Japan: Selected Issues
August 11, 2004
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This Selected Issues paper analyzes the key features of the Japanese business cycle, and investigates whether the current recovery differs from past recoveries. In particular, this paper poses the following questions: what are the main characteristics of Japanese business cycles since 1980, and what happens to output, expenditure components, and prices over the cycle? The paper reviews the recent performance and policy issues with respect to the banking sector, insurance sector, and public financial sector in Japan. The stability of the financial sector is also assessed.
Subject: Banking, Business cycles, Economic growth, Expenditure, Labor, Labor force participation, Pension spending, Pensions
Keywords: bank, business cycle, Business cycles, CR, dating committee, debt, Europe, firm, highway corporation, ISCR, Labor force participation, manufacturing firm, Pension spending, pension system, Pensions, recession, recession phase, sales ratio
Pages:
70
Volume:
2004
DOI:
Issue:
247
Series:
Country Report No. 2004/247
Stock No:
1JPNEA0022004
ISBN:
9781451820577
ISSN:
1934-7685
