Some Structural Causes of Japan’s Banking Problems

Luke Gower
Additional contact information
Luke Gower: Reserve Bank of Australia

RBA Research Discussion Papers from Reserve Bank of Australia

Abstract: This paper reviews corporate finance literature which explains some of the long-term causes of the Japanese banking sector’s poor performance in the early 1990s. It concentrates on the ideas that an adverse selection problem developed in the bank lending market during the 1980s, and that banks had strong incentives to seek out borrowers which were of lower quality and which had greater exposure to adverse movements in asset prices. Possible links between these hypotheses and the macroeconomic environment are also considered.

Keywords: Japanese; finance (search for similar items in EconPapers)
JEL-codes: E44 G30 (search for similar items in EconPapers)
Date: 2000-05
New Economics Papers: this item is included in nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-03.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rba:rbardp:rdp2000-03

Access Statistics for this paper

More papers in RBA Research Discussion Papers from Reserve Bank of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Paula Drew ().