Year

1990

DOI

10.17848/9780880995795

Abstract

This study offers a comparative analysis of a number of Japanese labor market features in relation to the U.S. The author examines employer-employee attachment, workforce adjustment, and industrial relations including "unique" Japanese institutions such as joint consultation and consensus-based decision making. Hashimoto argues that cultural-traditional influences, which shape the transaction-cost environment, interacted with technological progress in shaping the various uniquely-Japanese labor market features.

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Contents

  1. Introduction
  2. A Theory of Investments in the Employment Relationship
  3. Macroeconomic and Institutional Conditions
  4. Evidence Bearing on the Theory?s Implications
  5. Summary and Policy Discussions

ISBN

9780880991049 (pbk.) ; 9780880995795 (ebook)

Subject Areas

INTERNATIONAL ISSUES; International labor comparisons

The Japanese Labor Market in a Comparative Perspective with the United States: A Transaction-Cost Interpretation

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Citation

Hashimoto, Masanori. 1990. The Japanese Labor Market in a Comparative Perspective with the United States: A Transaction-Cost Interpretation. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/9780880995795

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