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Is the Bank of Japan's Financial Structure an Obstacle to Policy?
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Is the Bank of Japan's Financial Structure an Obstacle to Policy? (2005)Is the Bank of Japan's Financial Structur…The statistical association between central bank independence and inflation (2013)The statistical association b…Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank (2007)Credible Commitment to Optima…The Effect of Changes in Reserve Requirements During the 1930s: The Evidence from Nonmember Banks (2006)The Effect of Changes in Rese…A HISTORY OF THE FEDERAL RESERVE (2005)A HISTORY OF THE FEDERAL RESE…Fiscal Aspects of Central Bank Independence (2004)Fiscal Aspects of Central Ban…Central Bank Governance: A Survey of Boards and Management (2004)Central Bank Governance: A Su…Monetary Policy under Zero Interest Rate --- Viewpoints of Central Bank Economists --- (2000)Monetary Policy under Zero In…Causes of Japan’s Banking Problems in the 1990s (2000)Causes of Japan’s Banking Pro…The Political Economy of Japanese Monetary Policy (1997)The Political Economy of Japa…Declarations Are Not Enough: Financial Sector Sources of Central Bank Independence (1995)Declarations Are Not Enough: …Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence (1993)Central Bank Independence and…Measuring the Independence of Central Banks and Its Effect on Policy Outcomes (1992)Measuring the Independence of…The Japanese financial system (1988)The Japanese financial systemThe political economy of monetary-fiscal coordination: central bank losses and the specter of central bankruptcy in Europe and Japan (2023)The political economy of mone…Central Bank Finances (2013)Central Bank FinancesCentral bank losses: causes and consequences (2011)Central bank losses: causes a…The Federal Reserve System Balance Sheet - What Happened and Why it Matters (2009)The Federal Reserve System Ba…Central Bank Financial Strength, Policy Constraints and Inflation (2008)Central Bank Financial Streng…Central Bank Financial Strength and Policy Performance (2008)Central Bank Financial Streng…Institutional Change in Japan (2006)Institutional Change in JapanRules Rather than Discretion: The Inconsistency of Optimal Plans (1977)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)Implementing Inflation Targeting: Institutional Arrangements, Target Design, and Communications (2006)Measures of Central Bank Autonomy: Empirical Evidence for OECD, Developing, and Emerging Market Economies (2006)The Measurement of Central Bank Autonomy (2006)The Logic of Collective Action (1965)The Logic of Collective Action. (1966)Political System Transparency and Monetary Commitment Regimes (2002)Central Bank Autonomy: Lessons from Global Trends (2007)Tied to the mast? National fiscal rules in the European Union (2008)MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975 (1982)Financial Politics in Contemporary Japan (1990)Predictable Stock Returns in the United States and Japan: A Study of Long-Term Capital Market Integration (1992)Competition and market contestability in Japanese commercial banking (1996)Deregulation, disintermediation, and agency costs of debt: evidence from Japan1We are grateful for helpful comments by Craig Dunbar, Vidhan Goyal, Bob Hendershott, James Hodder, Takeo Hoshi, Chuan Yang Hwang, Nararayan Jayaraman, Sangphill Kim, Ken Lehn, Gershon Mandelker, Asatoshi Maeshiro, Bob Nachtmann, Mitchell Petersen, Dick Pettway, Steve Prowse, S. Ghon Rhee, Kuldeep Shastri, Anil Shivdasani, René Stulz, Christopher James (the referee), and Cliff Smith (the editor). Anderson is grateful to the Richard D. Irwin Foundation and the International Business Center at the Katz Graduate School of Business for financial support.1 (1999)Central Bank Strategy, Credibility, and Independence: Theory and Evidence (1992)Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others (2003)The quest for prosperity without inflation (2003)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Great Expectations and the End of the Depression (2008)Banks as patient fixed-income investors (2015)A Monetary History of the United States, 1867-1960 (2017)Explaining Bank Failures: Deposit Insurance, Regulation, and Efficiency (1993)Explaining Bank Failures: Deposit Insurance, Regulation, and Efficiency (1995)The Japanese Main Bank System (1995)What Happened to Japanese Banks (2000)Resource reallocation and zombie lending in Japan in the 1990s (2015)Credit Allocation and Macroeconomic Fluctuations (2023)It's Baaack: Japan's Slump and the Return of the Liquidity Trap (1998)Currency crises and monetary policy in an economy with credit constraints (2001)Zero Bound on Interest Rates and Optimal Monetary Policy (2003)Optimal Inflation for the US Economy (2011)Oil shocks and the zero bound on nominal interest rates (2012)Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing (2015)The Japanese Banking Crisis: Where Did It Come From and How Will It End? (1999)Japan's Network Economy (2004)The Real Effects of Asset Market Bubbles: Loan- and Firm-Level Evidence of a Lending Channel (2007)An Introduction to Varieties of Capitalism (2001)Varieties of Capitalism (2001)Veto Players. How Political Institutions Work (2003)Maintaining Central-Bank Financial Stability under New-Style Central Banking (2015)Central bank collateral frameworks (2016)Non-Neutrality of Open Market Operations (2020)
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References

  • 1993Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence1,830 cited
  • 1992Measuring the Independence of Central Banks and Its Effect on Policy Outcomes1,707 cited
  • 2005A HISTORY OF THE FEDERAL RESERVE643 cited
  • 1995Declarations Are Not Enough: Financial Sector Sources of Central Bank Independence341 cited
  • 1997The Political Economy of Japanese Monetary Policy231 cited
  • 1988The Japanese financial system151 cited
  • 2007Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank119 cited
  • 2004Central Bank Governance: A Survey of Boards and Management80 cited
  • 2000Causes of Japan’s Banking Problems in the 1990s78 cited
  • 2004Fiscal Aspects of Central Bank Independence64 cited
  • 2000Monetary Policy under Zero Interest Rate --- Viewpoints of Central Bank Economists ---64 cited
  • 2006The Effect of Changes in Reserve Requirements During the 1930s: The Evidence from Nonmember Banks50 cited
  • 2013The statistical association between central bank independence and inflation46 cited

Cited by

  • 2006Institutional Change in Japan64 cited
  • 2008Central Bank Financial Strength and Policy Performance

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25 cited
  • 2009The Federal Reserve System Balance Sheet - What Happened and Why it Matters22 cited
  • 2008Central Bank Financial Strength, Policy Constraints and Inflation21 cited
  • 2013Central Bank Finances16 cited
  • 2023The political economy of monetary-fiscal coordination: central bank losses and the specter of central bankruptcy in Europe and Japan14 cited
  • 2011Central bank losses: causes and consequences12 cited