CARF J-Series

From Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo
Contact information at EDIRC.
Bibliographic data for series maintained by ().

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

CARF-J-105: The Contribution of Research and Development Investments by Sectors to GDP growth

Takashi Obinata

CARF-J-078: Bubble" or "Boom"?: Investigation of the Japanese economy in the second-half of 1980s with the firm-level data from the "Corporate Enterprise Annual Statistics", as preparation for studying the "Lost Two Decades

Yoshiro Miwa

CARF-J-077: What Did Corporate Executives, Outside Directors and Large Shareholders Really Do ?: Corporate Governance of Tokyo Marine and Tasiho Marine in Mitsubishi and Mitsui Zaibatsu

Tetsuji Okazaki

CARF-J-075: "Bad Loans", "Delayed Disposals", "Follow-on and Zombie Lending", and the Lost Two Decades": Lessons from the Japanese Experience?

Yoshiro Miwa

CARF-J-071: Hegemony, Trade and Credit Markets in the early modern Europe

Toru Iwami

CARF-J-070: Branch Network and Internal Flow of Funds of Mitsubishi Bank during the Second World War

Tetsuji Okazaki

CARF-J-069: GH skew Student's t-distribution in stochastic volatility model with application to stock returns

Yasuhiro Omori

CARF-J-068: The Economic Recession in 2008 and Corporate Accounting

Takashi Obinata

CARF-J-067: The Reality of Trade Credit and its Link to Bank Borrowing and Inventory: (2) Correlation Coefficients and Multiple Regressions

Yoshiro Miwa

CARF-J-066: The Reality of Trade Credit and its Link to Bank Borrowing and Inventory: (1) Overall Discussion and Preliminary Investigation

Yoshiro Miwa

CARF-J-065: The Reality of Short-term Shocks like the 'Credit Crunch' of 1997-1999 and the 'Financial Crisis' of 2007, and the Effectiveness of 'Emergency' Economic Measures ? A Follow-up to Miwa [2008]

Yoshiro Miwa

CARF-J-064: The Low 'Bank-Dependence Ratio' and Recent Further Increase in the 'Independence of Firms from Banks'

Yoshiro Miwa

CARF-J-063: "A Study of Financing Behavior of Japanese Firms with Firm-Level Data from Corporate Enterprise Quarterly Statistics ? 1994~2009: Introduction and Summary" (Revised in March 2011)

Yoshiro Miwa

CARF-J-062: "The Recent Economic and Financial Crisis: An Overview of its Causes, Propagation Mechanisms and Policy Responses" (in Japanese)

Kazuo Ueda

CARF-J-061: "Credit Guarantee" Policy [shin'yo hosho seido] for Small Businesses in Japan, with Reference to "the Special Credit Guarantee Policy" during 1998.10 - 2001.3

Yoshiro Miwa

CARF-J-060: The Role of the Central Bank under the Japanese Financial Crisis: Zero Interest Rate, Quantitative Easing, and Credit Easing

Shin-ichi Fukuda

CARF-J-059: Pricing Average Options under Stochastic Volatility Models

Kenichiro Shiraya, Akihiko Takahashi and Masashi Toda

CARF-J-058: The Benefits and Costs of Financial Globalization:The Anatomy of the Financial Crisis since 2007

Kazuo Ueda

CARF-J-057: Zaibatsu and Flow of Fund: A Case of Mitsubishi, 1937-1944"

Tetsuji Okazaki

CARF-J-056: The Role of Monetary Policy under Financial Turbulence

Shin-ichi Fukuda

CARF-J-055: Is Socially Responsible Investment Profitable?

Jiro Yoshida

CARF-J-054: "Credit Crunch"?: Details from Borrower Quarterly Financial Data about What Actually Happened in Japan during 1997-1999

Yoshiro Miwa

CARF-J-053: Net Income vs. Comprehensive Income -A Reexamination of Attributes, Relevance, and Price Informativeness-

Takashi Obinata

CARF-J-052: Usefulness of Earnings and Market Efficiency

Takashi Obinata

CARF-J-051: A Separation Theorem of Active Management and Synthetic Enhanced Active Strategies

Takao Kobayashi and Seiji Minami

CARF-J-050: Analysts' Earnings Forecasts and the Value Relevance of Earnings

Takashi Obinata

CARF-J-049: Accounting Behavior of Firms Recognizing Impairment Losses

Takashi Obinata and Takako Okuda

CARF-J-048: Book Review: "The Quiet Revolution", Alan Blinder

Kazuo Ueda

CARF-J-047: The Role of Real Estate in Finance

Jiro Yoshida

CARF-J-046: Rational Predictability of Real Estate Prices

Jiro Yoshida

CARF-J-045: Markov Switching Asymmetric Stochastic Volatility Model with Application to TOPIX Data -A Permutation Sampler Approach-

Tsunehiro Ishihara and Yasuhiro Omori

CARF-J-044: Financial Business in Tokugawa Japan

Makoto Kasuya

CARF-J-043: Value Relevance of Earnings Changes and Levels

Takashi Obinata

CARF-J-042: Pricing and Hedging of Long-Term Futures and Forward Contracts by a Three-Factor Model

Kenichiro Shiraya, Yosuke Fukunishi and Akihiko Takahashi

CARF-J-041: Information Revealing Effects of Anti-takeover Amendments: A case of Japan in 2005

Sumio Hirose, Tomotaka Fujita and Noriyuki Yanagawa

CARF-J-040: The Usefulness of Accounting Information and the Valuation of the Firm-- A Reexamination of the Efficient Market Hypothesis --

