| IMES Discussion Paper Series is circulated in order to stimulate discussion and comments. Views expressed in Discussion Paper Series are those of authors and do not necessarily reflect those of the Bank of Japan or the Institute for Monetary and Economic Studies. |
INDEX
2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Click here for the whole list of thesis including in and after Oct.2010
List for Each Publishing Year (on the Bank of Japan Web Site)
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2010-E-23
|
Selahattin Imrohoroglu and Nao Sudo |
|
2010/9
|
|
|
2010-E-22
|
Jouchi Nakajima, Nao Sudo, and Takayuki Tsuruga |
|
2010/9
|
|
|
2010-E-21
|
Shigenori Shiratsuka, Wataru Takahashi, Yuki Teranishi, and Kozo Ueda |
Future of Central Banking under Globalization: Summary of the 2010 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan
|
2010/9
|
|
|
2010-E-20
|
Pierre-Olivier Gourinchas, Helene Rey, and Nicolas Govillot |
|
2010/8
|
|
|
2010-E-19
|
Makoto Saito, Shiba Suzuki, and Tomoaki Yamada |
|
2010/8
|
|
|
2010-E-18
|
Franklin Allen and Elena Carletti |
|
2010/7
|
|
|
2010-E-17
|
Pierpaolo Benigno and Ester Faia |
|
2010/7
|
|
|
2010-E-16
|
Kozo Ueda |
|
2010/7
|
|
|
2010-E-15
|
William R. White |
|
2010/7
|
|
|
2010-E-14
|
Bennett T. McCallum |
|
2010/7
|
|
|
2010-E-13
|
Naohisa Hirakata, Nao Sudo, and Kozo Ueda |
|
2010/7
|
|
|
2010-E-12
|
Kozo Ueda |
|
2010/7
|
|
|
2010-E-11
|
Ippei Fujiwara, Tomoyuki Nakajima, Nao Sudo, and Yuki Teranishi |
Global Liquidity Trap
/Zero Interest Rate Policy; Two-country Model; International Spillover; Monetary Policy Coordination
|
2010/7
|
|
|
2010-E-10
|
Satoshi Yamashita and Toshinao Yoshiba |
|
2010/6
|
|
|
2010-E-9
|
Yoshihiko Sugihara and Nobuyuki Oda |
|
2010/6
|
|
|
2010-E-8
|
Tetsuya Yamada |
|
2010/6
|
|
|
2010-E-7
|
Yasushi Asako |
|
2010/5
|
|
|
2010-E-6
|
Jouchi Nakajima, Shigenori Shiratsuka, and Yuki Teranishi |
|
2010/3
|
|
|
2010-E-5
|
R. Anton Braun and Lena Mareen Koerber |
|
2010/3
|
|
|
2010-E-4
|
Hiroshi Fujiki |
|
2010/3
|
|
|
2010-E-3
|
Ippei Fujiwara and Kozo Ueda |
|
2010/3
|
|
|
2010-E-2
|
Klaus Adam and Albert Marcet |
Booms and Busts in Asset Prices |
2010/2
|
|
|
2010-E-1
|
Yasushi Asako |
|
2010/2
|
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
2009-E-32 |
Jouchi Nakajima,
Tsuyoshi Kunihama,
Yasuhiro Omori,
and Sylvia Früwirth-Scnatter |
Generalized Extreme Value Distribution with Time-Dependence Using the AR and MA Models in State Space Form
/Extreme values; Generalized extreme value distribution; Markov chain Monte Carlo; Mixture sampler; State space model; Stock returns |
2009/11 |
|
2009-E-31 |
Ippei Fujiwara,
Nao Sudo,
and Yuki Teranishi |
Global Liquidity Trap: A Simple Analytical Investigation
/Optimal Monetary Policy Cooperation; Zero Lower Bound |
2009/11 |
|
2009-E-30 |
Naohisa Hirakata,
Nao Sudo,
and Kozo Ueda |
Chained Credit Contracts and Financial Accelerators
/Chain of Credit Contracts; Net Worth of Financial Intermediaries; Cross-sectional Net Worth Distribution; Financial Accelerator effect |
2009/11 |
|
2009-E-29 |
Keisuke Otsu |
International Business Cycle Accounting
/Business Cycle Accounting; International Business Cycles |
2009/11 |
|
2009-E-28 |
Keisuke Otsu |
Accounting for Japanese Business Cycles: a Quest for Labor Wedges
/Business Cycle Accounting; Japanese Labor Market |
2009/11 |
|
2009-E-27 |
Hiroshi Fujiki, and Migiwa Tanaka |
Demand for Currency, New Technology and the Adoption of Electronic Money: Evidence Using Individual Household Data
/Currency Demand; Transaction Demands for Money; Electronic Money |
2009/11 |
|
2009-E-26 |
Masazumi Hattori, and
Kazuhiko Ohashi |
Incentives to Issue Low-Quality Securitized Products in the OTD Business Model
/Originate-to-distribute; Securitization; Asymmetric information; Screening; Verification |
2009/11 |
|
2009-E-25 |
Shigenori Shiratsuka |
Size and Composition of the Central Bank Balance Sheet:Revisiting Japan's Experience of the Quantitative Easing Policy
/Quantitative easing; Credit easing; Unconventional monetary policy; Central bank balance sheet |
2009/11 |
|
|
2009-E-24
|
Ichiro Fukunaga, Naohisa Hirakata and Nao Sudo |
The Effects of Oil Price Changes on the Industry-Level Production and Prices in the U.S. and Japan
/Oil price; Identified VAR; Industry-level data; Japan |
2009/10
|
|
|
2009-E-23
|
Daisuke Nagakura |
Inconsistency of a Unit Root Test against Stochastic Unit Root Processes
/Locally Best Invariant Test; Consistency; Dickey-Fuller Test; LBI; RCA; STUR |
2009/10
|
|
|
2009-E-22
|
Takashi Nanjo and Makoto Kasuya |
Part-Paid Stock, Corporate Finance, and Investment: Economic Consequences of the Part-Paid Stock System and Supplementary Installments in the Early 1930s of Japan
/part-paid stock; joint-stock company; corporate finance; investment; financial system; interwar period; Great Depression |
2009/9
|
|
|
2009-E-21
|
Ichiro Fukunaga and Masashi Saito |
Asset Prices and Monetary Policy
/asset prices; monetary policy; financial frictions; policy tradeoffs |
2009/9
|
|
|
2009-E-20
|
Shigenori Shiratsuka, Wataru Takahashi, and Kozo Ueda |
Financial System and Monetary Policy Implementation: Summary of the 2009 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan |
2009/8
|
|
|
2009-E-19
|
Masazumi Hattori, Hyun Song Shin, and Wataru Takahashi |
A Financial System Perspective on Japan's Experience in the Late 1980s
/Balance sheet; Commitment; Credit supply; Financial liberalization; Financial system perspective; Japan; Subprime crisis |
2009/8
|
|
|
2009-E-18
|
Maurice Obstfeld |
Lenders of Last Resort in a Globalized World
/Lender of Last Resort; Financial Crisis; Central Banking; International Monetary System; International Monetary Fund |
2009/8
|
|
|
2009-E-17
|
Bennett T. McCallum |
The Role of 'Determinacy' in Monetary Policy Analysis
/Determinacy; Learnability; Rational Expectations; Multiple Solutions; Monetary Policy |
2009/8
|
|
|
2009-E-16
|
Toshihiko Mukoyama |
On the Establishment Dynamics in the United States and Japan
/Establishment Dynamics; Sectoral Composition; Industry Dynamics Model; Reallocation |
2009/7
|
|
|
2009-E-15
|
Mariko Hatase and Mari Ohnuki |
Did the Structure of Trade and Foreign Debt Affect Reserve Currency Composition?Evidence from Interwar Japan
/Foreign Exchange Reserves; Gold Exchange Standard; Exchange Rate; Trade Strucutre; Debt Structure; Japan |
2009/6
|
|
|
2009-E-14
|
Yuki Teranishi |
Credit Spread and Monetary Policy
/Credit spread; optimal monetary policy |
2009/6
|
|
|
2009-E-13
|
Jouchi Nakajima, Munehisa Kasuya, and Toshiaki Watanabe |
Bayesian Analysis of Time-Varying Parameter Vector Autoregressive Model for the Japanese Economy and Monetary Policy
/Bayesian inference; Markov chain Monte Carlo; Monetary policy; State space model; Structural vector autoregressive model; Stochastic volatility; Time-varying parameter |
2009/5
|
|
|
2009-E-12
|
Rasmus Fatum |
Official Japanese Intervention in the JPY/USD Exchange Rate Market: Is It Effective and Through Which Channel Does It Work?
