Long-term effects of a recession at labor market entry in japan and the United States

Yuji Genda, Ayako Kondo, Souichi Ohta

研究成果: Article査読

112 被引用数 (Scopus)

抄録

We examine effects of entering the labor market during a recession on subsequent employment and earnings for Japanese and American men, using comparable household labor force surveys. We find persistent negative effects of the unemployment rate at graduation for less-educated Japanese men, in contrast to temporary effects for less-educated American men. The school-based hiring system and the dismissal regulation prolong the initial loss of employment opportunities for less-educated Japanese men. The effect on earnings for more-educated groups is also stronger in Japan, although the difference between the two countries is smaller than for less-educated groups.

本文言語English
ページ(範囲)157-196
ページ数40
ジャーナルJournal of Human Resources
45
1
DOI
出版ステータスPublished - 2010

ASJC Scopus subject areas

  • 経済学、計量経済学
  • 戦略と経営
  • 組織的行動および人的資源管理
  • 技術マネージメントおよび技術革新管理

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