Titlebook: Internal Labour Markets, Incentives and Employment; Isao Ohashi (Professor of Economics),Toshiaki Tach Book 1998 Palgrave Macmillan, a div

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eir interaction with external labour markets, comparing those of the Japanese and Western styles. The differing mechanisms of internal labour markets are examined by a strong range of international contributors from Japan, North America and Europe.978-0-230-37797-4

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Is Japan’s Long-Term Employment System Changing?ke people feel uneasy about the future course of the Japanese economy. Furthermore, the babyboomers who have reached the middle age, especially their heavy labour costs, have made many Japanese firms experience a difficult future.

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Intra-Firm Mobility, Wages and Promotion in the Japanese Employment Systemcould work effectively in bringing them about. Economists’ standpoints on this controversy depend critically on the way they interpret Japanese industrial relations. This chapter will attempt to provide an explanation of how the Japanese employment system functions to promote workers’ incentives, focusing on intra-firm transfers.

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Fighting for Turf in an Internal Labour Market; McLaughlin, 1991) argue that unwillingness to trade should be seen as direct evidence that gains from trade are absent. The issue also arises in the right to manage-efficient contracts debate (e.g. Oswald, 1993), and in the difficulty economic theory has in accounting for thework stoppages and oth

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Hiring Risky Workerscertainty at the time of hire. Indeed, precise information on worker quality may never be available. Firms must make employment decisions under uncertainty. But uncertainty, generally regarded negatively, has a positive feature: if an employer cannot assess precisely a worker’s productivity, there i

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