/Exchange Rates; Foreign Exchange Market Intervention; Channels of Transmission |
2009/3
|
|
|
2009-E-11
|
Daisuke Nagakura and Toshiaki Watanabe |
A State Space Approach to Estimating the Integrated Variance and Microstructure Noise Component
/Realized Variance; Integrated Variance; Microstructure Noise |
2009/3
|
|
|
2009-E-10
|
Jouchi Nakajima and Yuki Teranishi |
The Evolution of Loan Rate Stickiness Across the Euro Area
/banking integration; sticky loan interest rate; Bayesian analysis; time-varying regression; Markov chain Monte Carlo |
2009/3
|
|
|
2009-E-9
|
Ippei Fujiwara and Yuki Teranishi |
Financial Stability in Open Economies
/optimal monetary policy; policy coordination; global banking; international staggered loan contracts |
2009/3
|
|
|
2009-E-8
|
Kozo Ueda |
Determinants of Households' Inflation Expectations
/expected inflation; structured vector autoregression; monetary policy |
2009/3
|
|
|
2009-E-7
|
Takashi Shibata and Tetsuya Yamada |
Dynamic Model of Credit Risk in Relationship Lending:A Game-theoretic Real Options Approach
/Credit risk; Relationship lending; Real option; Game theory; Concentration risk |
2009/3
|
|
|
2009-E-6
|
Chih-nan Chen, Tsutomu Watanabe, and Tomoyoshi Yabu |
A New Method for Identifying the Effects of Foreign Exchange Interventions
/Foreign exchange intervention; Intraday data; Markov-chain Monte Carlo method; Endogeneity problem; Temporal aggregation |
2009/2
|
|
|
2009-E-5
|
Kozo Ueda |
Central Bank Communication and Multiple Equilibria
/Transparency; disclosure; coordination |
2009/2
|
|
|
2009-E-4
|
Michio Suzuki |
Consumption Smoothing without Secondary Markets for Small Durable Goods
/Durable Goods; Irreversibility; Consumption Insurance |
2009/2
|
|
|
2009-E-3
|
Patrick McGuire |
Bank Ties and Firm Performance in Japan:Some Evidence since FY2002
/Cross-Shareholding; Main Bank; Japanese Banks; Firm Performance |
2009/1
|
|
|
2009-E-2
|
Matthew Brzozowski, Martin Gervais,Paul Klein, and Michio Suzuki |
Dimensions of Inequality in Canada
/Income Inequality; Consumption Inequality; Wealth Inequality |
2009/1
|
|
|
2009-E-1
|
Naohisa Hirakata and Nao Sudo |
|
2009/1
|
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2008-E-25
|
Nao Sudo and Yuki Teranishi |
Optimal Monetary Policy under Imperfect Financial Integration
/optimal monetary policy; financial integration; heterogeneous financial market; staggered loan contracts |
2008/12
|
|
|
2008-E-24
|
Daisuke Nagakura |
How Are Shocks to Trend and Cycle Correlated?A Simple Methodology for Unidentified Unobserved Components Models
/Business Cycle Analysis; Trend; Cycle; Permanent Component; Transitory Component; Unobserved Components Model |
2008/10
|
|
|
2008-E-23
|
Jouchi Nakajima |
EGARCH and Stochastic Volatility:Modeling Jumps and Heavy-tails for Stock Returns
/Bayesian analysis; EGARCH; Heavy-tailed error; Jumps; Marginal likelihood; Markov chain Monte Carlo; Stochastic volatility |
2008/9
|
|
|
2008-E-22
|
Ippei Fujiwara, Keisuke Otsu, and Masashi Saito |
The Global Impact of Chinese Growth
/Productivity; Terms of Trade; Growth; Open Economy |
2008/9
|
|
|
2008-E-21
|
Ippei Fujiwara |
Growth Expectation
/Expectations; Equilibrium Business Cycle; Technological Progress |
2008/9
|
|
|
2008-E-20
|
Tomohiro Sugo and Yuki Teranishi |
The Zero Interest Rate Policy
/Zero Interest Rate Policy; Optimal Interest Rate Rule |
2008/8
|
|
|
2008-E-19
|
Hirokazu Ishise and Nao Sudo |
Inventory-Theoretic Model of Money Demand, Multiple Goods, and Price Dynamics
/Baumol-Tobin model; Durable; Luxury; Credit goods; Monetary policy |
2008/8
|
|
|
2008-E-18
|
Ippei Fujiwara, Kazuo Fukuda, Ichiro Muto,Yosuke Shigemi, and Wataru Takahashi |
Frontiers in Monetary Theory and Policy:Summary of the 2008 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan |
2008/8
|
|
|
2008-E-17
|
Hiroshi Fujiki and Cheng Hsiao |
Aggregate and Household Demand for Money: Evidence from Public Opinion Survey on Household Financial Assets and Liabilities
/Demand for Money; Aggregation; Heterogeneity |
2008/7
|
|
|
2008-E-16
|
Ippei Fujiwara, Yasuo Hirose, and Mototsugu Shintani |
Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach
/Bayesian Estimation; Business Cycles; News; Total Factor Productivity (TFP) |
2008/7
|
|
|
2008-E-15
|
Nao Sudo |
Sectoral Co-Movement, Monetary-Policy Shock, and Input-Output Structure
/Monetary Policy; Input-Output Matrix; Durables; Non-durables |
2008/7
|
|
|
2008-E-14
|
John B. Taylor |
The Way Back to Stability and Growth in the Global Economy
The Mayekawa Lecture |
2008/7
|
|
|
2008-E-13
|
Toshitaka Sekine and Yuki Teranishi |
Inflation Targeting and Monetary Policy Activism
/Inflation-targeting Policy; Monetary Policy Activism; New Keynesian Model; Markov chain Monte Carlo; Time-varying Parameter with Stochastic Volatility Model |
2008/7
|
|
|
2008-E-12
|
Kris James Mitchener and Mari Ohnuki |
Institutions, Competition, and Capital Market Integration in Japan
/Financial Market Development; Capital Market Integration; Economic Integration; Japanese Banks |
2008/7
|
|
|
2008-E-11
|
Ippei Fujiwara and Yuki Teranishi |
Real Exchange Rate Dynamics under Staggered Loan Contracts
/Financial Market Imperfections; Real Exchange Rates; Staggered Loan Contracts |
2008/6
|
|
|
2008-E-10
|
Graciela L. Kaminsky |
Crises and Sudden Stops: Evidence from International Bond and Syndicated-Loan Markets
/contagion; financial integration; globalization; international primary issuance; sudden stops |
2008/6
|
|
|
2008-E-9
|
Mototsugu Shintani, Tomoyoshi Yabu, and Daisuke Nagakura |
Spurious Regressions in Technical Trading: Momentum or Contrarian?
/Efficient market hypothesis; Nonstationary time series; Random walk; Technical analysis |
2008/6
|
|
|
2008-E-8
|
Yuki Teranishi |
Optimal Monetary Policy under Staggered Loan Contracts
/Staggered Loan Interest Rate Contract; Optimal Monetary Policy; Economic Fluctuation |
2008/5
|
|
|
2008-E-7
|
Charles W. Mooney, Jr. |
Law and Systems for Intermediated Securities and the Relationship of Private Property Law to Securities Clearance and Settlement: United States, Japan, and the UNIDROIT Draft Convention
/book-entry; central securities depository; intermediary; securities; securities account; security interest; settlement |
2008/5
|
|
|
2008-E-6
|
Kiyohito Utsunomiya |
Economic Fluctuations in Japan during the Interwar Period -Re-estimation of the LTES Personal Consumption Expenditures-
/Japanese Economy; Interwar Period; Showa Depression; Great Depression; Personal Consumption; National Accounts; Deflator; Imputation |
2008/4
|
|
|
2008-E-5
|
Mario J. Crucini, Mototsugu Shintani, and Takayuki Tsuruga |
Accounting for Persistence and Volatility of Good-level Real Exchange Rates: The Role of Sticky Information
/Good-level Real Exchange Rates; Law of One Price; Sticky Information; Dynamic Panel |
2008/3
|
|
|
2008-E-4
|
Laurence Ball |
Helicopter Drops and Japan's Liquidity Trap
/Helicopter Drop; Liquidity Trap; Deflation |
2008/3
|
|
|
2008-E-3
|
Shigeaki Fujiwara |
Credit Risk Assessment Considering Variations in Exposure :Application to Commitment Lines
/Commitment lines; Probability of default; Loss given default; Exposure at default; Expected loss; Unexpected loss |
2008/2
|
|
|
2008-E-2
|
Migiwa Tanaka |
Deflation in Durable Goods Markets:An Empirical Model of the Tokyo Condominium Market
/Durable Goods; Dynamic Oligopoly; Housing Market |
2008/2
|
|
|
2008-E-1
|
Ichiro Muto |
|
2008/1
|
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2007-E-21
|
Satoshi Yamashita and Toshinao Yoshiba |
|
2007/12
|
|
|
2007-E-20
|
Daisuke Nagakura |
Testing for Coefficient Stability of AR(1) Model When the Null is an Integrated or a Stationary Process
/Random Coefficient Autoregressive Model; Stability; Constancy |
2007/11
|
|
|
2007-E-19
|
Masazumi Hattori and Hyun Song Shin |
The Broad Yen Carry Trade
/Yen carry trade; liquidity; risk appetite; monetary policy |
2007/10
|
|
|
2007-E-18
|
Marvin Goodfriend |
Monetary Policy in East Asia : Common Concerns
/East Asia; Monetary Policy; Banking Policy; Exchange Rates; Trade Balance; International Reserves |
2007/9
|
|
|
2007-E-17
|
Kris James Mitchener and Mari Ohnuki |
|
2007/8
|
|
|
2007-E-16
|
Keisuke Otsu |
|
2007/8
|
|
|
2007-E-15
|
George W. Evans |
|
2007/8
|
|
|
2007-E-14
|
Sanghoon Ahn and Jong-Wha Lee |
|
2007/8
|
|
|
2007-E-13
|
Michael B Devereux |
|
2007/8
|
|
|
2007-E-12
|
Hiroshi Fujiki and Akiko Terada-Hagiwara |
|
2007/8
|
|
|
2007-E-11
|
Maurice Obstfeld |
|
2007/8
|
|
|
2007-E-10
|
Bennett T. McCallum |
|
2007/8
|
|
|
2007-E-9
|
Ippei Fujiwara, Naoko Hara, Naohisa Hirakata, Takeshi Kimura, and Shinichiro Watanabe |
|
2007/7
|
|
|
2007-E-8
|
Ichiro Muto |
|
2007/6
|
|
|
2007-E-7
|
Ippei Fujiwara and Naohisa Hirakata |
|
2007/6
|
|
|
2007-E-6
|
Naohiko Baba and Masakazu Inada |
|
2007/5
|
|
|
2007-E-5
|
Sachiko Kuroda and Isamu Yamamoto |
|
2007/4
|
|
|
2007-E-4
|
Ippei Fujiwara and Yuki Teranishi |
|
2007/3
|
|
|
2007-E-3
|
Naohiko Baba, Masakazu Inada, Yasuo Maeda |
|
2007/3
|
|
|
2007-E-2
|
Arata Ito, Tsutomu Watanabe, Tomoyoshi Yabu |
|
2007/2
|
|
|
2007-E-1
|
Keisuke Otsu |
|
2007/1
|
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2006-E-29
|
Kenshi Taketa and Gregory F. Udell |
Lending Channels and Financial Shocks: The Case of SME Trade Credit and the Japanese Banking Crisis
/Trade Credit; Credit Crunch |
2006/12
|
|
|
2006-E-28
|
Sachiko Kuroda and Isamu Yamamoto |
Why are Nominal Wages Downwardly Rigid, but Less So in Japan?: An Explanation based on Behavioral Economics and Labor Market/Macroeconomic Differences
/Downward nominal wage rigidity; Behavioral economics; Labor mobility; Employment protection legislation; Inflation rate; Indexation |
2006/11
|
|
|
2006-E-27
|
Mari Ohnuki |
|
2006/11
|
|
|
2006-E-26
|
Keisuke Otsu |
A Neoclassical Analysis of the Korean Crisis
/Korean Crisis; Neoclassical Model; Small Open Economy; Total Factor Productivity; Financial Crisis |
2006/11
|
|
|
2006-E-25
|
Ichiro Muto |
Can the New Keynesian Phillips Curve Explain Japanese Inflation Dynamics? A Labor Share Correction Approach
/New Keynesian Phillips Curve; Real Marginal Cost; Labor Adjustment Cost; Material Price; Real Wage Rigidity; Inflation Persistence |
2006/11
|
|
|
2006-E-24
|
Hiroshi Fujiki and Howard J. Wall |
Controlling for Geographic Dispersion When Estimating the Japanese Phillips Curve
/Japanese Phillips curve |
2006/11
|
|
|
2006-E-23
|
Bill Dupor, Tomiyuki Kitamura, Takayuki Tsuruga |
Do Sticky Prices Need to Be Replaced with Sticky Information?
