The Structure of the Japanese Economy: Changes on the Domestic and International Fronts

Front Matter....Pages i-xvi
The Japanese Economy in Transition: Introduction and Overview....Pages 1-21
Front Matter....Pages 23-23
Long-termism and the Japanese Firm....Pages 25-52
Financial Structure and Managerial Discretion in the Japanese Firm: An Implication of the Surge of Equity-related Bonds....Pages 53-80
An Analysis of Labour Mobility in Japan....Pages 81-108
Is the Tenure-Earning Curve Really Steeper in Japan? A Re-examination Based on UK-Japan Comparison....Pages 109-131
Front Matter....Pages 133-133
Consumer Behaviour in Japan under Financial Liberalization and Demographic Change....Pages 135-167
Saving, Investment, and Capital Mobility: Lessons from Japanese Inter-regional Capital Flows....Pages 168-202
High Economic Growth and Its End in Japan: An Explanation by a Model of Demand-led Growth....Pages 203-232
Front Matter....Pages 233-233
The Rise and Fall of the Bubble Economy: An Analysis of the Performance and Structure of the Japanese Stock Market....Pages 235-262
Bubbles, Bursts and Bailouts: A Comparison of Three Episodes of Financial Crises in Japan....Pages 263-286
Evolution of the Main Bank System in Japan....Pages 287-322
Monetary Policy in Japan: A Perspective on Tools, Transmission Channels and Outcomes....Pages 323-357
The Bank of Japan and the Federal Reserve: Financial Liberalization, Independence, and Regulatory Responsibility....Pages 358-384
Front Matter....Pages 385-385
Is Japan Establishing a Trade Bloc in East Asia and the Pacific?....Pages 387-415
Recent Balance of Payments Developments in Japan: Is the Current Account Surplus Structural or Temporary?....Pages 416-434
Structural Changes in Japanese Long-term Capital Flows....Pages 435-458
Back Matter....Pages 459-470