1. Ageing and employment in Japan -- 2. Factors affecting labor force participation in Japan : empirical study of labor supply of the elderly and females -- 3. Labor force ageing and economic growth in Japan -- 4. Ageing and elderly care in an open economy -- 5. Immigration vs. foreign...

These volumes gather together a selection of autobiographical essays written by significant economists whose work is generally recognized to be at the forefront of the discipline as we enter the twenty-first century. The essays are largely based on introductions to volumes in the Edward Elgar...

This indispensable book provides a comprehensive analysis of monetary and financial integration in East Asia. It assesses the steps already taken toward financial integration and brings forward different proposals for future exchange rate arrangements in what has now become the world's most...

We present a simple monetary model (with sticky prices) to highlight spillovers to output gaps. We then show using a sequence of nonstructural VARs and a Global VAR, the effects of monetary policies measured using short-term interest rates and money base stocks. We conclude that money base...

Strategic Approaches to the International Economy brings together a selection of Koichi Hamada’s innovative and acclaimed essays on the applications of game theory to international economics, capital movements, migration, income distribution, portfolio choice, law and economics and the...

The Japanese economy, once referred to as the miracle of the rising sun, now appears to be in its twilight. Burdened with a large overhang of non-performing debt, the economy has suffered a long period of recession. This book describes the process, from the burst of the bubble to stagnation, to...