/Inflation; Sticky Price Model; Sticky Information Model; Labor Share |
2006/10
|
|
|
2006-E-22
|
Alessandra Fogli and Fabrizio Perri |
The Great Moderation and the US External Imbalance
/Business Cycle Volatility; Precautionary Saving; Current Account; Net Foreign Asset Position |
2006/9
|
|
|
2006-E-21
|
Jun Pan and Kenneth J. Singleton |
Interpreting Recent Changes in the
Credit Spreads of Japanese Banks
/default risk premium; credit default swap; Japanese banks; zero interest rate policy; event risk |
2006/9
|
|
|
2006-E-20
|
Howard J. Wall |
Regional Business Cycle Phases in Japan
/Markov-switching; regional business cycles; Japan |
2006/9
|
|
|
2006-E-19
|
Gauti B. Eggertsson and Benjamin Pugsley |
The Mistake of 1937: A General Equilibrium Analysis
/deflation; zero bound on interest rates; regime changes; Great Depression |
2006/8
|
|
|
2006-E-18
|
Simon Gilchrist and Masashi Saito |
Expectations, Asset Prices, and Monetary Policy: The Role of Learning
/monetary policy, asset prices, financial market imperfections, technology growth, imperfect information |
2006/8
|
|
|
2006-E-17
|
Glenn D. Rudebusch,
Eric T. Swanson, and Tao Wu |
The Bond Yield "Conundrum" from a Macro-Finance Perspective
/Term Structure; Term Premium; Bond Pricing; Affine No-Arbitrage Model |
2006/7
|
|
|
2006-E-16
|
Naohiko Baba |
Financial Market Functioning and Monetary Policy:Japan's Experience
/Bank of Japan; Term Structure of Interest Rates; Zero Lower Bound; Zero Interest Rates; Quantitative Monetary Easing Policy; Bank Risk Premium |
2006/7
|
|
|
2006-E-15
|
Maurice Obstfeld |
Implications for the Yen of Japanese Current Account Adjustment
/Current Account Adjustment; International Capital Flows; Japanese Yen Exchange Rate |
2006/7
|
|
|
2006-E-14
|
Bennett T. McCallum |
Misconceptions Regarding the Zero Lower Bound on Interest Rates
/Interest Rates; Zero Lower Bound; Quantitative Easing; Expectations; Deflation Trap; Liquidity Trap |
2006/7
|
|
|
2006-E-13
|
Yoshifumi Muroi |
Pricing of Credit Derivatives with the Asymptotic Expansion Approach
/Defaultable bond, counterparty credit risk, credit default swap, swaption, asymptotic expansion method, basket swap, Malliavin calculus |
2006/7
|
|
|
2006-E-12
|
Hiroshi Fujiki and Etsuro Shioji |
Bank Health Concerns, Low Interest Rates and Money Demand: Evidence from the "Public Opinion Survey on Household Financial Assets and Liabilities"
/Money demand; Low interest rates; Concern for the soundness of private financial institutions; Micro data; Self-selection bias; Personal financial education; Extensive margin; Intensive margin |
2006/7
|
|
|
2006-E-11
|
Masashi Saito |
Changes in Perceptions of the Future: Macroeconomic Implications
/Technology growth, regime switching, filtering, nonlinear impulse response, propagation |
2006/6
|
|
|
2006-E-10
|
Andrew K. Rose |
Well-Being in the Small and in the Large
/population, empirical, data, national, country, scale, size. |
2006/6
|
|
|
2006-E-9
|
Steven Li |
The Arbitrage Efficiency of Nikkei 225 Options Market: A Put-call Parity Analysis
/Put-call parity, market efficiency, Nikkei 225 options |
2006/6
|
|
|
2006-E-8
|
Masashi Une and Masayuki Kanda |
Year 2010 Issues on Cryptographic Algorithms
/cryptographic algorithm, symmetric cipher, asymmetric cipher, security, Year 2010 issues, hash function |
2006/6
|
|
|
2006-E-7
|
Xinghua Yu |
Competing Risk Analysis of Japan's Small Financial Institutions
/Competing Risks Duration Models, Identification, Maximum Likelihood Estimator, Bankruptcy and Merger, Credit Cooperatives in Japan |
2006/3
|
|
|
2006-E-6
|
Takeshi Amemiya and Xinghua Yu |
Endogenous Sampling and Matching Method in Duration Models
/Duration Models, Endogenous Sampling with Matching, Maximum Likelihood Estimator, Manski Lerman Estimator, Asymptotic Distribution |
2006/3
|
|
|
2006-E-5
|
Ichiro Fukunaga |
|
2006/2
|
|
|
2006-E-4
|
Yasuhiro Arikawa, Kumi Suzuki-Loffelholz, and Kenshi Taketa |
|
2006/1
|
|
|
2006-E-3
|
Shiu-Sheng Chen and Kenshi Taketa |
|
2006/1
|
|
|
2006-E-2
|
Pierre Perron and Tomoyoshi Yabu |
|
2006/1
|
|
|
2006-E-1
|
Pierre Perron and Tomoyoshi Yabu |
|
2006/1
|
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2005-E-18
|
Takayuki Tsuruga |
|
2005/12
|
|
|
2005-E-17
|
Maria Pia Iannariello, Hanan Morsy, and Akiko Terada-Hagiwara |
|
2005/12
|
|
|
2005-E-16
|
Keiichi Tanaka, Takeshi Yamada, Toshiaki Watanabe |
|
2005/11
|
|
|
2005-E-15
|
Akiko Terada-Hagiwara |
|
2005/11
|
|
|
2005-E-14
|
Ichiro Fukunaga |
|
2005/10
|
|
|
2005-E-13
|
Francesco Giavazzi, Tullio Jappelli, Marco Pagano, and Marina Benedetti |
Searching for Non-Monotonic Effects of Fiscal Policy:New Evidence
/Fiscal policy; national saving
|
2005/9
|
|
|
2005-E-12
|
Kenneth Kletzer |
International Financial Integration, Sovereignty, and Constraints on Macroeconomic Policies
/International financial integration; sovereignty; tax smoothing; nominal public debt; monetary policy
|
2005/9
|
|
|
2005-E-11
|
Guillaume Plantin, Haresh Sapra, and Hyun Song Shin |
Marking to Market, Liquidity, and Financial Stability
/Marking to market; accounting regime; monetary policy; financial stability |
2005/9
|
|
|
2005-E-10
|
Jean-Charles Rochet |
Prudential Policy
/Banking Supervision; Prudential Regulation; Financial Stability |
2005/9
|
|
|
2005-E-9
|
Barry Eichengreen and Mariko Hatase |
Can a Rapidly-Growing Export-Oriented Economy Smoothly Exit an Exchange Rate Peg? Lessons for China from Japan's High-Growth Era
/China, Japan, exchange rate, peg, exports, investment |
2005/8
|
|
|
2005-E-8
|
Maurice Obstfeld |
America's Deficit, the World's Problem
/Current account adjustment; international capital flows; exchange rates |
2005/7
|
|
|
2005-E-7
|
Bennett T. McCallum |
What is the Proper Perspective for Monetary Policy Optimality?
/policy rules; dynamic inconsistency; timeless perspective
|
2005/7
|
|
|
2005-E-6
|
Akira Otani, Shigenori Shiratsuka, and Toyoichiro Shirota |
Revisiting the Decline in the Exchange Rate Pass-Through:Further Evidence from Japan's Import Prices
/Exchange rate pass-through, Pricing-to-market, Import structure, Expenditure-switching effect, Firms' sourcing decision.
