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Some evidence on the cohort earnings differentials of men in Japan

机译：关于日本男性同龄人收入差异的一些证据

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This study analyses the cohort earnings differentials of full-time working men in Japan using large micro data on individuals. Log earnings differentials between two cohorts of the same age calculated from 2012 and 2017 surveys reveal a substantial earnings decline for university graduates around age 43 and senior high school graduates around age 38 in 2017. These cohorts experienced a severe deterioration of job opportunities after the bubble burst. The Blinder-Oaxaca decomposition shows that the composition effect dominates the wage structure effect. In particular, a shortened length of tenure and a decline in the share of those working in a large firm are the main causes of the earnings gap for senior high school graduates and for university graduates, respectively. While an increase in the proportion of those working in the service sector and a reduced share of regular workers are also important determinants for the earnings differentials for high school graduates, deteriorated opportunities for promotion to supervisory positions play an important role for university graduates. Extending this analysis to a longer time period and estimating the cohort earnings differential equation clarify that the observed stability of cohort earnings differentials for university graduates emerge not only from the importance of firm size differentials in determining their earning differentials, but also from the high stability of firm size differentials between cohorts for university graduates.
机译：这项研究使用有关个人的大量微观数据，分析了日本全职工作的男性同龄人的收入差异。从2012年和2017年的调查得出的两个相同年龄组的对数收入差异显示，2017年43岁左右的大学毕业生和38岁左右的高中毕业生的收入大幅下降。这些群体经历了泡沫之后的工作机会严重恶化爆。 Blinder-Oaxaca分解表明，构成效应主导工资结构效应。特别是，任期缩短和在大公司工作的人员所占比例的下降分别是造成高中毕业生和大学毕业生收入差距的主要原因。虽然服务业从业人员比例的增加和正规工人比例的降低也是决定高中毕业生收入差异的重要因素，但晋升为主管职位的机会减少对大学毕业生却起着重要作用。将此分析扩展到更长的时间段并估算同类人群收入差异方程式，可以清楚地表明，大学毕业生的同类人群收入差异的稳定性不仅来自于公司规模差异在确定其收入差异中的重要性，而且还源于公司的高稳定性。大学毕业生之间的企业规模差异。

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