The Japanese labor market has gone through rapid changes represented by the declining significance of Japanese employment practices and shrinking employment in the manufacturing sector. Notwithstanding its importance, the driving factors for the observed changes, their welfare implications, and desirable policy responses have not been fully discussed yet. This project aims at finding explanations for the changes, offering a future perspective, and deriving policy implications from three different angles: structural changes, changes caused by temporary macroeconomic shocks, and regional employment.
May 21, 2013 - May 31, 2015
Major Research Results
RIETI Discussion Papers
"The Effect of Exchange Rate Fluctuations on Employment in a Segmented Labor Market" (YOKOYAMA Izumi, HIGA Kazuhito and KAWAGUCHI Daiji)
"The Effects of Minimum Wages on Training" (HARA Hiromi)
"The Effects of Graduating from College during a Recession on Consumption and Asset Holding" (KAWAGUCHI Daiji and KONDO Ayako)