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

DOI10.1016/J.JEDC.2006.02.001MaRDI QIDQ1017014zbMATH OpenOpenAlexFDO

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

Publication date 18 May 2009

Published in Journal of Economic Dynamics and 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)

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Cites work

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

Cited in

(6)

• Sharing the sacrifice, minimizing the pain: optimal wage reductions
• A model of working time under utility competition in the labor market
• Distributional implications of a shorter working week: An unpleasant note
• The dynamics of working hours and wages under implicit contracts
• Dynamic work hour optimization for casual workers
• A Panel Data Analysis of the Effects of Wages, Standard Hours and Unionization on Paid Overtime Work in Britain

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