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| Author: | Hart, R. Kawasaki, S. |
| Title: | The Japanese bonus system and human capital |
| Journal: | Journal of the Japanese and International Economies
1995 : SEP, VOL. 9:3, p. 225-244 |
| Index terms: | JAPAN BONUS SYSTEMS HUMAN CAPITAL |
| Language: | eng |
| Abstract: | This study finds empirical support for the view that the Japanese bonus system represents, to a significant extent, returns to job-specific tenure. The bonus also appears to play a significantly different role from regular wage payments. An attempt is made to overcome some of the difficulties in using the annual cross section data of the Basic Survey of Wage Structure, an important data source of earlier studies. |
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