|
2005/7
|
|
|
2005-E-5
|
Jurgen von Hagen |
|
2005/7
|
|
|
2005-E-4
|
Hiroshi Fujiki |
|
2005/7
|
498KB PDF
|
|
2005-E-3
|
Luc Bauwens |
|
2005/3
|
1,000KB PDF
|
|
2005-E-2
|
Sachiko Kuroda and Isamu Yamamoto |
|
2005/3
|
343KB PDF
|
|
2005-E-1
|
Hiroshi Fujiki,
Masayuki Nakakuki |
|
2005/1
|
235KB PDF
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2004-E-23
|
Kenshi Taketa |
|
2004/12
|
|
|
2004-E-22
|
Kenshi Taketa |
|
2004/12
|
|
|
2004-E-21
|
Yasushi Iwamoto |
|
2004/10
|
|
|
2004-E-20
|
William R. Easterly |
|
2004/10
|
|
|
2004-E-19
|
Kunio Okina, Shigenori Shiratsuka |
|
2004/9
|
|
|
2004-E-18
|
Bennett T. McCallum |
|
2004/8
|
|
|
2004-E-17
|
Franklin Allen,
Hiroko Oura |
Sustained Economic Growth and the Financial System
/Growth, Crises, Bubbles, Contagion, Financial fragility |
2004/8
|
|
|
2004-E-16
|
Assaf Razin,
Efraim Sadka |
Privatizing Social Security: A Political-Economy Approach
/Dependency ratio, Median voter, Privatization, Individual saving accounts |
2004/8
|
|
|
2004-E-15
|
Vincent R. Reinhart |
|
2004/8
|
|
|
2004-E-14
|
Maurice Obstfeld |
|
2004/8
|
|
|
2004-E-13
|
Hiroyuki Oi,
Shigenori Shiratsuka,
Toyoichiro Shirota |
On Long-Run Monetary Neutrality in Japan
/Long-run monetary neutrality, Long-term time-series data, Structural changes, Unit root tests, Bivariate structural VAR |
2004/8
|
|
|
2004-E-12
|
Hiroshi Fujiki,
Kiyoshi Watanabe |
|
2004/8
|
|
|
2004-E-11
|
Ulrike Schaede |
The "Middle Risk Gap" and Financial System Reform: Small Firm Financing in Japan
/Middle market, Interest rates, Japan, small firm financing,@government lending, securitization, banking reform |
2004/7
|
|
|
2004-E-10
|
Takuji Kawamoto |
Technology Shocks and the Role of Monetary Policy in the Beauty Contest Monetarist Model
/Technology Shocks; Imperfect Common Knowledge; Employment; Inflation; and Monetary Policy |
2004/7
|
|
|
2004-E-9
|
Ryoji KOIKE |
Japan's Foreign Direct Investment and Structural Changes in Japan and East Asia Trade
/Foreign direct investment (FDI), gravity equation, trade structure, vertical specialization, horizontal specialization, fragmentation |
2004/6
|
|
|
2004-E-8
|
Yukinobu Kitamura |
Information Contents of Inflation Indexed Bond Prices: Evaluation of U.S. Treasury Inflation-Protection Securities
/Inflation Indexed Bond; Expected Inflation Rate; Real Yield |
2004/6
|
|
|
2004-E-7
|
Hiroshi Fujiki,
Kunio Okina,
Shigenori Shiratsuka
|
Comments on "Price Stability and Japanese Monetary Policy"
/quantitative easing, deflation |
2004/6
|
|
|
2004-E-6
|
Robert L. Hetzel |
Price Stability and Japanese Monetary Policy
/Quantity theory view, liquidity view, quantitative easing, expectation, price stability, Japanese monetary policy |
2004/6
|
|
|
2004-E-5
|
Takuji Kawamoto |
What Do the Purified Solow Residuals Tell Us about Japan's Lost Decade?
/Productivity; Technology; Purified Solow Residual; and Japan |
2004/4
|
|
|
2004-E-4
|
Masayuki NAKAKUKI, Akira OTANI, Shigenori SHIRATSUKA |
Distortions in Factor Markets and Structural Adjustments in the Economy
/Structural Problems; Heckscher-Ohlin Model; Specific Factor Model; Production Possibility Frontier; and Total Factor Productivity (TFP) |
2004/3
|
|
|
2004-E-3
|
Daniel L. Thornton |
Testing the Expectations Hypothesis: Some New Evidence for Japan
/Expectations hypothesis, Nonstationarity, Vector autoregression, Lagrange multiplier test |
2004/2
|
150KB PDF
|
|
2004-E-2
|
Jun Nagayasu |
The Term Structure of Interest Rates and Monetary Policy During a Zero-Interest-Rate Period
/Monetary policy; Zero interest rates |
2004/1
|
174KB PDF
|
|
2004-E-1
|
Andrew K. Rose |
Equity Integration in Japan: An Application of a New Method
/Risk-free, Intertemporal, Asset, Financial, Market, Expected, Price, Stock, Tokyo |
2004/1
|
121KB PDF
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2003-E-15
|
Shigenori Shiratsuka |
Asset Price Bubble in Japan in the 1980s: Lessons for Financial and Macroeconomic Stability
/Asset price bubble; Financial stability; Macroeconomic stability, Sustainability |
2003/12
|
264KB PDF
|
|
2003-E-14
|
Jaebeom Kim
and Masao Ogaki |
Purchasing Power Parity for Traded and Non-traded Goods: A Structural Error Correction Model Approach
/Structural Error Correction Model (SECM); Purchasing Power Parity; Real Exchange Rate; Half-life, Convergence Rate |
2003/12
|
313KB PDF
|
|
2003-E-13
|
Hiroyuki OI,
Akira OTANI,
Toyoichirou SHIROTA |
The Choice of Invoice Currency in International Trade: Implications for the Internationalization of the Yen
/Invoice currency, LCP (local currency pricing), PCP (producer's currency pricing), internationalization of the yen, new open-economy macroeconomics, currency-basket regime |
2003/10
|
361KB PDF
|
|
2003-E-12
|
Sachiko KURODA
and Isamu YAMAMOTO |
The Impact of Downward Nominal Wage Rigidity on the Unemployment Rate: Quantitative Evidence from Japan
/Downward nominal wage rigidity; Unemployment rate; Inflation rate; Monetary policy; General equilibrium model with downward nominal wage rigidity |
2003/10
|
435KB PDF
|
|
2003-E-11
|
Ryo KATO and
Shin-Ichi NISHIYAMA |
Optimal Monetary Policy When Interest Rates are Bounded at Zero
/Deflation, Liquidity trap, Pre-emptive monetary policy, Zero bound |
2003/10
|
460KB PDF
|
|
2003-E-10
|
Eisaku IDE |
Policy Debates on Public Finance between the Ministry of Finance and the Bank of Japan from 1930 to 1936
/the direct underwriting of deficit-financing bonds by the BOJ (BOJ underwriting); The Joint Research Committee; currency system; market operation by selling government bonds; continuing expenditure; deferred fiscal burden |
2003/8
|
180KB PDF
|
|
2003-E-9
|
Keiko MURATA |
Precautionary Savings and Income Uncertainty: Evidence from Japanese Micro Data
/Precautionary savings; Uncertainty; Income risks; Uncertainty over public-pension benefits; Risk-sharing; Individual data; Longitudinal data |
2003/7
|
327KB PDF
|
|
2003-E-8
|
Shin-Ichi NISHIYAMA |
Inflation Target as a Buffer against Liquidity Trap
/Deflation; Inflation Target; Liquidity Trap; Zero-Bound |
2003/7
|
472KB PDF
|
|
2003-E-7
|
Tatsuya Ishikawa,
Yasuhiro Yamai,
Akira Ieda |
On the Risk Capital Framework of Financial Institutions
/Risk capital, risk management, capital structure, capital budgeting, risk-adjusted rate of return, capital allocation, deadweight cost. |
2003/7
|
147KB PDF
|
|
2003-E-6
|
David Andolfatto |
Monetary Implications of the Hayashi-Prescott Hypothesis for Japan
/Productivity Slowdown; Money Multiplier; Monetary Policy; Liquidity Trap |
2003/7
|
241KB PDF
|
|
2003-E-5
|
Kunio OKINA
and Shigenori SHIRATSUKA |
Policy Commitment and Expectation Formations: Japan's Experience under Zero Interest Rates
/Zero Interest Rate Policy; Quantitative Monetary Easing; Policy Duration Effects; Policy Commitment |
2003/6
|
889KB PDF
|
|
2003-E-4
|
Sachiko KURODA,
Isamu YAMAMOTO |
Are Japanese Nominal Wages Downwardly Rigid? (Part II): Examinations using a Friction Model
/Downward nominal wage rigidity; Inflation rate; Monetary policy; Longitudinal data; Measurement errors; Friction model; Simulated maximum likelihood |
2003/6
|
513KB PDF
|
|
2003-E-3
|
Sachiko KURODA,
Isamu YAMAMOTO |
Are Japanese Nominal Wages Downwardly Rigid? (Part I): Examinations of Nominal Wage Change Distributions
/Downward nominal wage rigidity; Inflation rate; Monetary policy; Longitudinal data; Nominal wage change distributions |
2003/6
|
370KB PDF
|
|
2003-E-2
|
Makoto Saito and
Shigenori Shiratsuka |
Precautionary Motives versus Waiting Options: Evidence from Aggregate Household Saving in Japan
/Precautionary savings, Waiting options, Flexibility, Risks, The resolution of uncertainty |
2003/6
|
292KB PDF
|
|
2003-E-1
|
Akira Otani,
Shigenori Shiratsuka, and
Toyoichiro Shirota |
The Decline in the Exchange Rate Pass-Through: Evidence from Japanese Import Prices
/Exchange rate pass-through, Pricing-to-market, Import structure, Expenditure-switching effect, Firms' sourcing decision |
2003/5
|
305KB PDF
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2002-E-22
|
Takeshi Kimura,
Hiroshi Kobayashi,
Jun Muranaga,
and Hiroshi Ugai |
The Effect of the Increase in Monetary Base on Japan's Economy at Zero Interest Rates : An Empirical Analysis
/Monetary Policy, Quantitative Easing, Bayesian VAR, Satiation Level of Money Demand |
2002/12
|
527KB PDF
|
|
2002-E-21
|
Shinichi NISHIYAMA |
The Cross-Euler Equation Approach to Intertemporal Substitution in Import Demand
/Euler Equation, Intertemporal Substitution, Import Demand, Cointegration |
2002/11
|
394KB PDF
|
|
2002-E-20
|
Tomiyuki Kitamura and
Ryoji Koike |
The Effectiveness of Forecasting Methods Using Multiple Information Variables
/Information variable, multivariate forecast, out-of-sample forecast, forecast combination |
2002/11
|
690KB PDF
|
|
2002-E-19
|
Masahiro Fukuhara and
Yasufumi Saruwatari |
An Analysis of Contagion in Emerging Currency Markets Using Multivariate Extreme Value Theory
/Contagion, Multivariate Extreme Value Theory, Currency, Survey, Graph |
2002/11
|
1,478KB PDF
|
|
2002-E-18
|
Vittorio Corbo |
Exchange Rate Regimes in the Americas: Is Dollarization the Solution?
