The introduction of UV analysis and labor flow analysis is perhaps the most prominent feature of the recent discussion of unemployment in Japan. The former, which is considered to be an effective tool for estimating so-called frictional unemployment, is frequently used for judging the current...

One of the frequently mentioned features of postwar Japanese economic growth concerns divergent changes in the sectoral wholesale price indexes: the price index for the "modern" sector has decreased slightly or remained constant, whereas the price index for the "nonmodern" sector has registered...

When the wage structure is organized in such a way that wages tend to rise with age, it follows that the more younger workers there are, the lower a firm's total labor cost will be; by the same token, the more older workers there are, the higher a firm's labor cost. This is a factor that...