Time Discount and Convex Hiring Cost

Material type: 文書・図像類

Author: Yokota, Koji

Publisher: 小樽商科大学ビジネス創造センター

Publication date: 2012-04

Material Format: Digital

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NDC: 366.2

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Note (General)：: 2012年5月15日、本文ファイルを修正版に更新When rebargaining on wages is allowed after the worker-firm match is formed, search equilibrium with multiple hiring does not ...

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Material Type: 文書・図像類
Title: Time Discount and Convex Hiring Cost
Author/Editor: Yokota, Koji
Author Heading: Yokota, Koji
Publication, Distribution, etc.: 小樽商科大学ビジネス創造センター
Publication Date: 2012-04
Publication Date (W3CDTF): 2012-04
Periodical title: Discussion paper series
No. or year of volume/issue: 147
Volume: 147
Pages: 1-32
Text Language Code: eng
Subject Heading: 経済学
NDC: 366.2
Target Audience: 一般
Note (General): 2012年5月15日、本文ファイルを修正版に更新
When rebargaining on wages is allowed after the worker-firm match is formed, search equilibrium with multiple hiring does not necessarily exhausts labor resources when hiring cost is convex. The level of output depends on the time discount factor of the consumer. Properties of the resulting demand-driven business cycles are studied using periodic steady state technique with comparison with the productivity cycles. Wage rate generally exhibits phase shift against marginal productivity for discount factor fluctuation in contrast to the synchronization of the productivity cycle case.
Source: https://barrel.repo.nii.ac.jp/?action=repository_action_common_download&item_id=3516&item_no=1&attribute_id=21&file_no=1
https://barrel.repo.nii.ac.jp/?action=repository_action_common_download&item_id=3516&item_no=1&attribute_id=21&file_no=1
Access Restrictions: 限定公開
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 小樽商科大学 : 小樽商科大学学術成果コレクション