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Jesper Koll's avatar

thank you for your note -- for starters I tremendously enjoyed "Japan 1941" by Eri Hotta ; "Embracing Defeat" by John Dower clearly sets the stage ; "How the conservatives rule Japan" by Nathaniel Thayer a classic must-read ; and always full of insights Nakae Chosen"s "a discourse by three drunkards on government" ; let me know your recommendations ; many cheers ;-j

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Will Oswald's avatar

What are your thoughts on the IMF's note on Structural Barriers to Wage Income Growth in Japan (https://www.imf.org/en/Publications/selected-issues-papers/Issues/2023/05/18/Structural-Barriers-to-Wage-Income-Growth-in-Japan-Japan-533515)? They argue that an additional boost to labour participation and incomes is constrained by the tax structure and disincentives for spouses to work beyond certain thresholds due to the income on both taxation and social benefits?

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