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本論文では,日本の上場企業のデータを用いて,資本財の多様性・異質性を前提としたMultiple q...
Persistent link: https://www.econbiz.de/10008679195
This paper examines whether the stock split bubble in Japan burst by not only reformed system, but also Livedoor-shock. It is difficult to identify the effects of the both events, because they occurred in the same month (January, 2006). Thus, I identify both effects by dividing the samples into...
Persistent link: https://www.econbiz.de/10009323619
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The Bank of Japan adopted the Quantitative Easing (QE) Policy from March 2001 to March 2006. This paper investigates whether or not this QE had an effect in stimulating real economy in Japan. The identification of policy effect in the above Japanese case enables us to evaluate indirectly the...
Persistent link: https://www.econbiz.de/10009021929
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Persistent link: https://www.econbiz.de/10008496344
reform policies subsequent to the Asian crisis. The estimation analysis of the panel data for the period 1994-2005 reveals … social and political elements before the Asian financial crisis; however, these influences were not found in the estimation … reforms.However, the estimation results show that other policy tasks remain. First, insufficient collateral may become a …
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