Japan''s key fiscal challenge is to put public finances on a more sustainable footing. This paper investigates the … macroeconomic implications of alternative fiscal strategies for Japan using the IMF''s Global Fiscal Model. The results suggest that … of the world from consolidation in Japan are positive in the medium term, but modest …

Modifications to Japan''s monetary policy framework will be needed as positive inflation resumes because the current …

near the zero bound by studying the experience of Japan during the ""Lost Decade"" which followed the asset-price bubble … collapse in the early 1990s. Estimation results based on a structural model suggest that the Bank of Japan''s interest …

United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …

Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries …. This paper suggests that Japan''s dualities between regular and ""nonregular"" labor market contracts and the relatively … protection and benefits between regular and nonregular workers could help put Japan''s wages on an upward trajectory in the …

several insights about the way to manage such a transition and the downsides to avoid. In particular Japan offers useful … by Japan …

A sustained decline in fertility rates underlies a rapid aging and decline of Japan's population. This will have … Japanese banking system. The unemployment-deflation puzzle in Japan has been explained …

This paper examines the effects of quantitative easing implemented by the Bank of Japan (BoJ) since early 2001, looking …