The gender wage gap among full-time workers has narrowed in the last 15 years in Japan. The demographic characteristics of full-time employees also has changed during the same period. The changed composition of workers could result in an observed gender wage convergence without any change in the...

The enforcement of the revised Antimonopoly Law in January, 2006 leads to the upward revision of surcharges. Since the surcharge is levied under an administrative procedure, the due process is different from that of the criminal case. The largest difference in the procedural due process is in...

The report by OECD, Organization for Economic Co-operation and Development, "Economic Survey of Japan 2006", shows Japan is equal in distribution of before-tax-income and not equal in distribution of after-tax-income in comparison with the other OECD countries. This article analyzes...

Motivation A purpose of this report is to analyze contributions of Information Technology (IT) in Japanese companies using firm-level data. Many precedent studies have been done in the U.S., and they made an agreement that there exist the output contributions of IT. On the other hand, some...

1.Motivation In the estimation of the national accounts of the Japanese economy for FY2004, we have conducted both an annual and a benchmark revision of every five years to enhance the accuracy of the estimates. Based on the revised data, this report has clarified and analyzed recent remarkable...

In Japan's local authorities, management has not worked well; one of the reasons seems that they have few definite visions and values in top management. In the advanced cases of the Europe and USA, most of them apply strategic management model based on SWOT-analysis. The purpose of this article...

This paper attempts to review the "16 economic mechanisms" of the EMU (Economic and Monetary Union) in Europe summarized in "One Market, One Money" (1990). Some of their impacts may have already appeared, and others may still be unknown. In the author's opinion, two groups -"impacts relating to...

I extend a simple new Keynesian model with the Markov-switching-type Taylor rule introduced by Davig and Leeper (2007 ) by incorporating the constraint of the zero lower bound (ZLB), using the concept and algorithms of the stochastic rational expectations equilibrium proposed by Billi (2013)....

This paper discusses the relative significance of a Free Trade Area of the Asia-Pacific (FTAAP) at the macro and sectoral levels. The impacts of trade liberalization and facilitation measures in an FTAAP are studied using a Computable General Equilibrium (CGE) model of global trade. The dynamic...

Is Japan equal society in income distribution? This article explores the features of wage disparity in Japan. Wage income is the main component of labor income, the largest part of total income of the people. Cross-country comparisons for 15 OECD countries are made for both annual wage disparity...