An introduction to the Japanese economy -- Historical background of the Japanese economy -- Economic growth -- Business cycles, and a boom and bust -- Financial markets and supervision -- Monetary policy -- Public finance -- Saving, demography, and social security -- Industrial structure -- The...

Recent academic papers have shown that the Japanese sovereign debt situation is not sustainable. The puzzle is that the bond rate has remained low and stable. Some suggest that the low yield can be explained by domestic residents' willingness to hold Japanese government bonds (JGBs) despite its...

Recent academic papers have shown that the Japanese sovereign debt situation is not sustainable. The puzzle is that the bond rate has remained low and stable. Some suggest that the low yield can be explained by domestic residents' willingness to hold Japanese government bonds (JGBs) despite its...