Monetary and Economic Studies

1988 - 2024

From Institute for Monetary and Economic Studies, Bank of Japan
Contact information at EDIRC.
Bibliographic data for series maintained by Kinken ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 19, month November, 2001

Endogenous Sampling in Duration Models pp. 77-96

Takeshi Amemiya

The Pricing of Interbank Payment Services in a Changing Competitive Environment pp. 97-111

John Weinberg

Optimal Timing in Banks' Write-Off Decisions under the Possible Implementation of a Subsidy Scheme: A Real Options Approach pp. 113-141

Naohiko Baba

Information Content of Implied Probability Distributions: Empirical Studies of Japanese Stock Price Index Options pp. 143-170

Shigenori Shiratsuka

Volume 19, month May, 2001

Should Japanese Banks Be Recapitalized? pp. 1-19

Douglas Diamond

Uncertainty, Monitoring Costs, and Private Banks' Lending Decisions in a Duopolistic Loan Market: A Game-Theoretic Real Options Approach pp. 21-47

Naohiko Baba

Is There a Desirable Rate of Inflation? A Theoretical and Empirical Survey pp. 49-83

Shigenori Shiratsuka

The Phillips Curve and Underlying Inflation pp. 85-107

Hitoshi Mio

Effects of Measurement Error on the Output Gap in Japan pp. 109-154

Koichiro Kamada and Kazuto Masuda

Volume 19, month February, 2001

"The Role of Monetary Policy under Low Inflation: Deflationary Shocks and Policy Responses," Introduction pp. 1-8

Kunio Okina, Hiroo Taguchi and Shigenori Shiratsuka

What Happened to Japanese Banks? pp. 1-29

Takeo Hoshi

"The Role of Monetary Policy under Low Inflation: Deflationary Shocks and Policy Responses," Opening Speech pp. 9-12

Masaru Hayami

Monetary Transmission at Low Inflation: Some Clues from Japan in the 1990s pp. 13-34

Allan Meltzer

A Comparison of National Banks in Japan and the United States between 1872 and 1885 pp. 31-48

Shigeki Miyajima and Warren Weber

Low Inflation, Deflation, and Policies for Future Price Stability pp. 35-51

John Taylor

Budget Deficits and Inflation: A Theoretical and Empirical Survey pp. 49-87

Hiroshi Fujiki

Policy Responses to the Post-bubble Adjustments in Japan: A Tentative Review pp. 53-102

Naruki Mori, Shigenori Shiratsuka and Hiroo Taguchi

Monetary Policy under Zero Interest Rate: Viewpoints of Central Bank Economists pp. 89-130

Hiroshi Fujiki, Kunio Okina and Shigenori Shiratsuka

Monetary Policy, Deflation, and Economic History: Lessons for the Bank of Japan pp. 113-134

Thomas-F Cargill

International Dimensions of Japanese Insolvency Law pp. 131-179

Raj Bhala

Financial Stability, Deflation, and Monetary Policy pp. 143-167

Marvin Goodfriend

Structural Issues in the Japanese Labor Market: An Era of Variety, Equity, and Efficiency or an Era of Bipolarization? pp. 177-208

Hiroshi Fujiki, Sachiko Kuroda and Toshiaki Tachibanaki

Acknowledgement Misspecification in Macroeconomic Theory pp. 213-227

Lars Hansen and Thomas Sargent

Financial Crises As the Failure of Arbitrage: Implications for Monetary Policy pp. 239-270

Makoto Saito and Shigenori Shiratsuka

The Zero Bound in an Open Economy: A Foolproof Way of Escaping from a Liquidity Trap pp. 277-312

Lars Svensson

Further Monetary Easing Policies under the Non-negativity Constraints of Nominal Interest Rates: Summary of the Discussion Based on Japan's Experience pp. 323-360

Nobuyuki Oda and Kunio Okina

Concluding Panel Discussion: The Role of Monetary Policy under Low Inflation pp. 371-394

