Labor market reform and innovation: Evidence from Spain
(2021)
Journal Article
García-Vega, M., Kneller, R., & Stiebale, J. (2021). Labor market reform and innovation: Evidence from Spain. Research Policy, 50(5), Article 104213. https://doi.org/10.1016/j.respol.2021.104213
We analyze the effect of a labor market reform on firms' product innovation. The reform , which amounts to a natural experiment, differentially reduced firing costs for some firms, thereby lowering adjustment costs in the presence of demand uncertain... Read More about Labor market reform and innovation: Evidence from Spain.