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Wage determination and distribution in Japan

Author: Toshiaki Tachibanaki
Publisher: Oxford ; New York : Clarendon Press, 1996.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
In this book, Professor Tachibanaki investigates the empirical and theoretical issues of wage determination and wage differentials in Japan since the War, concentrating on recent developments. He also examines the relationship between the role of wages and such features of the labour market as employment and unemployment. Japan's institutional singularities - including what the OECD called the 'Three Sacred
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Details

Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Toshiaki Tachibanaki
ISBN: 0198288654 9780198288657
OCLC Number: 33132884
Description: vi, 280 pages ; 22 cm
Contents: 1. Introduction --
2. Theoretical and Empirical Overview of Wage Determination --
3. How Have Wage Differentials Changed? --
4. The Employer Size Effect on Wage Differentials --
5. Wage Differentials by Industry and Labour Market --
6. Education, Occupation, and Earnings --
7. The Importance of Education, Occupation, and Hierarchy in Organizations and in Earnings Differentials --
8. A Theoretical and Empirical Model of Wage Determination --
9. The Effect of Discrimination and of Industry Segmentation on Wage Differentials --
10. Earnings Distribution and Inequality Over Time: Education versus Relative Position and Cohort --
11. Labour Market Flexibility and Wage Determination --
12. Conclusions.
Responsibility: Toshiaki Tachibanaki.
More information:

Abstract:

In this book, Professor Tachibanaki investigates the empirical and theoretical issues of wage determination and wage differentials in Japan since the War, concentrating on recent developments. He also examines the relationship between the role of wages and such features of the labour market as employment and unemployment. Japan's institutional singularities - including what the OECD called the 'Three Sacred Treasures of the Imperial Houses': nenko-joretsu (seniority system), lifelong employment, and enterprise unionism - are investigated on both efficiency and equity grounds.

The Japanese authorities collect a great variety of macroeconomic data, including data relating to the labour market which is categorized according to a large number of demographic variables and firm characteristics. Professor Tachibanaki reports and analyses the data that is publicly available, including the Ministry of Labour's annual Wage Structure Survey of over one million employees, enriching it with his own research observations. An introduction to the main characteristics of the labour market, industrial relations systems, and wages in Japan, explaining the degree of difference from Europe and the USA, establishes a framework for labour economists relatively new to the study of Japan. Detailed explanations of wage determination according to sex, age, education, experience, occupation, size of firm, and performance take the reader beyond stylized assumptions about average behaviour in Japan.

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