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; Banks and Banking; Financial Risk Management; Investments: Stocks; Money and Monetary Policy; Industries: Financial Services; Foreign Exchange; Open Economy Macroeconomics; Financial Institutions and Services: Government Policy and Regulation; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors; Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Financial Crises; Economic & financial crises & disasters; Banking; Investment & securities; Monetary economics; Finance; Deposit insurance; Stocks; Bank credit; Banking crises; Financial crises; Financial institutions; Loans; Money; Crisis management; Banks and banking; Credit
• 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