Introduction

Isao Ohashi and Toshiaki Tachibanaki

Chapter 1 in Internal Labour Markets, Incentives and Employment, 1998, pp 1-15 from Palgrave Macmillan

Abstract: Abstract The economic performance of a national economy, as shown by indicators such as the rate of unemployment and inflation, is heavily dependent on the operation of its external and internal labour-markets. In this book, we mainly focus on the functions of internal labour markets and their interaction with external labour markets starting from the standpoint that internal labour markets play a key role in determining the economic performance of a national economy. Our standpoint can be easily justified by observing that competitiveness in international product markets is basically determined by how effectively firms manage their internal labour markets, and by the fact that the labour problems of the external labour market such as unemployment depend on how internal labour markets adjust their employment.

Keywords: Japanese Firm; Late Selection; Wage Determination; Wage Dispersion; Internal Labour Market (search for similar items in EconPapers)
Date: 1998
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DOI: 10.1057/9780230377974_1

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