Showing 3,241 - 3,250 of 3,310
This paper empirically investigates the effects of capital injections into Japanese banks, which were based on the Financial Function Stabilization Law and the Early Strengthening Law, on the capital crunch. Using financial panel data for all of the Japanese commercial banks, we estimate dynamic...
Persistent link: https://www.econbiz.de/10013097991
collusion between the regulator and banks that endangers the safety net mechanism in Japan. Statistical analysis of data on …
Persistent link: https://www.econbiz.de/10013102855
Exploiting the Japanese banking crisis of the 1990s as a laboratory, we investigate the effects of bank bailouts on the supply of credit and the performance of banks' clients. Our findings indicate that the size of capital injections relative to banks' initial financial conditions is crucial for...
Persistent link: https://www.econbiz.de/10013103007
Exploiting the Japanese banking crisis of the 1990s as a laboratory, we investigate the effects of bank bailouts on the supply of credit and on the valuations and the real performance of banks' clients. Consistent with recent theories, our findings indicate that the size of the capital...
Persistent link: https://www.econbiz.de/10013107985
How do financial development and financial integration interact? We focus on Japan's Great Recession after 1990 to … reference to prefectures' different historical pathways to financial development. After Japan's opening to trade in the 19th …, the main export hub for silk, provided silk reelers with trade loans. Many regional banks in Japan were founded as local …
Persistent link: https://www.econbiz.de/10013087279
We investigate hold-up problems in debt financing among publicly traded firms with apparently limited information asymmetries. Based on the prediction by Rajan (1992), we examine how changes in short-term bank loan ratio affect firm investment behavior. We confirm that, while investment by...
Persistent link: https://www.econbiz.de/10013014564
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 … regional banks in Japan. The first capital injection in 1997 was effective primarily in helping international banks to clear …
Persistent link: https://www.econbiz.de/10013160207
rehabilitate the U.S. banking industry. Many of those strategies were used also in Japan to combat its banking problems in the 1990 … respect to four of the others. So far the U.S. has avoided Japan's problem of having impaired banks prop up zombie firms …
Persistent link: https://www.econbiz.de/10013157151
disperse and its apprehension is complicated for a foreign reader, Japan counts on a modern, thorough and adequate group of …
Persistent link: https://www.econbiz.de/10012960405
competition effect on systemic-risk. Japan is an interesting case in this venue since its regional banking system has confronted … intensified competition and there is growing evidence that the competition has led the portfolio of Japan's regional banks to be … between competition and systemic-risk for Japan's regional banks. We find that the bank mark-up is negatively associated with …
Persistent link: https://www.econbiz.de/10012893314