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Keywords:Japan 

Discussion Paper
Demographic Trends and Growth in Japan and the United States

Japan’s population is shrinking and getting older, with the population falling at a 0.2 percent rate this year and the working-age population (ages 16 to 64) falling at a much faster rate of almost 1.5 percent. In contrast, the U.S. population is rising at a 0.7 percent annual rate and the working-age population is rising at a 0.2 percent rate. So far, supporting the growing share of Japan’s population that is 65 and over has been the substantial increase in the share of working-age women entering the labor force. In contrast, U.S. labor force participation rates have been falling for ...
Liberty Street Economics , Paper 20141008

Journal Article
Is Japan's saving rate high?

There are two major differences between Japan and the United States in the way saving is calculated in their national accounts. First, depreciation in Japanese national accounts is based on historical costs, which leads to an understatement of true depreciation and hence an overstatement of net saving. Second, government capital formation is not included in U.S. saving. This article adjusts the official Japanese saving numbers by evaluating depreciation at replacement costs and excluding government capital formation from saving. Doing so significantly reduces the apparent gap between the ...
Quarterly Review , Volume 13 , Issue Spr , Pages 3-9

Journal Article
Difficult times for Japanese agencies and branches

FRBSF Economic Letter

Conference Paper
General discussion : practical experience with asset bubbles and financial crises

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Japan's keiretsu and Korea's chaebol

FRBSF Economic Letter

Journal Article
The U.S. trade deficit: a perspective from selected bilateral trade models

New England Economic Review , Issue May , Pages 19-31

Journal Article
United States-Japanese trade: predictions using selected economic models

New England Economic Review , Issue May , Pages 26-37

Journal Article
U.S economic performance: good fortune, bubble, or new era?

What accounts for the extraordinary performance of the U.S. economy in recent years? How is that we have been able to enjoy such strong economic growth and resulting low unemployment rates without an upturn in inflation? The author reviews the primary explanations offered for these unusually favorable circumstances - that the U.S. economy has been the beneficiary of temporary factors that have held down the inflation rate or that the U.S. economy has entered a new era of intensified competition and rising productivity growth in which inflation is less of a threat. She also discusses ...
New England Economic Review , Issue May , Pages 3-20

Journal Article
Macroeconomic influences on the U.S.-Japan trade imbalance

Quarterly Review , Volume 11 , Issue Spr

Journal Article
The changing commodity composition of U.S. imports from Japan

Quarterly Review , Volume 11 , Issue Spr

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