메뉴 건너뛰기




Volumn 3, Issue 1, 2011, Pages 155-183

Bank integration and transmission of financial shocks: Evidence from Japan

Author keywords

[No Author keywords available]

Indexed keywords


EID: 79958153941     PISSN: 19457707     EISSN: 19457715     Source Type: Journal    
DOI: 10.1257/mac.3.1.155     Document Type: Article
Times cited : (33)

References (54)
  • 1
    • 15844426510 scopus 로고    scopus 로고
    • Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools
    • Altonji, Joseph G., Todd E. Elder, and Christopher R. Taber. 2005. "Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools." Journal of Political Economy, 113(1): 151-84.
    • (2005) Journal of Political Economy , vol.113 , Issue.1 , pp. 151-184
    • Altonji, J.G.1    Elder, T.E.2    Taber, C.R.3
  • 2
    • 33645748766 scopus 로고    scopus 로고
    • Are Banks Really Special? New Evidence from the FDIC-Induced Failure of Healthy Banks
    • Ashcraft, Adam B. 2005. "Are Banks Really Special? New Evidence from the FDIC-Induced Failure of Healthy Banks." American Economic Review, 95(5): 1712-30.
    • (2005) American Economic Review , vol.95 , Issue.5 , pp. 1712-1730
    • Ashcraft, A.B.1
  • 5
    • 0035132052 scopus 로고    scopus 로고
    • The Morning After: Explaining the Slowdown in Japanese Growth in the 1990s
    • Bayoumi, Tamim. 2001. "The Morning After: Explaining the Slowdown in Japanese Growth in the 1990s." Journal of International Economics, 53(2): 241-59.
    • (2001) Journal of International Economics , vol.53 , Issue.2 , pp. 241-259
    • Bayoumi, T.1
  • 6
    • 84974183585 scopus 로고
    • What to Do (and Not to Do) with Time-Series Cross-Section Data
    • Beck, Nathaniel, and Jonathan N. Katz. 1995. "What to Do (and Not to Do) with Time-Series Cross-Section Data." American Political Science Review, 89(3): 634-47.
    • (1995) American Political Science Review , vol.89 , Issue.3 , pp. 634-647
    • Beck, N.1    Katz, J.N.2
  • 7
    • 16844377675 scopus 로고    scopus 로고
    • Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks
    • Berger, Allen N., Nathan H. Miller, Mitchell A. Petersen, Raghuram G. Rajan, and Jeremy C. Stein. 2005. "Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks." Journal of Financial Economics, 76(2): 237-69.
    • (2005) Journal of Financial Economics , vol.76 , Issue.2 , pp. 237-269
    • Berger, A.N.1    Miller, N.H.2    Petersen, M.A.3    Rajan, R.G.4    Stein, J.C.5
  • 8
    • 0001114148 scopus 로고
    • Nonmonetary Effects of the Financial Crisis in Propagation of the Great Depression
    • Bernanke, Ben S. 1983. "Nonmonetary Effects of the Financial Crisis in Propagation of the Great Depression." American Economic Review, 73(3): 257-76.
    • (1983) American Economic Review , vol.73 , Issue.3 , pp. 257-276
    • Bernanke, B.S.1
  • 9
    • 0002516839 scopus 로고
    • Inside the Black Box: The Credit Channel of Monetary Policy Transmission
    • Bernanke, Ben S., and Mark Gertler. 1995. "Inside the Black Box: The Credit Channel of Monetary Policy Transmission." Journal of Economic Perspectives, 9(4): 27-48.
    • (1995) Journal of Economic Perspectives , vol.9 , Issue.4 , pp. 27-48
    • Bernanke, B.S.1    Gertler, M.2
  • 10
    • 0344895869 scopus 로고    scopus 로고
    • How Much Should We Trust Differences-in-Differences Estimates?
    • Bertrand, Marianne, Esther Duflo, and Sendhil Mullainathan. 2004. "How Much Should We Trust Differences-in-Differences Estimates?" Quarterly Journal of Economics, 119(1): 249-75.
    • (2004) Quarterly Journal of Economics , vol.119 , Issue.1 , pp. 249-275
    • Bertrand, M.1    Duflo, E.2    Mullainathan, S.3
  • 11
    • 33947274058 scopus 로고    scopus 로고
    • Banking Deregulation and Industry Structure: Evidence from the French Banking Reforms of 1985
    • Bertrand, Marianne, Antoinette Schoar, and David Thesmar. 2007. "Banking Deregulation and Industry Structure: Evidence from the French Banking Reforms of 1985." Journal of Finance, 62(2): 597-628.
    • (2007) Journal of Finance , vol.62 , Issue.2 , pp. 597-628