Vitor Gaspar

The Asset Price Bubble and Monetary Policy: Japan's Experience in the Late 1980s and the Lessons: Background Paper pp. 395-450

Kunio Okina, Masaaki Shirakawa and Shigenori Shiratsuka

Volume 18, month December, 2000

What Is Systemic Risk? Moral Hazard, Initial Shocks, and Propagation pp. 1-24

James Dow

Forecasting Extreme Financial Risk: A Critical Analysis of Practical Methods for the Japanese Market pp. 25-48

Jon Danielsson and Yuji Morimoto

A Simplified Method for Calculating the Credit Risk of Lending Portfolios pp. 49-82

Akira Ieda, Kohei Marumo and Toshinao Yoshiba

Research toward the Practical Application of Liquidity Risk Evaluation Methods pp. 83-127

Yoshifumi Hisata and Yasuhiro Yamai

Model Risk and Its Control pp. 129-157

Toshiyasu Kato and Toshinao Yoshiba

Exploring the Role of Money in Asset Pricing in Japan: Monetary Considerations and Stochastic Discount Factors pp. 159-198

Naohiko Baba

Volume 18, month May, 2000

Testing the Ex Ante Relationship between Asset and Investment Returns in Japan: An Application of the P-CAPM to Japanese Asset Returns pp. 39-72

Naohiko Baba

Postal Banking in the United States and Japan: A Comparative Analysis pp. 73-104

Patricia-Hagan Kuwayama

A Theoretical Analysis of Narrow Banking Proposals pp. 105-118

Shuji Kobayakawa and Hisashi Nakamura

Prospects for Prudential Policy: Toward Achieving an Efficient and Stable Banking System pp. 119-136

Nobuyuki Oda and Tokiko Shimizu

Volume 17, month December, 1999

Financial Market Globalization: Present and Future pp. 1-40

Kunio Okina, Masaaki Shirakawa and Shigenori Shiratsuka

The Boskin Commission Report and Its Aftermath pp. 41-68

Robert-J Gordon

Measurement Errors in the Japanese Consumer Price Index pp. 69-102

Shigenori Shiratsuka

Asset Price Fluctuation and Price Indices pp. 103-128

Shigenori Shiratsuka

What Determines the Relation between the Output Gap and Inflation ? An International Comparison of Inflation Expectations and Staggered Wage Adjustment pp. 129-155

Masahiro Higo and Sachiko Kuroda

Monetary Policy under Zero Inflation: A Response to Criticisms and Questions Regarding Monetary Policy pp. 157-182

Kunio Okina

Volume 17, month August, 1999

The Joint and Several Effects of Liquidity Constraints, Financing Constraints, and Financial Intermediation on the Welfare Cost of Inflation pp. 1-20

Milton Marquis

Japan's Experience with Deposit Insurance and Failing Banks: Implications for Financial Regulatory Design? pp. 21-46

Curtis-J Milhaupt

Market Price Analysis and Risk Management for Convertible Bonds pp. 47-89

Fuminobu Ohtake, Nobuyuki Oda and Toshinao Yoshiba

Risk Management for Equity Portfolios of Japanese Banks pp. 91-117

Akira Ieda and Toshikazu Ohba

Volume 17, month May, 1999

Extracting Market Expectations from Option Prices: Case Studies in Japanese Option Markets pp. 1-43

Hisashi Nakamura and Shigenori Shiratsuka

Dynamic Allocation and Pricing in Incomplete Markets: A Survey pp. 45-75

Makoto Saito

The Monthly Measurement of Core Inflation in Japan pp. 77-101

Michael F. Bryan and Stephen Cecchetti

Underlying Inflation and the Distribution of Price Change: Evidence from the Japanese Trimmed-Mean CPI pp. 103-132

Hitoshi Mio and Masahiro Higo

Estimating Fair Premium Rates for Deposit Insurance Using Option Pricing Theory: An Empirical Study of Japanese Banks pp. 133-170

Nobuyuki Oda