- Pre-book only
The 154th meeting jointly organized with International Public Policy Seminar
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Date | 2023.7.21 Fri 13:30 - 15:00 |
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How to apply | Send an email to: yuri-kitabayashi@iss.u-tokyo.ac.jp (KITABAYASHI, Institute of Social Science, The University of Tokyo) |
Contact | KITABAYASHI, Institute of Social Science, The University of Tokyo |
The Osaka Workshop on Economics of Institutions and Organizations, OEIO, meets every month to exchange research ideas on institutional and organizational economics. Participants include both people specialized in theoretical research and those in empirical research. Topics of meetings might be about microeconomic theory, macroeconomic theory, or economic history..., whatever on institutional and organizational economics.
Presenter: Ryuichi Tanaka (Institute of Social Science, The University of Tokyo)
Title: “The Cost of Relax-oriented Education on Japanese Labor Market Performance”
Abstract: Does Yutori (relaxed) education could lead to better or worse labor market outcomes? By comparing the people born in the same year but have different lengths of exposure to the relax-oriented curriculum in the 1980s, this paper studies the impact of Japanese curriculum-reducing scholastic ability on people's labor market performance. We discover that individuals exposed to more years of relaxed education had less favorable results (i.e., lower earnings, higher probability of being unemployed, and lower probability of obtaining full-time occupation). The mechanism of their poor performance includes lower educational attainment. Our results hold up after excluding other explanations and are robust under various sensitivity testing.