For the past two decades, Japan has a faced a rapidly declining fertility rate and an increase in female labor force participation. In an attempt to resolve this issue, Prime Minister Shinzo Abe implemented a reform policy known as “Abenomics”. This paper aims to examine the relationship between labor participation and fertility rates in Japan after the reform. Time-series analysis was run using data for the period 1985-2016 in Japan. Seven hypotheses were formulated in the theory chapter which are then analyzed using the regression results found in the empirical section. The two regression tests used were a system of simultaneous equations and an OLS estimator. Overall, the results indicate that there seems to be no conflict in the direction of fertility affecting labor participation after the implementation of support policies for working women. Evidence also suggests education negatively impacts fertility rates.


Michael, Charalambos (Harry)


Business Economics

Publication Date


Degree Granted

Bachelor of Arts

Document Type

Senior Independent Study Thesis



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