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Essays On The Japanese Labor Market
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Book Synopsis Essays on the Japanese Labor Market by : Jess Diamond
Download or read book Essays on the Japanese Labor Market written by Jess Diamond and published by . This book was released on 2011 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: In studying the Japanese economic miracle that occurred after the devastation of World War II, many researchers focused on unique features of the Japanese labor market to explain the country's high and growing productivity. One of the most prominent of these features was regular employment, an arrangement characterized by the twin pillars of lifetime employment and seniority-based wages. At its core was the long-term employment relationship between a worker and his firm that provided heavy investment in the worker's human capital. Over time the Japanese labor market has undergone many changes, but one of the most important has been the rise and apparent decline of regular employment. In its wake a dual labor market has emerged, consisting of a regular employment sector reduced in size and a growing non-standard employment sector. Chapter 1 investigates the impact of the dual labor market on workers' earnings. The theory of human capital predicts that the greater investment in human capital of regular employees should raise the returns to regular employment above those to non-standard employment. This chapter investigates whether or not this is the case by building a model of how the dual labor market impacts incentives to invest in workers' human capital and how such investment affects workers' earnings. I then investigate whether or not this model is supported by the data. I find that tenure in regular employment is a more important factor in wage growth than previous work experience, regardless of whether that experience was in regular or non-standard employment. Not only are returns to tenure in regular employment greater than those to past regular and non-standard employment, by and large, there does not appear to be a difference between the returns to past experience in regular employment and past experience in non-standard employment. Furthermore, although tenure in regular employment is an important determinant of wage growth, tenure in non-standard employment is not. Chapter 2 extends the investigation into the impact on workers of the dual labor market by investigating how workers' future employment opportunities are impacted by their employment histories. Specifically, this chapter uses a probability model to investigate in which sector of the dual labor market an individual worker will most likely be employed given his previous history of employment in the regular and non-standard employment sectors. Using this model, I also investigate how the dual labor market affects the employment opportunities of workers of different ages and how these effects have changed over time. My results suggest that starting one's career in non-standard rather than regular employment reduces one's probability of being in regular employment in the future. I also propose a dynamic unobserved effects model in order to separate the effect of unobserved individual heterogeneity from that of true state dependence and find that there is a large degree of state dependence even after controlling for individual heterogeneity so that people are likely to remain in the whichever employment sector they currently find themselves. Among the most important changes that have occurred in Japanese corporate finance over the past 30 years has been the liberalization and internationalization of capital markets, leaving management less protected from the demands of shareholders. Chapter 3 shifts the focus of analysis from workers to firms and investigates whether or not the capital structure of firms affect their personnel strategies and employment policies. In particular, this chapter asks whether the importance of a particular stakeholder to a firm's financing affects which stakeholders the management of the firm prioritizes and how this affects the firm's views on lifetime employment and employee training. I find that the financial structure of the firm is correlated with which stakeholders are regarded as important or influential by the firm. Similarly, I find longer average lengths of service at older firms and firms with lower rates of profitability. I also find that older firms and firms with lower rates of profitability are more likely to reconsider their policies on lifetime employment. Finally, I find that firms are less likely to report that they will support lifetime employment in the future the higher is the percentage of shares owned by either foreign shareholders or individual shareholders.
Book Synopsis Essays on the Japanese internal labour market by : Souichi Ohta
Download or read book Essays on the Japanese internal labour market written by Souichi Ohta and published by . This book was released on 1996 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Labor Market in Japan written by 西川俊作 and published by [Tokyo] : University of Tokyo Press. This book was released on 1980 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic compilation of essays on the labour market in Japan - covers business cycles and rural migration from the agricultural sector, labour mobility, the theory of labour supply, the effects of reduced hours of work on productivity, the retirement system, trends in employment and unemployment (1970-1975), wage determination (incl. Wage policy), the seniority wage payment system, wage differentials, economic implications of labour disputes in the public sector, etc. Bibliography pp. 271 and 272, graphs and statistical tables.
Book Synopsis Essays on Japanese Labour Policy by : Tapio Koskiaho
Download or read book Essays on Japanese Labour Policy written by Tapio Koskiaho and published by . This book was released on 1990 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis State and Economic Enterprise in Japan by : William Wirt Lockwood
Download or read book State and Economic Enterprise in Japan written by William Wirt Lockwood and published by Princeton University Press. This book was released on 2015-12-08 with total page 764 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing with the extraordinary economic modernization that has been taking place in Japan since 1868, this is a study of Japan's historical opportunities and the human responses that have molded the vigor of her development. The first half of the book concentrates on the Meiji Era, 1868-1911, when the foundations of modern industrial society and the modem state were being created. The second half focuses on Japan since World War II. The sixteen authors who have contributed to this volume represent much of the best informed scholarship on the economic factors of Japanese modernization. Originally published in 1965. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author :Rebick, Marcus Edward Publisher :Ann Arbor, Mich. : University Microfilms International ISBN 13 : Total Pages :368 pages Book Rating :4.:/5 (26 download)
Book Synopsis Japanese Labor Markets and Institutions Under Slower Growth [microform] : Essays on the Period, 1970-1989 by : Rebick, Marcus Edward
Download or read book Japanese Labor Markets and Institutions Under Slower Growth [microform] : Essays on the Period, 1970-1989 written by Rebick, Marcus Edward and published by Ann Arbor, Mich. : University Microfilms International. This book was released on 1990 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Value and Crisis written by Makoto Itoh and published by Monthly Review Press. This book was released on 2020-12-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes Japanese contributions to Marxist theory Marxist economic thought has had a long and distinguished history in Japan, dating back to the First World War. When interest in Marxist theory was virtually nonexistent in the United States, rival schools of thought in Japan emerged, and brilliant debates took place on Marx’s Capital and on capitalism as it was developing in Japan. Forty years ago, Makoto Itoh’s Value and Crisis began to chronicle these Japanese contributions to Marxist theory, discussing in particular views on Marx’s theories of value and crisis, and problems of Marx’s theory of market value. Now, in a second edition of his book, Itoh deepens his study Marx’s theories of value and crisis, as an essential reference point from which to analyze the multiple crises that have arisen during the past four decades of neoliberalism. One contribution of the original Value and Crisis was to bridge Japan and the world in the field of Marxian political economy. Itoh’s second edition demonstrates an even wider-ranging familiarity with major schools of Marxist thought, summarizing and assessing viewpoints of such theorists as Hilferding, Bauer, Kautsky, Bukharin, Luxemburg, Grossman, Sweezy, the Japanese Marxist Kozo Uno, together with the relevant parts of Capital and a section on the 1930’s Great Depression. Given today’s current emergencies of world capitalism and socialism, says Itoh, we need to work together to resolve new global problems, articulating new issues of Marx’s theories of value and crisis. The promise of Marx’s theories has not waned. If anything—given the failure of Soviet-style socialism and the catastrophe of neoliberalism—it grows daily.
