This study examines the formation of the inflation expectations of Japanese households using a micro-level dataset of forecast errors of expected inflation rates. The Japanese have recently come to be interested in policies that intend to positively influence the inflation expectations of...

This study finds a strong and positive correlation between the net job-creation rates of large employers and labor market tightness (i.e., ratio of job offers to job-seekers) in business cycle frequencies in Japan. This correlation is much stronger than that seen among smaller employers, and is...

Female physicians remain underrepresented in surgical specialties in Japan. The 2004 New Postgraduate Medical Education Program mandated a two-year rotating residency that allowed residents to choose their specialty after training in multiple fields, including surgery. Following this reform,...