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Original Articles

Interpreting adjustment cost effects under asymmetry: a note

Pages 236-238 | Published online: 05 Oct 2010

References

  • Palm , F. C. , Peters , H. M. M. and Pfann , G. A. 1993 . Adjustment costs and time-to-build in factor demand in the US manufacturing industry . Empirical Economics , 18 : 639 – 671 .
  • Pfann , G. A. and Palm , F. C. 1993 . Asymmetric adjustment costs in non-linear labour demand models for the Netherlands and UK manufacturing sectors . Review of Economic Studies , 60 : 397 – 412 .
  • Pfann , G. A. and Verspagen , B. 1989 . The structure of adjustment costs for labour in the Dutch manufacturing sector . Economics Letters , 29 : 365 – 371 .
  • Roberts , J. M. , Stockton , D. J. and Struckmeyer , C. S. 1994 . Evidence on the inflexibility of prices . Review of Economic Statistics , 76 : 142 – 150 .

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