The purpose of this paper is to develop an experimental model which links inter-institutional flow of funds to real macroeconomy and then to estimate quantitatively the effects of changing scale of postal savings or government financial institutions on GDP. The empirical analysis indicates that...

English Abstract: According to the Public Interest Theory, the objective of regulation is for the purpose of maintaining and promoting public interest. However, in reality, the regulator does not always understand his task. He may use poor judgment in the prioritization of his goals; not act...

<p dir="rtl">תקציר בעברית: מורכבותם הלשונית והתוכנית של המסמכים הבנקאיים מובילה לחוסר שוויון אינפורמטיבי בין הבנק לבין הלקוח ויוצרת מכשול חמור בפני לקוחות המבקשים לבצע...</p>

This paper examines the institutional aspects of the Dojima rice exchange market. Especially, the role of governance mechanism was focused on. It is well known that the Dojima rice exchange market was established in 1730 in Osaka, and closed in 1869 due to the collapse of Tokugawa Shogunate. In...