Structural Issues in the Japanese Labor Market: An Era of Variety, Equity, and Efficiency or an Era of Bipolarization?
Hiroshi Fujiki,
Nakada, Sachiko-Kuroda and
Toshiaki Tachibanaki Additional contact information Nakada, Sachiko-Kuroda: Bank of Japan
Toshiaki Tachibanaki: Kyoto U
Abstract:
This paper describes several structural changes in the Japanese labor market and related institutional factors with special emphasis on the labor supplies of part-time workers and discouraged workers. We also discuss necessary reforms in the labor market and some implications of such structural changes on the conduct of monetary policy.