Project/Area Number |
21730235
|
Research Category |
Grant-in-Aid for Young Scientists (B)
|
Allocation Type | Single-year Grants |
Research Field |
Economic policy
|
Research Institution | International Christian University |
Principal Investigator |
MONTGOMERY Heather International Christian University, 教養学部, 准教授 (60468551)
|
Project Period (FY) |
2009 – 2010
|
Project Status |
Completed (Fiscal Year 2010)
|
Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2010: ¥3,380,000 (Direct Cost: ¥2,600,000、Indirect Cost: ¥780,000)
Fiscal Year 2009: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
|
Keywords | 金融機関 / 資本注入 / 合併 / 効率性 / 金融危機 / 対策 |
Research Abstract |
The global financial crisis of 2007-2008 has spurred a variety of policy responses around the globe. Many of these policies have been hotly debated. The debates resemble those of Japan in the late 1990s, when opinions on the proper policy response to Japan's own banking crisis were sharply divided. In this study, we consider the lessons - positive and negative - Japan's experience provides to other countries now coping with the ongoing subprime crisis. In particular, we examine the effectiveness of the capital injections into the US banking system, comparing the effects with Japan's own experiment with bank recapitalization in the late 1990s. We then explore the effects of bank size on bank efficiency and examine the impact of the hastily arranged bank mergers on bank performance.
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