橡motonishi.PDF
|
|
|
- つねたけ たもん
- 7 years ago
- Views:
Transcription
1 ITME Discussion Paper No [email protected]
2 1 1 MRF 1 (2000) 2
3 MRF 2 Schreft (1997) 3 2 Tobin (1985) Friedman (1992) 3 3
4 White (1984) 1 4 (1996) (1999) (1999) (1999) ECB (1998), Tobin (1985) (1999) 5 4
5 Diamond and Dybvig (1983)
6 Diamond=Dybvig 1 1 (Bank Run) Diamond=Dybvig Diamond=Dybvig 1 6
7 Tobin (1985) 100% Wallace (1996) Diamond and Dybvig Tobin(1985) Wallace(1996)
8 MRF MMF MRF Free Banking Law Rolnick and Weber (1983) Free Banking Law 2 Free Banking Law Free Banking Law Bank Note Reporters 8
9 (Wildcat Banking) Rockoff (1974) Wildcat Banking Wildcat Banking Free Banking Law 6 Free Banking Law Gordon and Mullineaux (1987) Rockoff (1974) % 7 Calmoris and Kahn (1996) Rolnick, Smith and Weber (1998) 9
10 Calmoris and Kahn (1996) Rolnic k, Smith and Weber (1998a) Calmoris and Kahn 8 8 Rolnick, Smith and Weber 10
11 (bearer security White (1987) 9 (1996) (2000) 10 (1999) White (1987) 11
12 a 0 x x t a x a a x 1 a 0 x x a a x Fama(1983) 12
13 Diamond=Dybvig 1/a Diamond=Dybvig Diamond=Dybvig 13
14 Visa MasterCard 2 15 Brooking ( 1998) 14
15 3.2.2 Visa MasterCard McAndrews (1997) McAndrews (1997) Visa MasterCard 1 15
16
17 3 Jacklin (1987) Diamond=Dybvig Diamond=Dybvig Jacklin 17
18 MMF, MRF MMF MRF MMF MRF MMF 17 MMF MMF MRF MMF MRF MMF MRF MRF 16 Holmstrom and Tirole (1998) Jacklin 17 MMF (1999) (1991) 18
19 18 MMF (1999) MRF MRF MRF MRF 2 MRF MRF MMF MRF MMF MRF 2.2 MMF
20 (1998) 20
21 19 (Dewatripont and Tirole 1994) 19 Dewatripont and Tirole (1994) 21
22 MRF 3 4 Diamond=Dybvig 5 22
23 2 1 2 MRF
24 Diamond=Dybvig
25 1999 ITME Discussion Paper No IMES Discussion Paper No.99-J MMF IMES Discussion Paper No.99-J , ITME Discussion Paper No Brooking, Collette The UK Credit Card Market ( 19, 1998, ) Calmoris, Charkes W. and Charkes M. Kahn, 1996, The Efficiency of Self-Regulated Payments Systems: Learning from the Suffork System. Journal of Money, Credit, and Banking 28, Diamond, Doublas W. and Philip H. Dybvig, 1983, Bank Runs, Deposit Insurance, and Liquidity. Journal of Political Economy 91, Dewatripont, Mathias and Jean Tirole, 1994, The Prudential Regulation of Banks. The MIT Press European Central Bank, 1998., Report on Electronic Money. Fama, Eugene 1983 Financial Intermediation and Price Level Control. Journal of Monetary Economics 12, Friedman, Milton, 1992, Money Mischief Gorton, Gary and Donald J. Mullineaux, 1987, "The Joint Production of Confidence: Endogenous Regulation and Nineteenth Century Commercial-Bank Clearinghouses." Journal of Money, Credit, and Banking 19,
