Employer Learning in Japanese labor market: analysis with Japanese reasoning test score
This paper reports results of “Employer Learning (EL)” model estimation, using Japanese reasoning test score investigated by KHPS/JHPS questionnaire survey. As found in previous researches, I tried to confirm whether the effect of education on wages decreases and the effect of reasoning test score increases along with tenure. If employers would learn about their employees’ productivity according to looking employees’ working directly, the first evaluation based on only educational information would be modified along with periods. The results of analysis indicate that Japanese employers restrictively learn productivity of their employees. The effect of information observed by econometricians only like reasoning test score became higher with tenure. However, the effect of education on wages is kept for a long term. Unlike previous researches in America, the educational effect on wages does not decrease by “EL”.