The Distribution of Income and Wealth in Japan
This paper reviews research on the distribution of income and wealth in Japan, identifies sources of data on income and wealth, and describes limitations of these data. Evidence that Japan 's poorest income groups are relatively well-off is convincing, but the re is less evidence that the overall distribution of income in Japan is more equal than in other OECD countries Agricultural policy, social welfare policy, the tax system, trends in earnings differentials, an d the role of the Japanese family are among the many factors that have shaped Japan's income distribution. The rapid appreciation of the st ock market and land prices during the late 1980s led to greater inequali ty in the distribution of wealth. Rapid population aging is expected to lead to an increase in total national wealth relative to national income which may have an adverse impact on the distribution of incom e. Copyright 1992 by The International Association for Research in Income and Wealth.
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Volume (Year): 38 (1992)
Issue (Month): 4 (December)
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