The Structural-Demographic State of Japan III

Well-being/Immiseration Trends

This is the third post in this series. Part I, Part II.

Having discussed the structure and dynamics of the Japanese elites, I now turn to the analysis of general (non-elite) population. The first question is what’s happening with the wealth pump. As a reminder, the wealth pump is quantified by dividing typical (median) wage by GDP per capita.