Capital and labour in Japan : the functions of two factor markets
Author(s)
Bibliographic Information
Capital and labour in Japan : the functions of two factor markets
(Routledge studies in the growth economies of Asia, 26)
Routledge, 2000
Available at 61 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references (p. [210]-220) and index
Description and Table of Contents
Description
Toshiaki Tachibanaki and Atsuhiro Taki emphasise several institutional features in Japan which differ from those in Euro-American countries: for example, the permanent employment and seniority system in wages and promotion, the dual structure, Keiretsu transactions, the main bank system, and intercorporate shareholding. This book examines in particular the distinction between long-run and short-run contractual relationships which produced such features. It presents both the positive and the negative evaluations of the factor market. Exploring the similarities and interdependencies between two important and idiosyncratic factor markets in Japan, this book brings data to hand which until now has only been available in specialist journals.
Table of Contents
1. Introduction 2. General features of the labour and capital markets, and Japanese business 3. An analysis of labour mobility 4. The effect of individual characteristics and of parametric and non-parametric approaches on job duration 5. Theory of wage determination and its empirical test 6. Shareholding and lending activity of financial institutions 7. Dispatched directors: an aspect of the Japanese Main Bank system 8. Intercorporate shareholding and volatility in stock prices 9. Capital adequacy constraint for banks and the real economy: a general equilibrium evaluation under intercorporate shareholding 10. Stability of the Japanese company system 11. Concluding remarks
by "Nielsen BookData"