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Transitions From Career Jobs to Retirement in Japan
Author(s) -
Clark Robert L.,
Ogawa Naohiro
Publication year - 1997
Publication title -
industrial relations: a journal of economy and society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.61
H-Index - 57
eISSN - 1468-232X
pISSN - 0019-8676
DOI - 10.1111/0019-8676.511997014
Subject(s) - subsidiary , labour economics , demographic economics , developed country , business , retirement age , economics , sociology , demography , finance , pension , population , multinational corporation
Most Japanese workers are required to retire from their career firm by age 60. Yet the labor force participation rate of older men in Japan is the highest among industrialized countries, and most Japanese express a strong desire to continue working past age 60. One explanation for this paradox is that many firms reemploy their own retirees or provide them with assistance in finding new jobs with their subsidiaries or client firms.