Issues Faced by Japan's Economy and Economic Policy Part III: Heterogeneity among economic agents

By focusing on heterogeneity among economic agents, this project will clearly identify the issues faced by Japan's economy, separating them into those concerning demand and those concerning supply. In addition, policies that can address the issues will be proposed by combining fundamental research based on econophysics with empirical research on the Japanese economy. In the theoretical aspects, distributions of firm size and firm-level productivity are of central interest, while the consumption tax increase, recovery from the Great East Japan Earthquake, and the Trans-Pacific Partnership (TPP) are topics for empirical studies.

May 20, 2013 - March 31, 2015