Japan's Dual Labor Market, Insider–Outsider Dynamics, and DSGE Extensions

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Auteur principal: STUDENT, By
Format: Recurso digital
Publié: Zenodo 2025
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author STUDENT, By
author_facet STUDENT, By
contents <p>This preprint develops a DSGE model for Japan that incorporates dual labor market structures and insider–outsider dynamics. Firms internalize lifetime employment costs, limiting regular employment and reinforcing reliance on non-regular workers. The model is calibrated to recent Japanese data and simulates short- and medium-run outcomes under three fiscal scenarios. Results highlight that fiscal expansion reduces unemployment and raises growth in the short run, but demographic constraints erode medium-run gains and tighten debt sustainability. The paper emphasizes reproducibility by providing Python code for simulations and sensitivity analysis.</p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_17876487
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language
publishDate 2025
publisher Zenodo
record_format zenodo
spellingShingle Japan's Dual Labor Market, Insider–Outsider Dynamics, and DSGE Extensions
STUDENT, By
<p>This preprint develops a DSGE model for Japan that incorporates dual labor market structures and insider–outsider dynamics. Firms internalize lifetime employment costs, limiting regular employment and reinforcing reliance on non-regular workers. The model is calibrated to recent Japanese data and simulates short- and medium-run outcomes under three fiscal scenarios. Results highlight that fiscal expansion reduces unemployment and raises growth in the short run, but demographic constraints erode medium-run gains and tighten debt sustainability. The paper emphasizes reproducibility by providing Python code for simulations and sensitivity analysis.</p>
title Japan's Dual Labor Market, Insider–Outsider Dynamics, and DSGE Extensions
url https://doi.org/10.5281/zenodo.17876487