SALE ON NOW! PROMOTIONS

Close Notification

Your cart does not contain any items

Japan’s Financial System

New Perspectives and Potential Risks in the Post-Global Financial Crisis Era

Tokuo Iwaisako

$138.95   $111.50

Hardback

Not in-store but you can order this
How long will it take?

QTY:

Japanese
Springer Nature
25 May 2025
This book is a collection of papers from the Tokyo Center for Economic Research's (TCER) research project on Japan's financial markets and financial system, including: (1) Current Japanese situation of cashless payments for individuals and households, (2) The possibility that digital currencies replace the current payment system in which the banking system provides the means of credit transactions, (3) Long-turn measurement of the value added generated by Japan's financial intermediaries, with an overview of Japanese banking industry’s business model, (4) Regional financial institutions' recent efforts to support their clients’ businesses by consultation, (5) The impact of the digitalization of stock trading on the Japanese market: factor investing and high-frequency trading (HFT), (6) Analysis of theoretical and real-world portfolio allocations based on the concepts of model uncertainty and ambiguity aversion, (7) An empirical analysis on ESG investment in Japan, focusing on the heterogeneity of institutional investors, (8) Japanese firms’ corporate governance: financial vs internal governance, (9) Japanese companies’ use of corporate insurance as a company-wide decision-making process, (10) The coexistence of zombie firms and debt-free healthy firms since the 1990s. (11) The validity of Japanese government's liquidity provision for troubled firms during the financial crisis and the Covid-19 crisis.

This is an open access book.
Edited by:  
Imprint:   Springer Nature
Country of Publication:   Singapore
Edition:   2025 ed.
Volume:   49
Dimensions:   Height: 235mm,  Width: 155mm, 
ISBN:   9789819792573
ISBN 10:   9819792576
Series:   Hitotsubashi University IER Economic Research Series
Pages:   328
Publication Date:  
Audience:   Professional and scholarly ,  College/higher education ,  Undergraduate ,  Further / Higher Education
Format:   Hardback
Publisher's Status:   Active

Tokuo Iwaisako is Professor and Director of the Institute of Economic Research, Hitotsubashi University. He also teaches finance and macroeconomics at Hitotsubashi University's Faculty of Economics and Business School. In the past, he served as President of the Nippon Finance Association (2018-2020) and Principal Economist at the Ministry of Finance's Institute of Policy Research (2009-2011). Professor Iwaisako received his Ph.D. in Economics from Harvard University in 1997, and his B.A. in Economics from Hitotsubashi University in 1990.

See Also