This paper analyzes labor market frictions, caused by heterogeneity among traders on the demand side (firms). Vacancy numbers per firm created at once can vary, and this heterogeneity affects the application rate by job seekers. On the aggregate level, theory predicts that vacancy distribution...

1. Research Theme It has been pointed out that the existence or rise in unemployment rate caused by 'mismatch' in labor market is one of the major factors for recent continuous high unemployment rate in our country. Such 'mismatch' has often been regarded as coming from technical problems, which...

This study examines how Japanese consumers’ inflation expectations are formed by the use of micro-level dataset of the prediction error of expected inflation rate. Recently in Japan, the interest is growing in the policies that intend to work on the inflation expectations of consumers and...

This paper documents the secular decline of years of job tenure in Japan based on micro data from two representative government surveys, namely the household-based Employment Status Survey (ESS) and the establishment-based Basic Survey of Wage Structure (BSWS). Workers born in 1970 have...

We examine the period from 1991 to 2002 to document the effects of a changing Japanese labor market on trends in the cost of job change. Evidence is also found of a diminishing specificity in human capital (in firm-size and industry) for job changers in the Japanese labor market.

The paper aims at quantifying the higher-order expectations that Keynes (1936) compared to the beauty contest, applying a measure of relative entropy to the Japanese ESP Forecast Survey data during the deflationary period. We conclude that during the deflationary period from June 2009 to April...

This paper examines the factors that lie behind the couples' declining number of children and desire for children, associating among living environment, economic situation, and husband and wife’s consciousness and sense of value. Data for this paper was compiled through a web-based...

Being healthy is one of the most important factors that affect the degree of human happiness. In an aging society, deaths due to cancer tend to increase. When considering the improvement of wealth of the aging society in Southeast Asia, the international transfer of Japanese R&D results and...

Less and late marriage and declining fertility of married couples are considered to be factors behind Japanese falling birth rate. The change in couple’s reproductive behavior is possibly related to couples’ economic and living situation including employment status of wives, educational...

This paper examines the association among employment status and attitudes to marriage, family and job focusing on non-regular employees. Data for this paper was compiled through a web-based questionnaire survey, conducted in September and October 2011. Chapter 1 introduces results of the survey;...