encourage risk-averse firms to join a conglomerate to minimize the risk of liquidation. Furthermore, in case of private …

We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to … and policy variables. Our analysis suggests that achieving the Bank of Japan's 2 percent inflation target has a positive …

Both Japan and Korea are trying to boost female labor force participation (FLFP) as they face the challenges of a … towards non-regular employment despite women's high education levels. This paper empirically examines what helps Japan and … tend to reduce the proportion of regular female employment in Japan and Korea, (ii) the persistent gender wage gap …

Portfolio rebalancing is a key transmission channel of quantitative easing in Japan. We construct a realistic …

A surge of exports in the 2000s helped Japan exit the severe decade-long stagnation known as the lost decade. Using …