Employment Protection, International Specialization, and innovation /
We develop a model to analyze the implications of firing costs on incentives for R and D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid labor market will tend to produce relatively secure goods, at a late stage of their product life cyc...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1996.
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| Series: | IMF Working Papers; Working Paper ;
No. 1996/016 |
| Online Access: | Full text available on IMF |