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characteristics of the Japanese labor market. We show that the model, calibrated for Japan, replicates the life-cycle properties of … the unemployment and finding rates similar in magnitude to those observed in Japan since the 1980s. …
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from 2000 to 2003, a period of economic stagnation and structural change in Japan. We find that displaced workers suffer a … scheme in large firms. -- job displacement cost ; Japan …
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We examine the period from 1991 to 2005 to document the effects of a changing Japanese labor market on trends in the cost of job change. During this period, job change penalties and the extent to which they were age-related grew. Evidence is also found of a diminishing specificity in human...
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from 2000 to 2003, a period of economic stagnation and structural change in Japan. We find that displaced workers suffer a …
Persistent link: https://www.econbiz.de/10013318418