26 Holmstrom, Bengt and Jean Tirole, 1998, Private and Public Supply of Liquidity. Journal of Political Economy 106, Jacklin, Charles J., 1987, Demand Deposits, Trading Restrictions, and Risk Sharing. in Contractual Arrangements for International Trade, Edw ard C. Prescott and Neil Wallace Eds. University of Minnesota Press, Minneapolis. McAndrews, James J., 1997, "Banking and Payment System Stability in an Electronic Money World." FRB Philacelphia Working Paper Rockoff, Hugh, 1974, "The Free Banking Era." Journal of Money, Credit, and Banking 6, Rolnick, Arthur J., Bruce D. Smith, and Warren E. Weber, 1998a, Lessons from a Laissez-Faire Payments System: The Suffork Banking System ( ). the St. Louis Federal Reserve Bank s Review 80, Rolnick, Arthur J., Bruce D. Smith, and Warren E. Weber, 1998b, The Suffork Bank and the Panic of 1837: How a Private Bank Acted as a Lender-of-Last-Resort. FRB Minneapolis Working Paper 592. Rolnick, Arthur J. and Warren E. Weber, 1983, "New Evidence on the Free Banking Era." American Economic Review 73, Schreft, Stacey L., 1997, Looking Forward: The Role for Government in Regulating Electronic Cash. FRB Kansas City Economic Review, Tobin, James, 1985, Financial Innovation and Deregulation in Perspective. BOJ Monetary and Economic Studies 3, Wallace, Neil, 1996, Narrow Banking Meets the Diamond-Dybvig Model. FRB Minneapolis Quarterly Review 20, White, Lawrence H., 1984, Competitive Payments Systems and the Unit of Account. American Economic Review 74, White, Lawrence H., 1987, Accounting for Non-interest-bearing Currency: A Critiquie of the Legal Restrictions Theory of Money. Journal of Money, Credit, and Banking 19, No.4,
中田真佐男 ３２３‐３５２／３２３‐３５２
IT FinTech Finance Technology e SNS (AI) (2013) (2015) ATM IC EMV VISA MasterJCB VISA Master (Union Pay) VISA Master JCB J-Debit J-Debit VISA IC Alipay QR POS nanaco WAON EdyJR Suica PASMO au Master au
, 3, 1999, 4,,
1, 1992 2005,,, 10 2,, 1992 1998 1,,, 1998 2002 2,, 3,,, 2002, 2002 3 1 2 1 , 3, 1999, 4,, 3 14 11 2 I, 10,, 1992 2005, 2,, 3, 4,, II,, 1992 1998 1,, 1998 2002 2 2002 3 II-1: 1 1993 1998 90,, 1995 6850,,
1 1 1 [2000]
![1 1 1 [2000]](/thumbs/88/114894310.jpg "1 1 1 [2000]")
* 2000 7 26 1 1 1 [2000] 1 2 1 2 2 1 B to C 250000 億円 200000 日本米国 213,200 150000 100000 50000 0 153,600 106,900 71,100 66,620 42,700 43,860 22,500 26,940 15,340 645 3,360 7,730 1998 年 1999 年 2000 年 2001
The Institute for Economic Studies Seijo University 6 1 20, Seijo, Setagaya Tokyo 157-8511, Japan The Institute for Economic Studies Green Paper No. 59 Consumers Decision on the Choice of Small Payment
国際流動性に関する財政的側面について
IMF SDR IMF 2011 6 1 2 2011 E-mail: [email protected] / /2011.10 35 1. 2007 2009 2 Goodhart [1999] 2010 11 2. 4 1970 IMF 1960 36 /2011.10 international reserve 1 D 35 1 D 35 1960 Eichengreen [2011]
PDFŠpŒ{Ł¶
Shinkin Central Bank Monthly Review 2003.12 hinkin Central Bank Monthly Review 200312 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Community Banker 24 25 26 27 28 29 30 31 32 33 34 35 36
