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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.

The Japanese Labor Market in 1990

The Japanese Labor Market in 1990 PDF Author: Nihon Keizai Kenkyū Sentā
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 100

Book Description
Economic forecast on labour force and employment trends in Japan, for the period from 1975 to 1990 - calculates labour supply and labour demand, wage structure, labour force participation of woman workers, occupational structure, industrial growth, etc. Graphs and statistical tables.

Changes in Japan's Labor Market Flows Due to the Lost Decade

Changes in Japan's Labor Market Flows Due to the Lost Decade PDF Author: Julen Esteban-Pretel
Publisher:
ISBN:
Category :
Languages : en
Pages : 10

Book Description
We construct worker flows for the Japanese labor market in an internationally comparable manner, and study the consequences of the deep and lasting recession of the 1990s in the Japanese labor market. We analyze the changes in employment, unemployment and inactivity, as well as the worker flows between this states by using detailed Labor Force Survey micro-data from 1983 to 2008. In order to understand what type of worker was most affected by the long recession, we disaggregate the data according to several worker and employers characteristics. We find that the so-called Lost Decade of the 1990s changed the state of the labor market from all the previous points of view, although some types of workers were more affected than others.

Structural Changes in the Japanese Labor Market in the 1990s

Structural Changes in the Japanese Labor Market in the 1990s PDF Author: 智子·岸
Publisher:
ISBN: 9784895972840
Category :
Languages : en
Pages : 190

Book Description


The Japanese Employment System

The Japanese Employment System PDF Author: Marcus Rebick
Publisher: OUP Oxford
ISBN: 019153000X
Category : Business & Economics
Languages : en
Pages : 214

Book Description
The stagnation of the Japanese economy and the ageing of Japanese society has led to major changes in the labour market in Japan. This comprehensive study looks at how the Japanese employment system is adapting to its new economic environment. Using the latest statistical evidence, the book focusses on the growing use of part-time and other forms of atypical employment relationships and illustrates how this is expressed in several different parts of the labour market. Particular attention is given to the changing situation of women, the decline of the family enterprise, the problems faced by older workers and the poor prospects for recent high school graduates. The recent rise in unemployment, including hidden unemployment is analysed. Relations between management and employees in Japanese corporations are also becoming more individualistic with the introduction of performance-related pay and the declining importance of enterprise unions. As a result of these changes, the future may see rising levels of income inequality. The Japanese labour force is declining with the ageing of the population and Japan's ability to cope is examined with special attention given to immigration policy. This book will be of interest to anyone interested in what is happening today in Japan and what the possibilities are for the future.

The Japanese Employment System

The Japanese Employment System PDF Author: Haruo Shimada
Publisher:
ISBN: 0199247242
Category : Age and employment
Languages : en
Pages : 215

Book Description


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.

Immigration Policy and Foreign Workers in Japan

Immigration Policy and Foreign Workers in Japan PDF Author: H. Mori
Publisher: Springer
ISBN: 0230374522
Category : Business & Economics
Languages : en
Pages : 241

Book Description
In the second half of the 1980s Japan has emerged as one of the new major destination countries for migrants from Asia. The migrant labour pool was then joined by Japanese descendants from South American countries in the 1990s. Japan's policy of keeping the labour market closed to foreign unskilled workers has remained unchanged despite the 1990 immigration policy reform, which met the growing need for unskilled labour not by opening the 'front-door' to unskilled workers but by letting them in through intentionally-provided 'side-doors'. This book throws light on various aspects of migration flows to Japan and the present status of migrant workers as conditioned by Japan's immigration control system. The analysis aims to explore how the massive arrival of migrants affected Japan's immigration policy and how the policy segmented the foreign labour market in Japan.

Japanese Labor in the 1990s

Japanese Labor in the 1990s PDF Author: Y. Genda
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
We review the state of the labor market and employment practices in Japan over the past 15 years and try to evaluate the nature of the changes that have been occurring. We also look at how government policy has reacted to the conditions in the labor market and what implications this has for the future. Although there has been a continual shift of resources away from manufacturing and agriculture into services, employment practices have not been changing so rapidly, and job protection is actually stronger. This, along with wage restraint, accounts for why unemployment has only increased by some 2.5 percentage points during almost a decade of stagnation. We also note that much government policy has acted to maintain existing employment practices and that labor economists are divided as to whether or not this is a good thing.

The Japanese Labor Market in a Comparative Perspective with the United States

The Japanese Labor Market in a Comparative Perspective with the United States PDF Author: Masanori Hashimoto
Publisher:
ISBN:
Category : Human capital
Languages : en
Pages : 168

Book Description
Presents an economic analysis of certain aspects of the Japanese labour market.