Anil Khandelwal

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One group is hurting wage growth in some of the world's biggest economies

Theoretically speaking, a tighter labor market should lead to more wage growth because workers in that situation have more employment options, meaning firms that want to keep quality workers must offer more-competitive wages.<p>But neither Europe nor Japan has seen this happen, even as unemployment …

Economics

Why won't 541,000 young Japanese leave the house?

<b>(CNN) —</b> When Hideto Iwai was 16 he shut himself away in his room and refused to come out for four years.<p>Now a successful playwright, Iwai -- who talks candidly about his reclusive past -- had tried to strike out on his own at 15, but when he met with failure, his belief in both himself and the …

Japan

A 31-year-old who's been traveling the world for 5 years gives her best advice for people seeking adventure

About five years later, Ragusa has only been back to the US twice.<p>Her mission is to live on all seven continents (she doesn't yet have a plan for Antarctica), and she was just able to squeeze in Australia under a yearlong visa before she ages out of eligibility.<p>She's currently living in Darwin, …

Campervans

7 things to keep in mind when inflation returns

The problem for much of the global economy since the Financial Crisis of 2008 has been a lack of inflation. The banking system seized up, and loans were hard to come by for a couple of years. This shock hurt economic growth and knocked inflation down to near zero. Many major economies were hit with …

Economics

Majority of analysts see BOJ easing in September, changing price goal wording | Reuters

TOKYO/BENGALURU (Reuters) - A majority of economists expects the Bank of Japan will ease policy further next month, a Reuters poll found, while many respondents suspect a change in its inflation target terminology is likely.<p>A businessman walks past the Bank of Japan (BOJ) building in Tokyo, Japan, …

Economics