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BOJ Reports & Research Papers


The latest releases of reports and research papers.

Financial System Report

The Financial System Report is published biannually with two objectives: to present a comprehensive analysis and assessment of the stability of Japan's financial system, and to facilitate communication with concerned parties in order to contribute to securing the stability.

Table : Financial System Report
Date Title
Oct. 20, 2023 Financial System Report (October 2023) 

Market Operations in Each Fiscal Year

This paper describes the Bank of Japan's market operations in each fiscal year, along with the market developments.

Table : Market Operations in Each Fiscal Year
Date Title
Sept.  8, 2023 Market Operations in Fiscal 2022 

Payment and Settlement Systems Report

The Payment and Settlement Systems Report provides information pertaining to recent developments in financial market infrastructure. It also covers progress and challenges for improving safety and efficiency of payment and settlement systems, as well as mid- and long-term vision for those systems in Japan.

Table : Payment and Settlement Systems Report
Date Title
Jan. 20, 2023 Privacy Enhancing Technologies: Payments and Financial Services in a Digital Society 

Regional Economic Report

This report is a summary of information on economic and financial developments of each region, gathered mainly from interviews with firms by the Bank's main office and branches for the meeting of general managers of the Bank's branches.

Table : Regional Economic Report
Date Title Summary
Oct. 19, 2023 Regional Economic Report (Summary) (October 2023)  [PDF 269KB]

Research Papers

Research papers published by the Bank besides the above four reports.

Table : Research Papers
Date Author Title Full Text
June 30, 2023 Results of the Second Market Functioning Survey concerning Climate Change - Progress in the Improvement of Market Functioning and Challenges for the Future -  [PDF 1,147KB]
Mar. 30, 2023 ABE Nobuhiro, CHIKAMATSU Kyosuke, KANAI Kenji, KAWASUMI Yusuke, MUNAKATA Ko, NAKAYAMA Koki, OKUDA Tatsushi, TAKANO Yutaro The Financial Macro-econometric Model (FMM, 2022 Version)  [PDF 1,103KB]
Jan. 31, 2023 The Wage Formation Mechanism in Japan: Summary of the Third Workshop on "Issues Surrounding Price Developments during the COVID-19 Pandemic"  [PDF 628KB]