This is Michael Smitka's Typepad Profile.
Join Typepad and start following Michael Smitka's activity
Join Now!
Already a member? Sign In
Michael Smitka
Recent Activity
I began tracking age-specific participation about a decade ago, checking whether (my hypothesis) early retirements were a major component. That turned out not to be the case – age 55-59 showed little change, and 60-64 actually rose more or less monotonically from 1994, when the series I use start. Ditto the 65-69 and 70-74 brackets and (very noisy) 75+. At the opposite end, participation age 20-24 dropped a lot, and reflecting a longer trend, teen LF participation went from 40-45% in 2000 to 25% in 2010. I look forward to a future blog that puts the prime age bracket into wider context - I don't focus on such labor issues in my research so don't know the wider literature. But thanks for this post!
Toggle Commented May 8, 2019 on Improving Labor Force Participation at macroblog
In Japan corporate hiring, at least at the "better" universities, is started before if not completed by the end of the 3rd year. It's well along before students have had much time to generate a university course track record, and then with job in hand the incentive to do much studying is low. But universities depend very much on tuition to pay current costs, hence the first two years are dominated by large lecture classes with up to 1,000 students. There are no teaching assistants and the last time I asked no "Scantrons" or other tools for automated grading. Faculty can't ask for much because they have no capacity to grade much. So signaling is core, and hinges very much on which college you are attending. Furthermore, multiple choice exams play a major role (and sometimes are the only criterion) for entry to college. There is thus a lot of competition to get into the high schools that have a good track record in getting students into elite colleges (ranks are widely published), and a large market for after-school test preparation courses. Now my sense is that at lower-tier universities students can "exceed expectations" (on the job market) through performance, reflected in letters from their core professor. The bottom line remains that the signaling story is strong: how hard can you make yourself work on a consistent basis? There is a bit of screening on the basis of participation in sports teams and so on, looking for social skills, another attribute acquired at least in part in college, but since that's well known, the truly ambitious can game that aspect. One mea culpa: my last extended stay at a Japanese university was in 2006-7, but I do read Japanese newspapers and books on a daily basis, so trust that I'd be aware of any major changes. One research challenge: how do people learn to be engineers? doctors? other technical skills? [There's lots on management-track individuals and bureaucratic careers, albeit with a bias towards studies of the financial sector. And I know enough musicians and artists to know that their training is quite different, very much hands-on.] Finally, to what extent does this apply to Korea? China?
1 reply
Michael Smitka is now following The Typepad Team
Aug 26, 2010