Sustainable development implies the assumption of a new strategy at the microeconomic level. The paper presents several proposals to improve the substantiation and implementation of a strategy adequate to the new challenges of the sustainable development of society.

Using the Survey of Company Fringe Benefits provided by the Life Insurance Culture Centre in 2002 (Social Science Japan data archive), this study provides corrected estimates for endogeneity attributed to family-friendly policies on wages. The results indicate that the policies related to...