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 …

strengthen the credibility of government policy. A review of Japan's fiscal policymaking over the past decades suggests that … Japan would greatly benefit from establishing an IFI in line with internationally accepted standards of good practice. Such …

role that key characteristics of Japan's labor and product markets-labor-market duality and weak corporate governance … reforms may contribute to Japan's short-run goal of reflating the economy. It finds that boosting inflation with structural …

This paper assesses Japan’s fiscal stance in the past and the future with a stochastic structural model called the …