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Unemployment in Japan: a look at the lost decade
(Institute for Research into International Competitiveness; Curtin Business School, 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 ...
The driving forces behind the falling labour share and persistent unemployment in Japan
(John Wiley & Sons, 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
(Elsevier, 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 ...