Browsing Ciències Econòmiques i Socials by Author "Sala, Hector"
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The driving forces behind the falling labour share and persistent unemployment in Japan
Agnese, Pablo; Sala, Hector (Pacific Economic Review, 2011)Like in most advanced countries, the labour income share in Japan has been falling since the mid-1970s. However, in contrast to other advanced economies, Japan experienced an exceptional recessive period ... -
The fading 1990s in Japan: driving forces behind the unemployment upsurge
Agnese, Pablo; Sala, Hector (International Review of Economics & Finance, 2009)This paper sheds new light on the causes of the unemployment upsurge in Japan during the “fading 1990s”, an unprecedented period of structural crisis. We estimate a labor market model and identify the ... -
Unemployment in Japan: a look at the lost decade
Agnese, Pablo; Sala, Hector (Asia Pacific Journal of Economics and Business, 2008)The ‘lost decade’ in Japan was a period of steep surge in unemployment. It started in 1991 with the unemployment rate at 2.1%, and ended in 2002 when it reached a historical maximum of 5.5%. To assess ...