Heterogeneity of Economic Agents and Challenges for the Japanese Economy

This project aims to analyze the sources and effects of heterogeneity among economic agents in the Japanese economy and to propose evidence-based policy interventions. We will examine heterogeneity not only among sectors (household, firm, and government) but also within sectors. We will analyze its sources, effects on macroeconomic dynamics, and implications for policy. Key areas include gender inequality in labor markets and firm size differences. Additionally, the study will consider the government's fiscal situation and the effectiveness of inequality reduction policies. To do so, it will scrutinize how differences in economic constraints and preferences influence heterogeneity. Our goal is to provide policy recommendations to address Japan's economic challenges.

September 9, 2024 - February 28, 2027

（During the research project period, the research activity period is set from September 9, 2024 , to August 31, 2026, and the data usage reporting period is set from September 1, 2026 to February 28, 2027.）