Central bank asset purchases, banks' risky security holdings and profitability: Macro and micro evidence from Japan and the US

L Wang - International Review of Economics & Finance, 2023 - Elsevier
By focusing exclusively on risky securities and conducting cross-country analyses at both
macro and micro levels--a different approach than those employed in the existing literature …

Risk-taking and bank competition under a low interest rate environment: Evidence from loan-level data

M Shikimi - Pacific-Basin Finance Journal, 2023 - Elsevier
The literature has shown that loose monetary policy increases risky lending; however, it is
unclear whether its effects are asymmetric based on the degree of bank competition. In this …

How competitiveness evolved in the Japanese bank loan market between 1977 and 2020

T Maruyama - Japan and the World Economy, 2024 - Elsevier
In this study, I estimate the degree of competition in the Japanese loan market using a new
empirical industrial organization method. With it, I conduct a long-term analysis of more than …

Measuring concentration in the Japanese loan and deposit markets

I Uesugi, K Hiraga, M Manabe, N Yoshino - Japan and the World Economy, 2022 - Elsevier
This study is the first to exhaustively calculate the degree of concentration in regional
banking markets using the outstanding amount of loans and deposits at branches and …

Modelling the challenges faced by Indian engineering consultancies: an ISM analysis

VR Pramod, SR Devadasan… - International Journal of …, 2023 - inderscienceonline.com
This contribution explores the synergic impact of the challenges faced by the engineering
consultancy services. Consultancy services are always subjected to various challenges. It is …

Unconventional monetary policy and the bond market in Japan: A new Keynesian perspective

P Basu, K Wada - Japan and the World Economy, 2023 - Elsevier
Using the lens of a medium scale DSGE model, we analyze macroeconomic effects of
Japan's unconventional monetary policy which is known as Qualitative and Quantitative …

[PDF][PDF] Modelling Bond Yield: Case of Japan Work in progress

P Basu, JK Shin, K Wada - 2023 - parantapbasu.webspace.durham.ac …
Using the lens of a medium scale DSGE model, we analyze the macroeconomic effects of
Japan's unconventional monetary policy which is known as Qualitative and Quantitative …

[PDF][PDF] Essays on Allocative Efficiency in Corporate Finance

Y Cai - (No Title), 2022 - waseda.repo.nii.ac.jp
Expansionary monetary policy was considered by the world's central banks to be one of the
most important measures to cope with the 2008 global financial crisis, as monetary …

Search-for-Yield and Home Bias under Quantitative Easing

H Tanaka, K Hori, A Shibata - KIER Discussion Paper, 2024 - repository.kulib.kyoto-u.ac.jp
This study analyzes the impact of investors' search-for-yield behavior on home bias in the
bond market. We conduct a regression analysis using data from 27 countries, including both …

[PDF][PDF] The Effects of Regional Bank Mergers on Local Firms

K Sawayama, D Kawaguchi - 2022 - pp.u-tokyo.ac.jp
I study the effects of regional bank mergers on corporate borrowers using eight large in-
market mergers between 2004 and 2018 in Japan, exploiting an event study framework. My …