Labor's Liquidity Service and Firing Costs /
This paper proposes a new effect of firing costs on firms' behavior that builds from firms' demand for liquidity. When a time gap exists between production and its associated revenues, firing can become a liquidity adjustment tool that allows firms to increase their short-term liquidity. I...
| Auteur principal: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2007.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2007/120 |
| Accès en ligne: | Full text available on IMF |