Taylor, John B. (contributor); Williams, John C. (contributor) - 2008
inter-bank lending have risen in Canada, Europe,
and Japan, at the same time as in the United States. The similarities and … relative to those for loans among Japanese
banks. Accordingly, the “negative Japan premium” or Japan discount provides … 99 00 01 02 03 04 05 06 07
Percent
3-Month TIBOR-LIBOR Spread
(Japan Premium)
Figure 11. Unlike the Japan premium in …