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...

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Detaylı Bibliyografya
Yazar: Hong, Gee Hee
Diğer Yazarlar: Kandrac, John
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2018.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2018/131
Online Erişim:Full text available on IMF