Factor-adjustment costs at the industry level

Mary E. Deily and Dennis Jansen

No 8911, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: An estimation of a dynamic cost function for the U.S. steel industry to investigate the cost of adjusting blue- and white-collar employment levels and to examine the importance of specification of the adjustment-cost function.

Keywords: Industries; Steel industry and trade (search for similar items in EconPapers)
Date: 1989
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