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R&D, unemployment, and labor market policies

Hiroaki Miyamoto

Japan and the World Economy, 2010, vol. 22, issue 3, 198-205

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.

Keywords: Labor; market; policies; R&; D; Search; and; matching; model (search for similar items in EconPapers)
Date: 2010
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