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Record Nr. |
UNINA9910299652903321 |
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Autore |
Kitagawa Akiomi |
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Titolo |
The Changing Japanese Labor Market : Theory and Evidence / / by Akiomi Kitagawa, Souichi Ohta, Hiroshi Teruyama |
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Pubbl/distr/stampa |
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Singapore : , : Springer Singapore : , : Imprint : Springer, , 2018 |
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ISBN |
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Edizione |
[1st ed. 2018.] |
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Descrizione fisica |
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1 online resource (196 pages) |
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Collana |
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Advances in Japanese Business and Economics, , 2197-8859 |
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Disciplina |
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Soggetti |
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Labor economics |
Economic development |
Social policy |
Labor Economics |
Economic Growth |
Social Policy |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Nota di contenuto |
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1 Overview -- Part 1: Theory -- 2 Flatter Wage Profiles and Reduced Lifetime Employment: A Simple Formalization -- 3 Ranking and Long-term Unemployment in a Model with Efficiency Wages -- Part II Evidence -- 4 Testing the Dual Structure of the Japanese Labor Market -- 5 Duration Dependence of Job-Finding Rates in Japan -- Index. |
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Sommario/riassunto |
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This book reappraises the Japanese employment system, characterized by such practices as the periodic recruiting of new graduates, lifetime employment and seniority-based wages, which were praised as sources of high productivity and flexibility for Japanese firms during the period of high economic growth from the middle of the 1950s until the burst of bubbles in the early 1990s. The prolonged stagnation after the bubble burst induced an increasing number of people to criticize the Japanese employment system as a barrier to the structural changes needed to allow the economy to adjust to the new environment, with detractors suggesting that such a system only serves to protect the vested interests of incumbent workers and firms. By investigating what caused the long stagnation of the Japanese economy, this book examines the validity of this currently dominant view about the |
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