This 2013 Article IV Consultation highlights that on the back of new policy framework, growth in Japan accelerated …

materialize, the Bank of Japan (BoJ) should act swiftly through further and/or longer- dated asset purchases. Communication should … coming years with uncertain net effects—higher exports and capital outflows—in the short term. As long as Japan continues …

This Selected Issues paper examines implications for long-term bond yields in case of Japan. The analysis finds that so …

effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and …

We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to …

States and the quantitative and qualitative easing (QQME) of Japan. Korea is an intriguing case due to its borderline … position between advanced and emerging market country groups, and the common perception that Korea competes fiercely with Japan …

Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the …

This paper examines how Japan’s long-term interest rates and Japanese banks’ interest rate risk exposures may evolve … yields in Japan are determined to a large extent by growth and inflation outlook, fiscal conditions, demography, and the … increased purchases by the Bank of Japan. At the same time, illustrative scenarios suggest the interest rate risk exposure of …