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 …

We trace Japanese corporate investment across different types of firms over the past decades and estimate the main … and the large build up of cash holdings by Japanese corporates …

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

Yes, partly. This paper studies the potential role of structural reforms in improving Japan's outlook using the IMF …-fully-believed path of structural reforms can significantly offset the adverse effect of Japan's demographic headwinds - a declining and … significantly to stabilizing public debt because of the resulting increase in inflation towards the Bank of Japan's target, while …

Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages … of Japan. We find that financing the costs of aging through gradual increases in the consumption tax rate delivers a …

Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for … the important role of small and medium-sized enterprises (SMEs) in explaining Japan's modest productivity growth. Results …. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing …