In 2024, 720,988 babies were born in the country, marking the ninth consecutive year of decline in child births.

Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the ...

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 ...

With birth rates falling and immigration facing political pushback, what does that mean for future economic growth and equity ...

The birth rate plummeted for the ninth consecutive year with more than two deaths for every baby born in 2024. Aware that to ...

While China’s birth rates are also very low after decades of a strict one-child policy, not all is lost. At 65%, its urbanization rate is lower than the 80-90% rates in Japan or South Korea ...

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

In fact, industries with a bigger share of immigrant workers tend to have lower wages overall. According to the Migration Policy Institute, a research organization that focuses on immigration and ...

A new government-issued report reflects some of the most controversial views on vaccines, the nation’s food supply, ...

and discusses practical problems in applying wage targets and monitoring real wage developments. A key policy conclusion is that because the accuracy of real wage targets is inevitably suspect, ...