Japan : Selected Issues

Publication Date: July 19, 2011
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Summary: The Japanese Government Bond (JGB) market has been stable in Japan since the earthquake, but the factors holding down JGB yields could diminish over time. To limit these risks, fiscal policy should aim to reduce public debt quickly and lengthen maturity of JGBs. The Bank of Japan’s (BoJ) easing measures have had a significant and broad-based impact on financial markets. Policies to support employment and protect incomes have been effective, but have to be phased out and complemented with training and job search assistance programs to facilitate a smooth reallocation of labor.
Series: Country Report No. 11/182
Subject(s): Bonds | Central bank policy | Employment | Labor market policy | Selected issues

Publication Date: July 19, 2011
ISBN/ISSN: 9781462329458/1934-7685 Format: Paper
Stock No: 1JPNEA2011002 Pages: 47
US$18.00 (Academic Rate:
US$18.00 )
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