Working hours reduction and wage contracting style in a dynamic model with labor adjustment costs

DOI10.1016/J.JEDC.2006.02.001zbMath1163.91453OpenAlexW2078492464MaRDI QIDQ1017014

Chun-Chieh Huang, Ching-Chong Lai, Juin-jen Chang

Publication date: 18 May 2009

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2006.02.001

zbMATH Keywords

transitional dynamicsadjustment costs for laborwage contracting styleworking hours reduction

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Economic growth models (91B62)

Cites Work

• Endogenous growth and the welfare costs of inflation: a reconsideration
• Adjustment costs and indeterminacy in perfect foresight models
• Transitional dynamics in a two-sector non-scale growth model
• Firing Costs and Labour Demand: How Bad is Eurosclerosis?
• Saddlepoint Problems in Continuous Time Rational Expectations Models: A General Method and Some Macroeconomic Examples
• KNIFE-EDGE CONDITIONS AND THE MACRODYNAMICS OF SMALL OPEN ECONOMIES

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