This paper examines how the three key characteristics of a corporate governance structure (i.e., the composition of board members, the nature of the largest shareholder, and the background of the representative directors) affect the way companies adjust employment levels. With respect to the...

Using an overlapping, multigenerational, dynamic, general equilibrium model incorporating a benefit assessment of government expenditure, this paper examines the advantages and disadvantages of funding methods for public health insurance and nursing insurance. In addition, in regard to the...

Japan's fiscal conditions are the most severe of any industrialized nation, moreover, the aging of Japanese society will continue, and an increase in the national burden is inevitable. In part because of the view that the burden of taxes and of social security has a negative impact on the...