IMES DISCUSSION PAPER SERIES Discussion Paper No. 99-J-16 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 100-8630 203 IMES Discussion Paper Series 99-J-16 1999 5 * ** *** JEL classification:
デフレ不況下の金融政策をめぐる政治過程
1991 2003 GDP....................................... http://www.stat.go.jp/ http://www.boj.or.jp/ GDP http://www.esri.cao.go.jp/ GDP - - - inflation targeting Krugman a IS-LM liquidity trap Krugman b Krugman
Title Author(s) Kobe University Repository : Kernel 流 動 性 危 機 : レパレッジとモニタリング (< 特 集 > 世 界 金 融 危 機 )(Liquidity Crisis : Leverage and Monitoring ( World Financial Crisis)) 丸 茂, 俊 彦 Citation 国 民 経 済 雑 誌,203(1):107-119
........,.,.,..,.,.,.,.,.,.,.,., International Capital Market Litan et al a b c d M&A a a b E- e- Litan et al. : Table Levine World Bank Levine Greenwald et al. B R F R r R R r B R r B R r B R R Stiglitz
An Empirical Study of the Securities Firms' Dilemma on Financial Innovation through Diffusion of Internet Deals Yasugi Satoshi Bower, J. L., 1999, Disruptive technologies: Catching the wave,
セントラル・バンキング論の再考のために
I 1587 1609 1 17 2 Hideaki Tanaka / 16 3 4 1 2009 1191971 99-101 2 Marx 1894 S.616 777 31991 78 Van der Wee 1977 347 41966 1-15 190 2012 winter / No.394 17 18 5 II 12 6 13 7 13 14 14 2 8 9 banco 52004
IMES DISCUSSION PAPER SERIES INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 100-8660 30 IMES Discussion Paper Series 99-J-45 199912 12 1986 General Agreement of Trade in Service Multilateral
IMES DISCUSSION PAPER SERIES Discussion Paper No. 2000-J-10 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 103-8630 30 IMES Discussion Paper Series 2000-J-10 2000 4 * ** *** 99 2 * E-Mail:
取引法の観点からみた資金決済に関する諸問題
1 / /2010.1 105 1. 1 1 1 2008 5 2 2008 10 3 1 4 2007 8 1 2008 32 2 2008 5 12 2009 1 2009 2009 3 6 2008 12 2008 3 1842 32 4 2006 10 2009 4 2009 http://www.shojihomu.or.jp/saikenhou/indexja.html 2005 11
デフレの定義（最新版）.PDF
DP/01-1 Director General for Economic Assessment and Policy Analysis CABINET OFFICE E-mail : [email protected] 1 2 3 i (ii) 4 5 Deflation defined as at least two consecutive years of price decreases.
アロー『やってみて学習』から学習：経済成長にとっての教訓 Learning from `Learning by Doing': Lessons for Economic Growth
Learning from Learning by Doing : Lessons for Economic Growth M *1 * 2 1997 2004 10 1-2013 12 29 Version1.0 2014 3 2 *1 c 2010 MIT *2 c 2004-2013 i 1993 40 MIT 1991 ii R.M.S. * 1 *1 iii i 1 1 2 15 3 27
untitled
2007 2 * (i) (ii) 2006 7 1999 2 2000 8 1 (2003) Oda and Ueda (2005) 2005 Kimura and Small(2006) Iwamura, Shiratsuka and Watanabe (2006) (2006) 3 (i) (ii) (iii) 2 2 3 4 2.1 (2003) (2005) 1) (i) (ii) (i)
bottleneckjapanese.dvi
1 M&A Keywords:,. Address: 742-1, Higashinakano, Hachioji-shi, Tokyo 192-09,Japan fax:+81 426 74 425 E-mail: [email protected] ; [email protected] 1 Yang and Kawashima(2008) 1 2 ( MVI
ＧＤＰギャップと潜在成長率
