Similar Search Results

Assessing the risks to the Japanese Government Bond (JGB) market

Lam, Waikei Raphael; Tokuoka, Kiichi - 2011

Persistent link: https://www.econbiz.de/10009419785

Outlook for interest rates and Japanese banks’ risk exposures under abenomics

Arslanalp, Serkan; Lam, W. Raphael - 2013

This paper examines how Japan’s long-term interest rates and Japanese banks’ interest rate risk exposures may evolve … yields in Japan are determined to a large extent by growth and inflation outlook, fiscal conditions, demography, and the … increased purchases by the Bank of Japan. At the same time, illustrative scenarios suggest the interest rate risk exposure of …

Persistent link: https://www.econbiz.de/10012667499

Scarcity effects of quantitative easing on market liquidity : evidence from the Japanese government bond market

Han, Fei; Seneviratne, Dulani - 2018

) effects of the Bank of Japan (BOJ)'s JGB purchases on market liquidity. Moreover, we also find evidence that such scarcity …

Persistent link: https://www.econbiz.de/10011852598

Japan's public sector balance sheet

Koshima, Yugo - 2019

This paper compiles and reviews the evolution of Japan's Public Sector Balance Sheet (PSBS). In the past, large …

Persistent link: https://www.econbiz.de/10012153796

Assessing the Risks to the Japanese Government Bond (JGB) Market

Lam, Raphael W. - 2011

Despite the rise in public debt, Japanese Government Bond (JGB) yields have remained low and stable, supported by steady inflows from the household and corporate sectors, high domestic ownership of JGBs, and safe-haven flows from heightened sovereign risks in Europe. Over time, however, the...

Persistent link: https://www.econbiz.de/10014397168

Fixed-Income Markets in the United States, Europe, and Japan : Some Lessons for Emerging Markets

Schinasi, Garry J. - 1998

This paper identifies factors that contributed to the development and effectiveness of debt securities markets in the major advanced economies. Government securities markets have benefited from their international orientation—debt management is most effective when it is independent of monetary...