Economics at your fingertips  

Occupational licenses and labor market outcomes in Japan

Masayuki Morikawa

Japan and the World Economy, 2018, vol. 48, issue C, 45-56

Abstract: This study, using original survey data, documents the relationship between occupational licenses and labor market outcomes in Japan. The novelty of this study is that it distinguishes between the possession and actual use of occupational credentials, as well as between stringent licenses and lenient certifications. Occupational licenses and certifications have a large presence in the Japanese labor market. The possession of occupational credentials, particularly licenses, has positive associations with the labor market attachment and wages of individuals. On the other hand, the occupational licensing system might negatively affect market efficiency through the creation of monopoly rents.

Keywords: Occupational credential; License; Certification; Wage premium; Service sector (search for similar items in EconPapers)
JEL-codes: J31 J44 L51 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Japan and the World Economy is currently edited by Robert Dekle and Yasushi Hamao

More articles in Japan and the World Economy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-04-24
Handle: RePEc:eee:japwor:v:48:y:2018:i:c:p:45-56