Extensive vs. Intensive Margin in Japan
AbstractThis paper studies the role of extensive and intensive margins of labor adjustment overbusiness cycle in Japan. We find that the intensive margin accounts for much of total hours worked variation, and its contribution to the fluctuation of total hours worked is about 77%. This result is in sharp contrast with those in the U.S. and European countries where the extensive margin mainly accounts for the overall variability in total hours worked. The implication of a recent rise in non-regular employment for firms' labor adjustment behavior is also discussed.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Research Institute, International University of Japan in its series Working Papers with number EMS_2012_14.
Length: 9 pages
Date of creation: Sep 2012
Date of revision:
Contact details of provider:
Postal: 777 Kokusai-cho, Minami Uonuma0-shi, Niigata 949-7277 JAPAN
Web page: http://www.iuj.ac.jp/research/
More information through EDIRC
intensive and extensive margins; labor adjustment; Japanese labor market;
Find related papers by JEL classification:
- C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-16 (All new papers)
- NEP-BEC-2012-09-16 (Business Economics)
- NEP-INT-2012-09-16 (International Trade)
- NEP-LAB-2012-09-16 (Labour Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Esteban-Pretel, Julen & Nakajima, Ryo & Tanaka, Ryuichi, 2011.
"Are contingent jobs dead ends or stepping stones to regular jobs? Evidence from a structural estimation,"
Elsevier, vol. 18(4), pages 513-526, August.
- Julen ESTEBAN-PRETEL & NAKAJIMA Ryo & TANAKA Ryuichi, 2009. "Are Contingent Jobs Dead Ends or Stepping Stones to Regular Jobs? Evidence from a Structural Estimation," Discussion papers 09002, Research Institute of Economy, Trade and Industry (RIETI).
- Hiroaki Miyamoto, 2009.
"Cyclical Behavior of Unemployment and Job Vacancies in Japan,"
EMS_2009_17, Research Institute, International University of Japan.
- Miyamoto, Hiroaki, 2011. "Cyclical behavior of unemployment and job vacancies in Japan," Japan and the World Economy, Elsevier, vol. 23(3), pages 214-225.
- Ching-Yang Lin & Hiroaki Miyamoto, 2010.
"Gross Worker Flows and Unemployment Dynamics in Japan,"
EMS_2010_07, Research Institute, International University of Japan.
- Lin, Ching-Yang & Miyamoto, Hiroaki, 2012. "Gross worker flows and unemployment dynamics in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 26(1), pages 44-61.
- Petrongolo, Barbara & Pissarides, Christopher, 2008.
"The Ins and Outs of European Unemployment,"
CEPR Discussion Papers
6681, C.E.P.R. Discussion Papers.
- Barbara Petrongolo & Christopher Pissarides, 2008. "The ins and outs of European unemployment," LSE Research Online Documents on Economics 3658, London School of Economics and Political Science, LSE Library.
- Petrongolo, Barbara & Pissarides, Christopher A., 2008. "The Ins and Outs of European Unemployment," IZA Discussion Papers 3315, Institute for the Study of Labor (IZA).
- Barbara Petrongolo & Christopher Pissarides, 2008. "The ins and outs of European unemployment," LSE Research Online Documents on Economics 3607, London School of Economics and Political Science, LSE Library.
- Barbara Petrongolo & Christopher A. Pissarides, 2008. "The Ins and Outs of European Unemployment," CEP Discussion Papers dp0853, Centre for Economic Performance, LSE.
- Lee E. Ohanian & Andrea Raffo, 2011.
"Aggregate Hours Worked in OECD Countries: New Measurement and Implications for Business Cycles,"
NBER Working Papers
17420, National Bureau of Economic Research, Inc.
- Ohanian, Lee E. & Raffo, Andrea, 2012. "Aggregate hours worked in OECD countries: New measurement and implications for business cycles," Journal of Monetary Economics, Elsevier, vol. 59(1), pages 40-56.
- Lee E. Ohanian & Andrea Raffo, 2011. "Aggregate hours worked in OECD countries: new measurement and implications for business cycles," International Finance Discussion Papers 1039, Board of Governors of the Federal Reserve System (U.S.).
- Rebick, Marcus, 2005. "The Japanese Employment System: Adapting to a New Economic Environment," OUP Catalogue, Oxford University Press, number 9780199247240.
- Shigeru Fujita & Garey Ramey, 2009.
"The Cyclicality Of Separation And Job Finding Rates,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(2), pages 415-430, 05.
- Shigeru Fujita & Garey Ramey, 2007. "The cyclicality of separation and job finding rates," Working Papers 07-19, Federal Reserve Bank of Philadelphia.
- Kato, Ryuta Ray & Miyamoto, Hiroaki, 2013.
"Fiscal stimulus and labor market dynamics in Japan,"
Journal of the Japanese and International Economies,
Elsevier, vol. 30(C), pages 33-58.
- Ryuta Ray Kato & Hiroaki Miyamoto, 2012. "Fiscal Stimulus and Labor Market Dynamics in Japan," Working Papers EMS_2012_19, Research Institute, International University of Japan.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kazumi Imai, Office of Academic Affairs).
If references are entirely missing, you can add them using this form.