profit margins and stable export sales when the valueof the yen fluctuates. We find that Japanese firms tend tostrike a … the extent of these changes byaltering their profit margins. For Japanese exporters producingindustrial machinery …

supply of motivated workers makes the non-profit form more attractive tomanagers. We show that if firms had to compete for … motivated workers then not-for-profit firms would becompeted out by for-profit firms. Therefore, in the choice between not-for-profit … and for-profit provision, otherthan incentive problems, the distribution of rents between management and workers, and …

bankingindustry. This goal is served by taking a broad view of thepayments business and analyzing information provided bylarge bank …

length of time between bank examinations affects thequality of information available to supervisors. For thesepurposes, we … condition of a bank. Our analysisassumes that examination information incorporates twotypes of data: information available from … information that can be obtained onlythrough on-site examinations, such as confidential informationabout a bank’s troubled assets …

[...]The most obvious possible, and undesirable,impact on bank behaviour of risk-weighted capital requirementsis that …

[...]This paper examines the impact that the PCAstandards had on bank portfolios following the passage ofFDICIA in 1991 … (1997) to study the impactof risk-based capital, is used to examine how PCA simultaneouslyinfluenced bank capital ratios and … capitaland portfolio risk is explicitly recognized, and as such, theimpact of possible changes in bank capital ratios on risk ina …

Bank supervisors have long recognized two types of shortcomingsin the Basle Accord’s risk-based capital (RBC …)framework. First, the regulatory measures of “capital” maynot represent a bank’s true capacity to absorb unexpectedlosses. Deficiencies …