| アイテムタイプ |
デフォルトアイテムタイプ(フル)その2(1) |
| 公開日 |
2017-05-20 |
| タイトル |
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|
タイトル |
The Effectiveness of Public Credit Guarantees in the Japanese Loan Market |
|
言語 |
en |
| 作成者 |
植杉, 威一郎
坂井, 功治
Yamashiro, Guy M.
|
| 寄与者 |
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寄与者タイプ |
Editor |
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姓名 |
世代間問題研究プロジェクト(世代間問題の経済分析) = Economic Analysis of Intergenerational Issues, Project on Intergenerational Equity |
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言語 |
en |
| 寄与者 |
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寄与者タイプ |
Editor |
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姓名 |
一橋大学経済研究所世代間問題研究機構 = Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University |
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言語 |
en |
| アクセス権 |
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|
アクセス権 |
open access |
|
アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 主題 |
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|
主題Scheme |
Other |
|
主題 |
Credit crunch |
| 主題 |
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主題Scheme |
Other |
|
主題 |
Small and Medium Enterprises |
| 主題 |
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|
主題Scheme |
Other |
|
主題 |
Loan guarantees |
| 主題 |
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|
主題Scheme |
Other |
|
主題 |
Matching estimation |
| 内容記述 |
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|
内容記述タイプ |
Other |
|
内容記述 |
39694 |
|
言語 |
en |
| 内容記述 |
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|
内容記述タイプ |
Other |
|
内容記述 |
An earlier version of this paper circulated as “Effectiveness of Credit Guarantees in the Japanese Loan Market,” 2006 RIETI Discussion Paper Series 06-E-04. |
| 内容記述 |
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|
内容記述タイプ |
Abstract |
|
内容記述 |
This paper examines the effectiveness of public credit guarantee programs in not only increasing the availability of loans to small and medium enterprises (SMEs), but in also improving the ex-post performance of borrowing firms. Using a unique panel data set, we identify the effects of a massive credit guarantee program implemented by the Japanese government from 1998-2001. While we do find that the availability of loans increased for program participants, when loans were provided by undercapitalized banks the increased liquidity persisted for only a few years. Further, the ex-post performance of program participants, with the exception of firms with sizable net worth, deteriorated relative to their non-participating counterparts. |
| 出版者 |
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|
出版者 |
Institute of Economic Research, Hitotsubashi University |
| 日付 |
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|
日付 |
2008-09 |
|
日付タイプ |
Issued |
| 言語 |
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言語 |
eng |
| 資源タイプ |
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資源タイプ識別子 |
http://purl.org/coar/resource_type/c_18gh |
|
資源タイプ |
technical report |
| 出版タイプ |
|
|
出版タイプ |
VoR |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 関連情報 |
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関連タイプ |
isPartOf |
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|
関連名称 |
PIE/CIS Discussion Paper ; No. 400 |
| ページ数 |
|
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ページ数 |
39 |
| Sponsorship |
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|
値 |
科学研究費補助金(特別推進研究) = Grant-in-Aid for Specially Promoted Research |
| JEL |
|
|
値 |
G28 |
| JEL |
|
|
値 |
G38 |
| JEL |
|
|
値 |
H81 |