Uesugi, Iichiro; Sakai, Koji; Yamashiro, Guy M. - Research Institute of Economy, Trade and Industry (RIETI) - 2006
From 1998-2001, the Japanese government, in an effort to stimulate the flow of funds to the small business sector, implemented a massive credit guarantee program that was unprecedented in both scale and scope. Because the program was accessible by nearly every small firm we are able to clearly...