Pushed Past the Limit? How Japanese Banks Reacted to Negative Interest Rates

Pushed Past the Limit? How Japanese Banks Reacted to Negative Interest Rates
In this paper, we investigate how negative interest rate policy (NIRP) introduced in January 2016 by the Bank of Japan (BoJ) affected Japanese banks' lending and risk taking behavior. The BoJ's announcement was an unexpected surprise to the market and was followed by a sharp drop in equity prices of Japanese financial firms. We exploit the... READ MORE...

Publication date: June 2018
ISBN 9781484361610
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: June 2018

PDF

Publication date: June 2018

ePub

Publication date: June 2018

Mobi

Publication date: June 2018

English