Showing 1 - 10 of 198
) and Hosono (2006), this paper uses bank-level data from 2000 to 2009 to examine the effectiveness in promoting bank … lending of a key element of QEP, the Bank of Japan's injections of liquidity into the interbank market. We identify a robust …, positive, and statistically significant effect of bank liquidity positions on lending, suggesting that the expansion of …
Persistent link: https://www.econbiz.de/10013122198
Persistent link: https://www.econbiz.de/10012847219
' liquidity. In this note, we identify some indicators of funds' liquidity profiles, and examine them in a sample of bank loan (BL …
Persistent link: https://www.econbiz.de/10012864629
Persistent link: https://www.econbiz.de/10009560258
Persistent link: https://www.econbiz.de/10011478199
This paper uses a unique dataset of audit trail transactions to examine the trading behavior of market makers in the Treasury bond futures market when Long-Term Capital Management (LTCM) faced binding margin constraints in 1998. Although identities are concealed in the dataset, I find strong...
Persistent link: https://www.econbiz.de/10012740001
Most microstructure models assume that market makers are uninformed and that they trade competitively. However, empirical evidence about market makers' trading behavior is still relatively scant. This paper uses a unique audit trail transactions dataset to investigate the trading behavior of...
Persistent link: https://www.econbiz.de/10012741697
China experienced a 47% expansion in higher education enrolment between 1998 and 1999, and a six-fold expansion in the … returns to higher education in China. We find that the mean years of education increased by roughly one full year around the …
Persistent link: https://www.econbiz.de/10011931700
This paper studies the impact of remittances on the savings behaviour of rural households in China, using a cross …
Persistent link: https://www.econbiz.de/10010277831
Using data from the China Urban Labor Survey conducted in five large Chinese cities at year end 2001, we quantify the …
Persistent link: https://www.econbiz.de/10009477027