The Effect of Implicit Contracts on the Wages: Evidence from Japanese Labor Market

Koyo Miyoshi

No 2008-038, Keio/Kyoto Joint Global COE Discussion Paper Series from Keio/Kyoto Joint Global COE Program

Abstract: This paper tests whether wages in Japanese Labor market are determined by current labor market condition or by past labor market conditions. following Beaudry and DiNardo (1991) which analyze U.S males. In contrast to previous findings for Canada and the U.S., implicit contract models with costless mobility are rejected for the Japanese labor market. Implicit contract models with costly mobility describe the Japanese labor market better than models with costless mobility and spot market models.

Pages: 13 pages
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ies.keio.ac.jp/old_project/old/gcoe-econbus/pdf/dp/DP2008-038.pdf (application/pdf)

Related works:
Journal Article: The effects of implicit contracts on wages: Evidence from the Japanese labor market (2012)
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:kei:dpaper:2008-038

Access Statistics for this paper

More papers in Keio/Kyoto Joint Global COE Discussion Paper Series from Keio/Kyoto Joint Global COE Program Contact information at EDIRC.
Bibliographic data for series maintained by Global COE Program Office ().