, assuming nonmyopic firm expectations of the forcing variables, serves as the empirical framework. The results indicate that the estimated speeds of employment adjustment and average hours worked adjustment among British manufacturing industries resemble those of North American manufacturing industries. In addition to the analysis of comparative adjustment behavior, empirical results are also presented regarding the effect of the real wage rate on short-run labor demand.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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