Job Security and Work Force adjustment: How Different are U.S. and Japanese Practices?
This paper compares employment and hours adjustment in Japanese and U.S. manufacturing. In contrast to some previous work, we find that adjustment of total labor input to demand changes is significantly greater in the United States than in Japan; adjustment of employment is significantly greater in the United States, while that of average hours is about the same in the two countries. Although workers in Japan enjoy greater employment stability than do U.S. workers, we find considerable variability in the adjustment patterns across groups within each country. In the United States, most of the adjustment is borne by production workers. In Japan, female workers, in particular, bear a disproportionate share of adjustment.
(This abstract was borrowed from another version of this item.)
|Date of creation:|
|Date of revision:|
|Note:||Appears in Journal of the Japanese and Internatinoal Economies 3(4): 500-521|
|Contact details of provider:|| Postal: 300 S. Westnedge Ave. Kalamazoo, MI 49007 USA|
Web page: http://www.upjohn.org
More information through EDIRC
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.:
- Hall, Robert E, 1982.
"The Importance of Lifetime Jobs in the U.S. Economy,"
American Economic Review,
American Economic Association, vol. 72(4), pages 716-24, September.
- Robert E. Hall, 1980. "The Importance of Lifetime Jobs in the U.S. Economy," NBER Working Papers 0560, National Bureau of Economic Research, Inc.
- Richard B. Freeman & Martin L. Weitzman, 1986.
"Bonuses and Employment in Japan,"
NBER Working Papers
1878, National Bureau of Economic Research, Inc.
- Freeman, Richard B. & Weitzman, Martin L., 1987. "Bonuses and employment in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 1(2), pages 168-194, June.
- Katharine G. Abraham & James L. Medoff, 1984. "Length of Service and Layoffs in Union and Nonunion Work Groups," ILR Review, Cornell University, ILR School, vol. 38(1), pages 87-97, October.
When requesting a correction, please mention this item's handle: RePEc:upj:weupjo:kgasnh1989. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.