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The Degree of Judicial Enforcement and Credit Markets : Evidence from Japanese Household Panel Data

Horioka, Charles Yuji - 2010

In this paper, we conduct an empirical analysis of the impact of better judicial enforcement on the probability of being credit rationed, loan size, and the probability of bankruptcy using household-level data from the Japanese Panel Survey of Consumers, conducted by the Institute for Research...

Persistent link: https://www.econbiz.de/10012463019

Fiscal institutions and fiscal performance

Poterba, James M. (ed.); Hagen, Jürgen von (contributor) - 1999

Persistent link: https://www.econbiz.de/10013481090

Does Inflation Targeting Increase Output Volatility? An International Comparison of Policymakers' Preferences and Outcomes

Cecchetti, Stephen G. - 1999

Aggregate shocks that move output and inflation in opposite directions create a tradeoff between output and inflation variability, forcing central bankers to make a choice. Differences in the degree of accommodation of shocks lead to disparate variability outcomes, revealing national central...

Persistent link: https://www.econbiz.de/10012471355

Central Bank Communication and Monetary Policy : A Survey of Theory and Evidence

Blinder, Alan S. - 2008

Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real-world developments have spawned a huge new scholarly literature on central bank communication -- mostly empirical, and almost all of it written in this decade. We survey this...

Persistent link: https://www.econbiz.de/10012464715

Necessity as the Mother of Invention : Monetary Policy after the Crisis

Blinder, Alan S. - 2016

We ask whether recent changes in monetary policy due to the financial crisis will be temporary or permanent. We present evidence from two surveys--one of central bank governors, the other of academic specialists. We find that central banks in crisis countries are more likely to have resorted to...

Persistent link: https://www.econbiz.de/10012455945

Are Americans More Altruistic than the Japanese? A U.S.-Japan Comparison of Saving and Bequest Motives

Horioka, Charles Yuji - 2000

Comparative Survey of Savings in Japan and the United States,' a binational survey conducted in 1996 by the Institute for Posts … and Telecommunications Policy of the Ministry of Posts and Telecommunications of the Government of Japan, in order to shed … the dominant model of household behavior in both countries but that it is far more applicable in Japan than it is in the U …

Persistent link: https://www.econbiz.de/10012471313

The Impact of Bequest Motives on Retirement Behavior in Japan : A Theoretical and Empirical Analysis

Horioka, Charles Yuji - 2020

retirement behavior of households in Japan using micro data from the Preference Parameters Study of Osaka University. Our …

Persistent link: https://www.econbiz.de/10012479145

Is the Selfish Life-Cycle Model More Applicable in Japan and, If So, Why? A Literature Survey

Horioka, Charles Yuji - 2020

theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said … version of the selfish life-cycle model and then survey the literature on household saving and bequest behavior in Japan in …-cycle model applies to at least some extent in all countries but that there is more consistent support for this model in Japan …

Persistent link: https://www.econbiz.de/10012481173

Do Bequests Increase or Decrease Wealth Inequalities?

Horioka, Charles Yuji - 2009

This paper finds that individuals in Japan do not leave very significant bequests, that parents often require a quid …

Persistent link: https://www.econbiz.de/10012464010

A Comment on Nishimura, Nakajima, and Kiyota's "Does the natural selection mechanism still work in severe recessions? Examination of the Japanese economy in the 1990s"

Okada, Tae - 2007

Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively efficient firms exited while relatively inefficient firms survived during the banking-crisis period of 1996-97. They conclude that the natural selection mechanism (NSM) apparently...

Persistent link: https://www.econbiz.de/10012465352