Der japanische Arbeitsmarkt, der traditionell durch eine starke interne Orientierung geprägt war, ist in den letzten Jahren mit starkem Anpassungsdruck konfrontiert worden. Wie in anderen Industrieländern lässt sich die Entwicklung durch Flexibilisierung und Deregulierung kennzeichnen. Da die...

This paper examines the historical origins of the bank-based financial systems in Germany and Japan and the market-based financial system in the US. It critically examines the "timing of industrialization" (TOI) thesis, i.e. the assertion that variation in the current structure of financial...

This paper poses three fundamental questions about lifetime employment in Japan: How big is it? How unique is it? And, how is it changing? I examine different concepts and methods for estimating lifetime employment and conclude that it covers roughly 20 percent of the Japanese labor force. Job...