Dynamic labor demand with dual labor markets

Gilles Saint-Paul

Research output: Contribution to journalArticlepeer-review

Abstract

This paper solves the dynamic optimization problem of a firm which faces shocks and can hire two types of labor: one with linear adjustment costs and the other without adjustment costs.

Original languageEnglish (US)
Pages (from-to)219-222
Number of pages4
JournalEconomics Letters
Volume36
Issue number2
DOIs
StatePublished - Jun 1991

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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