    • Bertrand, M.1    Schoar, A.2    Thesmar, D.3
  • 13
    • 0034560822 scopus 로고    scopus 로고
    • Demand Shifts, Population Adjustments, and Labor Market Outcomes during the 1980s
    • Bound, John, and Harry J. Holzer. 2000. "Demand Shifts, Population Adjustments, and Labor Market Outcomes during the 1980s." Journal of Labor Economics, 18(1): 20-54.
    • (2000) Journal of Labor Economics , vol.18 , Issue.1 , pp. 20-54
    • Bound, J.1    Holzer, H.J.2
  • 14
    • 58149268885 scopus 로고    scopus 로고
    • Zombie Lending and Depressed Restructuring in Japan
    • Caballero, Ricardo J., Takeo Hoshi, and Anil K. Kashyap. 2008. "Zombie Lending and Depressed Restructuring in Japan." American Economic Review, 98(5): 1943-77.
    • (2008) American Economic Review , vol.98 , Issue.5 , pp. 1943-1977
    • Caballero, R.J.1    Takeo, H.2    Kashyap, A.K.3
  • 15
    • 2942756014 scopus 로고    scopus 로고
    • Consequences of Bank Distress during the Great Depression
    • Calomiris, Charles W., and Joseph R. Mason. 2003. "Consequences of Bank Distress during the Great Depression." American Economic Review, 93(3): 937-47.
    • (2003) American Economic Review , vol.93 , Issue.3 , pp. 937-947
    • Calomiris, C.W.1    Mason, J.R.2
  • 19
    • 0002765108 scopus 로고    scopus 로고
    • Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World?
    • ed. Jeffrey A. Frankel, Chicago: University of Chicago Press
    • Deardorff, Alan V. 1998. "Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World?" In The Regionalization of the World Economy, ed. Jeffrey A. Frankel, 7-22. Chicago: University of Chicago Press.
    • (1998) The Regionalization of the World Economy , pp. 7-22
    • Deardorff, A.V.1
  • 20
    • 0031536608 scopus 로고    scopus 로고
    • Diversification, Size, and Risk at Bank Holding Companies
    • Demsetz, Rebecca S., and Philip E. Strahan. 1997. "Diversification, Size, and Risk at Bank Holding Companies." Journal of Money, Credit, and Banking, 29(3): 300-313.
    • (1997) Journal of Money, Credit, and Banking , vol.29 , Issue.3 , pp. 300-313
    • Demsetz, R.S.1    Strahan, P.E.2
  • 21
    • 36649020938 scopus 로고    scopus 로고
    • U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income
    • Demyanyk, Yuliya, Charlotte Ostergaard, and Bent E. Sørensen. 2007. "U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income." Journal of Finance, 62(6): 2763-2801.
    • (2007) Journal of Finance , vol.62 , Issue.6 , pp. 2763-2801
    • Demyanyk, Y.1    Ostergaard, C.2    Sørensen, B.E.3
  • 22
    • 1642501185 scopus 로고    scopus 로고
    • Does Bank Lending Affect Output? Evidence from the U.S. States
    • Driscoll, John C. 2004. "Does Bank Lending Affect Output? Evidence from the U.S. States." Journal of Monetary Economics, 51(3): 451-71.
    • (2004) Journal of Monetary Economics , vol.51 , Issue.3 , pp. 451-471
    • Driscoll, J.C.1
  • 23
    • 0040165091 scopus 로고    scopus 로고
    • Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data
    • Driscoll, John C., and Aart C. Kraay. 1998. "Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data." Review of Economics and Statistics, 80(4): 549-60.
    • (1998) Review of Economics and Statistics , vol.80 , Issue.4 , pp. 549-560
    • Driscoll, J.C.1    Kraay, A.C.2
  • 24
    • 0000231078 scopus 로고    scopus 로고
    • Does Trade Cause Growth?
    • Frankel, Jeffrey A., and David Romer. 1999. "Does Trade Cause Growth?" American Economic Review, 89(3): 379-99.
    • (1999) American Economic Review , vol.89 , Issue.3 , pp. 379-399
    • Frankel, J.A.1    Romer, D.2
  • 25
    • 35449003668 scopus 로고    scopus 로고
    • The Real Effects of Asset Market Bubbles: Loan- and Firm-Level Evidence of a Lending Channel
    • Gan, Jie. 2007. "The Real Effects of Asset Market Bubbles: Loan- and Firm-Level Evidence of a Lending Channel." Review of Financial Studies, 20(6): 1941-73.
    • (2007) Review of Financial Studies , vol.20 , Issue.6 , pp. 1941-1973
    • Gan, J.1
  • 26
    • 22044435516 scopus 로고
