Wage curve in dual labor markets: cross-sectional evidence from Japan

Kazuyuki Inagaki

Economics and Business Letters, 2015, vol. 4, issue 2, 51-56

Abstract: We find that the wage-unemployment relationship in Japan depends on the degree of labor market duality. The unemployment elasticity of wages is negative for the group with a lower degree of duality and, therefore, the Japanese wage curve holds for that group. However, the unemployment elasticity of wages is positive for the group with a higher degree of duality. This result is also valid as explained by the theory of compensating differentials. Therefore, the existence of dual labor market can affect the wage-unemployment relationship in developed countries such as Japan.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://reunido.uniovi.es/index.php/EBL/article/view/10591 (text/html)

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: https://EconPapers.repec.org/RePEc:ove:journl:aid:10591

Access Statistics for this article

Economics and Business Letters is currently edited by Francisco J. Delgado

More articles in Economics and Business Letters from Oviedo University Press Contact information at EDIRC.
Bibliographic data for series maintained by Francisco J. Delgado ().