The effects of implicit contracts on wages: Evidence from the Japanese labor market
This paper tests whether wages in Japan’s labor market are determined by current or past labor market conditions. The empirical results are consistent with a model suggesting that labor market mobility may be limited and costly in Japan for men.
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- Hausman, Jerry A. & Taylor, William E., 1981.
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- Paul J. Devereux & Robert A. Hart, 2005. "The spot market matters : evidence on implicit contracts from Britain," Open Access publications 10197/741, School of Economics, University College Dublin.
- Darren Grant, 2003. "The Effect of Implicit Contracts on the Movement of Wages over the Business Cycle: Evidence from the National Longitudinal Surveys," ILR Review, Cornell University, ILR School, vol. 56(3), pages 393-408, April.
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- Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-1284, December.
- James Ted McDonald & Christopher Worswick, 1999.
"Wages, Implicit Contracts, and the Business Cycle: Evidence from Canadian Micro Data,"
Journal of Political Economy,
University of Chicago Press, vol. 107(4), pages 884-913, August.
- McDonald, J.T. & Worswick, C., 1997. "Wages, Implicit Contracts and the Business Cycle: Evidence from Canadian Micro Data," Department of Economics - Working Papers Series 588, The University of Melbourne.
- Beaudry, Paul & DiNardo, John, 1991. "The Effect of Implicit Contracts on the Movement of Wages over the Business Cycle: Evidence from Micro Data," Journal of Political Economy, University of Chicago Press, vol. 99(4), pages 665-688, August.
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