Monetary and Economic Studies Vol.19, No. S-1 / February 2001

Structural Issues in the Japanese Labor Market: An Era of Variety, Equity, and Efficiency or an Era of Bipolarization?

Hiroshi Fujiki, Sachiko Kuroda Nakada, Toshiaki Tachibanaki

This paper describes several structural changes in the Japanese labor market and related institutional factors with special emphasis on the labor supplies of part-time workers and discouraged workers. We also discuss necessary reforms in the labor market and some implications of such structural changes on the conduct of monetary policy.

Keywords: Part-time worker; Discouraged worker; Japanese employment system; Unemployment

Views expressed in the paper are those of the authors and do not necessarily reflect those of the Bank of Japan or Institute for Monetary and Economic Studies.

Copyright © 2001 Bank of Japan All Rights Reserved.

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