03546nam 22005775 450 991029965290332120200703132909.0981-10-7158-610.1007/978-981-10-7158-4(CKB)4100000002892613(MiAaPQ)EBC5446667(DE-He213)978-981-10-7158-4(EXLCZ)99410000000289261320180315d2018 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierThe Changing Japanese Labor Market[electronic resource] Theory and Evidence /by Akiomi Kitagawa, Souichi Ohta, Hiroshi Teruyama1st ed. 2018.Singapore :Springer Singapore :Imprint: Springer,2018.1 online resource (196 pages)Advances in Japanese Business and Economics,2197-8859981-10-7157-8 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.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 Japanese employment system. The rigorous theoretical and empirical analyses presented in this book provide readers with deep insights into the nature of the current Japanese labor market and its macroeconomic impacts.Advances in Japanese Business and Economics,2197-8859Labor economicsEconomic growthSocial policyLabor Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W37000Economic Growthhttps://scigraph.springernature.com/ontologies/product-market-codes/W44000Social Policyhttps://scigraph.springernature.com/ontologies/product-market-codes/W34020Labor economics.Economic growth.Social policy.Labor Economics.Economic Growth.Social Policy.331.120952Kitagawa Akiomiauthttp://id.loc.gov/vocabulary/relators/aut1062530Ohta Souichiauthttp://id.loc.gov/vocabulary/relators/autTeruyama Hiroshiauthttp://id.loc.gov/vocabulary/relators/autMiAaPQMiAaPQMiAaPQBOOK9910299652903321The Changing Japanese Labor Market2526379UNINA