The Age-Wage Profile and Structural Change in the Japanese Labor Market for Males, 1964-1982
分析1964-1982年间日本男性劳动力年龄工资曲线的变化,认为劳动力供给老龄化与需求侧结构转变(如技术追赶导致增长放缓)共同决定了年长与年轻工人的相对工资,并提供统计证据支持。
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.