"How Do Relationship Lenders Price Loans to Small Firms?: "Hold-Up" Costs, Transparency, and Private and Public Security"
by WATANABE Wako (Keio University)
October 27, 2007

"Consolidation of Banks in Japan: Causes and Consequences"
by HOSONO Kaoru (Gakushuin University), SAKAI Koji (Japan Society for the Promotion of Science), and TSURU Kotaro (Senior Fellow, RIETI)
October 2007

"Lending Competition, Relationship Banking, and Credit Availability for Entrepreneurs"
by OGURA Yoshiaki (Hitotsubashi University)
June 2007

"Bank Restructuring in Asia: Crisis management in the aftermath of the Asian financial crisis and prospects for crisis prevention -Korea-"
by ITO Takatoshi (Faculty Fellow, RIETI / the University of Tokyo) and HASHIMOTO Yuko (Toyo University)
June 2007

"Bank Restructuring in Asia: Crisis management in the aftermath of the Asian financial crisis and prospects for crisis prevention -Malaysia-"
by ITO Takatoshi (Faculty Fellow, RIETI / the University of Tokyo) and HASHIMOTO Yuko (Toyo University)
June 2007

"Bank Consolidation and Soft Information Acquisition in Small Business Lending"
by OGURA Yoshiaki (Hitotsubashi University) and UCHIDA Hirofumi (Wakayama University)
June 2007

"Multiple Bank Relationships and the Main Bank System: Evidence from a Matched Sample of Japanese Small Firms and Main Banks"
by OGAWA Kazuo (Osaka University), Elmer STERKEN (University of Groningen), and TOKUTSU Ichiro (Konan University)
April 2007

"Relatively High Interest Rates for Okinawa Companies: A quantitative analysis by means of a nationwide comparison"
by ABIKO Yuichi (Professor, School of Economics, Kinki University)
September 2006

"Consolidation of Cooperative Banks ('Shinkin') in Japan:Motives and Consequences"
by HOSONO Kaoru (Gakushuin University), SAKAI Koji (Graduate School of Hitotsubashi University) and TSURU Kotaro (Senior Fellow)
August 2006

"Do Banks Reduce Lending Preemptively in Response to Capital Losses?"
by Shinichi Nishiyama (Bank of Canada), Tae Okada (Graduate School of Economics, Osaka University), Wako Watanabe (Graduate School of Economics and Management, Tohoku University)
March 2006

"The Governance of Regional Banks"
by UEMURA Shuichi (Senior Fellow, RIETI) and WATANABE Yoshitsugu (Graduate School of Economics, Keio University)
March 2006

"Has the Credit Crunch Occurred in Japan in 1990s?"
by Daisuke Ishikawa (Kyoto University), Yoshiro Tsutsui (Faculty Fellow, RIETI / Osaka University)
March 2006

"Characteristics of Small and Medium-size Enterprises that Have Changed Their Main Bank"
by KANO Masaji (Professor, School of Economics, Osaka Prefectural University)
February 2006

"Efficiency Hypothesis versus Structure-Conduct-Performance Hypothesis Revisited"
by TSUTSUI Yoshiro (Faculty Fellow, RIETI and Professor, Osaka University), SATAKE Mitsuhiko (Professor, Ryukoku University), UCHIDA Hirofumi (Associate Professor, Wakayama University)
January 2006

"Corporate Demand for Financial Services and Issues in SME Finance"
by YAMORI Nobuyoshi (Professor, Nagoya University)
January 2006

"Banking Crises, Deposit Insurance, and Market Discipline: Lessons from the Asian Crises"
by HOSONO Kaoru (Gakushuin University), IWAKI Hiroko (Development Bank of Japan) and TSURU Kotaro (Senior Fellow, RIETI)
December 2005

"How Are Loans by Their Main Bank Priced? Bank Effects, Information and Non-price Terms of Contract"
by Wako Watanabe (Graduate School of Economics and Management Tohoku University)
November 2005

"The Role of Collateral and Personal Guarantees in Relationship Lending: Evidence from Japan's Small Business Loan Market"
by Arito Ono (Mizuho Research Institute), Iichiro Uesugi (Fellow, RIETI)
November 2005

"Firm Age and the Evolution of Borrowing Costs: Evidence from Japanese Small Firms"
by Koji Sakai (Graduate School of Economics, Hitotsubashi University), Iichiro Uesugi (Fellow, RIETI) and Tsutomu Watanabe (Faculty Fellow, RIETI / Institute of Economic Research, Hitotsubashi University)
November 2005

"Test of the Efficiency Hypothesis with an Application to Japanese Major Banks"
by TSUTSUI Yoshiro (Faculty Fellow, RIETI), SATAKE Mitsuhiko (Professor, Ryukoku University), UCHIDA Hirofumi (Associate Professor, Wakayama University)
September 2005