/Exchange Rate Systems, Inflation Targeting, Dollarization |
2002/10
|
184KB PDF
|
|
2002-E-17
|
Masahiro KAWAI |
EXCHANGE RATE ARRANGEMENTS IN EAST ASIA: LESSONS FROM THE 1997-98 CURRENCY CRISIS
/East Asian currency crisis, exchange rate arrangements, two-corner solution approach, fear of floating, currency basket system |
2002/9
|
265KB PDF
|
|
2002-E-16
|
Juergen von Hagen and
Matthias Brueckner |
Monetary and Fiscal Policy in the European Monetary Union
/European Monetary Union, monetary policy, fiscal policy, Stability Pact |
2002/9
|
242KB PDF
|
|
2002-E-15
|
Kyungho Jang
and Masao Ogaki |
The Effects of Japanese Monetary Policy Shocks on Exchange Rates: A Structural Vector Error Correction Model Approach
/Vector Error Correction Model, Impulse Response, Monetary Policy Shock, Cointegration, Identification, Long Run Restriction |
2002/9
|
401KB PDF
|
|
2002-E-14
|
Toshiaki WATANABE |
Measuring Business Cycle Turning Points in Japan with a Dynamic Markov Switching Factor Model
/Business cycles, Factor model, Gibbs sampling, Marginal Likelihood, Markov switching, Particle filter |
2002/9
|
275KB PDF
|
|
2002-E-13
|
Ronald McKinnon
and Gunther Schnabl |
Synchronized Business Cycles in East Asia: Fluctuations in the Yen/Dollar Exchange Rate and China's Stabilizing Role
/exchange rates, business cycles, East Asian dollar standard |
2002/8
|
836KB PDF
|
|
2002-E-12
|
Maurice Obstfeld |
Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics
/Exchange rate policy, international adjustment,expenditure-switching effects, elasticity pessimism, international competitiveness. |
2002/8
|
390KB PDF
|
|
2002-E-11
|
Allan H. Meltzer |
New International Financial Arrangements
/Price and Exchange Rate Stability, Role of the IMF, Debt Resolution, Collective Action Clause |
2002/8
|
53KB PDF
|
|
2002-E-10
|
Takashi NANJO |
Developments in Land Prices and Bank Lending in Interwar Japan: Effects of the Real Estate Finance Problem on the Banking Industry
/Interwar economy, Financial crisis, Showa Depression, Aset prices, Stability of the financial system |
2002/8
|
192KB PDF
|
|
2002-E-9
|
Rishi Goyal and
Ronald McKinnon |
Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and Fall in Bank Lending |
2002/7
|
456KB PDF
|
|
2002-E-8
|
Mariko HATASE |
Devaluation and Exports in Interwar Japan: The Effects of Sharp Depreciation of the Yen in the Early 1930s
/exchange rate, export, gold embargo, interwar economy |
2002/7
|
251KB PDF
|
|
2002-E-7
|
Masato SHIZUME |
Economic Developments and Monetary Policy Responses in Interwar Japan: Evaluation Based on the Taylor Rule
/monetary policy, monetary regime, gold standard system, interwar economy, Taylor Rule |
2002/7
|
355KB PDF
|
|
2002-E-6
|
Sachiko Kuroda NAKADA |
Analysis of Changes in Japan's Unemployment Rate using Gross Flow Data
/unemployment rate, flow data analysis, discouraged worker effect, added worker effect, price-level projections using Phillips curve |
2002/6
|
304KB PDF
|
|
2002-E-5
|
Akira Otani |
Pricing-to-Market (PTM) and the International Transmission Effect of Monetary Policy: The 'New Open-Economy Macroeconomics' Approach
/New open economy macroeconomics, PPP (purchasing power parity), PTM (pricing-to-market), Monetary policy, Beggar-thy-neighbor effect |
2002/5
|
270KB PDF
|
|
2002-E-4
|
Hiroshi FUJIKI
and Akira OTANI |
Do Currency Regimes Matter in the 21st Century? An Overview
/Bipolar view, the euro, Dollarization, regional currency area |
2002/5
|
194KB PDF
|
|
2002-E-3
|
Masaaki SHIRAKAWA |
One Year Under 'Quantitative Easing'
/Quantitative Easing; Transmission Mechanism; Zero Interest Rate Boundary |
2002/4
|
424KB PDF
|
|
2002-E-2
|
Yasuhiro YAMAI
and Toshinao YOSHIBA |
Comparative Analyses of Expected Shortfall and Value-at-Risk (3): their validity under market stress
/Value-at-Risk, expected shortfall, market stress, tail risk, multivariate extreme value theory, tail dependence |
2002/4
|
522KB PDF
|
|
2002-E-1
|
Naohiko BABA
and Takamasa HISADA |
Japan's Financial System: Its Perspective and the Authorities' Roles in Redesigning and Administering the System
/Japan's financial system, Main bank system, IT innovation, Financial deregulation, Bank supervision, Public finance, Corporate governance |
2002/2
|
317KB PDF
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2001-E-21
|
Makoto Saito,
Shigenori Shiratsuka,
Tsutomu Watanabe, and
Noriyuki Yanagawa |
Liquidity Demand and Asset Pricing: Evidence from the Periodic Settlement in Japan
/Liquidity-based asset pricing model; Periodic settlement; Term structure of interest rates |
2001/12
|
397KB PDF
|
|
2001-E-20
|
Mark M. Spiegel |
The Disposition of Failed Japanese Bank Assets: Lessons from the U.S. Savings and Loan Crisis.
/Banks; Failures; Asset disposition |
2001/12
|
242KB PDF
|
|
2001-E-19
|
Hiroshi Fujiki,
Cheng Hsiao, and
Yan Shen |
Is There a Stable Money Demand Function Under the Low Interest Rate Policy? --A Panel Data Analysis
/Money demand; Interest rate; Panel data; Prefecture data |
2001/12
|
214KB PDF
|
|
2001-E-18
|
Masashi UNE |
The Security Evaluation of Time Stamping Schemes: The Present Situation and Studies
/time stamping, security evaluation |
2001/12
|
228KB PDF
|
|
2001-E-17
|
Toshiaki WATANABE and
Manabu ASAI |
Stochastic Volatility Models with Heavy-Tailed Distributions: A Bayesian Analysis
/Bayes factor, Generalized error distribution, Marginal Likelihood, Markov-chain Monte Carlo, Multimove sampler, Student-t distribution |
2001/11
|
1,090KB PDF
|
|
2001-E-16
|
Kunio Okina
and Shigenori Shiratsuka |
Asset Price Bubbles, Price Stability, and Monetary Policy: Japan's Experience
/Monetary policy; Asset price bubble; Price stability; Financial stability |
2001/10
|
599KB PDF
|
|
2001-E-15
|
Howard J. Wall |
Has Japan Been Left Out in the Cold by Regional Integration?
/Regional Integration; Japanese Trade; Gravity Model |
2001/8
|
108KB PDF
|
|
2001-E-14
|
Toshinao YOSHIBA and
Yasuhiro YAMAI |
Comparative Analyses of Expected Shortfall and Value-at-Risk (2): expected utility maximization and tail risk
/expected shortfall, Value-at-Risk, tail risk, stochastic dominance, expected utility maximization |
2001/8
|
186KB PDF
|
|
2001-E-13
|
Hiroshi Fujiki |
Money demand near zero interest rate: Evidence from regional data
/Zero interest rate policy; Demand for Money |
2001/8
|
173KB PDF
|
|
2001-E-12
|
Yasuhiro YAMAI
and Toshinao YOSHIBA |
Comparative Analyses of Expected Shortfall and VaR: their estimation error, decomposition, and optimization
/expected shortfall, value at risk, optimization |
2001/7
|
424KB PDF
|
|
2001-E-11
|
Naohiko Baba |
Optimal Timing in Banksf Write-off Decisions under the Possible Implementation of a Subsidy Scheme: A Real Options Approach
/Write-off, Non-Performing Loans, Dynamic Programming, Real Options, Reputation, Forbearance Policy |
2001/7
|
239KB PDF
|
|
2001-E-10
|
Hiroshi Fujiki,
and Shigenori Shiratsuka |
Policy Duration Effect under the Zero Interest Rate Policy in 1999-2000: Evidence from Japanfs Money Market Data
/Zero interest rate policy; Policy duration effect; Liquidity constraint; Forward interest rates. |
2001/6
|
468KB PDF
|
|
2001-E-9
|
Hitoshi MIO |
Identifying Aggregate Demand and Aggregate Supply Components of Inflation Rate: A Structural VAR Analysis for Japan
/Aggregate demand and aggregate supply shocks; Decomposition of inflation rate; Identification of structural VAR |
2001/6
|
253KB PDF
|
|
2001-E-8
|
Kotaro TSURU |
The choice of lending patterns by Japanese banks during the 1980s and 1990s: The causes and consequences of a real estate lending boom
/Real estate lending; Financial liberalization; Land price inflation; Non-performing loans; Soft-budget-constraints; Credit crunch |
2001/6
|
219KB PDF
|
|
2001-E-7
|
Kotaro TSURU |
Should banks choose collateral or non-collateral lending? : The impact of project's risk, bank's monitoring efficiency and land price inflation
/Bank lending; Collateral; Bank monitoring; Land price inflation; Soft-budget-constraints; Credit crunch |
2001/6
|
279KB PDF
|
|
2001-E-6
|
John A. Weinberg |
The Pricing of Interbank Payment Services in a Changing Competitive Environment
/interbank payments, interconnection pricing |
2001/5
|
83KB PDF
|
|
2001-E-5
|
Takeshi AMEMIYA |
Endogenous Sampling in Duration Models
/Duration Models; Endogenous Sampling; Bank Failure; Loan Default; Insolvency; Maximum Likelihood Estimator; Asymptotic Distribution |
2001/3
|
185KB PDF
|
|
2001-E-4
|
Yasuhiro YAMAI
and Toshinao YOSHIBA |
On the Validity of Value-at-Risk: Comparative Analyses with Expected Shortfall
/Value-at-risk, Expected shortfall, Tail risk, Sub-additivity |
2001/3
|
442KB PDF
|
|
2001-E-3
|
---
|
Technological Innovation and Banking Industry/Monetary Policy -Forum on the Development of Electronic Payment Technologies and Its Implications for Monetary Policy: Report |
2001/2
|
826KB PDF
|
|
2001-E-2
|
Ronald J. Mann |
CARD-BASED PAYMENT SYSTEMS IN THE UNITED STATES AND JAPAN
/Credit cards, debit cards, internet payments, E-commerce |
2001/2
|
299KB PDF
|
|
2001-E-1
|
Shigenori Shiratsuka |
Information Content of Implied Probability Distributions: Empirical Studies on Japanese Stock Price Index Options
/Information content of option prices, Implied probability distribution, SUR estimation, Autocorrelation, Granger causality. |
2001/1
|
703KB PDF
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
2000-E-34
|
Shigenori Shiratsuka |
Asset Prices, Financial Stability, and Monetary Policy: Based on Japanfs Experience of the Asset Price Bubble
/Asset price bubble; Sustainable price stability; Stability of financial system; Monetary policy; Prudential policy |
2000/11
|
239KB PDF
|
|
2000-E-33
|
Hitoshi MIO |
The Phillips Curve and Underlying Inflation
/underlying inflation, trimmed mean CPI, price change distribution,
temporary relative price shock |
2000/10
|
209KB PDF
|
|
2000-E-32
|
Shigenori Shiratsuka |
Is There a Desirable Rate of Inflation? A Theoretical and Empirical Survey
/Ultimate Objective of Monetary Policy; Welfare Costs of Inflation
and Deflation; Measured Price Stability; Sustainable Price Stability;
Constrained discretion |
2000/10
|
353KB PDF
|
|
2000-E-31
|
Tokiko Shimizu
and Shigenori Shiratsuka |
The Credit Risk of Japanese Banks during the Bubble Period: A Pilot Study of Macro Stress Simulation
/Credit Risk, Extended Value at Risk, Macro Stress Simulation, Asset Price Bubble, Macro Prudential Policy |
2000/10
|
89KB PDF
|
|
2000-E-30
|
Thomas F. Cargill |
Monetary Policy, Deflation, and Economic History: Lessons for the Bank of Japan
/Bank of Japan; central bank independence; deflation; Federal Reserve; Great Depression period; inflation; inflation targeting; Riksbank |
2000/9
|
108KB PDF
|
|
2000-E-29
|
Douglas W. Diamond |
Should Japanese Banks Be Recapitalized?
