Monetary and Economic Studies
1999
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Vol.17, No.3 / December 1999
| Author(s) | Title/Keywords | Full Text (PDF) |
|---|---|---|
| Kunio Okina, Masaaki, Shirakawa, Shigenori Shiratsuka | Financial Market Globalization: Present and Future
/Globalization; Central bank; International capital mobility; Risk diversification; Monetary policy; Stability of fiancial system |
384 KB |
| Robert J. Gordon | The Boskin Commission Report and Its Aftermath
/Inflation; Price measurement; Quality change; New products |
331 KB |
| Shigenori Shiratsuka | Measurement Errors in the Japanese Consumer Price Index
/Consumer price index; Measurement errors; Cost of living index; Quality changes; Boskin Report |
334 KB |
| Shigenori Shiratsuka | Asset Price Fluctuation and Price Indices
/Asset price; Intertemporal cost of living index; Dynamic equilibrium price index; Monetary policy; Information variable |
283 KB |
| Masahiro Higo, Sachiko Kuroda Nakada | What Determines the Relation between the Output Gap and Inflation? An International Comparison of Inflation Expectations and Staggered Wage Adjustment
/Phillips Curve; NAIRU; Expected inflation rate; Price adjustment; Output gap; Inflation; Monetary policy |
328 KB |
| Kunio Okina (Comments; Ronald I. McKinnon, Allan H. Meltzer, Rejoinder; Kunio Okina) | Monetary Policy under Zero Inflation: A Response to Criticisms and Questions Regarding Monetary Policy
/Monetary policy; Zero interest rates; Long-term interest rates; Inflation targeting; Outright purchase of government bonds; Quantitative easing; Excess reserves; Base money; Balance sheet problem; Liquidity trap |
397 KB |
Vol.17, No.2 / August 1999
| Author(s) | Title/Keywords | Full Text (PDF) |
|---|---|---|
| Milton H. Marquis | The Joint and Several Effects of Liquidity Constraints, Financing Constraints, and Financial Intermediation on the Welfare Cost of Inflation
/Financing constraints; Financial intermediation; Welfare costs of inflation |
218 KB |
| Curtis J. Milhaupt | Japan's Experience with Deposit Insurance and Failing Banks: Implications for Financial Regulatory Design?
/Deposit insurance; Bank failure |
275 KB |
| Fuminobu Ohtake, Nobuyuki Oda, Toshinao Yoshiba | Market Price Analysis and Risk Management for Convertible Bonds
/Convertible bond; Implied volatility; Historical volatility; Market risk; Arbitrage; Issuing conditions |
291 KB |
| Akira Ieda, Toshikazu Ohba | Risk Management for Equity Portfolios of Japanese Banks
/Equity portfolio; Loan; Expected default probability; Spread over Libor; Equity price risk; Credit risk; Sensitivity |
261 KB |
Vol.17, No.1 / May 1999
| Author(s) | Title/Keywords | Full Text (PDF) |
|---|---|---|
| Hisashi Nakamura, Shigenori Shiratsuka | Extracting Market Expectations from Option Prices: Case Studies in Japanese Option Markets
/Option prices; Implied probability distribution; Market expectations; Monetary policy; Information variables |
967 KB |
| Makoto Saito | Dynamic Allocation and Pricing in Incomplete Markets: A Survey
/Incomplete markets; Asset pricing |
211 KB |
| Michael F. Bryan, Stephen G. Cecchetti | The Monthly Measurement of Core Inflation in Japan
/Inflation measurement; Core inflation; Trimmed means; Median |
206 KB |
| Hitoshi Mio, Masahiro Higo | Underlying Inflation and the Distribution of Price Change: Evidence from the JapaneseTrimmed-Mean CPI
/Underlying inflation; Trimmed CPI; Price change distribution; Temporary relative price shock |
327 KB |
| Nobuyuki Oda | Estimating Fair Premium Rates for Deposit Insurance Using Option Pricing Theory: An Empirical Study of Japanese Banks
/Deposit insurance; Variable deposit insurance rates; Option pricing theory; Stock price; Credit risk; Bankruptcy forecasting; Forbearance |
400 KB |
