The Importance of Networks in the Market for University Graduates in Japan: A Longitudinal Analysis of Hiring Patterns

CEPR Discussion Paper Series No. 1816

Posted: 16 Oct 1998

See all articles by Marcus E. Rebick

Marcus E. Rebick

University of Oxford - Nissan Institute of Japanese Studies

Date Written: May 1998

Abstract

This study examines the extent to which the transition from university education to work is characterized by persistent hiring flows between university faculties and firms, rather than being characterized by an open market process. Using a specially devised metric, I find that more than one-half of all hires may be attributed to persistence in hiring by firms from specific faculties with the remainder due to random hiring. There does not seem to be a major difference in the importance of screening between science and engineering and non-science faculties. In general, the importance of persistence increases as the difference in the quality of the faculty from which existing personnel in firms graduated, and the standard of faculties from which firms are hiring increases. This suggests that persistence exists to aid firms in screening students when they come from relatively low-standard faculties.

JEL Classification: J41, J44

Suggested Citation

Rebick, Marcus E., The Importance of Networks in the Market for University Graduates in Japan: A Longitudinal Analysis of Hiring Patterns (May 1998). CEPR Discussion Paper Series No. 1816. Available at SSRN: https://ssrn.com/abstract=106249

Marcus E. Rebick (Contact Author)

University of Oxford - Nissan Institute of Japanese Studies ( email )

27 Winchester Road
Oxford OX2 6NA
United Kingdom
(44 1865) 274 571 (Phone)
(44 1865) 274 574 (Fax)

Register to save articles to
your library

Register

Paper statistics

Abstract Views
782
PlumX Metrics