Title

Login

Join

Book's by Akiomi Kitagawa

Covers

List

The Changing Japanese Labor Market

Theory and Evidence

By: Akiomi Kitagawa,Souichi Ohta,Hiroshi Teruyama

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Changing Japanese Labor Market

Theory and Evidence

By: Akiomi Kitagawa,Souichi Ohta,Hiroshi Teruyama

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.

Average ratings

N/A

5

0%

4

0%

3

0%

2

0%

1

0%

Solve jigsaw puzzle

Age

Page Count

196

Publisher

Springer

Published Date

ISBN 10

9811071586

ISBN 13

9789811071584

The Changing Japanese Labor Market

Theory and Evidence

By: Akiomi Kitagawa,Souichi Ohta,Hiroshi Teruyama

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Changing Japanese Labor Market

Theory and Evidence

By: Akiomi Kitagawa,Souichi Ohta,Hiroshi Teruyama

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.

Average ratings

N/A

5

0%

4

0%

3

0%

2

0%

1

0%

Solve jigsaw puzzle

Age

Page Count

196

Publisher

Springer

Published Date

ISBN 10

9811071586

ISBN 13

9789811071584