IMF Staff Country Reports

Japan: Background Papers

December 1, 1995

Preview Citation

Format: Chicago

Japan: Background Papers, (USA: International Monetary Fund, 1995) accessed October 6, 2024

Summary

This Background Papers on Japan analyzes the recent movements of the yen from a long-term perspective. It reviews the movements in the real value of the yen during the post-war period. The paper highlights that movements in the Consumer Price Index (CPI)- and WPI-based real exchange rate are shown to be characterized by transitory deviations around stable time trends. The paper discusses potential explanations for the secular real appreciation of the yen. The paper also examines the tax reform issues in Japan.

Subject: Agricultural commodities, Agricultural sector, Commodities, Economic sectors, Income, Labor, National accounts, Personal income

Keywords: Agricultural commodities, Agricultural sector, Business cycle, Consumer surplus, CR, Exchange rate, Export price, Global, Income, ISCR, Market share, Nominal exchange rate, Output gap, Personal income, Price level, Production function, Purchase price

Publication Details

  • Pages:

    170

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1995/116

  • Stock No:

    1JPNEA0021995

  • ISBN:

    9781451820515

  • ISSN:

    1934-7685

Notes

This background paper on Japan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Japan, or the Executive Board of the IMF. In releasing this document for public use, confidential material has been removed at the request of the member.