Montgomery, Heather; Takahashi, Yuki - Volkswirtschaftliche Fakultät, … - 2011
Big Bang brought about a massive consolidation of Japan’s already relatively concentrated banking sector. Japan’s “Top 20 … Japanese “Big Bang” deregulation from its start in 1996 to completion in 2001, and the following eight years. On profitability …, we find that the banking sector as a whole did not become more profitable than the pre-deregulation period. Rather, we …