The University of Southampton
University of Southampton Institutional Repository

Financial crises in Japan during the 20th century

Werner, Richard A. (2009) Financial crises in Japan during the 20th century Bankhistorisches Archiv, 47, pp. 98-123.

Record type: Article

Abstract

I have two aims with this paper. Firstly, I would like to extract lessons for theory and policy from Japan’s experience with banking crises. As such, this paper falls into the body of research on banking crises, recent works within which include Caprio and Klingebiel (1996), Caprio et al. (2005), Demirgüç-Kunt and Detragiache (2005), Werner (2005), Beck et al. (2006), and Reinhart and Rogoff (2008). Secondly, I aim to gain insights into the link between the banking sector and the economy (which are again of importance for both theory and policy). This is an important topic that has slowly but steadily grown to a substantial body of literature. Many authors recognise that banks are ‘special’ in some way (Fama, 1985, Bossone, 1999, James and Smith, 2000, Ashcraft, 2005), and that the link between the banking sector and the economy is of great importance (King and Levine, 1996, Levine, 1997). However, the precise details of just what makes banks special, as well as the precise nature of their link to the economy have remained unclear or at least disputed. Analysing crises may help elucidate these issues.

PDF Werner_Bankhistor_Archiv_2009_postfinal.pdf - Accepted Manuscript
Download (282kB)

More information

Published date: 6 June 2009

Identifiers

Local EPrints ID: 186635
URI: http://eprints.soton.ac.uk/id/eprint/186635
ISSN: 0944-8845
PURE UUID: 1f7ba3d4-a75f-47f6-a69c-7d680dd64da5

Catalogue record

Date deposited: 13 May 2011 15:39
Last modified: 18 Jul 2017 11:46

Export record

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×