"Bank Regulation and Market Discipline around the World"
by HOSONO Kaoru, IWAKI Hiroko and TSURU Kotaro
October 2004

"Payment Uncertainty and the Productivity Slowdown"
by KOBAYASHI Keiichiro, Fellow, RIETI
September 2004

"A Theory of Banking Crises"
by KOBAYASHI Keiichiro, Fellow, RIETI
July 2003

"Debt Deflation and Bank Recapitalization"
by KOBAYASHI Keiichiro, Fellow, RIETI
February 2003

"Selected Observations Regarding the Resolution of Troubled Loans In Japan" [PDF:698 KB]
by David C.COOKE, Managing Director, KPMG Consulting
RIETI Policy Symposium, September 25, 2001

"How Can the U.S. Experience in Removing Bank Bad Debts Be Useful To Japan?" [PDF:19.8 KB]
by L. William SEIDMAN, CNBC Chief Economics Commentator / Former RTC Chairman
RIETI Policy Symposium, September 25, 2001

"Japan's Non-Performing Asset Problem and the Prospects for Economic Recovery" [PDF:693 KB]
by NAKAMAE Tadashi, President, International Economic Research
RIETI Policy Symposium, September 25, 2001

"Five Principles for Dealing with Non-Performing Loans" [PDF:18.7 KB]
by Peter J. WALLISON, Resident Fellow, American Enterprise Institute
RIETI Policy Symposium, September 25, 2001

"Non Performing Asset Restructuring for Japan's Economic Recovery" [PDF:28.8 KB]
by Richard A. GITLIN, Partner, Bingham Dana Murase LLP
RIETI Policy Symposium, September 25, 2001

"Remarks on Economic Growth and Reform in Japan" [PDF:25.5 KB]
by R. Glenn HUBBARD, Chairman,U.S. Council of Economic Advisers
RIETI Policy Symposium, September 25, 2001

"Japan's NPL Problem; Clear and Present Danger" [PDF:768 KB]
by SHIOZAKI Yasuhisa, Member, House of Representatives
RIETI Policy Symposium, September 25, 2001

"Why Japan will Excel in the Financial Services Industry"
by Eugene A. MATTHEWS, Senior Fellow, Asia Studies, Council on Foreign Relations
June 12, 2002

"What Has Become Apparent from the Disputes over UFJ's Planned Merger with MTFG"
by KOBAYASHI Keiichiro, Fellow, RIETI
Asahi Shimbun, August 22, 2004

"The Economic Disputes of the Past Decade"
by KOBAYASHI Keiichiro, Fellow, RIETI
Asahi Shimbun, April 8-19, 2004

"Laggard Structural Reform Hurts Society's Weak"
by KOBAYASHI Keiichiro, Fellow, RIETI
Tokyo Shimbun, February 12, 2004

"Reinvent Bank Culture and Business Models"
by KOBAYASHI Keiichiro, Fellow, RIETI
International Herald Tribune / The Asahi Shimbun, August 2-3, 2003

"Recovery from Recession May Take Decades"
by KOBAYASHI Keiichiro, Fellow, RIETI
Bungei Shunju, May 2002

"Concerted Policy Efforts Necessary to Solve Bad Loan Problem"
by KOBAYASHI Keiichiro, Fellow, RIETI
NIKKEI Shimbun, April 15, 2002

"Test of the Efficiency Structure Hypothesis with an Application to Major Japanese Banks"
by TSUTSUI Yoshiro (Fellow, RIETI), SATAKE Mitsuhiko (Professor, Ryukoku University) and UCHIDA Hirofumi (Associate Professor, Wakayama University)
Research & Review, February 2006

"A Perspective on the Type of Financial Regulation Needed to Strengthen Local Financial Institutions: 'Numerical Targets' Versus 'Evaluation System'"
by TSURU Kotaro, Senior Fellow, RIETI
May 2, 2005

"Daiei's Rehabilitation - IRCJ's Support Must Be Based on Strict Asset Assessment and Market Mechanisms"
by TSURU Kotaro, Senior Fellow, RIETI
October 26, 2004

"How to Interpret the UFJ Merger Drama"
by TSURU Kotaro, Senior Fellow, RIETI
September 7, 2004

"A Clear Line Must be Drawn Between 'Regional Revitalization' and Banking Administration: Assessment of the 'Financial Function Reinforcement Law'"
by TSURU Kotaro, Senior Fellow, RIETI
July 6, 2004

"A Return to the 'Convoy System' of Financial Administration?: Assessment of the 'Payment and Settlement Deposit,' a Stepping Stone Toward the Full Introduction of the 'Payoff' Limited Deposit Protection System in April 2005"
by TSURU Kotaro, Senior Fellow, RIETI
May 25, 2004

