| ID | 141496 |
| Title Proper | Japanese regulation policy and credit crunch |
| Other Title Information | evidence from the ultra-expansionary monetary policy period |
| Language | ENG |
| Author | Guizani, Brahim |
| Summary / Abstract (Note) | This paper aims to answer this question: What were the causes of the severe slowdown in bank credit in Japan between 1999 and 2005? We test three credit crunch hypotheses, all together. The empirical results uncover the occurrence of a credit crunch that is attributed to bankers’ precautionary behavior rather than direct regulatory capital worries. |
| `In' analytical Note | Asian Survey Vol. 55, No.4; Jul/Aug 2015: p.822-843 |
| Journal Source | Asian Survey Vol: 55 No 4 |
| Key Words | Japan ; Credit Crunch ; Dynamic Model ; Voluntary Risk-Reduction hypothesis ; Bank Regulation Policy |