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 …

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 …

implications for Japan and Asia of several shocks to the Japanese economy. The results suggest that, while fiscal consolidation in … Japan would initially dampen domestic growth, over the medium term the impact on both the domestic and regional economies … would be positive. Quantitative monetary easing in Japan would boost domestic activity in the short-run, while being …

several insights about the way to manage such a transition and the downsides to avoid. In particular Japan offers useful … by Japan …

As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth …

With Japan’s public debt reaching historical levels, the need for fiscal consolidation and structural reforms have …