Inakura, Noriko; Shimizutani, Satoshi; Paprzycki, Ralph - Institute of Economic Research, Hitotsubashi University - 2005
As Japan's financial system moves toward a more market oriented one, depositor discipline is expected to play a larger role in the monitoring of the country's banks. Relying on detailed survey data on households' bank switching behavior matched with banks' financial data, we examine households'...