Title:

Nonconvex Adjustment Costs, Hysteresis, and the Macrodynamics of Employment

Authors:

Paulo Vasconcelos (U Porto)
Paulo R. Mota (U Porto)

Journal:

Journal of Post-Keynesian Economics

Year:

2012

Volume:

35

Pages:

93-112

JEL codes:

E24 - Macroeconomics: Employment; Unemployment; Wages; Intergenerational Income Distribution (includes wage indexation)
E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
L25 - Firm Performance: Size, Diversification and Scope, Age, Profit, and Sales