    • Can Bank Health Affect Investment? Evidence from Japan
    • Gibson, Michael S. 1995. "Can Bank Health Affect Investment? Evidence from Japan." Journal of Business, 68(3): 281-308.
    • (1995) Journal of Business , vol.68 , Issue.3 , pp. 281-308
    • Gibson, M.S.1
  • 27
    • 0012075226 scopus 로고    scopus 로고
    • More Evidence on the Link between Bank Health and Investment in Japan
    • Gibson, Michael S. 1997. "More Evidence on the Link between Bank Health and Investment in Japan." Journal of the Japanese and International Economies, 11(3): 296-310.
    • (1997) Journal of the Japanese and International Economies , vol.11 , Issue.3 , pp. 296-310
    • Gibson, M.S.1
  • 28
    • 84972474622 scopus 로고
    • The Shoe That Didn't Drop: Explaining Banking Stability during the Great Depression
    • Grossman, Richard S. 1994. "The Shoe That Didn't Drop: Explaining Banking Stability during the Great Depression." Journal of Economic History, 54(3): 654-82.
    • (1994) Journal of Economic History , vol.54 , Issue.3 , pp. 654-682
    • Grossman, R.S.1
  • 32
    • 0036771542 scopus 로고    scopus 로고
    • Impacts of the Basle Capital Standard on Japanese Banks' Behavior
    • Ito, Takatoshi, and Yuri Nagataki Sasaki. 2002. "Impacts of the Basle Capital Standard on Japanese Banks' Behavior." Journal of the Japanese and International Economies, 16(3): 372-97.
    • (2002) Journal of the Japanese and International Economies , vol.16 , Issue.3 , pp. 372-397
    • Ito, T.1    Sasaki, Y.N.2
  • 33
    • 0034399177 scopus 로고    scopus 로고
    • Capital Market Frictions and Deposit Constraints at Banks
    • Jayaratne, Jith, and Donald P. Morgan. 2000. "Capital Market Frictions and Deposit Constraints at Banks." Journal of Money, Credit, and Banking, 32(1): 74-92.
    • (2000) Journal of Money, Credit, and Banking , vol.32 , Issue.1 , pp. 74-92
    • Jayaratne, J.1    Morgan, D.P.2
  • 34
    • 0039863891 scopus 로고    scopus 로고
    • The Finance-Growth Nexus: Evidence from Bank Branch Deregulation
    • Jayaratne, Jith, and Philip E. Strahan. 1996. "The Finance-Growth Nexus: Evidence from Bank Branch Deregulation." Quarterly Journal of Economics, 111(3): 639-70.
    • (1996) Quarterly Journal of Economics , vol.111 , Issue.3 , pp. 639-670
    • Jayaratne, J.1    Strahan, P.E.2
  • 36
    • 0000289297 scopus 로고    scopus 로고
    • What Do a Million Observations on Banks Say about the Transmission of Monetary Policy?
    • Kashyap, Anil K., and Jeremy C. Stein. 2000. "What Do a Million Observations on Banks Say about the Transmission of Monetary Policy?" American Economic Review, 90(3): 407-28.
    • (2000) American Economic Review , vol.90 , Issue.3 , pp. 407-428
    • Kashyap, A.K.1    Stein, J.C.2
  • 37
    • 0034400634 scopus 로고    scopus 로고
    • Bank Size, Bank Capital, and the Bank Lending Channel
    • Kishan, Ruby P., and Timothy P. Opiela. 2000. "Bank Size, Bank Capital, and the Bank Lending Channel." Journal of Money, Credit, and Banking, 32(1): 121-41.
    • (2000) Journal of Money, Credit, and Banking , vol.32 , Issue.1 , pp. 121-141
    • Kishan, R.P.1    Opiela, T.P.2
  • 38
    • 31444434740 scopus 로고    scopus 로고
    • Distance Constraints: The Limits of Foreign Lending in Poor Economies
    • Mian, Atif. 2006. "Distance Constraints: The Limits of Foreign Lending in Poor Economies." Journal of Finance, 61(3): 1465-1505.
    • (2006) Journal of Finance , vol.61 , Issue.3 , pp. 1465-1505
    • Mian, A.1
  • 39
    • 67349097792 scopus 로고    scopus 로고
    • Globalization and Financial Development
    • Mishkin, Frederic S. 2009. "Globalization and Financial Development." Journal of Development Economics, 89(2): 164-69.
    • (2009) Journal of Development Economics , vol.89 , Issue.2 , pp. 164-169
    • Mishkin, F.S.1
  • 40
    • 17744390167 scopus 로고    scopus 로고
    • Bank Supervision, Regulation, and Instability during the Great Depression
    • Mitchener, Kris James. 2005. "Bank Supervision, Regulation, and Instability during the Great Depression." Journal of Economic History, 65(1): 152-85.
