00000nam##2200000za#4500 9.612244 CaOODSP 20211126112846 ta 150406|1995||||xxc||||| f|0| 0 eng|d 0-662-23484-7 1192-5434 CaOODSP eng n-cn--- FB3-2/95-3E Bank of Canada. Empirical evidence on the cost of adjustment and dynamic labour demand / by Robert A. Amano. Ottawa - Ontario : Bank of Canada 1995. 29p. : graphs, references, tables ; 28 cm. Working paper 1192-5434 95-3 "The author uses a linear-quadratic model and attempts to estimate the relative adjustment costs of labour demand as well as its rate of adjustment towards long-run equilibrium. In contrast to others who have examined the dynamic behaviour of labour demand, the author estimates the structural parameters using the Euler equation and employs a limited-information approach that does not require an explicit solution for the model's control variables in terms of the forcing processes."--Abstract. The author uses a linear-quadratic model and attempts to estimate the relative adjustment costs of labour demand as well as its rate of adjustment towards long-run equilibrium. In contrast to others who have examined the dynamic behaviour of labour demand, the author estimates the structural parameters using the Euler equation and employs a limited-information approach that does not require an explicit solution for the model's control variables in terms of the forcing processes.--Abstract Résumés en français Softcover 95-21 1995-05-26 Labour market gcpds Amano, Robert A. Empirical evidence on the cost of adjustment and dynamic labour demand / (CaOODSP)9.571634 Working paper, 1192-5434 95-3 (CaOODSP)9.514622