The Age-Wage Profile and Structural Change in the Japanese Labor Market for Males, 1964-1982

Carl Mosk () and Yoshi-Fumi Nakata

Journal of Human Resources, 1985, vol. 20, issue 1, 100-116

Abstract: The focus of this paper is on the impact of demographic change and the catching-up of Japanese industry with the West technologically upon the age-wage profile in Japan over the period 1964-1982. We argue that changes on the supply side of the aggregate labor market, especially the aging of the Japanese labor force, have had a profound influence on determining the relative wages of senior to junior workers. But we also argue that structural shift on the demand side, especially that associated with the slowing down of output growth as Japan caught up with Western economies, was important in determining the age-wage profile. Finally we offer a variety of statistical findings consistent with our thesis, including new evidence on the dualistic structure of the Japanese labor market.

Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:20:y:1985:i:1:p:100-116

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