This part of the book introduces the work of Daniel S. Hamermesh. The work of Dan Hamermesh has substantially influenced the way labor economists think. By Klaus Zimmermann; Labor demand: Daniel S. Hamermesh, (Princeton University Press, Princeton, New Jersey, ) ISBN pp. In this broad-ranging book, Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static.
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Labor Studies The theory of the demand for labor is presented along with a catalog and critique of methods that are used to estimate the parameters that describe empirical labor-demand and substitution possibilities.
A model with lumpy costs of adjustment also estimates the relative sizes of the two types of costs.