We extend the conventional perspective of economic research, that individuals' preferences are exogenously given or shaped by exogenous shocks, to assess whether and to what extent an artificial policy intervention that requires adult individuals to engage in social activities can nurture...

This paper incorporates search friction and human capital accumulation into an international trade framework to analyze the endogenous formation of comparative advantage induced by long-term employment relationship. The calibrated model demonstrates that the long-term employment relationship, by...