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This paper argues that Japan’s excessive labor market duality can reduce Total Factor Productivity (TFP) due to a … employment protection between regular and non-regular workers would substantially reduce labor market duality in Japan. One …
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We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to …
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materialize, the Bank of Japan (BoJ) should act swiftly through further and/or longer- dated asset purchases. Communication should … coming years with uncertain net effects—higher exports and capital outflows—in the short term. As long as Japan continues …
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particularly concerning in Japan, where the success of Abenomics depends on a transition from stimulus-driven to self …
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Some analysts, noting Japan's continued slow deflation, assert that Japan is trapped in a slow-growth, deflationary … equilibrium. Former Governor Shirakawa argued that Japan had "gotten out"—at least when judged by the growth of real GDP.> …
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numerically examining the reform in an aging Japan in a dynamic context with overlapping generations within a computable general …
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