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The Changing Japanese Labor Market
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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 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 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 2013-09-18 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 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 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 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.
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 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 Trade and the Labor Market by : Kojiro Sakurai
Download or read book Trade and the Labor Market written by Kojiro Sakurai and published by Springer. This book was released on 2017-09-04 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an integrated overview and evidence, taking Japan as an example, on how international trade, especially with developing countries, affects labor market in developed countries, which has been keenly debated among international and labor economists since the late 1980s. The unique point of this book is that it integrates international trade and labor market into the same framework. The analysis includes both theory and empirical study. It especially pays attention to wage inequality between skilled and unskilled labor represented by nonproduction and production workers, and college graduates and high-school graduates. The estimation method used is to analyze input-output tables containing 55 manufacturing industries during the period 1995-2005, and to measure factor content of trade using these tables. Main results are as follows: First, both relative wage and relative employment of nonproduction to production workers, and college graduates to high-school graduates increased as a trend since the 1980s, suggesting a relative demand shift toward skilled labor. Second, analysis using input-output tables revealed that employment reduction due to increased imports is greater in production workers than in nonproduction workers, and that employment increase due to increased exports is greater in nonproduction workers than in production workers, suggesting the comparative advantage being at work in line with the Heckscher-Ohlin-Samuelson model. Third, analysis using factor content of trade revealed that increased trade during 1995-2005 especially with Asian countries raised the relative wage of nonproduction to production workers in the aggregated manufacturing sector by 0.023 points (1.400 to 1.422), or by 1.6 percent in terms of rate of change. This estimation result suggests that increased trade in this period played a certain role in widening wage inequality between nonproduction to production workers. These results contribute to a deeper understanding of the effect of globalization on labor market in the field of economics.
Book Synopsis Changes in Japan's Labor Market Flows Due to the Lost Decade by : Julen Esteban-Pretel
Download or read book Changes in Japan's Labor Market Flows Due to the Lost Decade written by Julen Esteban-Pretel and published by . This book was released on 2011 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Transformation of Japanese Employment Relations by : J. Imai
Download or read book The Transformation of Japanese Employment Relations written by J. Imai and published by Springer. This book was released on 2010-12-14 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book systematically evaluates the impacts of deregulatory reforms on employment relations in Japan especially focusing on the core white collar workers. Concentrating on changes in three aspects of employment relations; contracts, employee mobility and worker effort, it examines the process of social negotiation and its results.
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 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 Recent Changes in Japan's Labor Market and Their Impact by :
Download or read book Recent Changes in Japan's Labor Market and Their Impact written by and published by . This book was released on 1991 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
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 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.
