Sectoral shifts and structural change in the Japanese economy: Evidence and interpretation

Japan and the World Economy

Volumn 9, Issue 3, 1997, Pages 293-313

  Prasad, Eswar ^a  

^a INTERNATIONAL MONETARY FUND   (United States)

Author keywords

Labor reallocation; Productivity; Relative wages; Structural change

Indexed keywords

EID: 0031206567     PISSN: 09221425     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0922-1425(96)00244-7     Document Type: Article

References (10)

1. Blanchard, O. and P. Diamond, 1989, The Beveridge curve, Brookings Papers on Economic Activity, 1 1-60.
2. Chadha, B., 1995, The yen from a long-term perspective, Manuscript, IMF.
3. Davis, S.J., 1987, Fluctuations in the pace of labor reallocation, Carnegie-Rochester Conference Series on Public Policy, 27 335-402.
4. Davis, S.J. and J. Haltiwanger, 1990, Gross job creation and destruction: Microeconomic evidence and macroeconomic implications, NBER Macroeconomics Annual, 123-168.
5. Faruqee, H., 1995, Long-run determinants of the real exchange rate: A stock-flow perspective, IMF Staff Papers, 42 80-107.
6. Hsieh, D.A., 1982, The determination of the real exchange rate: The productivity approach, Journal of International Economics, 12 355-362.
7. Katz, L.F. and A.L. Revanga, 1989, Changes in the structure of wages: The United States vs. Japan, Journal of the Japanese and International Economies, 3 522-553.
8. Lilien, D.M., 1982, Sectoral shifts and cyclical unemployment, Journal of Political Economy, 90 777-793.
9. Lilien, D.M., 1990, Labor market dispersion and the natural rate of unemployment, Manuscript, University of California, Irvine, CA.
10. Marston, R., 1987, Real exchange rates and productivity growth in the United States and Japan, in: S.W. Arndt and J.D. Richardson, eds., Real-financial Linkages among Open Economies (MIT Press, Cambridge, MA) pp.71-96.