Redesign of the financial system using the market discipline and the prudential regulation
| Project/Area Number |
19530284
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Public finance/Monetary economics
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| Research Institution | Keio University |
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Principal Investigator |
MAEDA Yasuo Keio University, 経済学部, 教授 (60229317)
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| Project Period (FY) |
2007 – 2010
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| Project Status |
Completed (Fiscal Year 2010)
|
| Budget Amount *help |
¥4,420,000 (Direct Cost: ¥3,400,000、Indirect Cost: ¥1,020,000)
Fiscal Year 2010: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2009: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2008: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2007: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
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| Keywords | 市場規律 / 劣後債のプレミアム / 預金者と債券保有者 / 金融論 / 劣後債 / 預金者規律 |
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| Research Abstract |
It was clarified that the change in the premium of subordinate debts reflects the financial position of financial institutions. The discipline by subordinate debts is based on the financial position of financial institutions, and the increase in the rate of deposit interest also reflects the hard data of financial institutions such as financial documents. Based on these empirical findings, it is concluded that we are in the stage where the market discipline functions well.
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Report
(6 results)
Research Products
(9 results)
