This study examines the effectiveness of bank recapitalization policies in Japan. Based on a reading of the "business … Japan: (1) to increase the bank capital ratios; (2) to increase write-offs of non-performing loans; (3) to increase lending … in Japan. In addition, the second round capital injection, administered in 1998, was more effective than the first round …

As Japan's financial system moves toward a more market oriented one, depositor discipline is expected to play a larger …

As Japan's financial system moves toward a more market oriented one, depositor discipline is expected to play a larger …