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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
The time may be right to move on from what was designed to combat deflation, and attention is being given to wages for guidance. However, rising prices are not feeding through…
Near-stagnation in wages is difficult to reconcile with reports of a very tight labour market in which firms struggle to hire. The answer lies partly in much higher levels of…
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DOI: 10.1108/OXAN-DB285105
ISSN: 2633-304X
Keywords
Geographic
Topical
Yen weakness in the face of persistently strong US interest rates argues for further monetary tightening but that is countered by wage- and price-growth in Japan remaining below…
Trends in wages growth.
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DOI: 10.1108/OXAN-DB213107
ISSN: 2633-304X
Keywords
Geographic
Topical
Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
State finances, companies and households will all feel the effects.
The impact of working less hours on policy.
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DOI: 10.1108/OXAN-DB245052
ISSN: 2633-304X
Keywords
Geographic
Topical
Japan's macroeconomic outlook.