Wages in Japan rose only 10 percent in nominal terms between 1991 and 2020, trailing well behind the pay increases in other industrialized countries, according to labor ministry calculations.

A meaningful and sustainable rise in wages is a key goal for Prime Minister Fumio Kishida, while the Bank of Japan says it’s a crucial factor for normalizing monetary policy. Real wages ...

Japan has been struggling to cope with a combination of anaemic economic growth and a shrinking population for over 30 years. 2025 marks the tipping point when the rising costs outstrip the country's ...

Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation. The BoJ sets monetary policy in the country. Its mandate is to ...

2020, Paper: "In this study, we analyze the impacts of minimum wages on firms’ robot adoption using novel panel data related to robots imported by firms in China from 2001 to 2012, a period when most ...

Just over a day before 55,000 Canada Post employees could be back on the picket line, the Crown corporation presented its workers Wednesday with a new contract — but it might not be enough to ...

March 2023, Paper: "This paper reviews and synthesizes the literature on the macroeconomic implications of human capital theory. I begin with a review of the canonical model of education and the wage ...

This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. By submitting your ...

This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. By submitting your ...

The centrality of political arguments opposing immigration depends upon ignoring how modern capitalism uses exploited and ...