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Labor Market Flexibility In Japan
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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 Internal Labour Markets in Japan by : Kenn Ariga
Download or read book Internal Labour Markets in Japan written by Kenn Ariga and published by Cambridge University Press. This book was released on 2000-06-29 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japanese labour market practices have attracted considerable attention in the West for two reasons. Firstly, innovative human resource management (HRM) is responsible for the development of competitive industrial sectors. Secondly, inner flexibility of the labour market has produced low unemployment and wage flexibility. This study, originally published in 2000, provides a thorough investigation of the distinctive features of Japanese internal labour markets (ILM) and occupational labour markets (OLM), closely analyses important changes in ILM and considers future developments. It combines a mixture both of descriptive and of theoretical and econometric work and builds on the authors' wel- known previous research in this area. Also contains a detailed case study and the econometric analysis of HRM policies used by a large Japanese firm. Although the focus is on Japanese ILM, international comparisons are made throughout, mainly with reference to Europe and the United States.
Book Synopsis Labor Market Flexibility in Japan by : Kazuyoshi Kōshiro
Download or read book Labor Market Flexibility in Japan written by Kazuyoshi Kōshiro and published by . This book was released on 1986 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Ronald Philip Dore Publisher :OECD ; [Washington, D.C. : OECD Publications and Information Centre] ISBN 13 : Total Pages :96 pages Book Rating :4.:/5 (318 download)
Book Synopsis Japan at Work by : Ronald Philip Dore
Download or read book Japan at Work written by Ronald Philip Dore and published by OECD ; [Washington, D.C. : OECD Publications and Information Centre]. This book was released on 1989 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Japanese Labour and Management in Transition by : Mari Sako
Download or read book Japanese Labour and Management in Transition written by Mari Sako and published by Routledge. This book was released on 2013-01-11 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japanese Management and Labour in Transition explores the changing face of Japanese industrial relations. Part one of the work outlines recent trends in Japanese labour markets, labour law and corporate strategy, and explores the responses of both management and labour to pressure posed by these trends. Part two analyses the interaction between the state, management and labour, considering both the macro and the micro levels. This compilation of up-to-date research by leading Japanese scholars challenges the traditional view of 'lifetime' employment and focuses on the growing economic pressures that Japanese management and labour currently face.
Book Synopsis To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession by : Mr.Masato Nakane
Download or read book To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession written by Mr.Masato Nakane and published by International Monetary Fund. This book was released on 2011-01-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Employment Security and Labor Market Flexibility by : Kazuyoshi Kōshiro
Download or read book Employment Security and Labor Market Flexibility written by Kazuyoshi Kōshiro and published by Wayne State University Press. This book was released on 1992 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the oil crisis of the 1970s, increased labor market flexibility seems to have become an indispensable ingredient of economic success. This book examines the critical issues that affect labor market flexibility and job security in the main industrialized economies of the United States, Japan, West Germany, the United Kingdom, and Europe, in an attempt to more fully understand the complex forces at work within such labor markets. Employment Security and Labor Market Flexibility originated from The International Symposium on Labor Market Flexibility in Yokohama, Japan, in 1986, in which scholars in economics, industrial relations, and labor law scholars scrutinized the similarities and differences of the labor markets in these countries. They focused on three main topics: wage flexibility in response to changing economic conditions, the legal and institutional framework for employment security, and international comparison of employment adjustment. Comparison of wage flexibility as well as numerical and functional flexibility among these countries were examined by both qualitative and quantitative analyses. The labor market cannot be treated in the same way as other markets because it deals directly with human beings who are less likely to obey the immutable laws of the market mechanism. Nevertheless, Kazutoshi Koshiro asserts that it is still important to build a framework on which to understand and assess the role of labor flexibility in the competitive process, and it is with this framework in mind that these chapters have been assembled into one volume. Individual chapters compare the relative flexibility of compensation and employment over the business cycle in the United States with that of Japan; analyze the relative flexibility of Japanese wages; unravel some of the underlying forces that comprise the employment security situation in the United States; study the important relationship between economic conditions and the labor market and explain the difference between the employment protection legislation of the United States on the one hand, and Europe and Japan, on the other; and compare the nature of labor markets and employment adjustment techniques of the United States, Europe, and Japan.
Book Synopsis The Path to Higher Growth by : Ms.Chie Aoyagi
Download or read book The Path to Higher Growth written by Ms.Chie Aoyagi and published by International Monetary Fund. This book was released on 2013-10-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues that Japan’s excessive labor market duality can reduce Total Factor Productivity (TFP) due to a negative impact on non-regular workers’ effort and on firms’ incentives to train them. On the basis of cross-country empirical evidence, the paper proposes some reform options. In particular, our analysis suggests that reducing the difference in employment protection between regular and non-regular workers would substantially reduce labor market duality in Japan. One reform consistent with these findings is the introduction of a Single Open Ended Contract for all newly hired workers. This reform could be complemented by a shift towards a model that combines labor market flexibility and security (“flexicurity”) and by policies aimed at encouraging wage growth.
