全球智库信息集成服务系统(G2TT): Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan

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来源类型	Working Paper
规范类型	报告
DOI	10.3386/w14401
来源ID	Working Paper 14401
	Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan
	Takeo Hoshi; Anil K. Kashyap
发表日期	2008-10-10
出版年	2008
语种	英语
摘要	During the financial crisis that started in 2007, the U.S. government has used a variety of tools to try to rehabilitate the U.S. banking industry. Many of those strategies were used also in Japan to combat its banking problems in the 1990s. There are also a surprising number of other similarities between the current U.S. crisis and the recent Japanese crisis. The Japanese policies were only partially successful in recapitalizing the banks until the economy finally started to recover in 2003. From these unsuccessful attempts, we derive eight lessons. In light of these eight lessons, we assess the policies the U.S. has pursued. The U.S. has ignored three of the lessons and it is too early to evaluate the U.S. policies with respect to four of the others. So far the U.S. has avoided Japan's problem of having impaired banks prop up zombie firms.
主题	Macroeconomics ; Money and Interest Rates ; Financial Economics ; Financial Markets ; Financial Institutions ; Corporate Finance
URL	https://www.nber.org/papers/w14401
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/572076
推荐引用方式 GB/T 7714	Takeo Hoshi,Anil K. Kashyap. Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan. 2008.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w14401.pdf（399KB）	智库出版物		限制开放	CC BY-NC-SA	浏览