000 01723nam a22002177a 4500
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020 _a9789811071577
082 _a331.40952
_bKIT
100 _aKitagawa, Akiomi
_914498
245 _aThe changing Japanese labor market: theory and evidence
260 _bSpringer
_aSwitzerland
_c2018
300 _axi, 190 p.
365 _aEURO
_b114.99
520 _aAbout this book 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.
650 _aLabor economics
_916088
650 _aEconomic growth
_916089
700 _aOhta, Souichi
_916094
700 _aTeruyama, Hiroshi
_916095
942 _cBK
_2ddc
999 _c6255
_d6255