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Taiki Murai

Taiki Murai is research assistant at the Institute for Economic Policy of Leipzig University.

All Works

Japanization: 30 Years of Failed Economic "Stimulus"

Labor and WagesMonetary PolicyWorld History

Real wages in Japan have been declining thanks to decades of expansionary monetary and fiscal policies. Now "Japanization" increasingly looks like a fate that awaits Europe.

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The Central Banks Lift House Prices and Rents, But Not Everywhere

Central banks have been at the center of the world's rapidly inflating housing prices.

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Japan's Lasting Stagnation Is Hidden Behind Government Statistics

Global EconomyBusiness Cycles

Creative design of statistics cannot solve the persistent crisis. The core of the problem lies in a misguided economic policy that zombifies the Japanese economy and thus undermines prosperity.

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