Search Results
Journal Article
External shocks and adjustment in four Asian economics--1978-87
Journal Article
A stable dollar?
Journal Article
GDP fluctuations: permanent or temporary?
Journal Article
GATS and banking in the Pacific Basin
Journal Article
Responding to Asia's crises
Journal Article
Dealing with currency crises
Journal Article
Sluggish money growth: Japan's recent experience
Journal Article
Stock prices and bank lending behavior in Japan
This study attempts to shed light on whether stock price movements have contributed to recent fluctuations in bank lending in Japan by examining the historical relationship between stock prices and bank lending in that country. It is found that prior to the mid-1980s the relationship between stock prices and bank lending was weak, but subsequently strengthened considerable. This coincided with a change in the regulatory environment that encouraged banking institutions to pay more attention to their capital positions. Since the late 1980s, fluctuations in stock prices appear to have made ...