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Trends in Worker Displacement Penalties in Japan: 1991-2002

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  • BOGNANNO Michael
  • KAMBAYASHI Ryo

Abstract

We examine the period from 1991 to 2002 to document the effects of a changing Japanese labor market on trends in the cost of job change. Evidence is also found of a diminishing specificity in human capital (in firm-size and industry) for job changers in the Japanese labor market.

Suggested Citation

  • BOGNANNO Michael & KAMBAYASHI Ryo, 2006. "Trends in Worker Displacement Penalties in Japan: 1991-2002," ESRI Discussion paper series 169, Economic and Social Research Institute (ESRI).
  • Handle: RePEc:esj:esridp:169
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    File URL: http://www.esri.go.jp/jp/archive/e_dis/e_dis170/e_dis169.pdf
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    References listed on IDEAS

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    1. Hashimoto, Masanori & Raisian, John, 1985. "Employment Tenure and Earnings Profiles in Japan and the United States," American Economic Review, American Economic Association, vol. 75(4), pages 721-735, September.
    2. Rebick, Marcus, 2005. "The Japanese Employment System: Adapting to a New Economic Environment," OUP Catalogue, Oxford University Press, number 9780199247240.
    3. Neal, Derek, 1995. "Industry-Specific Human Capital: Evidence from Displaced Workers," Journal of Labor Economics, University of Chicago Press, vol. 13(4), pages 653-677, October.
    4. Parent, Daniel, 2000. "Industry-Specific Capital and the Wage Profile: Evidence from the National Longitudinal Survey of Youth and the Panel Study of Income Dynamics," Journal of Labor Economics, University of Chicago Press, vol. 18(2), pages 306-323, April.
    5. Michael Podgursky & Paul Swaim, 1987. "Job Displacement and Earnings Loss: Evidence from the Displaced Worker Survey," ILR Review, Cornell University, ILR School, vol. 41(1), pages 17-29, October.
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