Labor adjustment in the Japanese health care industry: some empirical evidence
利用日本数据，发现医疗行业劳动力调整成本中，招聘新员工的成本最高，导致雇主难以迅速增加员工数量。
This paper examines the labor adjustment costs in the health care industry. Using Japanese data, we find that the cost of hiring new health care workers is the largest component of labor adjustment costs in the health care industry. Hence, it is difficult for employers in this industry to immediately increase the number of workers since this employment adjustment is extremely expensive.