Takao Kato is W.S. Schupf Professor of Economics and Far Eastern Studies at Colgate University. He is also Research Associate, CJEB (Columbia Business School) and CCP (Copenhagen Business School and Aarhus University); Faculty Fellow and Mentor, SMLR (Rutgers); Research Fellow, TCER-Tokyo; and Senior Fellow, ETLA (Helsinki). He has held visiting professorships in Japan (Tokyo, Hitotsubashi, Keio, Osaka, Japan Institute of Labour), Korea (KDI School of Public Policy and Management), Australia (New South Wales), Denmark (Aarhus and Copenhagen Business School), and the U.S. (Stanford and Levy Institute). He is currently Series Editor of Advances in the Economic Analysis of Participatory and Labor-Managed Firms, and Co-Editor of the Journal of the Japanese and International Economies. He received his Ph.D. in economics from Queen’s University.

Kato pioneered the econometric analysis of employee participation and innovative work practices of Japanese and Korean firms. While continuing to work in this area, he has also been studying corporate governance, executive compensation, and promotion tournament in Japan, Korea, China, and Denmark. Kato's most recent research involves econometric case studies of firms in the U.S., China, Finland, Denmark, and Japan, with particular focus on high-performance work practices as well as career development and promotion tournament including gender gaps in the workplace. His work has been supported through grants and fellowships from such organizations as NSF, Russell Sage Foundation, Rockefeller Foundation, NBER, SSRC, Japan Foundation, Japan Institute of Labour, Japan Center for Economic Research, Suntory Foundation, Velux Foundation, and Otto Mønsted's Foundation.

Kato’s work has appeared in a variety of refereed journals such as American Economic Review, Review of Economics and Statistics, Economic Journal, Industrial and Labor Relations Review, Industrial Relations, Journal of Comparative Economics, Journal of Economic Behavior and Organization, International Journal of Industrial Organization, Economic Development and Cultural Change, Labour Economics, British Journal of Industrial Relations, Oxford Bulletin of Economics and Statistics, Pacific-Basin Finance Journal, Journal of the Japanese and International Economies and other journals. He also co-edited Volume 7 of Advances in the Economic Analysis of Participatory and Labor-Managed Firms.

He joined IZA as a Research Fellow in September 2005.

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Publications

IZA Discussion Paper No. 10788
forthcoming in: Oxford Handbook on the Economics of Women, ed. Susan L. Averett, Laura M. Argys and Saul D. Hoffman. New York: OUP 2018

We review recent studies on management practices and their consequences for women in the workplace. First, the High Performance Work System (HPWS) is associated with greater gender diversity in the workplace while there is little evidence that the HPWS reduces the gender pay gap. Second, work-life balance practices with limited...

IZA Discussion Paper No. 10454

This paper presents a novel model of promotion within the firm which sheds new light on the interplay between working hours and the odds of subsequent promotion. The model's key feature is the coexistence of two different sources of asymmetric information: (i) the worker's cost of long working hours: and...

IZA Discussion Paper No. 9379

This paper uses unique firm-level panel data from Japan and provides new evidence on the possible impact on gender equality in the workplace of human resources management (HRM) practices. Specifically we consider a number of work-life balance (WLB) practices that are developed in part to enhance gender equality as well...

IZA Discussion Paper No. 8189
revised version forthcoming in: Oxford Bulletin of Economics and Statistics, 2017

This paper provides novel evidence on the causal effect on female employment of labor market deregulation by using the 1985 amendments to the Labor Standards Law (LSL) in Japan as a natural experiment. The original LSL of 1947 prohibited women from working overtime exceeding two hours a day; six hours...

IZA Discussion Paper No. 6666

This paper provides novel evidence on the long-term effect of the Great Recession on the quality of jobs, in particular whether the Great Recession results in the replacement of "good jobs" (characterized by high wage/benefit, job security, and opportunity for training and development) with "bad jobs" (characterized by the lack...

IZA Discussion Paper No. 6219
revised version published in: Journal of Economic Behavior & Organization Volume 131, Part A, November 2016, 37–50

Using data on team assignment and weekly output for all weavers in an urban Chinese textile firm between April 2003 and March 2004, this paper studies a) how randomly assigned teammates affect an individual worker's behavior under a tournament-style incentive scheme, and b) how such effects interact with exogenously formed...

IZA Discussion Paper No. 6183
revised version forthcoming in: Industrial and Labor Relations Review, 2016

Taking advantage of a recent relaxation of Japanese government's data release policy, we conduct a cross-national analysis of micro data from Japan's Employment Status Survey and its U.S. counterpart, Current Population Survey. Our focus is to document and contrast changes in long-term employment and job security over the last twenty...

IZA Discussion Paper No. 5764
revised version forthcoming in: Economic Journal, 2017

Denmark's registry data provide accurate and complete career history data along with detailed personal characteristics (e.g., education, gender, work experience, tenure and others) for the population of Danish workers longitudinally. By using such data from 1992 to 2002, we provide rigorous evidence for the first time for the population of...

IZA Discussion Paper No. 5711
resvised version published in: Industrial and Labor Relations Review, 2015, 68(2), 398-425

We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski is a retail distribution chain and, most unusually, there are two distinct types of hypermarkets: (i) cooperatives with significant employee ownership and voice; and (ii) GESPAs with modest employee ownership and...

IZA Discussion Paper No. 5111
Takao Kato, Ju Ho Lee, Jang-Soo Ryu
published in: Tor Eriksson (ed.), Advances in the Economic Analysis of Participatory and Labor-Managed Firms Volume 11, Bingley: Emerald, 2010

We report the first results for Korean firms on the incidence, diffusion, scope and effects of diverse employee financial participation schemes, such as Profit Sharing Plans (PSPs), Employee Stock Ownership Plans (ESOPs), Stock Option Plans (SOPs) and Team Incentive Plans (TIPs). In do doing, we assemble important new panel data...

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