Research project funded in academic year 2008-09The University Archives has determined that this item is of continuing value to OSU's history.During the 20th century, Western nations have adopted social
protection as a way to stem conflict between capital and labor, and to
ensure economic growth. Measures such as employment protection,
unemployment insurance, and wage bargaining have helped pave the
way for an era of social stability in Europe and the United States. Using France and Germany as cases, Watson plans to test this idea by
analyzing data from the stock market. Specifically, she is looking at
what happens to a company's stock price when social protection
measures are passed. Her idea is that the type of skills a company
requires from its labor force will determine how its share price
responds to protectionist legislation because such laws affect the
incentives for workers to invest in different types of skills.Mershon Center for International Security StudiesProject summar
