Changing Unchanged Inequality: Higher Education, Youth Population, and the Japanese Seniority Wage System
Wage inequality declined in the 1990s and rose after 2000 among full-time male workers in Japan. Narrowing wage inequality in the 1990s can be accounted for by a decline in between-group inequality resulting from a stable return to education and decreased returns to experience and tenure. Widening wage inequality after 2000 can be accounted for by a rise in within-group inequality resulting from a relative increase in educated and experienced workers, as well as changes in heterogeneous returns to human capital.
wage inequality, heterogeneous returns to human capital, composition effects, seniority wages
Economics | Labor Economics
Global COE Hi-Stat Discussion Paper
YAMADA, Ken and KAWAGUCHI, Daiji.
Changing Unchanged Inequality: Higher Education, Youth Population, and the Japanese Seniority Wage System. (2012). Global COE Hi-Stat Discussion Paper. 1-39. Research Collection School Of Economics.
Available at: http://ink.library.smu.edu.sg/soe_research/1504