This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of … generate higher average welfare gains for East Asian countries than currency unions with Japan or the United States. Overall …, Japan does not appear to be a dominant player in forming a currency union in East Asia, and this trend is likely to continue …

This paper argues that Japan’s excessive labor market duality can reduce Total Factor Productivity (TFP) due to a … employment protection between regular and non-regular workers would substantially reduce labor market duality in Japan. One …

effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and …

We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to …

financial markets and spillovers from Europe to Japan. The results also suggest that the uncertainty about the direction of …

Both Japan and Korea are trying to boost female labor force participation (FLFP) as they face the challenges of a … towards non-regular employment despite women’s high education levels. This paper empirically examines what helps Japan and … tend to reduce the proportion of regular female employment in Japan and Korea, (ii) the persistent gender wage gap …

This 2013 Article IV Consultation highlights that on the back of new policy framework, growth in Japan accelerated …

materialize, the Bank of Japan (BoJ) should act swiftly through further and/or longer- dated asset purchases. Communication should … coming years with uncertain net effects—higher exports and capital outflows—in the short term. As long as Japan continues …