| Record ID | marc_loc_2016/BooksAll.2016.part36.utf8:75378865:1772 |
| Source | Library of Congress |
| Download Link | /show-records/marc_loc_2016/BooksAll.2016.part36.utf8:75378865:1772?format=raw |
LEADER: 01772cam a22002897a 4500
001 2008610914
003 DLC
005 20080814092143.0
007 cr |||||||||||
008 080714s2008 mau sb 000 0 eng
010 $a 2008610914
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aMitchener, Kris James.
245 10 $aInstitutions, competition, and capital market integration in Japan$h[electronic resource] /$cKris J. Mitchener, Mari Ohnuki.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2008.
490 1 $aNBER working paper series ;$vworking paper 14090
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 7/14/2008.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"Using a newly-constructed panel data set which includes annual estimates of lending rates for 47 Japanese prefectures, we analyze why interest rates converged over the period 1884-1925. We find evidence that technological innovations and institutional changes played an important role in creating a national capital market in Japan. In particular, the diffusion in the use of the telegraph, the growth in commercial branch banking networks, and the development of Bank of Japan's branches reduced interest-rate differentials. Bank regulation appears to have played little role in impeding financial market integration"--National Bureau of Economic Research web site.
700 1 $aOhnuki, Mari.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 14090.
856 40 $uhttp://papers.nber.org/papers/w14090