| 作者 | 郡司大志（大东文化大学经济系）、小野有人（中央大学商学系）、镇目雅人（早稻田大学政治经济学术院）、内田浩史（神户大学研究生院经营学研究科）、安田行宏（一桥大学研究生院经营管理研究科） |
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| 发表日期/编号 | 2021年9月 21-J-047 |
| 研究课题 | 企业金融与企业行为动态研究会 |
| 下载/链接 |
概要
The aim of this paper is to examine how to appropriately obtain the liquidity creation measures (LCM) proposed by Berger and Bouwman (2009) for banks in Japan, and to calculate its actual values. We obtain the LCM in terms of monetary amount and the LCM ratio that standardize the LCM by gross total assets. We find that the LCM is on balance increasing throughout our sample period from 1949 to 2019, that asset items contribute much to the change in the LCM ratio over the long term, but the contribution of liability items is recently increasing to the same or a larger extent, and that the LCM ratios by bank type after 2000 is increasing for the regional and the second-regional banks, while it is decreasing for city banks.