Economics Webinar - Revisiting the Scarring Effect of a Recession at Entry to the Labor Market in Japan

3:00pm - 4:30pm
Zoom Meeting ID: 968 790 9998 (password 2346565 )

The existence of the scarring effect of a recession at entry is widely recognized in Japan. However, it has not been examined whether the prolonged recession in 1993-2004, which is called job market “ice-age,” has changed such effects. I estimate the scarring effects in Japan following the methods proposed by Genda et al (2010) and Rothestein (2021) using data covering younger cohorts than Genda et al (2010). My estimates show that the scarring effects are no longer statistically significant for cohorts who enter the labor market after 1993.

Event Format
Speakers / Performers:
Prof. Ayako Kondon
The University of Tokyo

https://www.iza.org/person/21524/ayako-kondo

Language
English
Recommended For
Alumni
Faculty and staff
PG students
Organizer
Department of Economics
Contact

Julie Wong by email: fnjuwong@ust.hk

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