DYNAMIC LABOR DEMAND AND ADJUSTMENT COSTS

This important book presents in one volume the most important articles and papers on three key issues in modern labor economics: the dynamics of labour demand, the related adjustment costs, and the effects of employment security policies.

The poor employment performance of many of the industrialized countries in the 1970s and '80s has led to a dramatic growth of interest in the dynamics of labor demand and an outpouring of related policy initiatives in the European Community. In the United S...