IDEAS home Printed from https://ideas.repec.org/p/boj/bojron/05-e-0427.html
   My bibliography  Save this paper

The State of the Japanese Economy: From the Perspective of Employment and Income

Author

Listed:
  • Research and Statistics Department

    (Bank of Japan)

Abstract

Against the background of economic recovery, the employment situation has recently been on a recovery trend as well. Developments in household income, however, have been weak in comparison to movements in nominal GDP and corporate profits, and there has been a dramatic fall in the labor share. Behind firms' persistent labor cost restraint are several factors: (1) adjustment pressures on the industrial structure so as to cope with developments such as globalization and the reduction in public works projects; (2) movements to strengthen firms' profitability; (3) structural changes in the labor market, as witnessed, for example, in the expansion in the number of non-regular employees.

Suggested Citation

  • Research and Statistics Department, 2005. "The State of the Japanese Economy: From the Perspective of Employment and Income," Bank of Japan Research Papers 2005-04-27, Bank of Japan.
    • Handle: RePEc:boj:bojron:05-e-0427
    as

    Download full text from publisher

    File URL: http://www.boj.or.jp/en/research/brp/ron_2005/data/ron0504a.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boj:bojron:05-e-0427. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bank of Japan (email available below). General contact details of provider: https://edirc.repec.org/data/bojgvjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.