/Bank capital; Recapitalization; Relationship lending; Banking; Bank failure |
2000/9
|
81KB PDF
|
|
2000-E-28
|
Makoto Saito,
and Shigenori Shiratsuka |
Financial Crises as the Failure of Arbitrage: Implications for Monetary Policy
/Financial market instability; Japan premium; Allocation of liquidity;
Failure of arbitrage; Money market operation |
2000/9
|
757KB PDF
|
|
2000-E-27
|
Marvin Goodfriend |
Financial Stability, Deflation, and Monetary Policy
/banking policy, deflation, financial distress, financial stability, liquidity, monetary policy, zero bound on interest rates |
2000/9
|
129KB PDF
|
|
2000-E-26
|
John B. Taylor |
Low Inflation, Deflation, and Policies for Future Price Stability
/Monetary policy; Inflation; Policy rule; Money growth; Zero interest rate policy |
2000/9
|
129KB PDF
|
|
2000-E-25
|
Allan H. Meltzer |
Monetary Transmission at Low Inflation: Some Clues from Japan in the 1990s |
2000/9
|
145KB PDF
|
|
2000-E-24
|
Nobuyuki Oda,
and Kunio Okina |
Further Monetary Easing Policies under the Non-negativity Constraints of Nominal Interest Rates: Summary of the Discussion Based on Japanfs Experience
/Monetary policy; Zero interest rate; Long-term interest rate; Market operation of outright purchase of long-term government bonds; Foreign exchange market intervention; Inflation targeting |
2000/9
|
263KB PDF
|
|
2000-E-23
|
Lars E.O. Svensson |
The Zero Bound in an Open Economy:A Foolproof Way of Escaping from a Liquidity Trap
/Deflation, liquidity trap, nominal interest rates |
2000/8
|
362KB PDF
|
|
2000-E-22
|
Toshiaki Tachibanaki,
Hiroshi Fujiki,
Sachiko Kuroda Nakada |
Structural Issues in the Japanese Labor Market -An era of variety, equity and efficiency or an era of bipolarization?-
/part-time worker, discouraged worker, Japanese employment system, unemployment |
2000/8
|
453KB PDF
|
|
2000-E-21
|
Shigeki Miyajima and Warren E. Weber |
A Comparison of National Banks in Japan and the United States between 1872 and 1885
/national banking, banking history, bank regulation |
2000/8
|
424KB PDF
|
|
2000-E-20
|
Naohiko Baba |
Uncertainty, Monitoring Costs, and Private Banks' Lending Decisions in a Duopolistic Loan Market: A Game-theoretic Real Options Approach
/Bank Lending, Uncertainty, Entry Decision, Monitoring Costs, Duopolistic Market, Real Options, Stochastic Game |
2000/8
|
590KB PDF
|
|
2000-E-19
|
Ronald McKinnon, and Kenichi Ohno |
THE FOREIGN EXCHANGE ORIGINS OF JAPAN'S ECONOMIC SLUMP AND LOW INTEREST LIQUIDITY TRAP
/Foreign Exchange, Japan's Liquidity Trap, Trade Disputes |
2000/8
|
195KB PDF
|
|
2000-E-18
|
Naohiko Baba |
Exploring the Role of Money in Asset Pricing in Japan: Does Monetary Consideration Significantly Improve the Empirical Performance of C-CAPM?
/Asset Pricing; CAPM; Money-in-the-Utility; Cash-in-Advance; Habit Formation; Volatility Bound; Market Frictions |
2000/7
|
497KB PDF
|
|
2000-E-17
|
James Dow |
What is Systemic Risk? Moral hazard, initial shocks and propagation |
2000/6
|
112KB PDF
|
|
2000-E-16
|
Hiroshi FUJIKI |
Budget Deficits and Inflation: A Theoretical and Empirical Survey
/hyperinflation, sustainability of government debt, budget institution, central bank independence, zero interest rate policy, structural reform |
2000/6
|
367KB PDF
|
|
2000-E-15
|
Toshiyasu KATO and Toshinao YOSHIBA |
Model Risk and Its Control
/Model Risk, Pricing Model, Risk Measurement Model, Risk Management Systems, Reserves, Scenario Analysis, Position Limits. |
2000/6
|
259KB PDF
|
|
2000-E-14
|
Yoshifumi HISATA and Yasuhiro YAMAI |
Research Toward the Practical Application of Liquidity Risk Evaluation Methods
/Liquidity risk; Value at risk; Market risk; Market impact; Optimal execution strategy; Optimal holding period |
2000/6
|
282KB PDF
|
|
2000-E-13
|
Naruki Mori,
Shigenori Shiratsuka, and Hiroo Taguchi |
Policy Responses to the Post-bubble Adjustments in Japan: A Tentative Review
/Monetary Policy; Prudential Policy; Bursting of Bubble; Non-Performing Assets; Credit Channel; Management of Failure in
Financial Institutions; Structural Problems |
2000/5
|
403KB PDF
|
|
2000-E-12
|
Kunio Okina,
Masaaki Shirakawa, and Shigenori Shiratsuka |
The Asset Price Bubble and Monetary Policy: Japanfs Experience in the Late 1980s and the Lessons
/Asset prices, bubble, intensified bullish expectations, monetary
policy, sustained price stability, financial stability, forward-looking
monetary policy |
2000/5
|
546KB PDF
|
|
2000-E-11
|
Hiroshi Fujiki,
Kunio Okina, and Shigenori Shiratsuka |
Monetary Policy under Zero Interest Rate ---Viewpoints of Central Bank Economists ---
/Zero Interest Rate Policy; Quantitative Easing; Open Market
Operation of Outright Purchase of Long-Term Government Bonds;
Dispelling Deflationary Concern; Styles of Monetary Policy Management |
2000/5
|
295KB PDF
|
|
2000-E-10
|
Akira IEDA,
Kohei MARUMO,
Toshinao YOSHIBA |
A Simplified Method for Calculating the Credit Risk of Lending Portfolios
/Credit Risk, Lending Portfolio, Monte Carlo Simulation, Credit Concentration/Diversification, Correlation between Default Events |
2000/5
|
190KB PDF
|
|
2000-E-9
|
Frank Packer |
Credit Ratings and the Japanese Corporate Bond Market
/credit ratings, credit risk, bond spreads, keiretsu |
2000/5
|
93KB PDF
|
|
2000-E-8
|
Jon Danielsson and Yuji Morimoto |
Forecasting Extreme Financial Risk: A Critical Analysis of Practical Methods for the Japanese Market
/risk; regulation; extreme value theory; volatility; value-at-risk |
2000/4
|
179KB PDF
|
|
2000-E-7
|
Takeo Hoshi |
What Happened to Japanese Banks?
/financial deregulation, bad loans, real estate lending, keiretsu loans |
2000/3
|
282KB PDF
|
|
2000-E-6
|
---
|
Forum on the Development of Electronic Payment Technologies and Its Implications for Monetary policy: Interim Report |
2000/2
|
213KB PDF
|
|
2000-E-5
|
Naohiko Baba |
Testing the Ex Ante Relationship between Asset and Investment Returns in Japan: An Application of the P-CAPM to the Japanese Asset Returns
/Asset Pricing; P-CAPM; GMM; Equity Premium Puzzle; Risk-free Rate Puzzle; Volatility Bound Test; q Theory of Investment |
2000/2
|
430KB PDF
|
|
2000-E-4
|
Naohiko Baba |
A Reexamination of Ex Ante Pricing of Currency Risk in the Japanese Stock Market: A Pricing Kernel Approach
/Currency Risk; Asset Pricing; Volatility Bound Test;
GMM; Stochastic Discount Factor; Arbitrage Pricing Theory |
2000/2
|
700KB PDF
|
|
2000-E-3
|
Nobuyuki ODA
and Tokiko SHIMIZU |
Prospects for Prudential Policy: Toward Achieving an Efficient and Stable Banking System
/Prudential policy; Market discipline; Lender of last resort; Deposit insurance; Capital adequacy rule; Systemic risk |
2000/2
|
99KB PDF
|
|
2000-E-2
|
Naohiko Baba |
A Note on Hedging Incentives for Managers: An Application of the Principal-Agent Framework to Risk Management
/Risk management; Hedging incentive; Informational Asymmetry; Currency risk exposure; Principal-agent framework |
2000/1
|
274KB PDF
|
|
2000-E-1
|
Naohiko Baba and Kyoji Fukao |
Currency Risk Exposure of Japanese Firms with Overseas Production Bases: Theory and Evidence
/Currency risk exposure; q theory of investment; Irreversibility; Panel data; Measurement errors; Endogeneity |
2000/1
|
452KB PDF
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
99-E-28
|
Comments: Ronald I. Mckinnon, Allan H. Meltzer
Rejoinder: Kunio Okina |
Monetary Policy Under Zero Inflation -A Response to Criticisms and Questions Regarding Monetary Policy- Comments and Rejoinder
/Monetary Policy, Zero Interest Rates, Long-term Interest Rates, Inflation Targeting, Outright Purchase of Government Bonds, Quantitative Easing, Excess Reserves, Base Monetary, Balance Sheet Problem, Liquidity Trap |
99/10
|
74KB PDF
|
|
99-E-27
|
Robert J. Gordon |
The Boskin Commission Report and its Aftermath
/inflation, price measurement, quality change, new products |
99/09
|
146KB PDF
|
|
99-E-26
|
Raj Bhala |
International Dimensions of Japanese Insolvency Law: A Contextual Approach
/Japanese insolvency law, international insolvency law, bank insolvencies |
99/09
|
332KB PDF
|
|
99-E-25
|
William Roberds |
The Incentive Effects of Settlement Systems: A Comparison of Gross Settlement, Net Settlement, and Gross Settlement with Queuing
/Settlement, payment, queuing |
99/09
|
131KB PDF
|
|
99-E-24
|
Masahiro Higo, Sachiko Nakada(Kuroda) |
What Determines the Relation between Output Gap and Inflation? - An International Comparison of Inflation Expectations and Staggered Wage Adjustment -
/Phillips Curve, NAIRU, Expected Inflation Rate, Price Adjustment, Output Gap, Inflation, Monetary Policy |
99/09
|
178KB PDF
|
|
99-E-23
|
Shigenori Shiratsuka |
Measurement Errors in Japanese Consumer Price Index
/Consumer Price Index, Measurement Errors, Cost of Living Index, Quality Changes, Boskin Report |
99/09
|
219KB PDF
|
|
99-E-22
|
Masahiro Higo |
What Can Inflation Expectations and Core Inflation Tell Us About Monetary Policy in Japan ?
