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ESRI Discussion Paper Series No.169

Trends in Worker Displacement Penalties in Japan: 1991-2002

October, 2006
 
Michael Bognanno
(Associate Professor of Economics, Temple University - Department of Economics)


Ryo Kambayashi
(Associate Professor, Institute of Economic Research, Hitotsubashi University)
(Abstract)

We examine the period from 1991 to 2002 to document the effects of a changing Japanese labor market on trends in the cost of job change. Evidence is also found of a diminishing specificity in human capital (in firm-size and industry) for job changers in the Japanese labor market.


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Abstract
1 Introduction---------------------------------------------------- 3
2 Employment Trend Survey Microdata: 1991-2002------------- 7
3 Factors Influencing Job Change Costs: Empirical Estimates----- 10
4 Conclusion ---------------------------------------------------- 13
5 References----------------------------------------------------- 15

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