Interesting graph-of-the-week over at Japan Economy & News Blog:
Click here to see it full size.
I know I am probably saying something profoundly stupid here...but I am intrigued by the sharp inflection point at 2001. Almost all lines either suddenly dip or dramatically reverse in that year, for all the age cohorts. Had I been asked to hazard a guess about the trends, I would guessed that the changes would be slurred over a couple years or that all of the lines would have plateaued for a brief period.
In the year 2001, the year Koizumi rose to power, the deck was reshuffled.
Graph courtesy: Ken Worsley, Japan Economy News & Blog.
Tokyo’s Test: Policy vs. Demographics
1 hour ago