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We study a repeated game model of an employment relationship in which the worker's outside option is endogenously determined by the strategic behavior of a second employer who also values the worker's services. We show that long-term employment relationships are much more difficult to sustain...
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"The book is a key reading which provides a comprehensive and systematic overview of the contemporary Asian economy. The book focuses on the structural changes that are rapidly transforming the regional economic landscape in the 21st century. It highlights the concomitant challenges that have...
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The purpose of this paper is to understand the transition that Japan must make to regain its global economic … information and communications technology (ICT) industry. Japan is the second largest ICT market in the world. And since ICT … services such as software development is labor intensive, under unfavorable demographic developments, Japan is likely to …
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