Masaaki Shirakawa is a distinguished guest professor at Aoyama Gakuin University in Tokyo and a former governor of the Bank of Japan.
Truly 'virtuous' cycle of rising wages and prices depends on productivity growth
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It is worth asking what the Bank of Japan means by a "virtuous cycle between wages and prices." (Photo by Koji Ueda)
Masaaki Shirakawa is a distinguished guest professor at Aoyama Gakuin University in Tokyo and a former governor of the Bank of Japan.