A note on the determinants of labour share movements

被引:11
作者
Kessing, SG [1 ]
机构
[1] Free Univ Berlin, Inst Publ Finance & Social Policy, D-14195 Berlin, Germany
关键词
labour share; adjustment costs; labour demand;
D O I
10.1016/S0165-1765(03)00158-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
Adjustment costs cause movements of the labour share if the economy experiences demand or wage shocks. With linear adjustment costs and Cobb-Douglas technology, these movements are independent of the size of these shocks and depend only on the size of the adjustment costs. (C) 2003 Elsevier B.V. All rights reserved.
引用
收藏
页码:9 / 12
页数:4
相关论文
共 5 条
[1]  
[Anonymous], BROOK PAP EC ACT
[2]  
BENTOLILA S, 1999, 9905 CEMFI
[3]   JOB SECURITY, EMPLOYMENT AND WAGES [J].
BERTOLA, G .
EUROPEAN ECONOMIC REVIEW, 1990, 34 (04) :851-879
[4]  
BLANCHARD O, 1998, NBER WP, V6566
[5]   Jobless growth: appropriability, factor substitution, and unemployment [J].
Caballero, RJ ;
Hammour, ML .
CARNEGIE-ROCHESTER CONFERENCE SERIES ON PUBLIC POLICY, VOL 48, 1998, 48 :51-94