Access the full text.
Sign up today, get DeepDyve free for 14 days.
F Jaramillo, F Schiantarelli, A Sembenelli (1993)
Are adjustment costs for labor asymmetric? An econometric test on panel data for ItalyRev Econ, Stat, 75
D. Duffie, J. Geanakoplos, A. Mas-Colell, A. McLennan (2007)
Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models
A Pakes (1994)
Advances in Econometrics: Proceedings of the 6th World Congress of the Econometric Society
M. Shapiro (1986)
The Dynamic Demand for Capital and LaborNBER Working Paper Series
Robert Hall (2003)
Measuring Factor Adjustment Costs
W. Ferson, Stephen Foerster (1994)
Finite sample properties of the generalized method of moments in tests of conditional asset pricing modelsJournal of Financial Economics, 36
Byong-Hyong Bahk, Michael Gort, R. Wall (1993)
Decomposing Technical ChangeSouthern Economic Journal, 60
Øivind Nilsen, K. Salvanes, F. Schiantarelli (2003)
Employment Changes, the Structure of Adjustment Costs, and Plant SizeLabor: Human Capital
A. Pakes (1991)
Dynamic Structural Models: Problems and Prospects. Mixed Continuous Discrete Controls and Market Interactions
MD Shapiro (1986)
The dynamic demand for labor and capitalQ J of Econ, 101
L Foster, J Haltiwanger, C Syverson (2008)
Reallocation, firm turnover, and efficiency: selection on productivity or profitability?Am Econ, Rev, 98
F. Kramarz, Marie-Laure Michaud, P. Cahuc, Emmanuel Duguet, Eric Maurin, Gerard Pfann, F. Postel-Vinay
The Shape of Hiring and Separation Costs the Shape of Hiring and Separation Costs
M. Merz, Eran Yashiv (2003)
Labor and the Market Value of the FirmIO: Productivity
G. Pfann, F. Palm (1993)
Asymmetric Adjustment Costs in Non-linear Labour Demand Models for the Netherlands and U.K. Manufacturing Sectors.Total Quality Management & Business Excellence
Charles Brown, James Medoff (1989)
The Employer Size-Wage EffectJournal of Political Economy, 97
Udo Brixy, Susan Kohaut, C. Schnabel (2007)
Do Newly Founded Firms Pay Lower Wages? First Evidence from GermanySmall Business Economics, 29
Daniel Fackler, C. Schnabel, J. Wagner (2014)
Lingering Illness or Sudden Death? Pre-Exit Employment Developments in German EstablishmentsEuropean Economics: Labor & Social Conditions eJournal
Fidel Jaramillo, F. Schiantarelli, A. Sembenelli (1992)
Are Adjustment Costs for Labor Asymetric? An Econometric Test On Panel Data for ItalyResearch Papers in Economics
F. Heyman (2007)
Firm Size or Firm Age? The Effect on Wages Using Matched Employer-Employee DataLabor: Supply & Demand eJournal
Flora Bellone, P. Musso, M. Quéré, L. Nesta (2006)
Productivity and Market Selection of French Manufacturing Firms in the NinetiesRevue De L'ofce
Carlos Carreira, Paulino Teixeira (2011)
The shadow of death: analysing the pre-exit productivity of Portuguese manufacturing firmsSmall Business Economics, 36
D. Audretsch, G. Leeuwen, Bert Menkveld, R. Thurik (2001)
Market dynamics in the Netherlands: Competition policy and the role of small firmsInternational Journal of Industrial Organization, 19
L. Foster, J. Haltiwanger, C. Syverson (2005)
Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?Organizations & Markets eJournal
César Alonso-Borrego (1998)
Demand for labour inputs and adjustment costs: evidence from Spanish manufacturing firmsLabour Economics, 5
Z. Griliches, Haim Regev (1995)
Firm productivity in Israeli industry 1979-1988Journal of Econometrics, 65
(1994)
IZA Discussion Paper #7081
Byong-Hyong Bahk, Michael Gort (1993)
Decomposing Learning by Doing in New PlantsJournal of Political Economy, 101
G Pfann, FC Palm (1993)
Asymmetric adjustment costs in non-linear labour demand models for the Netherlands and U.K. manufacturing SectorsRev Econ Stud, 60
Hugo Hopenhayn (1992)
Entry, exit, and firm dynamics in long run equilibriumEconometrica, 60
A Kölling, C Schnabel, J Wagner (2013)
IZA Discussion Paper #679
Nancy Stokey, R. Lucas, E. Prescott (1989)
Recursive methods in economic dynamics
(2003)
Firm age and wages
F. Kramarz, Marie-Laure Michaud (2010)
The shape of hiring and separation costs in FranceLabour Economics, 17
M Gort, S Sapra, B Bahk (1990)
1990 Census Research Conference, U.S. Census Bureau
Arnd Kölling, C. Schnabel, J. Wagner (2002)
Establishment Age and Wages: Evidence from German Linked Employer-Employee DataSSRN Electronic Journal
This paper explores the evolution of the average wage of employees over the life-cycle of a manufacturing plant. The average wage starts out low for a new plant and increases along with labor productivity as the plant ages. As a plant approaches exit, its average wage falls, but more slowly than it rises in the case of growing plants. Moreover, the average wage does not fall as fast as productivity does. A dynamic model of labor quality and quantity choice by plants is estimated to assess the costs of altering labor quality and quantity over the plant life-cycle.
IZA Journal of Labor Economics – Springer Journals
Published: Nov 22, 2013
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.