2003 output gap 80 1 20 90 20 70 2 1 2 output gap potential output 1 2 (2001) 3 potential rate of growth 2000 Meyer (2000) European Central Bank: (1999b) 2002 10 4 3 (2000) 4 4 () 5 5 5 6 () () 7 Total
Winter 図 1 図 OECD OECD OECD OECD 2003
266 Vol. 44 No. 3 I 序論 Mirrlees 1971 Diamond 1998 Saez 2002 Kaplow 2008 1 700 900 1, 300 1, 700 II III IV V II わが国の再分配の状況と国際比較 OECD Forster and Mira d Ercole 2005 2006 2001 Winter 08 267 図 1 図 2 2000 2
アジアの資本移動の変化に関するクラスター分析 アジア域内の証券投資活性化に向けて
* ** 199 1 1996-97 relation * ** Seoul conference China and Emerging Asia: Reorganizing the Global Economy? held by KIEP and Seoul National University 26 5 11-12 Hugh Patrick Yung-Chul Park 26 9 9-1 East
第一次大戦後の日本における国債流通市場の制度改革
IMES DISCUSSION PAPER SERIES Discussion Paper No. 2009-J-23 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 103-8660 2-1-1 http://www.imes.boj.or.jp IMES Discussion Paper Series 2009-J-23 2009
IMES DISCUSSION PAPER SERIES Discuss ssion Paper No. 98-J-2 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 100-8630 203 IMES Discuss ssion Paper Series 98-J-2 1998 1 VaRVWAP E-mail: [email protected]
IMES Discussion Paper Series 98-J-7 1998 3 9 9 9 9 UCC 9 JEL classification K19 * (E-mail:[email protected])
IMES DISCUSSION PAPER SERIES 9 Discussion Paper No. 98-J-7 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 100-8630 203 IMES Discussion Paper Series 98-J-7 1998 3 9 9 9 9 UCC 9 JEL classification
PFI
PFI 23 3 3 PFI PFI 1 1 2 3 2.1................................. 3 2.2..................... 4 2.3.......................... 5 3 7 3.1................................ 7 3.2.................................
米国における金融・資本市場改革の展開
1980 DIDMCA 1982 1994 20 & 1989 FIRREA 1991 FDICIA 1999 11 12 Gramm-Leach- Bliley Act P.L.106-102, 113 STAT.1338 1933 Glass-Steagall Act P.L. 73-66, 48 STAT. 162 66 1980 1981 1980 1990 & Savings and Loan
野村資本市場研究所｜国際基準との調和も踏まえた米国SIFI規制（PDF）
SIFI 1. FRB 2011 12 20 500 FRB SIFI 500 FRB 2. SIFI FRB G-SIB 2016 LCR NSFR 3. SIFI 25 SIFI 10 2 SIFI 4. SIFI 83 2012 Winter FRB FRB 2011 12 20 1 SIFIFRB 2011 4 6 2012 165 (a) interconnected 500 bank holding
Constitution State colonies Provisions State Nutmeg State Land of Steady Habits Quinnehtukqut Quinnihtukqut Nautilus American Turtle Yankee Omi Omi Shonin Edo The Theory of Environmental Policy A Listing
IMES DISCUSSION PAPER SERIES Discussion Paper No. 99-J-17 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 100-8630 203 IMES Discussion Paper Series 99-J-17 1999 6 * JEL classification E52 E58
Walter et al. 2009: 1 Helleiner 1994 Strange 1971: Gilpin 1987: -65 Strange b, 1998c,
54 2012 77 92 E. Yano Shuichi 2011 11 2008 40 19821997 1998 LTCM 2001 IT 2007 1970 International Political Economy Helleiner 1994 54 2012 Walter et al. 2009: 1 Helleiner 1994 Strange 1971: Gilpin 1987:
バーリ＆ミーンズの株式会社論
