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Publication

Job and worker flows in high adjustment cost settings

Title
Job and worker flows in high adjustment cost settings
Type
Article in International Scientific Journal
Year
2003
Authors
José Varejão
(Author)
FEP
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Journal
Vol. 2 No. 1
Pages: 37-51
ISSN: 1617-982X
Publisher: Springer Nature
Indexing
Publicação em ISI Web of Science ISI Web of Science
Scientific classification
FOS: Social sciences > Economics and Business
CORDIS: Social sciences > Economics > Labour economics
Other information
Authenticus ID: P-00Y-KFH
Abstract (EN): 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.
Language: English
Type (Professor's evaluation): Scientific
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