期刊名称:Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN:0804-6824
出版年度:2003
卷号:2003
出版社:Bergen
摘要:In this paper we analyze the pattern of employment adjustment using a rich panel of
Norwegian plants. The data suggest that the frequency of episodes of zero net employment
changes is inversely related to plant size. We develop and estimate a simple “q” model of
labor demand, allowing for the presence of fixed, linear and convex components of adjustment
costs. The econometric evidence supports the existence of purely fixed components, unrelated
to plant size. As a result, the range of inaction is wider for smaller plants. The quadratic
components of costs are also important. Finally, in most specifications both fixed and convex
costs are higher for employment contractions.