R&D,unemployment, and labor market policies |
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Authors: | Hiroaki Miyamoto |
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Institution: | International University of Japan, 777 Kokusai-cho, Minami Uonuma-shi, Niigata 949-7277, Japan |
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Abstract: | This paper studies the effects of labor market policies on R&D activities and unemployment. I develop a search and matching model in which firms’ R&D decisions are endogenously determined. The model demonstrates that more intensive labor market policies that protect workers reduce the levels of R&D activities. This study offers a theoretical framework to understand the relationship between R&D activities, labor market policies, and unemployment which is discussed in empirical studies. |
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