Sentence examples for cost of adjustment from inspiring English sources
It encourages America to borrow excessively, which increases the eventual cost of adjustment.
The findings demonstrate the importance of interactions between market structure, a firm's market power and the associated cost of adjustment.
The approach here is to assess the cost of adjustment for the average wage versus employment by comparing the shares of the wage and employment adjustment costs in a plant's initial revenue over a 5-year window between two censuses.
A challenge is to separately measure the cost of adjustments in the wage rate per unit of labor quality, and the cost of adjustments due to changes in average labor quality only.
Capitalism survives by purging itself of debt and loading the costs of adjustment on the weak and the poor.
Especially in Italy, Greece and Spain, where the social costs of adjustment have been high, a backlash against the very idea of Europe is under way.
But they obscure the difficult political question of who should pay the costs of adjustment in the wake of economic crisis, an issue on which there is currently no agreement in the EU.
"As long as it is unclear when the adjustment will occur and who will bear what fraction of the costs of adjustment, firms and households may delay their investment and consumption decision, slowing down the economic recovery".
The existence of heavy external debt burdens has also tended to force the pace of structural adjustment programmes; the costs of adjustment are a rising function of the speed of adjustment and growth usually suffers more with shock-treatment adjustment.
Use an accurate cost-of-living adjustment.