/Asset Price, Business Cycle, Inflation Expectation, Inflation Targeting, Monetary Policy, Real Interest Rate, Trimmed Mean CPI |
99/08
|
139KB PDF
|
|
99-E-21
|
Shigenori Shiratsuka |
Asset Price Fluctuation and Price Indices
/Asset Price, Intertemporal cost of living index, Dynamic equilibrium price index, Monetary policy, Information variable |
99/07
|
158KB PDF
|
|
99-E-20
|
Kunio Okina |
Monetary Policy Under Zero Inflation -A Response to Criticisms and Questions Regarding Monetary Policy-
/Monetary Policy, Zero Interest Rates, Long-term Interest Rates, Inflation Targeting, Outright Purchase of Government Bonds, Quantitative Easing, Excess Reserves, Base Money, Balance Sheet Problem, Liquidity Trap |
99/07
|
156KB PDF
|
|
99-E-19
|
Shuji Kobayakawa, Hisashi Nakamura |
A Theoretical Analysis of Narrow Banking Proposals
/bank run, narrow banks |
99/06
|
76KB PDF
|
|
99-E-18
|
Patricia Hagan Kuwayama |
Postal banking in the United States and Japan: a comparative analysis
/U. S. postal savings, Japanese postal savings, deposit insurance, narrow bank |
99/06
|
151KB PDF
|
|
99-E-17
|
Tatsuya Yonetani, Nobuyuki Oda |
Usefulness of Market Information and Accounting Information from the Perspective of Bank Supervisory Policy: An Empirical Study of Japanese Banks
/Market information, Accounting information, Option pricing theory, Bank performance predicting |
99/06
|
126KB PDF
|
|
99-E-16
|
Jun Muranaga |
Dynamics of Market Liquidity of Japanese Stocks: An Analysis of Tick-by-tick Data of the Tokyo Stock Exchange |
99/05
|
255KB PDF
|
|
99-E-15
|
Jun Muranaga, Tokiko Shimizu |
Expectations and Market Microstructure when Liquidity Is Lost |
99/05
|
385KB PDF
|
|
99-E-14
|
Jun Muranaga, Tokiko Shimizu |
Market Microstructure and Market Liquidity |
99/05
|
191KB PDF
|
|
99-E-13
|
James H. Stock |
Monetary Policy in a Changing Economy: Indicators, Rules, and the Shift Towards Intangible Output
/Knowledge-based economy, Time varying NAIRU, Taylor rule |
99/05
|
1138KB PDF
(ZIP format)
|
|
99-E-12
|
Robert J. Gordon |
Monetary Policy in the Age of Information Technology
/Information Technology, Multifactor Productivity, NAIRU, Solow Paradox |
99/05
|
137KB PDF
|
|
99-E-11
|
Dale W. Jorgenson,
Eric Yip |
WHATEVER HAPPENED TO PRODUCTIVITY INVESTMENT AND GROWTH IN THE G-7?
/Neoclassical growth theory, Investment and Productivity, Human capital, Intellectual capital, R&D, Sources of economic growth |
99/05
|
174KB PDF
|
|
99-E-10
|
Masahiro Kuroda,
Koji Nomura |
An Explanation of The Productivity Paradox: TFP Spillover through Capital Accumulation
/Solow Paradox, Total Factor Productivity, Measurement Error, Spillover of Technology |
99/05
|
536KB PDF
|
|
99-E-9
|
Hal R. Varian |
Markets for Information Goods
/Information good, Experience good, Returns to scale, Previewing and browsing, Excludability, Intellectual property |
99/05
|
256KB PDF
|
|
99-E-8
|
Curtis J. Milhaupt |
Japan's Experience with Deposit Insurance and Failing Banks: Implications for Financial Regulatory Design?
/Deposit Insurance, Bank Failure |
99/03
|
138KB PDF
|
|
99-E-7
|
Milton H. Marquis |
The Joint and Several Effects of Liquidity Constraints, Financing Constraints, and Financial Intermediation on the Welfare Cost of Inflation
/inflation taxes, financing constraints, financial intermediation |
99/02
|
292KB PDF
|
|
99-E-6
|
Hiroshi Fujiki,
Edward.J.Green,
Akira Yamakzaki |
Sharing the Risk of Settlement Failure: Synopsis
/settlement system, risk sharing, private information, mechanism design, core |
99/02
|
189KB PDF
|
|
99-E-5
|
Hitoshi Mio,
Masahiro Higo |
Underlying Inflation and the Distribution of Price Changes Evidence from the Japanese Trimmed Mean CPI
/underlying inflation, trimmed mean CPI, price change distribution, temporary relative price shock |
99/02
|
341KB PDF
|
|
99-E-4
|
Michael F. Bryan,
Stephen G. Cecchetti |
The Monthly Measurement of Core Inflation in Japan
/Inflation Measurement, Core Inflation, Trimmed Means, Median |
99/02
|
108KB WORD
(ZIP format)
|
|
99-E-3
|
Tokiko Shimizu,
Takashi Ui |
Contagious Expectations and Malfunctions of Markets: Some Lessons from Japanese Financial Institution Failures in 1997 |
99/01
|
258KB PDF
|
|
99-E-2
|
Jun Muranaga,
Tokiko Shimizu |
Effect of Trading Halt System on Market Functioning: Simulation Analysis of Market Behavior with Artificial Shutdown
/Artificial market model, Feedback mechanism, Market crash, Trading halt system |
99/01
|
1,692KB PDF
|
|
99-E-1
|
Yukinobu Kitamura,
Shuji Kobayakawa |
Risk Accumulation, Contagion and The Rules for Bank Failure
/contagion, random walk, arc-sine theorem, closure rule, capital injection |
99/01
|
330KB WORD
(ZIP format)
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
98-E-18
|
Kiyohiko G. Nishimura, Toshiaki Watanabe, Kentaro Iwatsubo |
Effects of the Developments of Knowledge-based Economy on Asset Price Movements: Theory and Evidence in the Japanese Stock Market
/Asymmetry of Information, Market Microstructure, Heterogeneous Expectation, Excess Sensitivity |
98/12
|
329KB PDF
|
|
98-E-17
|
Marvin H. Kosters |
Wage and Job Trends in the U.S. Labor Market: An Assessment
/Wage Inequality, Skill Premium, Job Security, Skill Intensive Economy |
98/12
|
79KB PDF
|
|
98-E-16
|
Charles I. Jones |
The Japanese Economy in a World of Knowledge-Based Growth
/Human Capital, Increasing Returns to Scale, Externalities, R&D |
98/12
|
150KB PDF
|
|
98-E-15
|
W. E. Diewert, Kevin J. Fox |
The Productivity Paradox and Mismeasurement of Economic Activity
/Productivity Paradox, Measurement Error, Quality Adjustment, Service Sector Output |
98/12
|
421KB PDF
|
|
98-E-14
|
Satoshi Daigo, Tatsuya Yonetani, Kohei Marumo |
Banks Recapitalization Policies in Japan and their Impact on the Market ---A study of the impact of emergency measures in the latter half of FY 1997 on stock prices
/BIS capital adequacy ratio, "lower of cost or market method", cost method, capital injection |
98/12
|
141KB PDF
|
|
98-E-13
|
Tsutomu Saitou, Teruhiko Takahashi, Yuichi Nishikawa |
Chemical Study of the Medieval Japanese Mochu-sen (Bronze Coins)
/Mochu-sen coins, Shima-sen coins, Iutsushi-sen coins, Kajiki coins, Kanode Gen'yu coins, Dimension and Weight Measeurements, Lead Isotope Analysis |
98/11
|
38KB WORD(ZIP format)
53KB EXCEL(ZIP format)
|
|
98-E-12
|
Makoto Saito |
Dynamic Allocation and Pricing in Incomplete Markets: A Survey
/imcomplete markets, asset pricing |
98/11
|
414KB PDF
|
|
98-E-11
|
Nobuyuki Oda |
Estimating Fair Premium Rates for Deposit Insurance Using Option Pricing Theory
--An Empirical Study on Japanese Banks--
/Deposit insurance, variable deposit insurance rates, option pricing theory, stock price, credit risk, bankruptcy forecasting, forbearance |
98/10
|
297KB PDF
|
|
98-E-10
|
Fuminobu Ohtake, Nobuyuki Oda, Toshinao Yoshiba |
Market Price Analysis and Risk Management for Convertible Bonds
/ convertible bond, implied volatility, historical volatility, market risk, arbitrage, issuing conditions |
98/10
|
353KB WORD(ZIP format)
|
|
98-E-9
|
Akira Ieda, Toshikazu Ohba |
Risk Management for Equity Portfolios of Japanese Banks
/ equity portfolio, loan, expected default probability, spread over Libor, equity price risk, credit risk, sensitivity |
98/10
|
179KB WORD(ZIP format)
|
|
98-E-8
|
Hisashi Nakamura
Shigenori Shiratsuka |
Extracting Market Expectations from Option Prices: Case Studies in Japanese Option Markets
/ Option Prices, Implied Probability Distribution, Market expectations, Monetary Policy, Information Variables |
98/09
|
719KB PDF
|
|
98-E-7
|
Tetsuya Inoue |
Impact of Information Technology And Implications for Monetary Policy (Background Paper for the Eighth International Conference)
/ Information Technology, IT paradox, Mismeasurement in Economic Statistics, Network Externalities, Adjustment Cost, Relative Price, Policy Commitment |
98/08
|
124KB PDF
90KB GIF(ZIP format) figures
|
|
98-E-6
|
Kjell Doksum
Ryozo Miura
Hiroaki Yamauchi |
On Financial Time Series Decompositions with Applications to Volatility
/ Autoregressive fit, BDS statistic, Decomposition, Exchange rate, Financial time series, LOWESS, Volatility |
98/08
|
558KB PDF
|
|
98-E-5
|
Masahiro Higo
Sachiko Nakada(Kuroda) |
How can we extract a fundamental trend from an economic time series?
