Academic Journal
Does a Large Loss of Bank Capital Cause Evergreening? Evidence from Japan
| العنوان: | Does a Large Loss of Bank Capital Cause Evergreening? Evidence from Japan |
|---|---|
| المؤلفون: | Wako Watanabe, Anil K Kashyap, Miles Kimball, Keiichiro Kobayashi, Jean-Phillip Laforte, Guido Lorenzoni, Yoichi Nemoto, Masaya Sakuragawa, Gary Saxonhouse, Greg Udell |
| المساهمون: | The Pennsylvania State University CiteSeerX Archives |
| المصدر: | http://www.fbc.keio.ac.jp/%7Ewakow/evergreening_revised_jjie.pdf. |
| سنة النشر: | 2010 |
| المجموعة: | CiteSeerX |
| الوصف: | Using the real estate lending share of the bank's loan portfolio at the peak of the land price bubble as an instrument for bank capital, we identify the impact of capital adequacy on the allocation of bank lending under the Basel regulatory framework. We find that, in Japan, a large loss of bank capital caused by the regulator's excessively tough stance towards banks not only induced the contraction of the bank lending supply but also the banks' reallocation of their lending portfolios to financially unhealthy industries with a higher concentration of non-performing loans. |
| نوع الوثيقة: | text |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.1036.7523; http://www.fbc.keio.ac.jp/%7Ewakow/evergreening_revised_jjie.pdf |
| الاتاحة: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.1036.7523 http://www.fbc.keio.ac.jp/%7Ewakow/evergreening_revised_jjie.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| رقم الانضمام: | edsbas.9BF8B225 |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |