Report Cover
Headline
In addition to the absence of hikes in base pay since the late 1990s, firms also started cutting seniority hikes in the late 1980s, i.e. even during the prosperous bubble era.
Abstract
There is a lot of crowing in the Japanese press about wages rising in Japan because Toyota Motor Co. and some other big firms offered the biggest wage hikes in years, partly due to pressure from the Abe administration.
About Richard Katz
Richard Katz is Senior Fellow at the Carnegie Council for Ethics In International Affairs, the New York correspondent for Weekly Toyo Keizai, a leading Japanese business magazine, and formerly the editor of The Oriental Economist Report, a monthly newsletter on Japan.
Mr. Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.
Mr. Katz is the author of two books on Japan's economic travails and has just finished a third book on reviving entrepreeurship in Japan.
Recent Reports
- The Oriental Economist Report - April 2017 on April 10, 2017
- The Oriental Economist Report - March 2017 on March 07, 2017
- The Oriental Economist Report - January 2017 on January 06, 2017
Recent Posts
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on January 16, 2023
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on December 08, 2022
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on November 21, 2022