/ A Fundamental Trend, Time Series Analysis, X-12-ARIMA, DECOMP, HP Filter, Fourier Transformation, Beveridge and Nelson Decompositon |
98/06
|
622KB WORD(ZIP format)
|
|
98-E-4
|
Shuji Kobayakawa |
Designing Incentive Compatible Regurlation in Banking --Role of Penalty in the Precommitment Approach
/mechanism design, Precommitment Approach |
98/04
|
127KB PDF
|
|
98-E-3
|
Tatsuya Yonetani
Yuko Katsuo(Asami) |
Fair Value Accounting and Regulatory Capital Requirements
/Investment securities, Fair value accounting, Regulatory capital, Earnings |
98/04
|
150KB PDF
|
|
98-E-2
|
Alan J. Auerbach,
Laurence J. Kotlikoff
Willi Leibfritz |
Generational Accounting Around the World
/aging, fiscal deficits, fiscal policy, generational accounting |
98/03
|
190KB PDF
|
|
98-E-1
|
Noriyuki Takayama,
Yukinobu Kitamura,
Hiroshi Yoshida |
Generational Accouting in Japan
/aging, fiscal deficits, fiscal policy, generational accounting |
98/03
|
149KB PDF
|
|
No.
|
Author(s)
|
Title/Keywords
|
Date
|
Click to download
|
|
97-E-11
|
Masaaki Shirakawa,
Kunio Okina,
Shigenori Shiratsuka |
Financial Market Grobalization: Present and Future
/Globalization, Central Bank, International Capital Mobility, Risk Diversification, Monetary Policy,Stability of Financial System |
97/12
|
386KB PDF
|
|
97-E-10
|
Kenjiro Yamaguchi,
Mari Ohnuki |
The Gold and Silver Wraps of the Edo Period - A Unique Form of Gold and Silver Coins -
/The Gold Wraps, The Silver Wraps, Goto Family, Joze Family, Gold Mint, Silver Mint, Money Changer |
97/11
|
71KB PDF
|
|
97-E-9
|
Shigeru Yoshifuji |
The EaR Model and the Expanded VaR Model: An Application to Bond Portfolios
/earning-at-risk(EaR), value-at-risk(VaR), period profit and loss, cost method, market value method |
97/09
|
237KB PDF
|
|
97-E-8
|
Atsuyuki Kogure |
A New Approach to the Estimation of Stochastic Differential Equations with an Application to the Japanese Interest Rates
/Call money rate data, Continuous time model, Discretely sample data, Generalized method of moments, Volatility |
97/09
|
191KB PDF
|
|
97-E-7
|
Shigenori Shiratsuka |
Inflation Measures for Monetary Policy: Measuring Underlying Inflation Trend and Its Implication for Monetary Policy Implementation
/Monetary policy, Price Stability, Underlying inflation, Limited influence estimator, Skewed and fat-tailed distribution of individual price changes |
97/08
|
363KB PDF
|
|
97-E-6
|
J. Mark Ramseyer |
Vertical Integration in Japan: Speculations from Tax Law and Civil Procedure
/Vertical Integration in Japan |
97/08
|
66KB PDF
|
|
97-E-5
|
Koji Kusuda,
Tsutomu Matsumoto |
A Strength Evaluation of the Data Encryption Standard
/brute force methods, DES, strength evaluation, short-cut methods, time-memory trade-off cryptanalysis |
97/08
|
946KB PDF
(ZIP format)
443KB ps.Z
335KB ps.gz
|
|
97-E-4
|
Yasushi Nakayama,
Hidemi Moribatake,
Masayuki Abe,
Eichiro Fujisaki |
An Electronic Money Scheme -- A Proposal for a New Electronic Money Scheme which is both Secure and Convenient
/electronic money, electronic cash, issuing institution, privacy, direct transferability between individuals, blind signature, tamper resistance |
97/06
|
74KB PDF
|
|
97-E-3
|
Michael P. Dooley and Menzie D. Chinn |
Financial Repression and Capital Mobility: Why Capital Flows and Covered Interest Rate Differentials Fail to Measure Capital Market Integration |
97/03
|
2,390KB PDF
|
|
97-E-2
|
Naohiko BABA |
Markup Pricing and Monetary Policy: A Reexamination of the Effectiveness of Monetary Policy Under Imperfect Competition |
97/02
|
2,941KB PDF
|
|
97-E-1
|
Nobuyuki ODA, Jun MURANAGA |
A New Framework for Measuring the Credit Risk of a Prtfolio -"ExVaR" Model- |
97/02
|
3,282KB PDF
|
|
No.
|
Author(s)
|
Title
|
Date
|
Click to download
|
|
96-E-31
|
Carl E. Walsh |
Inflation and Central Bank Independence: Is Japan Really an Outlier? |
1996/12
|
|
|
96-E-30
|
Yukinobu Kitamura |
Indexed Bonds and Monetary Policy: The Real Interest Rate and the Expected Rate of Inflation |
1996/12
|
|
|
96-E-29
|
Susanne Lohmann |
Is Japan Special? Monetary Linkages and Price Stability |
1996/11
|
|
|
96-E-28
|
Edward J. Green |
Money and Debt in the Structure of Payments |
1996/11
|
|
|
96-E-27
|
Nobuyuki Oda |
A Note on the Estimation of Japanese Government Bond Yield Curves |
1996/8
|
|
|
96-E-26
|
Michio Ueda, Isamu Taguchi, and Tsutomu Saito |
Non-destructive Analysis of the Fineness of Kobans in the Yedo Period |
1996/8
|
|
|
96-E-25
|
Morio Seno'o |
Yamada Hagaki and the History of Paper Currency in Japan |
1996/8
|
|
|
96-E-24
|
Naoto Kunitomo and Seisho Sato |
Estimation of Asymmetrical Volatility for Asset Prices: The Simultaneous Switching ARIMA Approach |
1996/6
|
|
|
96-E-23
|
Akira Yamazaki |
Foreign Exchange Netting and Systemic Risk |
1996/6
|
|
|
96-E-22
|
Harris Dellas, Behzad Diba, and Peter Garber |
Resolving Failed Banks: The U.S. S&L Experience |
1996/6
|
|
|
96-E-21
|
Bennett T. McCallum |
Inflation Targeting in Canada, New Zealand, Sweden, the Unaited Kingdom, and in General |
1996/6
|
|
|
96-E-20
|
Tommaso Padoa-Schioppa |
Styles of Monetary Management |
1996/3
|
|
|
96-E-19
|
Kunio Okina |
The Policy Objectives and the Optimal Institutional Framework of a Central Bank |
1996/3
|
|
|
96-E-18
|
Franco Bruni |
Central Bank Independence in the European Union |
1996/3
|
|
|
96-E-17
|
Clive Briault, Andrew Haldane, and Mervyn King |
Independence and Accountability |
1996/3
|
|
|
96-E-16
|
Kazuo Ueda |
Japanese Monetary Policy Rules or Discretion? PartII |
1996/3
|
|
|
96-E-15
|
Manfred J.M. Neumann |
Monetary Targeting in Germany |
1996/3
|
|
|
96-E-14
|
Benjamin M. Friedman |
The Rise and Fall of Money Growth Targets as Guidelines for U.S. Monetary Policy |
1996/3
|
|
|
96-E-13
|
David Laidler |
Inflation Control and Monetary Policy Rules |
1996/3
|
|
|
96-E-12
|
John B. Taylor |
Policy Rules as a Means to a More Effective Monetary Policy |
1996/3
|
|
|
96-E-11
|
Allan H. Melzer |
On Making Monetary Policy More Effective Domestically and Internationally |
1996/3
|
|
|
96-E-10
|
Naohiko Baba |
Empirical Studies on the Recent Decline in Bank Lending Growth: An Approach Based on Asymmetric Information |
1996/2
|
|
|
96-E-9
|
Yutaka Soejima |
The Long-Run Relationship between Real GDP, Money Supply, and Price Level: Reexamination of Cointegration Test |
1996/1
|
|
|
96-E-8
|
Atsutoshi Mori, Makoto Ohsawa, and Tokiko Shimizu |
Calculation of Value at Risk and Risk/Return Simulation |
1996/1
|
|
|
96-E-7
|
Hiroshi Fujiki and Casey B. Mulligan |
A Structural Analysis of Money Demand: Cross-Sectional Evidence from Japan |
1996/1
|
|
|
96-E-6
|
Hiroshi Fujiki and Casey B. Mulligan |
Production, Financial Sophistication, and the Demand for Money by Households and Firms |
1996/1
|
|
|
96-E-5
|
Toshiaki Watanabe |
Intraday Price Volatility and Trading Volume: A Case of the Japanese Government Bond Futures |
1996/1
|
|
|
96-E-4
|
Tokiko Shimizu and Tsukasa Yamashita |
Dynamic Micro and Macro Stress Simulation |
1996/1
|
|
|
96-E-3
|
Shumpei Okada, Eiji Harada, and Fumihiko Tsunoda |
Integration of Credit Risk with Market Risk in Asset Liability Management |
1996/1
|
|
|
96-E-2
|
Atutoshi Mori, Makoto Ohsawa, and Tokiko Shimizu |
A Framework for More Effective Stress Testing |
1996/1
|
|
|
96-E-1
|
Shinji Nishida |
The "Domino Effest of Defaults" and Its Implications for Regulatory Actions
|
1996/1
|
|
Copyright 2010 Bank of Japan All Rights Reserved.
|
