Dynamique de l'investissement et de l'emploi avec coûts d'ajustement sur le capital et le travail
Patrick Artus and
Bernard Migus
Annals of Economics and Statistics, 1986, issue 2, 75-99
Abstract:
This article presents the foundations and the estimation of two models describing how firms determine the optimal expected paths of employment and of the capital stock when they face adjustment costs on both production factors. In the first model, firms are assumed to be always constrained on their sales, in the second one never to be rationed on the goods market.
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1986:i:2:p:75-99
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