Deposit Insurance Regulatory forbearance and Economic Growth : : Implications for the Japanese Banking Crisis / / Kenneth Kletzer, Robert Dekle

• Autore: Kletzer Kenneth
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2005
• Descrizione fisica: 1 online resource (34 p.)
• Soggetto topico: Deposit insurance - Japan; Financial crises - Japan; Banks and banking - Japan; Bank credit; Banking crises; Banking; Banks and Banking; Banks and banking; Banks; Credit; Crisis management; Deposit insurance; Depository Institutions; Economic & financial crises & disasters; Finance; Financial Crises; Financial crises; Financial Institutions and Services: Government Policy and Regulation; Financial institutions; Financial Instruments; Financial Risk Management; Foreign Exchange; Industries: Financial Services; Institutional Investors; Investment & securities; Investments: Stocks; Loans; Micro Finance Institutions; Monetary economics; Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Money and Monetary Policy; Money; Mortgages; Non-bank Financial Institutions; Open Economy Macroeconomics; Pension Funds; Stocks
• Soggetto geografico: Japan
• Altri autori: DekleRobert
• Note generali: Bibliographic Level Mode of Issuance: Monograph
• Nota di bibliografia: Includes bibliographical references.
• Sommario/riassunto: An endogenous growth model with financial intermediation demonstrates how deposit insurance and prudential regulatory forbearance lead to banking crises and growth declines. The model assumptions are based on features of the Japanese financial system and regulation. The model demonstrates how banking and growth crises can evolve under perfect foresight. The dynamics for economic aggregates and asset prices predicted by the model are shown to be generally consistent with the experience of the Japanese economy and financial system through the 1990s. We also test our maintained hypothesis of rational expectations using asset price data for Japan over the 1980s and 1990s.
• Titolo autorizzato: Deposit insurance regulatory forbearance and economic growth
• ISBN: 1-4623-3368-0; 1-283-51398-6; 9786613826435; 1-4519-0724-9
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910219646903321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2005/169