Shiftwork, adjustment costs and uncertainty

Yishay D. Maoz

doi:10.2202/1534-5998.1074

Shiftwork, adjustment costs and uncertainty

Research output: Contribution to journal › Article › peer-review

Abstract

I study the dynamics of shiftwork when the demand for the output of the firm is stochastic and adjusting the number of shifts entails irreversible costs. The analysis reveals the existence of a gap between the level of demand that triggers activation of a shift and the level of demand that triggers shutting it off. The higher the uncertainty about future demand, the wider this gap. I also analyze in detail the pro-cyclical labor productivity created by the use of shiftwork.

Original language	English
Article number	7
Journal	Topics in Macroeconomics
Volume	3
Issue number	1
DOIs	https://doi.org/10.2202/1534-5998.1074
State	Published - 2003
Externally published	Yes

Keywords

Adjustment Costs
Productivity
Shiftwork
Uncertainty

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10.2202/1534-5998.1074

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Shiftwork, adjustment costs and uncertainty

Abstract

Keywords

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