This paper draws out the parallels between Korea and Japan in terms of demographics, potential growth, balance sheets …, asset prices and inflation. Korea's demographic trends seem to track Japan's with a lag of about 20 years. Low productivity … reforms. While Korea's corporate balance sheets are stronger than Japan's in the early 1990s, Korea needs to progress with the …

We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach … index rises around contested national elections and major leadership transitions in Japan, during the Asian Financial Crisis … and in reaction to the Lehman Brothers failure, U.S. debt downgrade in 2011, Brexit referendum, and Japan's recent …

This paper analyzes various reform options for Japan's public pension in light of large fiscal consolidation needs of …