劳动需求弹性估计.ppt

Chapter 5 Nonwage labor costs Quasi-fixed costs and their effects on demand Definition of Quasi-fixed cost Not strictly proportional to hours of work Nonwage Effects The choice firms have between hiring more workers and employing those already on the payroll for longer hours. Nonwage labor costs Nonwage labor costs include: hiring costs, Nonwage labor costs Nonwage labor costs include: hiring costs, training costs, Nonwage labor costs Nonwage labor costs include: hiring costs, training costs, employee benefits. Hiring costs Hiring costs include the costs associated with: placing advertisements, Hiring costs Hiring costs include the costs associated with: placing advertisements, selecting candidates for interviews, Hiring costs Hiring costs include the costs associated with: placing advertisements, selecting candidates for interviews, interviewing candidates, Hiring costs Hiring costs include the costs associated with: placing advertisements, selecting candidates for interviews, interviewing candidates, selecting candidates for job offers, Hiring costs Hiring costs include the costs associated with: placing advertisements, selecting candidates for interviews, interviewing candidates, selecting candidates for job offers, negotiating job offers, Hiring costs Hiring costs include the costs associated with: placing advertisements, selecting candidates for interviews, interviewing candidates, selecting candidates for job offers, negotiating job offers, and processing the workers employment (filling out W4 forms, I9 forms, and adding the worker to the companys insurance and pension plans) in the human resources department of the firm. Hiring costs differences across firms In the secondary labor market, hiring costs are generally relatively low. Hiring costs differences across firms In the secondary labor market, hiring costs are generally relatively low. Hiring costs in the primary labor market, however, can be very substantial, particularl