Employment tenure, job expectancy, and earnings profile in Japan
The purpose of this study is to examine the relationships between employment tenure and earnings profile in Japan. Since the Japanese labour market has recently experienced substantial changes, it is natural for the Japanese employment and compensation system to be influenced by such changes. In this study, the changes that have happened to the Japanese employment and compensation system in recent years have been considered empirically by focusing on the relationships between employment tenure and earnings profiles. To do this, a forward-looking variable called 'expected job tenure (or job expectancy)' is introduced and the effects of it on earnings profile.
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