Japan Selected Issues

This Selected Issues paper discusses the findings of the IMF staff research focusing on labor market dynamics, economic growth, the financial sector, private investment, and monetary policy in Japan. Japan’s labor market has fared relatively well considering the occasional substantial output losses,...

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Bibliographic Details
Corporate Author: International Monetary Fund Asia and Pacific Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2016
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Japan  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2016 
300 |a 86 pages 
651 4 |a Japan 
653 |a Population & demography 
653 |a Interest rates 
653 |a Inflation 
653 |a Public debt 
653 |a Finance 
653 |a Labour 
653 |a Public finance & taxation 
653 |a Financial services 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Deflation 
653 |a Fiscal Policy 
653 |a Labor markets 
653 |a Fiscal policy 
653 |a Demand and Supply of Labor: General 
653 |a Deposit rates 
653 |a Labor 
653 |a Price Level 
653 |a Demography 
653 |a Banks and Banking 
653 |a Labor market 
653 |a Prices 
653 |a Macroeconomics 
653 |a Wages 
653 |a Interest Rates: Determination, Term Structure, and Effects 
653 |a Public Finance 
653 |a Income economics 
710 2 |a International Monetary Fund  |b Asia and Pacific Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
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520 |a This Selected Issues paper discusses the findings of the IMF staff research focusing on labor market dynamics, economic growth, the financial sector, private investment, and monetary policy in Japan. Japan’s labor market has fared relatively well considering the occasional substantial output losses, with unemployment remaining low. Although Japan’s employment responsiveness to the cyclical position has been relatively low, it has been rising over time reflecting the higher share of the nonregular workforce. The lower employment response to output compared with other countries during the Great Recession reflects the quick implementation of an employment subsidy program, a more flexible wage system, and strong employment protection