Takashi Obinata

CARF-J-039: Closed-form Solution of Bond Prices with Postponement of Redemption

Ryoichi Ikeda and Takao Kobayashi

CRRF-J-038: A Structural Approach without Path Dependency

Ryoichi Ikeda and Takao Kobayashi

CARF-J-037: Value Relevance of Earnings Information in Japan -- A Survey: The Empirical Findings by Foreign Researchers --

Takashi Obinata

CARF-J-036: Global Risk Sharing: Toward a stronger Financial System

Takao Kobayashi, Jeffrey Bohn and Risa Sai

CARF-J-035: Markov chain Monte Carlo method and its application to the stochastic volatility model

Yasuhiro Omori and Toshiaki Watanabe

CARF-J-034: The Case for View Based Dynamic ALM for Japanese Pension Funds: A New Approach to Liability Driven Investing

Sanjay Muralidhar, Masakazu Arikawa and Arun Muralidhar

CARF-J-033: Portfolio Management and Profitability of Mitsubishi Zaibatsu during the War: 1935-1944

Tetsuji Okazaki

CARF-J-032: ``On an Asymptotic Expansion Approach to Numerical Problems in Finance" (forthcoming in ``Sugaku," Vol. 59-1, (2007))

Akihiko Takahashi

CARF-J-031: The Critical Weakness of the Japanese Financial System and Its Remedy

Kobayashi Takao

CARF-J-030: The Market Efficiency - 35 years after Fama

Takao Kobayashi

CARF-J-029: Rethinking '100% Money': Challenges from New Financial Technology (Revised in November 2006)

Nai-fu Chen, Takao Kobayashi and Risa Sai

CARF-J-028: Selection and Performance Analysis of Asia-Pacific Hedge Funds

Kyo Yamamoto, Takeshi Hakamada and Akihiko Takahashi

CARF-J-027: Value Relevance of Consolidated Earnings -- Evaluation of Japanese Revolution and a New Proposal by FASB --

Takashi Obinata

CARF-J-026: Accounting Policy and the Value Relevance of Earnings --- The Case of Revenue Recognition in the Construction Industry ---

Takashi Obinata

CARF-J-025: On the Design of Social Security Contributions

Yasushi Iwamoto

CARF-J-024: On the Design of Social Security Financing

Yasushi Iwamoto

CARF-J-023: Persistence, Capitalization Coefficients, and Value Relevance of the Multi-step Income --- The Information Contents of the Multi-step Income Statement in Japan ---

Takashi Obinata

CARF-J-022: Bad Loans and Loan Write-Offs

Shin-ichi Fukuda and Satoshi Koibuchi

CARF-J-021: Role of Inter-bank Networks in the Pre-war Japanese Financial System

Tetsuji Okazaki and Michiru Sawada

CARF-J-020: Style Management and Behavioral Finance

Takao Kobayashi

CARF-J-019: Lenders of Last Resort and Selection of Banks in Pre-war Japan

Tetsuji Okazaki

CARF-J-018: Portfolio Management and Profitability of Mitsubishi Zaibatsu

Tetsuji Okazaki

CARF-J-017: Bankruptcy Analysis and Going-concern Opinion Is Cox Proportional Hazard Model applicable to the auditing practice?

Takashi Obinata

CARF-J-016: On Risk Management Methods of Equity-Linked Insurance and Practical Problems

Gouta Akiyama and Naoto Kunitomo

CARF-J-015: Value Relevance of Earnings Components in the Income Statement

Takashi Obinata

CARF-J-014: Value Relevance of Legally Mandated Provisions

Takashi Obinata

CARF-J-013: Seasonality and Seasonal Switching Time Series Models

Naoto Kunitomo and Makoto Takaoka

CARF-J-012: Bankruptcy Law, Corporate Finance, and Corporate Revival Process in Japan

Noriyuki Yanagawa, Sumio Hirose and Fumio Akiyoshi

CARF-J-011: Modeling Credit Risk: A Structural Approach with Long-term and Short-term Debts

Ryoichi Ikeda, Takao Kobayashi and Akihiko Takahashi

CARF-J-010: An Analysis of Shareholders' Lists for 60 Cotton Spinning Companies in 1898

Yoichi Kobayakawa, Suzuki Tsuneo and Kazuo Wada

CARF-J-009: High-frequency Contagion between the Exchange Rates and Stock Prices during the Asian Currency Crisis

Hashimoto Yuko and Takatoshi Ito

CARF-J-008: Value Relevance of Segment Disclosure in Railroad Industry

Takashi Obinata

CARF-J-007: The Genesis and the Development of the Pre-war Japanese Stock Market

Tetsuji Okazaki, Yasushi Hamao and Takeo Hoshi

CARF-J-006: Multiperiod Statistical Risk Management Methods and Equity-Linked Life Insurance

Naoto Kunitomo and Tomoyuki Ichiba

CARF-J-005: Monte Carlo Simulation with an Asymptotic Expansion in HJM Framework

Akihiko Takahashi and Shuichiro Matsushima

CARF-J-004: The Value Relevance of Earnings in Transportation Industry

Takashi Obinata

CARF-J-003: A case study about corporate revival process: Nitto Kougyou

Noriyuki Yanagawa and Ryoko Oki

CARF-J-002: A case study about corporate revival process: Snow Brand Milk Products

Noriyuki Yanagawa and Ryoko Oki

CARF-J-001: Discretionary Determination and Value Relevance of Accrual Expenses incurred by Nuclear Power Plant

Takashi Obinata