Japan : Selected Issues

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

August 2, 2016

Electronic Access:

Free Full text (PDF file size is 3833 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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.

Series:

Country Report No. 16/268

Subject:

English

Publication Date:

August 2, 2016

ISBN/ISSN:

9781475522525/1934-7685

Stock No:

1JPNEA2016002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

86

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