The Modern Corporation and Private Property The Modern Corporation and Private Property The journal of Law and Economics Harvard Law Review The Modern Corporation and Private Property Harvard
財政赤字の経済分析：中長期的視点からの考察
1998 1999 1998 1999 10 10 1999 30 (1982, 1996) (1997) (1977) (1990) (1996) (1997) (1996) Ihori, Doi, and Kondo (1999) (1982) (1984) (1987) (1993) (1997) (1998) CAPM 1980 (time inconsistency) Persson, Persson
IMF http : // htm
1 2 1971 1973 1999 1997 2 IMF 1 1 2 3 1 4 1 2 5 6 1 2 7 IMF http : //www.imf.org/external/np/mfd/er/2006/eng/0706. htm 8 du jure de facto Reinhart Rogoff 20041946 2001 153 Levy-Yeyati Sturzenegger 20051974
OSIPP41_p1_2.eps
2007 年 冬 号 No.41 1 2 3 4 Peace Culture Review of Economic Design Journal of Labor Economics Hitotsubashi Journal of Economics Japan and the World Economy Daily Yomiuri Working Paper Series, Center for
untitled
Trade and Trade Finance in the 200809 Financial Crisis, IMF Working Paper WP/11/16., Understanding the Great Trade Collapse of 200809 and the Subsequent Trade Recovery, Economic Perspectives, 2Q/2011.
Microsoft Word - Šv”|“Å‘I.DOC
90 ª ª * [email protected] i ii iii iv SNA 1 70 80 2 80 90 80 80 90 1 80 90 98 6 1 1 SNA 2 1 SNA 80 1SNA 1 19931998 1 2-190 1,2 2 2-2 2-3,4 3 2-5 4 2030 2-3 3 2-15 97 20 90 2-15 9198 1.
長岡慎介 ４５‐７８／４５‐７８
HSBC http://news.bbc.co.uk/2/hi/business/5074068.stm HSBC HSBC Amanah Saadiq [CIBAFI 2005: 10; CIBAFI, 2009: 4; TheCityUK, 2013: 4; IFSB, 2013: 10; IFSB, 2014: 12] [TheCityUK 2013: 1] [UK Trade & Investment
Kobe University Repository : Kernel タイトル Title 著者 Author(s) 掲載誌 巻号 ページ Citation 刊行日 Issue date 資源タイプ Resource Type 版区分 Resource Version 権利 Rights DOI マクロ経済動学と均衡の不決定性 (Macroeconomic Dynamics and Indeterminacy
Microsoft Word - 査読SP問題110510RR.doc
JAVCERM Journal [] 2 # 2011_01_Ronko 2010 1 4 2011 5 12 1 2 2 1999 National Bank of Keystone(Keystone), Pacific Thrift and Loan(PLT) FDIC CAMEAL 20 20 1 11 6 2.2 2000 Greenspan FRB 2000 IT IT Greenspan[2004]
資金循環の日米欧比較
資 金 循 環 の 日 米 欧 比 較 2016 年 6 月 22 日 銀 行 調 査 統 計 局 * 本 資 料 では 日 米 欧 日 米 について 主 要 な 部 門 を 比 較 掲 載 しています Ⅰ. 日 米 欧 比 較 日 米 は2016 年 3 月 末 ユーロエリアは201 年 12 月 末 現 在 図 表 1 金 融 機 関 の 金 融 資 産 負 債 構 成 資 産 ( 3,236
表紙＿目次.PDF
JIL 2 1980 vol.3 15 3 1 3 15 18 IT 26 28 33 20 OECD 80 90 (1998) (2000) 2 Aghion et al. (1999) OECD 1970 1 2 70 1980 90 1.1 Kuznets U inverted U-shaped hypothesis GNP U 1 18901940 6 3 Kuznets(1955) (1963)
相互取引に伴う債権債務の依存構造を考慮した金融機関の与信評価について
IMES DISCUSSION PAPER SERIES 相互取引に伴う債権債務の依存構造を考慮した金融 機関の与信評価について にしでかつまさ 西出勝正 Discussion Paper No. 2015-J-6 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 日本銀行金融研究所 103-8660 東京都中央区日本橋本石町 2-1-1
8’¼‹ä127-141
- H.B. Lary Ilse Mintz - - - - - - - Aaa. %. % Baa. %. % Baa - Chase National Bank H. C. Taylor. % Annual Report of Board of Governors of the Federal Reserve System.(1933) 231 q Moody s - Aaa Aa A Baa.....
