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The Changing Japanese Labor Market

The Changing Japanese Labor Market PDF Author: Akiomi Kitagawa
Publisher: Springer
ISBN: 9811071586
Category : Business & Economics
Languages : en
Pages : 196

Book Description
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.

The Changing Japanese Labor Market

The Changing Japanese Labor Market PDF Author: Akiomi Kitagawa
Publisher: Springer
ISBN: 9811071586
Category : Business & Economics
Languages : en
Pages : 196

Book Description
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.

Ageing and the Labor Market in Japan

Ageing and the Labor Market in Japan PDF Author: Koichi Hamada
Publisher: Edward Elgar Publishing
ISBN: 1847204244
Category : Social Science
Languages : en
Pages : 219

Book Description
This book is a concerted attempt by economists to investigate and offer remedies for some of the difficulties associated with an ageing labor market.

Foreign Help Wanted

Foreign Help Wanted PDF Author: Mr.Giovanni Ganelli
Publisher: International Monetary Fund
ISBN: 151353064X
Category : Business & Economics
Languages : en
Pages : 21

Book Description
Data and anecdotal evidence suggest that Japan is suffering from labor shortages, which are large in an international perspective, have a negative impact on potential growth, and reduce the effectiveness of monetary and fiscal stimulus. This paper focuses on policy options to ease Japan’s labor shortages. In particular, we focus on possible measures to increase reliance on foreign labor. Other policy recommendations to deal with shortages include policies aimed at increasing female labor participation, encouraging wage growth, increasing investment, as well as training and other active labor market policies.

Aging in the United States and Japan

Aging in the United States and Japan PDF Author: Yukio Noguchi
Publisher: University of Chicago Press
ISBN: 0226590216
Category : Social Science
Languages : en
Pages : 216

Book Description
Japanese and American economists assess the present economic status of the elderly in the United States and Japan, and consider the impact of an aging population on the economies of the two countries. With essays on labor force participation and retirement, housing equity and the economic status of the elderly, budget implications of an aging population, and financing social security and health care in the 1990s, this volume covers a broad spectrum of issues related to the economics of aging. Among the book's findings are that workers are retiring at an increasingly earlier age in both countries and that, as the populations age, baby boomers in the United States will face diminishing financial resources as the ratio of retirees to workers sharply increases. The result of a joint venture between the National Bureau of Economic Research and the Japan Center for Economic Research, this book complements Housing Markets in the United States and Japan (1994) by integrating research on housing markets with economic issues of the aged in the United States and Japan.

Nonstandard Work in Developed Economies

Nonstandard Work in Developed Economies PDF Author: Susan N. Houseman
Publisher: W.E. Upjohn Institute
ISBN:
Category : Business & Economics
Languages : en
Pages : 528

Book Description
Comprises a collection of papers which use an interdisciplinary and cross-country comparative framework to understand why nonstandard work has grown in so many countries and its implications for workers.

The Political Economy of Japan's Low Fertility

The Political Economy of Japan's Low Fertility PDF Author: Frances McCall Rosenbluth
Publisher: Stanford University Press
ISBN: 9780804768207
Category : Social Science
Languages : en
Pages : 252

Book Description
This book takes an interdisciplinary approach to one of Japan's thorniest public policy issues: why are women increasingly forgoing motherhood? At the heart of the matter lies a paradox: although the overall trend among rich countries is for fertility to decrease as female labor participation increases, gender-friendly countries resist the trend. Conversely, gender-unfriendly countries have lower fertility rates than they would have if they changed their labor markets to encourage the hiring of women—and therein lies Japan's problem. The authors argue that the combination of an inhospitable labor market for women and insufficient support for childcare pushes women toward working harder to promote their careers, to the detriment of childbearing. Controversial and enlightening, this book provides policy recommendations for solving not just Japan's fertility issue but those of other modern democracies facing a similar crisis.

Japan's New Economy

Japan's New Economy PDF Author: Magnus Blomström
Publisher: Oxford University Press
ISBN: 0199241724
Category : Business & Economics
Languages : en
Pages : 342

Book Description
Japan's economy stumbled in the 1990s, after four decades of rapid growth that transformed Japan into a wealthy country at the world's technological frontier. This volume explores the forces that will drive structural and institutional change in Japan over the next decade.

Japan's Growing Technological Capability

Japan's Growing Technological Capability PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309047803
Category : Technology & Engineering
Languages : en
Pages : 244

Book Description
The perspectives of technologists, economists, and policymakers are brought together in this volume. It includes chapters dealing with approaches to assessment of technology leadership in the United States and Japan, an evaluation of future impacts of eroding U.S. technological preeminence, an analysis of the changing nature of technology-based global competition, and a discussion of policy options for the United States.

Labor and Imperial Democracy in Prewar Japan

Labor and Imperial Democracy in Prewar Japan PDF Author: Andrew Gordon
Publisher: Univ of California Press
ISBN: 0520913302
Category : History
Languages : en
Pages : 381

Book Description
Labor and Imperial Democracy in Prewar Japan examines the political role played by working men and women in prewar Tokyo and offers a reinterpretation of the broader dynamics of Japan's prewar political history. Gordon argues that such phenomena as riots, labor disputes, and union organizing can best be understood as part of an early twentieth-century movement for "imperial democracy" shaped by the nineteenth-century drive to promote capitalism and build a modern nation and empire. When the propertied, educated leaders of this movement gained a share of power in the 1920s, they disagreed on how far to go toward incorporating working men and women into an expanded body politic. For their part, workers became ambivalent toward working within the imperial democratic system. In this context, the intense polarization of laborers and owners during the Depression helped ultimately to destroy the legitimacy of imperial democracy. Gordon suggests that the thought and behavior of Japanese workers both reflected and furthered the intense concern with popular participation and national power that has marked Japan's modern history. He points to a post-World War II legacy for imperial democracy in both the organization of the working class movement and the popular willingness to see GNP growth as an index of national glory. Importantly, Gordon shows how historians might reconsider the roles of tenant farmers, students, and female activists, for example, in the rise and transformation of imperial democracy.

To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession

To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession PDF Author: Mr.Masato Nakane
Publisher: International Monetary Fund
ISBN: 1455212512
Category : Business & Economics
Languages : en
Pages : 31

Book Description
The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by international standards and small relative to the large output shock. This paper explores Japan’s cyclical labor market response to the global financial crisis. Our findings suggest that: (i) employment responsiveness has been historically low but rising over time with the increasing importance of the non-regular workforce; (ii) the labor market response was consistent with historical patterns once we control for the size of the output shock; and (iii) the comparatively lower employment response vis-à-vis other countries can in part be explained by the quick implementation of an employment subsidy program, a more flexible wage system, and a corporate governance structure that places workers rights above shareholders.