This paper explores how corporate income tax reform can help Japan increase investment and boost potential growth …. Using international and Japan-specific empirical estimates of corporate tax elasticities, investment is predicted to expand … and 30 percent of the static revenue loss could be recovered in the long run through dynamic scoring, although Japan …

Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the …

Japan’s high corporate savings might be holding back growth. We focus on the causes and consequences of the current … corporate behavior and suggest options for reform. In particular, Japan’s weak corporate governance—as measured by available … comprehensive corporate governance reform should be a key component of Japan’s growth strategy …

materialize, the Bank of Japan (BoJ) should act swiftly through further and/or longer- dated asset purchases. Communication should … continue to be proactive in monitoring these risks. Japan’s external position is assessed as broadly in balance—compared to …

implications for Japan and Asia of several shocks to the Japanese economy. The results suggest that, while fiscal consolidation in … Japan would initially dampen domestic growth, over the medium term the impact on both the domestic and regional economies … would be positive. Quantitative monetary easing in Japan would boost domestic activity in the short-run, while being …

economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach …

crisis, Japan attempted just such an exit. This note revisits the Bank of Japan’s experience and draws potential lessons for … nature of the assets acquired during the present crisis could pose additional complications, parts of Japan’s arsenal …

the United States, the euro area, and Japan in the emergence and evolution of today''s global trade imbalances. Simulation … 1999, as well as account for some the surpluses in the euro area and Japan. Differences in TFP developments across sectors …

This paper describes determinants of Japan’s productivity growth, reform outputs, and speculation on future potential … Bank of Japan’s understanding of price stability and monetary policy; examines the impact of Japan’s inflation and price … stability in both Japan and in the other Asian countries …