Book Synopsis Inequality in the Workplace by : Jiyeoun Song
Download or read book Inequality in the Workplace written by Jiyeoun Song and published by Cornell University Press. This book was released on 2014-02-25 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past several decades have seen widespread reform of labor markets across advanced industrial countries, but most of the existing research on job security, wage bargaining, and social protection is based on the experience of the United States and Western Europe. In Inequality in the Workplace, Jiyeoun Song focuses on South Korea and Japan, which have advanced labor market reform and confronted the rapid rise of a split in labor markets between protected regular workers and underprotected and underpaid nonregular workers. The two countries have implemented very different strategies in response to the pressure to increase labor market flexibility during economic downturns. Japanese policy makers, Song finds, have relaxed the rules and regulations governing employment and working conditions for part-time, temporary, and fixed-term contract employees while retaining extensive protections for full-time permanent workers. In Korea, by contrast, politicians have weakened employment protections for all categories of workers. In her comprehensive survey of the politics of labor market reform in East Asia, Song argues that institutional features of the labor market shape the national trajectory of reform. More specifically, she shows how the institutional characteristics of the employment protection system and industrial relations, including the size and strength of labor unions, determine the choice between liberalization for the nonregular workforce and liberalization for all as well as the degree of labor market inequality in the process of reform.
Book Synopsis Structural Change and Labor Market Adjustment by : Robert W. Bednarzik
Download or read book Structural Change and Labor Market Adjustment written by Robert W. Bednarzik and published by . This book was released on 1988 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Is Labor Market Mismatch a Big Deal in Japan? by : Mr.Ippei Shibata
Download or read book Is Labor Market Mismatch a Big Deal in Japan? written by Mr.Ippei Shibata and published by International Monetary Fund. This book was released on 2013-09-17 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite its low unemployment rate, the recent shift in the Japanese Beveridge curve indicates increased labor mismatch. This paper quantifies the age, employment-type (full or part-time), and occupational mismatch in the Japanese labor market following Sahin and others (2013). Between April 2000 and April 2013, the age mismatch has steadily declined while the occupational and employmenttype mismatch has shown a countercyclical pattern, showing a sharp increase during the global financial crisis. Occupational mismatch accounted for approximtely 20-40 percent of the recent rise in the unemployment rate in Japan. The magnitude was comparable to that of the U.K. and the U.S.
Book Synopsis The Japanese Labor Market During the COVID- 19 Pandemic by : Shinya Kotera
Download or read book The Japanese Labor Market During the COVID- 19 Pandemic written by Shinya Kotera and published by International Monetary Fund. This book was released on 2022-05-13 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates labor market dynamics in Japan during the COVID-19 pandemic drawing on macro and micro data. The pandemic and related containment measures had a large negative impact on employment, labor force participation, earnings, and labor market mobility, although policy support through furlough schemes partially mitigated the rise in unemployment. Our results indicate that industry effects were a crucial driver of labor market outcomes for different groups of employees — women, younger age groups, nonregular, self-employed, and low-income workers accounted for a disproportional share of employment in the hardest hit industries. We also find empirical evidence for the need to improve childcare and related support, training and upskilling offerings, and teleworking availability, and the role of skill mismatches in reducing labor market mobility and resource reallocation.
Book Synopsis Guilt, Gender, and Work-Life Balance in Japan: A Choice Experiment by : Ms.Chie Aoyagi
Download or read book Guilt, Gender, and Work-Life Balance in Japan: A Choice Experiment written by Ms.Chie Aoyagi and published by International Monetary Fund. This book was released on 2019-11-27 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The quantification of how aspects of a job are valued by employees sheds light on the potential for labor market reform in Japan. Using a nationwide sample of 1,046 working-age adults, we conduct a choice experiment that examines individuals’ willingness to trade wages against job characteristics such as the extent of overtime, job security, the possibility of work transfer and relocation. Our results suggest that: i) workers have high WTP (willingness to pay) to avoid extreme overtime and work transfer, ii) women have higher WTP than men, and iii) higher WTP for women are driven in part by feelings of guilt.
Book Synopsis An Empirical Analysis of Wage Flexibility and Employment Fluctuations in Japan by : Asao Mizuno
Download or read book An Empirical Analysis of Wage Flexibility and Employment Fluctuations in Japan written by Asao Mizuno and published by . This book was released on 1985 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Employment Stability in an Age of Flexibility by : Sandrine Cazes
Download or read book Employment Stability in an Age of Flexibility written by Sandrine Cazes and published by International Labour Organization. This book was released on 2003 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: While offering a comparison of employment stability and flexibility in 16 OECD countries, the book provides a detailed analysis on the type of labor market regulations needed to ensure a balance of employment flexibility and security.
Book Synopsis Flexibility in Japanese Labour Markets by : Organisation for Economic Co-operation and Development
Download or read book Flexibility in Japanese Labour Markets written by Organisation for Economic Co-operation and Development and published by . This book was released on 1989 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Japanese Labor Market in a Comparative Perspective with the United States by : Masanori Hashimoto
Download or read book The Japanese Labor Market in a Comparative Perspective with the United States written by Masanori Hashimoto and published by . This book was released on 1990 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents an economic analysis of certain aspects of the Japanese labour market.
