Journal of Economic Policy Studies
Online ISSN : 2435-5836
Print ISSN : 1348-9232
Job Turnover and Job Match;
An Empirical Analysis of Job Mobility from the First Job
Kunie AKAGI, Kazufumi YUGAMI
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JOURNAL FREE ACCESS

2021 Volume 18 Issue 1 Pages 1-16

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Abstract

This paper examines the validity of Neal [1999]'s two-step job search model, in which workers first search for a suitable career match and then search for a good employer match without changing careers. The results of the empirical analysis using Japanese data show that even in Japan, where the labor market is less flexible, and the job market is underdeveloped, the "two-step job search" is generally established at an early stage of the career. This result suggests that even in Japan, workers choose the suitable job through changing jobs.

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© 2021 Japan Economic Policy Association
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