- March SCB -, -, -, -, -, -, -, -, -, -,,,,,, -, -, -, -,, -,,,, -,,,,,, - -,, -,, Survey of Current Business, July, Table (p. ), Oct, Table (p. ) S.
- March SCB -, -, -, -, -, -, -, -, -, -,,,,,, -, -, -, -,, -,,,, -,,,,,, - -,, -,, Survey of Current Business, July, Table (p. ), Oct, Table (p. ) S.C.B. July, Table SCB, -, - - -, -, - -,,,, - Ibid.,
野村資本市場研究所｜ベイルインの導入に向けた検討－破綻時に債権の損失吸収を図る新たな措置－（PDF）
1. SIFI 2. EU 1 FDIC G20 FSB 3. 4. FSB 2012 8 G20 88 2012 6 EU EU bail-in 1 ICB 2 write-down SIFI SIFI SIFI bail-out SIFI G20 too big to fail 2010 6 G20 SIFI 1 3 2011 11 FSBG20 1 2 3 2012 ICB PLAC 2011
復活だぁっ！ 日本の不況と流動性トラップの逆襲
It s Baaack! Japan s Slump and the Return of the Liquidity Trap 1998 2001 8 29-9 9 Ver.1.0.1 1 2 2 5 2.1..................................... 5 2.2......................... 6 2.3.........................
-February FRB BIS IMF BIS Spillover Spillovers BIS IMF EMEs
BIS FRB BIS BIS FRB QE QE -February FRB BIS IMF BIS Spillover Spillovers BIS IMF EMEs GDP GDP........ GDP BIS, 83rd Annual Report, June 2013, p.14 Ibid., p.14. -February 1 1 2009 2013 2) 2009 2013 2) -7.6-4.0
開発金融増刊号
4 6 Y = f (, E, Y E ( Y E = α ( E α we py α 0 β E ( ( E β ( E β 6 ( = ( α β ( E β 8 i Y i f i, E i, i 9 Y = α α ( α E α S E 0 ( β β E β E( β E β β6 ( we Y = = = α β E py E β ( β Y Y B Y A r / pr p Y
headquarter Gertner et al. winner-picking Wal-Mart s
CJEB The financial strategies of Japanese multinational enterprises and internal capital market, Columbia Business School, CJEB, Working Paper No., April,. headquarter Gertner et al. winner-picking Wal-Mart
2015 : (heterogenous) Heterogeneous homogeneous Heterogenous agent model Bewley 1 (The Overlapping-Generations Models:OLG) OLG OLG Allais (1
2015 : 27 6 13 1 (heterogenous) Heterogeneous homogeneous Heterogenous agent model Bewley 1 (The Overlapping-Generations Models:OLG) OLG OLG Allais (1947) 2 Samuelson(1958) 3 OLG Solow Ramsey Samuelson
【表紙】経済学論叢＿１８号／表１・３・背
Blanchard Solow Solow Galor and Tsiddon ,, , ,, ,,,,,, a if b c if if CES CES,,,,,,. Bowles Ciccone and Peri, .,, Bowles Hamermesh Antras Ciccone and Peri CES CES Krusell et al. Duffy et al. Hornstein
わが国のレポ市場について―理論的整理と実証分析―
GCGC SC GCSC SC SC E-mail: [email protected] E-mail: [email protected] GC general collateralscspecial collateral Griffiths and Winters GCFF Jordan and JordanDuffie matched book GC GC SC DuffieKrishnamurthy