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To understand the cyclical movements of value-added tax (VAT) revenues in advanced economies,...

We study Japanese household consumption at a disaggregated level focusing on the role of income...

This paper draws out the parallels between Korea and Japan in terms of demographics,...

Automatic adjustment mechanisms (AAMs)—rules ensuring that certain characteristics of a pension...

Is Japan’s aging and, more recently, declining population hampering growth and reflation efforts?...

The recovery in GDP growth since the global financial crisis has been halting and weak. Concern...