Monetary and Economic Studies is published, in principle twice a year, by the Bank of Japan's Institute for Monetary and Economic Studies (IMES). In line with IMES policy, the publication seeks to provide information on monetary and economic issues to the general public. Articles include research achievements by the staff and visiting scholars, and selected works from the proceedings of conferences sponsored by IMES.

Views expressed in Monetary and Economic Studies are those of the authors and do not necessarily reflect those of the Bank of Japan or IMES.

INDEX
Vol.5, No.3 / December 1987
Vol.5, No.2 / September 1987
Vol.5, No.1 / May 1987

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Vol.5, No.3 / December 1987

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Eduard J. Bomhoff The Dollar-Yen Exchange Rate
Yoshio Suzuki Financial Reform in Japan
-Development and Prospects
Yasuhiro Horiye, Sadao Naniwa and Suzu Ishihara The Changes of Japanese Business Cycles
Chihiro Sakuraba The Asset Pricing Mechanism in Japan's Stock Market: A New Test of Arbitrage Pricing Theory


Vol.5, No.2 / September 1987

Author(s)

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James Tobin Are There Reliable Adjustment Mechanisms?
Allan H. Meltzer On Monetary Stability and Monetary Reform
Kanji Yoshioka and Takanobu Nakajima Economies of Scale in Japan's Banking Industry
Hiromichi Shirakawa Fluctuations in Yields on Bonds
-A Reassessment of the Expectations Theory Based on Japanese and U.S. Data
* Click the title to obtain an abstract of the thesis


Vol.5, No.1 / May 1987

Author(s)

Title/Key words

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Carl F. Christ The Financing of the Government Budget in Japan and Its Relation to Macroeconomic Variables
Yasuhiro Horiye Export Behavior of Japanese Firms
Victor Argy International Financial Liberalisation
-The Australian and Japanese Experiences Compared
Kazumi Asako and Yuko Uchino Bank Loan Market of Japan
-A New View on the Disequilibrium Analysis
Sadao Naniwa Nonstationary Covariance Structure of Detrended Economic Time Series: a Time Varying Model Approach

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