嘉    宾：Katagiri  Mitsuru (片桐満）副教授 法政大学

主持人：Yuta Suzuki  助理教授 金沙威尼斯欢乐娱人城

时    间：2024年11月8日（周五）14:00-15:30

地    点:  金沙威尼斯欢乐娱人城徐汇校区金沙威尼斯欢乐娱人城A407

内容简介：

This study investigates the effects of employment protection legislation (EPL) on entrepreneurship, firm dynamics, and economic growth in a general equilibrium model that incorporates endogenous Schumpeterian growth. The model implies that more stringent EPL encourages households to accumulate more firm-specific human capital, which raises the opportunity cost to start a business. Using Japanese firm- and household-level microdata to calibrate parameter values, the quantitative exercise reveals that EPL reform aimed at its elimination could stimulate entrepreneurship in the household sector, thus boosting economic growth through more creative destruction in the firm sector. A partial equilibrium model that disregards the general equilibrium effects can overestimate or underestimate the policy effects of the EPL reform on entrepreneurship and economic growth. Policies that directly support firm entries or incumbents' research and development investment have limited impacts on economic growth as long as stringent EPL exists.

演讲人简介： 

Mitsuru Katagiri is an Associate Professor of Business Administration at Hosei University. Before joining Hosei University, he held positions at the Bank of Japan and the International Monetary Fund (IMF).  He obtained a B.A. degree in economics from University of Tokyo and a Ph.D. in economics from University of Pennsylvania.