Showing 1 - 10 of 23
incentive mechanism of the public pension system in Japan affecting the retirement behavior has many things in common with those …
Persistent link: https://www.econbiz.de/10012472658
This study examined the factors that affect the retirement decisions of the middle-aged and elderly in Japan, focusing … Japan--where being enrolled in the disability program is unlikely to make one a candidate for the retirement path …
Persistent link: https://www.econbiz.de/10012458663
competitive firms. The results in our paper suggest that when it comes to TFP growth, this view of Japan is seriously erroneous …. We find that lower tariffs and higher import volumes would have been particularly beneficial for Japan during the period … productivity growth. Our findings on Japan suggest that the salutary impact of imports stems more from their contribution to …
Persistent link: https://www.econbiz.de/10012471526
This paper examines the impact of e-commerce on pricing behavior and welfare. Using Japanese data, we find that the entry of e-commerce firms significantly raised the rate of intercity price convergence for goods sold intensively online, but not for other goods. E-commerce also lowered relative...
Persistent link: https://www.econbiz.de/10012480450
of social security and its related programs in Japan since the 1980s. We compute the tax force to retire early, using the …
Persistent link: https://www.econbiz.de/10012480894
A striking feature of many financial crises is the collapse of exports relative to output. In the 2008 financial crisis, real world exports plunged 17 percent while GDP fell 5 percent. This paper examines whether deteriorations in bank health can help explain the large drops in exports relative...
Persistent link: https://www.econbiz.de/10012463093
. Little attention is paid in Japan to substitution biases and quality upgrading. This implies that important methodological … differences have emerged between the U.S. and Japan since the U.S. started to correct for these biases in 1999. We estimate that … using the new corrected U.S. methodology, Japan's deflation averaged 1.2 percent per year since 1999. This is more than …
Persistent link: https://www.econbiz.de/10012465397
We analyze fiscal policy and fiscal sustainability in Japan using a variant of the methodology developed in Blanchard … (1990). We find that Japan can achieve fiscal sustainability over a 100-year horizon with relatively small changes in the …. This means that monetization of the debt will have little impact on Japan's fiscal sustainability because Japan's problem …
Persistent link: https://www.econbiz.de/10012467699
implications of our analysis on the social security reform debate in Japan, including the fixed tax method and the use of the trust …
Persistent link: https://www.econbiz.de/10012468249
Theories featuring multiple equilibria are now widespread across many fields of economics. Yet little empirical work has asked if such multiple equilibria are salient features of real economies. We examine this in the context of the Allied bombing of Japanese cities and industries in WWII. We...
Persistent link: https://www.econbiz.de/10012468441