The Changing Japanese Labor Market


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


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.--




Ageing and the Labor Market in Japan


Book Description

This book is a concerted attempt by economists to investigate and offer remedies for some of the difficulties associated with an ageing labor market.




Gender and the Labor Market


Book Description

This book covers deep researches from different perspectives & disciplines upon women in labour markets. In this book, different and rigorous analyses of all areas influenced by gender researches were made in order to be one of the new reliable sources about the women studies in labour markets with various dimensions.




Health and Safety Needs of Older Workers


Book Description

Mirroring a worldwide phenomenon in industrialized nations, the U.S. is experiencing a change in its demographic structure known as population aging. Concern about the aging population tends to focus on the adequacy of Medicare and Social Security, retirement of older Americans, and the need to identify policies, programs, and strategies that address the health and safety needs of older workers. Older workers differ from their younger counterparts in a variety of physical, psychological, and social factors. Evaluating the extent, causes, and effects of these factors and improving the research and data systems necessary to address the health and safety needs of older workers may significantly impact both their ability to remain in the workforce and their well being in retirement. Health and Safety Needs of Older Workers provides an image of what is currently known about the health and safety needs of older workers and the research needed to encourage social polices that guarantee older workers a meaningful share of the nation's work opportunities.




Japan's New Inequality


Book Description

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 non-regular system of casual and short-term employment. The contributions in this volume - now available in paperback - 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?




Gender Inequalities in the Japanese Workplace and Employment


Book Description

The in-depth analyses presented in this book have a dual focus: (1) Social mechanisms through which the gender wage gap, gender inequality in the attainment of managerial positions, and gender segregation of occupations are generated in Japan; and (2) Assessments of the effects of firms’ gender-egalitarian personnel policies and work–life balance promotion policies on the gender wage gap and the firms’ productivity. In addition, this work reviews and discusses various economic and sociological theories of gender inequality and gender discrimination and considers their consistencies and inconsistencies with the results of the analysis of Japanese data. Furthermore, the book critically reviews and discusses the historical development of the Japanese employment system by juxtaposing rational and cultural explanations. This book is an English translation by the author of a book he first published in Japanese in 2017. The original Japanese-language edition received two major book awards in Japan. One was The Nikkei Economic Book Culture Award, which is given every year by the Nikkei Newspaper Company and the Japan Economic Research Center to a few best books on economy and society. The other was The Showa University’s Women’s Culture Research Award, which is bestowed annually on a single book of research that promotes gender equality. Kazuo Yamaguchi is the Ralph Lewis Professor of Sociology at the University of Chicago.




Is Labor Market Mismatch a Big Deal in Japan?


Book Description

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.




Nonstandard Work in Developed Economies


Book Description

Comprises a collection of papers which use an interdisciplinary and cross-country comparative framework to understand why nonstandard work has grown in so many countries and its implications for workers.




Foreign Help Wanted


Book Description

Data and anecdotal evidence suggest that Japan is suffering from labor shortages, which are large in an international perspective, have a negative impact on potential growth, and reduce the effectiveness of monetary and fiscal stimulus. This paper focuses on policy options to ease Japan’s labor shortages. In particular, we focus on possible measures to increase reliance on foreign labor. Other policy recommendations to deal with shortages include policies aimed at increasing female labor participation, encouraging wage growth, increasing investment, as well as training and other active labor market policies.