The Economics of Labor Adjustment: Mind the Gap
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We study the inferences about labor adjustment costs obtained by the 'gap methodology' of Caballero and Engel [1993] and Caballero, Engel and Haltiwanger [1997]. In that approach, the policy function of a manufacturing plant is assumed to depend on the gap between a target and the current level of
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美国国家经济研究局创建时间：
2001-10-01