    • (2005) Journal of Economic History , vol.65 , Issue.1 , pp. 152-185
    • Mitchener, K.J.1
  • 41
    • 10444270992 scopus 로고    scopus 로고
    • Bank Integration and State Business Cycles
    • Morgan, Donald P., Bertrand Rime, and Philip E. Strahan. 2004. "Bank Integration and State Business Cycles." Quarterly Journal of Economics, 119(4): 1555-84.
    • (2004) Quarterly Journal of Economics , vol.119 , Issue.4 , pp. 1555-1584
    • Morgan, D.P.1    Rime, B.2    Strahan, P.E.3
  • 42
    • 0038942827 scopus 로고    scopus 로고
    • Bank Lending in Japan: Its Determinants and Macroeconomic Implications
    • ed. Takeo Hoshi, and Hugh Patrick, Boston: Kluwer Academic
    • Ogawa, Kazuo, and Shin-Ichi Kitasaka. 2000. "Bank Lending in Japan: Its Determinants and Macroeconomic Implications." In Crisis and Change in the Japanese Financial System, ed. Takeo Hoshi, and Hugh Patrick, 159-99. Boston: Kluwer Academic.
    • (2000) Crisis and Change in the Japanese Financial System , pp. 159-199
    • Ogawa, K.1    Kitasaka, S.-I.2
  • 43
    • 84977736967 scopus 로고
    • Deposit Insurance and Wealth Effects: The Value of Being 'Too Big to Fail'
    • O'Hara, Maureen, and Wayne Shaw. 1990. "Deposit Insurance and Wealth Effects: The Value of Being 'Too Big to Fail'." Journal of Finance, 45(5): 1587-1600.
    • (1990) Journal of Finance , vol.45 , Issue.5 , pp. 1587-1600
    • O'Hara, M.1    Shaw, W.2
  • 44
    • 0001578789 scopus 로고    scopus 로고
    • The International Transmission of Financial Shocks: The Case of Japan
    • Peek, Joe, and Eric S. Rosengren. 1997. "The International Transmission of Financial Shocks: The Case of Japan." American Economic Review, 87(4): 495-505.
    • (1997) American Economic Review , vol.87 , Issue.4 , pp. 495-505
    • Peek, J.1    Rosengren, E.S.2
  • 45
    • 0002846420 scopus 로고    scopus 로고
    • Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States
    • Peek, Joe, and Eric S. Rosengren. 2000. "Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States." American Economic Review, 90(1): 30-45.
    • (2000) American Economic Review , vol.90 , Issue.1 , pp. 30-45
    • Peek, J.1    Rosengren, E.S.2
  • 46
    • 29544450516 scopus 로고    scopus 로고
    • Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan
    • Peek, Joe, and Eric S. Rosengren. 2005. "Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan." American Economic Review, 95(4): 1144-66.
    • (2005) American Economic Review , vol.95 , Issue.4 , pp. 1144-1166
    • Peek, J.1    Rosengren, E.S.2
  • 47
    • 84892702170 scopus 로고    scopus 로고
    • Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches
    • Petersen, Mitchell A. 2009. "Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches." Review of Financial Studies, 22(1): 435-80.
    • (2009) Review of Financial Studies , vol.22 , Issue.1 , pp. 435-480
    • Petersen, M.A.1
  • 50
    • 64349094413 scopus 로고    scopus 로고
    • Why Did Financial Globalization Disappoint?
    • Rodrik, Dani, and Arvind Subramanian. 2009. "Why Did Financial Globalization Disappoint?" IMF Staff Papers, 56(1): 112-38.
    • (2009) IMF Staff Papers , vol.56 , Issue.1 , pp. 112-138
    • Rodrik, D.1    Subramanian, A.2
  • 53
    • 0034953588 scopus 로고    scopus 로고
    • Sources of Contagion: Is It Finance or Trade?
    • Van Rijckeghem, Caroline, and Beatrice Weder. 2001. "Sources of Contagion: Is It Finance or Trade?" Journal of International Economics, 54(2): 293-308.
    • (2001) Journal of International Economics , vol.54 , Issue.2 , pp. 293-308
    • Van Rijckeghem, C.1    Weder, B.2
  • 54
    • 34247504729 scopus 로고    scopus 로고
    • Prudential Regulation and the 'Credit Crunch': Evidence from Japan
    • Watanabe, Wako. 2007. "Prudential Regulation and the 'Credit Crunch': Evidence from Japan." Journal of Money, Credit, and Banking, 39(2-3): 639-65.
    • (2007) Journal of Money, Credit, and Banking , vol.39 , Issue.2-3 , pp. 639-665
    • Watanabe, W.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.