"Evaluation and Formation of Human Capital in Prewar Japan: The Case of White-Collar Workers in Mitsubishi Zaibatsu"
After WWI, the Japanese economy experienced a structural change characterized by the emergence of large firms and increased numbers of white-collar workers. This paper explores how the human capital of white-collar workers was formed, using micro personnel data from Mitsubishi zaibatsu (business group). Applying the Mincer equation, we investigated the difference in wage structures for clerks and engineers. That is, while returns on formal education and work experience outside the firm and tenure in the firm were equivalent for engineers, for clerks, return on tenure was significantly higher than returns on formal education and work experience outside the firm.
Year of publication: |
2011-03
|
---|---|
Authors: | Okazaki, Tetsuji |
Institutions: | Center for International Research on the Japanese Economy (CIRJE), Faculty of Economics |
Saved in:
freely available
Saved in favorites
Similar items by person
-
"Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry"
Braguinsky, Serguey, (2014)
-
"Supplier Networks and Aircraft Production in Wartime Japan"
Okazaki, Tetsuji, (2010)
-
"Development and Management of Manchurian Economy under the Japan Empire"
Okazaki, Tetsuji, (2013)
- More ...