The aging and decreasing population is a serious problem in many developed countries today. In...#Toshihiko Fukui
The aging and declining population will have far-reaching impacts. Declining fertility rates will possibly increase...#Toshihiko Fukui
Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly...#Toshihiko Fukui
In this context, the current recovery in the Japanese economy is taking place in tandem...#Toshihiko Fukui
In fact, the recent increase in intra-firm trading enables businesses to shift their activities across...#Toshihiko Fukui
However, in spite of the general perception that monetary policy should be conducted so as...#Toshihiko Fukui
During the past two decades, inflation has fallen to a low level in major industrial...#Toshihiko Fukui
As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of...#Toshihiko Fukui
With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.#Toshihiko Fukui
Thus, the questions we should ask here are what makes the current economic upswing different...#Toshihiko Fukui
They emphasize the viewpoint that the protracted economic stagnation in Japan derives from incomplete economic...#Toshihiko Fukui
The standard growth theory tells us that economic growth in per capita basis comes from...#Toshihiko Fukui
