Japan's high corporate savings might be holding back growth. We focus on the causes and consequences of the current … corporate behavior and suggest options for reform. In particular, Japan's weak corporate governance - as measured by available … comprehensive corporate governance reform should be a key component of Japan's growth strategy …

Data and anecdotal evidence suggest that Japan is suffering from labor shortages, which are large in an international … focuses on policy options to ease Japan's labor shortages. In particular, we focus on possible measures to increase reliance …

We use a Global VAR model to study spillovers from the Bank of Japan's quantitative and qualitative easing (QQE) on …

The Bank of Japan has introduced various unconventional monetary policy tools since the launch of Abenomics in 2013, to … analysis (FPAS) for Japan. In the model's baseline scenario, the likelihood of the Bank of Japan reaching its 2 percent …

Three years have passed since the Bank of Japan's asset purchase program was introduced in 2011, causing a sharp … decline in the value of the Japanese Yen. What would be the implications for Japan and Korea's exporters if the weak Yen is … shocks. We find that if the weak Yen persists, it would strengthen Japan's price competitiveness over time as export prices …

In this paper, we investigate how negative interest rate policy (NIRP) introduced in January2016 by the Bank of Japan …

This paper argues that Japan's excessive labor market duality can reduce Total Factor Productivity (TFP) due to a … employment protection between regular and non-regular workers would substantially reduce labor market duality in Japan. One …