"The Points of Contention Surrounding Postal Services Reform"
by KOBAYASHI Keiichiro, Fellow, RIETI
April 20, 2004

"How to Interpret the Excess Debt" Problem: Debt Discipline or Debt Overhang?"
by MIYAJIMA Hideaki, Faculty Fellow, RIETI
March 18, 2003

"Fostering Corporate Self-reliance"
by TSURU Kotaro, Senior Fellow, RIETI
November 19, 2002

"Two Years is Too Short to Solve Nonperforming Loan (NPL) Problems"
by FUJIWARA Mikiko, Visiting Fellow, RIETI
November 12, 2002

"The Dilemma Facing Financial Policy: The Merits and Demerits of Signaling"
by TSURU Kotaro, Senior Fellow, RIETI
October 17, 2002

"The Essence of Japan's Non-Performing Loan Problem"
by TAKAHASHI Yoichi, Consulting Fellow, RIETI
September 11, 2001

"Stop Rolling over the Bad Loan Problems"
by TSURU Kotaro, Senior Fellow, RIETI
June 5, 2001

"Toward Reconstruction of Banks: Can Public Bailout of Resona Bank become Model Case? (Part 1) - Handling of Deferred Tax Assets and Evaluation of Financial Crisis Preventive Measures -"
by TSURU Kotaro, Senior Fellow, RIETI
Policy Update 10, June 16, 2003

"Toward Reconstruction of Banks: Can Public Bailout of Resona Bank Become Model Case? (Part 2) - Rebuilding of Governance System -"
by TSURU Kotaro, Senior Fellow, RIETI
Policy Update 11, June 16, 2003

"Upon the Announcement of the Timetable for the Financial Revitalization Program"
by TSURU Kotaro, Senior Fellow, RIETI
Policy Update 4, December 2, 2002

"Coping with Debt Deflation in Japan"
by KOBAYASHI Keiichiro, Fellow, RIETI
Policy Update 3, November 19, 2002

"Assessment of the Government Program for Financial Revival and the Challenges Ahead: Comprehensive Package of Counter-Deflationary Measures Unveiled Oct. 30"
by TAKAHASHI Yoichi, Consulting Fellow, RIETI
Policy Update 2, November 16, 2002

"What to Expect from the Takenaka Project Team"
by TSURU Kotaro, Senior Fellow, RIETI
Policy Update 1, November 5, 2002

"Sufficient Disclosure of Asset Assessment Results Vital to Solving Bad Loan Problem"
by KOBAYASHI Keiichiro, Fellow, RIETI
Policy Debate 3, October 4, 2002

"Placing Top Priority on Ending Deflation and Actions to Solve the Issue Directly"
interview with FUKAO Mitsuhiro, Professor, Keio University
by IIO Jun, Faculty Fellow, RIETI
Interview Series: Economic Policy Options 5, January 21, 2003

"Bright Side and Dark Side of Mergers and Consolidations"
by TSURU Kotaro, Senior Fellow, RIETI
Economics Review, May 11, 2002

"Japan Nationalizes, while China Privatizes"
by C.H. Kwan, Senior Fellow, RIETI
Miyakodayori 72, June 25, 2003

"Japan's Non Performing Loans"
RIETI Report 11, October 31, 2002

"Macroeconomic Policy for Japan's Non-Performing Loans: Bad Loan Disposal and Bond Management "
by KOBAYASHI Keiichiro, Fellow, RIETI
Miyakodayori 41, June 13, 2002

"Ambiguity, but a Glimmer of Hope"
by TERAZAWA Tatsuya, Visiting Senior Fellow, RIETI
Miyakodayori 25, October 1, 2001

"Resolving The Policy Debate on the Japanese Economy"
by KOBAYASHI Keiichiro, Fellow, RIETI
Miyakodayori 24, September 2, 2001

"Economic Policy Package: Positive Steps + Additional Homework + A Question Mark"
by TANAKA Nobuo, Executive Director, RIETI
Miyakodayori 15, April 10, 2001

"Debt Disorganization ---Part 2: Policies and Scenarios"
by TANAKA Nobuo, Executive Director, RIETI
Miyakodayori 14, March 19, 2001

"Debt Disorganization ---Part 1: Theory"
by TANAKA Nobuo, Executive Director, RIETI
Miyakodayori 13, March 13, 2001

"Yanagisawa Gets It"
by TANAKA Nobuo, Executive Director, RIETI
Miyakodayori 12, March 2, 2001

"The Economics of Balance Sheet Restructuring"
by TANAKA Nobuo, Executive Director, RIETI
Miyakodayori 4, December 6, 2000