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The Importance of Networks in the Market for University Graduates in Japan: A Longitudinal Analysis of Hiring Patterns

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  • Rebick, Marcus E

Abstract

This study examines the extent to which the transition from university education to work is characterized by persistent hiring flows between university faculties and firms, rather than being characterized by an open market process. Using a specially devised metric, I find that more than one-half of all hires may be attributed to persistence in hiring by firms from specific faculties with the remainder due to random hiring. There does not seem to be a major difference in the importance of screening between science and engineering and non-science faculties. In general, the importance of persistence increases as the difference in the quality of the faculty from which existing personnel in firms graduated, and the standard of faculties from which firms are hiring increases. This suggests that persistence exists to aid firms in screening students when they come from relatively low-standard faculties.

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Bibliographic Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1816.

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Date of creation: May 1998
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Handle: RePEc:cpr:ceprdp:1816

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Keywords: Education; graduates; Japan; job matching; Labour Market; Network;

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Cited by:
  1. Yamamura, Eiji, 2008. "The role of social capital in homogeneous society: Review of recent researches in Japan," MPRA Paper 11385, University Library of Munich, Germany.
  2. Daiji Kawaguchi & Hiroshi Ono, 2013. "Educational Credentialism and Elite Formation in Japan: A Long-term Perspective," Global COE Hi-Stat Discussion Paper Series gd12-297, Institute of Economic Research, Hitotsubashi University.
  3. Manuel F. Bagues & Mauro Sylos Labini, 2009. "Do Online Labor Market Intermediaries Matter? The Impact of AlmaLaurea on the University-to-Work Transition," NBER Chapters, in: Studies of Labor Market Intermediation, pages 127-154 National Bureau of Economic Research, Inc.
  4. Margolis, David N. & Simonnet, Véronique, 2003. "Educational Track, Networks and Labor Market Outcomes," IZA Discussion Papers 699, Institute for the Study of Labor (IZA).
  5. Manuel Bagues & Mauro Sylos Labini, 2005. "Do On-Line Labor Market Intermediaries Matter? The Impact of AlmaLaurea on the University-to-Work Transition," LEM Papers Series 2005/15, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  6. John Knight & Linda Yueh, 2008. "The role of social capital in the labour market in China," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 16(3), pages 389-414, 07.
  7. Dargnies, Marie-Pierre, 2011. "Social identity and competitiveness," Discussion Papers, Research Unit: Market Behavior SP II 2011-202, Social Science Research Center Berlin (WZB).
  8. Claire Bonnard, 2012. "The Access of the Young Graduates in Sciences into R&D Profession: A Switching Model Treatment for the French Case," LABOUR, CEIS, vol. 26(1), pages 46-65, 03.

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