Japanese banking crisis. By leveraging a unique dataset merging firm-level financial statements and bank balance sheets, the …

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 … a panel of individual bank data, we empirically estimate the effectiveness of the Japanese government policy of public …

This study examines the effectiveness of bank recapitalization policies in Japan. Based on a careful reading of the … injection plan in Japan: 1) to increase the bank capital ratios 2) to increase lending, in particular to small and medium …. Using a panel of individual bank data, we empirically estimate the effectiveness of the Japanese government policy of public …

bank regulatory capital ratios and capital injections on bank loans and firm's investments vary across firms, depending on … with a bank's capital ratio or capital injection is positive and significant, implying that the effect of capital … injections on bank loans and investments is larger for high-productive firms than it is for low-productive firms. Counterfactual …