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: |
Web page: http://www.upjohn.org
More information through EDIRC
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.