Job and worker flows in high adjustment cost settings

Detalhes bibliográficos
Autor(a) principal: Varejão, José M.
Data de Publicação: 2003
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/15468
Resumo: This paper analyses the relationship between the size of adjustment costs and the intensity of labor market flows. I argue that high adjustment costs inhibit adjustment to temporary shocks, leaving adjustment to long-lived shocks unchanged. Worker turnover is also reduced because of the negative impact that adjustment costs have on churning.
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spelling Job and worker flows in high adjustment cost settingsAdjustment costsJob flowsWorker flowsThis paper analyses the relationship between the size of adjustment costs and the intensity of labor market flows. I argue that high adjustment costs inhibit adjustment to temporary shocks, leaving adjustment to long-lived shocks unchanged. Worker turnover is also reduced because of the negative impact that adjustment costs have on churning.Springer VerlagRepositório da Universidade de LisboaVarejão, José M.2018-05-23T13:18:03Z2003-042003-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/15468engVarejão, José M. (2001). "Job and worker flows in high adjustment cost settings". Portuguese Economic Journal, 2(1):37-511617-982X (print)10.1007/s10258-002-0015-ymetadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:45:26Zoai:www.repository.utl.pt:10400.5/15468Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:07.140420Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Job and worker flows in high adjustment cost settings
title Job and worker flows in high adjustment cost settings
spellingShingle Job and worker flows in high adjustment cost settings
Varejão, José M.
Adjustment costs
Job flows
Worker flows
title_short Job and worker flows in high adjustment cost settings
title_full Job and worker flows in high adjustment cost settings
title_fullStr Job and worker flows in high adjustment cost settings
title_full_unstemmed Job and worker flows in high adjustment cost settings
title_sort Job and worker flows in high adjustment cost settings
author Varejão, José M.
author_facet Varejão, José M.
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Varejão, José M.
dc.subject.por.fl_str_mv Adjustment costs
Job flows
Worker flows
topic Adjustment costs
Job flows
Worker flows
description This paper analyses the relationship between the size of adjustment costs and the intensity of labor market flows. I argue that high adjustment costs inhibit adjustment to temporary shocks, leaving adjustment to long-lived shocks unchanged. Worker turnover is also reduced because of the negative impact that adjustment costs have on churning.
publishDate 2003
dc.date.none.fl_str_mv 2003-04
2003-04-01T00:00:00Z
2018-05-23T13:18:03Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/15468
url http://hdl.handle.net/10400.5/15468
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Varejão, José M. (2001). "Job and worker flows in high adjustment cost settings". Portuguese Economic Journal, 2(1):37-51
1617-982X (print)
10.1007/s10258-002-0015-y
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dc.publisher.none.fl_str_mv Springer Verlag
publisher.none.fl_str_mv Springer Verlag
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