2010 Fiscal Year Final Research Report
Evolution pattern of the prewar financial system of Japan ; an approach from the mechanism of institutional changes
| Project/Area Number |
19530289
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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 | Nihon University |
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Principal Investigator |
TERANISHI Juro Nihon University, 商学部, 教授 (70017664)
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| Project Period (FY) |
2007 – 2010
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| Keywords | 戦前期金融システム / 銀行 / 市場 / 政治過程 / 思想 / 認知モデル / 人的資本 |
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| Research Abstract |
Three issues about the nature of the financial system of prewar Japan are examined. It is shown that there was a division of labor between banks and financial markets in the prewar period, that the evolution of the financial system was largely governed by the preference of asset holders, and that the prewar financial system was evolving toward the bank-centered system of the postwar period.
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