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ERIC Number: EJ874088
Record Type: Journal
Publication Date: 2010
Pages: 40
Abstractor: As Provided
Reference Count: 27
ISBN: N/A
ISSN: ISSN-0022-166X
Long-Term Effects of a Recession at Labor Market Entry in Japan and the United States
Genda, Yuji; Kondo, Ayako; Ohta, Souichi
Journal of Human Resources, v45 n1 p157-196 Win 2010
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. (Contains 31 footnotes, 15 tables, and 3 figures.)
University of Wisconsin Press. 1930 Monroe Street, Madison, WI 53711-2059. Tel: 608-263-0668; Fax: 608-263-1173; e-mail: journals@uwpress.wisc.edu; Web site: http://www.wisc.edu/wisconsinpress/journals
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Japan; United States