 | Policy Uncertainty in Japan Author/Editor: Elif C Arbatli, Steven J Davis, Arata Ito, Naoko Miake, Ikuo Saito. Release Date:May, 2017 We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper more...
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| Automatic Adjustment Mechanisms in Asian Pension Systems? Author/Editor: Elif C Arbatli, Csaba Feher, Jack J Ree, Ikuo Saito, Mauricio Soto. Release Date:December, 2016 Automatic adjustment mechanisms (AAMs)—rules ensuring that certain characteristics of a pension system respond to demographic, macroeconomic and financial developments, in a predetermined fashion more...
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| Fading Ricardian Equivalence in Ageing Japan Author/Editor: Ikuo Saito. Release Date:September, 2016 Japan seems to be turning less Ricardian, a trend set to continue. First, the discount wedge seems to have risen, suggesting that consumers have become more myopic. Second, some evidence points to more...
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| Japan's Corporate Income Tax: Facts, Issues and Reform Options Author/Editor: Ruud A. de Mooij, Ikuo Saito. Release Date:August, 2014 This paper explores how corporate income tax reform can help Japan increase investment and boost potential growth. Using international and Japan-specific empirical estimates of corporate tax more...
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| Health Spending in Japan: Macro-Fiscal Implications and Reform Options Author/Editor: Masahiro Nozaki, Kenichiro Kashiwase, Ikuo Saito. Release Date:August, 2014 Health spending has risen rapidly in Japan. We find two-thirds of the spending increase over 1990–2011 resulted from ageing, and the rest from excess cost growth. The spending level will rise more...
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