Document details

Labor adjustment dynamics: An application of system GMM

Author(s): Grilo, Pedro Miguel Esperança cv logo 1

Date: 2011

Persistent ID: http://hdl.handle.net/10362/10080

Origin: Repositório Institucional da UNL

Subject(s): Labor demand; Adjustment dynamics; System GMM


Description
A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics This paper reviews how adjustment costs and rigid labor legislation affect input factor adjustment throughout the business cycle. Estimates of adjustment speed of different types of labor are provided and their causes and consequences discussed.
Document Type Master Thesis
Language English
Advisor(s) Portugal, Pedro
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