Book Synopsis The Changing Japanese Labor Market by : Akiomi Kitagawa
Download or read book The Changing Japanese Labor Market written by Akiomi Kitagawa and published by Springer. This book was released on 2018-03-15 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Essays on Japanese Economy by : Shigeto Tsuru
Download or read book Essays on Japanese Economy written by Shigeto Tsuru and published by . This book was released on 1958 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on Labour Market Segmentation in Japan by : Junko Iwagami
Download or read book Essays on Labour Market Segmentation in Japan written by Junko Iwagami and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis ESSAYS ON JAPAN'S TRADE AND INDUSTRIAL STRUCTURE. by : David Eli Weinstein
Download or read book ESSAYS ON JAPAN'S TRADE AND INDUSTRIAL STRUCTURE. written by David Eli Weinstein and published by . This book was released on 1991 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: may result in export prices being below average cost.
Book Synopsis The Japanese Employment System by : Marcus Rebick
Download or read book The Japanese Employment System written by Marcus Rebick and published by OUP Oxford. This book was released on 2005-06-02 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Meanings of Work by : Ricardo Antunes
Download or read book The Meanings of Work written by Ricardo Antunes and published by BRILL. This book was released on 2012-11-09 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Meanings of Work aims to explore some dimensions of the changes taking place in the labour-world, as well as looking at the consequences, theoretical and empirical, entailed by these transformations, such as the relevance and pertinence of the category of labour in the contemporary world. Billions of men and women depend exclusively on their labour to survive and encounter increasingly unstable, precarious or casual workers and the unemployed. As the contingent of workers has grown, there have been a vast reduction in jobs, rights have been corroded and the gains of the past have been eroded. The Meanings of Work starts with a wider conception of work and seeks to understand this new condition of labour today.
Book Synopsis Policies for Industrial Growth in a Competitive World by :
Download or read book Policies for Industrial Growth in a Competitive World written by and published by . This book was released on 1984 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Industrial Relations in International Perspective by : Peter B Doeringer
Download or read book Industrial Relations in International Perspective written by Peter B Doeringer and published by Springer. This book was released on 1981-07-30 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Japan's New Inequality by : Yoshimichi Satō
Download or read book Japan's New Inequality written by Yoshimichi Satō and published by Apollo Books. This book was released on 2011 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the collapse of Japan's bubble-economy in the late 1980s, a wide range of neo-liberal reforms were introduced which dramatically affected the nature of the labor market. These reforms expanded and consolidated a two-tier market, widening the gap between those who benefit from the 'company citizenship' of 'regular' (long-term, secure) employment conditions and those who are increasingly disadvantaged by reduced income and security in the peripheral Ã?Â?Ã?Â?non-regular system of casual and short-term employment. The contributions in this volume use the 2005 Social Stratification and Mobility (SSM) survey data to analyze the effects of Japanese labor market reforms on social mobility, social welfare, company 'citizenship, ' incomes, as well as the policy implications for homelessness. (Series: Social Stratification and Inequality) *** "The volume makes a timely contribution in the context of extensive public debate in the media and recent academic works about the widening gap between rich and poor, and about the consequences of that gap for individuals and the society as a whole. The book is a valuable addition to the field and complements recent publications on social inequality . . . [and] is significant in two major ways. The first is that, going beyond quantitative changes in social inequality, it illuminates, and convincingly argues for, qualitative changes in social inequality. This is insightful. It advances our understanding of patterns of inequality, since we have long seen debates on increasing inequality in income and life chances and in terms of the 'working poor' and 'new poverty.' The second significance is the authors' insistence that institutions rather than individual attributes guide social inequality . . . Institutions set boundaries to, and guide, family and individual decision and actions, which have resulted in the qualitative changes in social inequality in the last three decades." - Journal of Japanese Studies, Vol. 40, No. 1, 2014Ã?Â?Ã?Â?
Book Synopsis Ageing and the Labor Market in Japan by : Koichi Hamada
Download or read book Ageing and the Labor Market in Japan written by Koichi Hamada and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a concerted attempt by economists to investigate and offer remedies for some of the difficulties associated with an ageing labor market.
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