Macroeconomy and Low Birthrate/Aging Population

While the sustainability of long-term growth is becoming a challenge for the entire global economy, our country is facing the dual challenges of a rapid aging population and declining birthrate ahead of other nations.
Concerning our economy, it is important to enhance productivity, revitalize economic activities such as corporate capital investment, which has stagnated over the past quarter-century, and improve the economic growth rate.
This program will conduct research that contributes to policy recommendations for the development of the future Japanese and global economies.
Specifically, it involves analyzing the response of the Japanese and global economies to economic shocks, household heterogeneity, the macroeconomics of individuals and families, and the mechanisms of long-term economic stagnation.
Additionally, multi-faceted and integrative research is conducted in relation to experimental and data-driven analysis towards a sustainable society, the relationship between exchange rates and the Japanese economy, and more.