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The heterogeneity of employment adjustment across Japanese firms. A study using panel data

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Disciplines
  • Economics

Abstract

Microsoft Word - CHSL_covor2003_eng.doc 15 September 2003 N°2003-10 The Heterogeneity of Employment Adjustment Across Japanese Firms. A Study Using Panel Data1. Christophe HURLIN, Sébastien LECHEVALIER Christophe HURLIN Université d’Orléans, CEPREMAP 142, rue du Chevaleret 75013 Paris [email protected] Sébastien LECHEVALIER EHESS, CEPREMAP 142, rue du Chevaleret 75013 Paris [email protected] Internet : Consulter le Web : http://www.cepremap.cnrs.fr 1 We are sincerely grateful to professors Uni Hiroyuki (Kyoto University), Suzuki Hiromasa (Waseda University) and Hirota Isao (Tokyo University) for providing us the access to the NEEDS-FQ database. We also wish to thank Michel Juillard and Yvan Guichaoua for helpful comments. As far as the second author is concerned, financing support by French Ministry of Foreign Affairs (Lavoisier Funding program) and by the Japanese Institute of Labour is greatly acknowledged. All the data and programs used in this article are available on the website http://www.cepremap.cnrs.fr. iii The Heterogeneity of Employment Adjustment Across Japanese Firms. A Study Using Panel Data. Christophe HURLIN, Sébastien LECHEVALIER Abstract Since the beginning of the 1990s, there has been a sharp debate in Japan on the end of lifetime employment. On one side, case studies show the intensity of restructuring and downsizing. On the other side, most of the studies on the employment adjustment at a macro level conclude to the absence of change. This article contributes to this debate, using an original micro database. The first specificity of this paper is to focus on the electrical machinery sector in a panel framework. The current restructuring in this sector is indeed often analyzed as the sign of the changing employment adjustmen

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