Research and Studies

Home > Research and Studies > Research Papers Released by the Institute for Monetary and Economic Studies > IMES Discussion Paper E-Series > IMES Discussion Paper Series (2018)

IMES Discussion Paper Series 2018

IMES Discussion Paper Series (DPS) is circulated in order to stimulate discussion and comments. Views expressed in Discussion Paper Series are those of authors and do not necessarily reflect those of the Bank of Japan or the Institute for Monetary and Economic Studies.

Click the title to obtain an abstract of the thesis

IMES Discussion Paper Series
No./Main Category Author(s) Title/Keywords Date Full Text (PDF)
2018-E-6/Economics Taisuke Nakata, Sebastian Schmidt, Paul Yoo Speed Limit Policy and Liquidity Traps
/Liquidity Traps; Markov-Perfect Equilibrium; Speed Limit Policy; Zero Lower Bound
2018-06-15 560KB
2018-E-5/Economics Hibiki Ichiue, Yoichi Ueno A Survey-based Shadow Rate and Unconventional Monetary Policy Effects
/Monetary Policy; Effective Lower Bound; Zero Lower Bound; Shadow Rate; Survey Forecasts
2018-06-11 1,108KB
2018-E-4/Economics Kenji Suganuma, Yoichi Ueno The Effects of the Bank of Japan's Corporate and Government Bond Purchases on Credit Spreads
/Credit spreads; Default risk channel; Local supply channel; Global supply channel; Risk taking channel; Monetary policy
2018-06-04 1,901KB
2018-E-3/Finance Masayuki Kazato, Tetsuya Yamada The Implied Bail-in Probability in the Contingent Convertible Securities Market
/Market-implied bail-in probability; Contingent convertible securities; Basel III; Financial stability
2018-05-25 667KB
2018-E-2/Finance Koichiro Kamada, Tetsuo Kurosaki, Ko Miura, Tetsuya Yamada Central Bank Policy Announcements and Changes in Trading Behavior: Evidence from Bond Futures High Frequency Price Data
/Central bank announcements; Government bond futures; Herding behavior; Information efficiency; Market microstructure
2018-03-30 1,223KB
2018-E-1/Economics Marlene Amstad, Frank Packer, Jimmy Shek Does Sovereign Risk in Local and Foreign Currency Differ?
/Sovereign risk; local currency debt; foreign currency debt; credit ratings
2018-03-23 735KB