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

Title

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

Year

1990

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.

Files

Download 1. Introduction (681 KB)

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.)

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.