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An Econometric Model of the Short-run Demand for Workers and Hours in the U.S. Auto Industry.
J Econometrics North-holland 1982 Aug; 22(3):301-316
Based on the labor hoarding theory and the koyck-type adjustment mechanism, a model of the short-run demand for workers and hours in the U.S. auto industry is developed and estimated using Michigan and U.S. data, respectively. Statistical tests of the model structure are then conducted to confirm the theoretical specifications.
Issue of Publication
J. Econometrics, North-holland, V. 22, No. 3, August 1982, PP. 301- 316
Page last reviewed: September 2, 2020
Content source: National Institute for Occupational Safety and Health Education and Information Division