that the state history variable is more important in countries with a higher level of macroeconomic volatility. …

current Japanese economic situation and explain the accounting and disclosure reform. In Section 3, we explain data and … markets. Also, accounting and disclosure rules have been revised to make more credible and wider information available to … the evaluation on Japanese firms' risks after the financial and accounting Big Bang. If there are still large …

largest economic block in Japan, with 2041 companies responding. This article introduces the results of this questionnaire …

In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some … survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of … that this model is highly applicable in the case of Japan. -- Saving ; dissaving ; consumption ; aged ; elderly …

importance of borrowing constraints in Japan. We find (1) that 8 to 15 percent of young married Japanese households are borrowing … does not apply in Japan and that the presence of borrowing constraints is not the main reason why it does not apply … Hypothesis ; Euler Equation ; Households ; Japan …

the 1990s and conclude that the former (especially misguided government policies) were probably more important. -- Japan …

policy recommendations about how to reform personal taxes in Japan. We find that the structure of Japan’s current consumption …), describe and evaluate the past and present structure of personal taxes in Japan, and based on our findings, make a number of … and income taxes is problematic from the viewpoints of both efficiency and equity and propose a reform package that …