Institutions, competition, and capital market integration in Japan
Using a newly-constructed panel data set which includes annual estimates of lending rates for 47 Japanese prefectures, we analyze why interest rates converged over the period 1884-1925. We find evidence that technological innovations and institutional changes played an important role in creating a n...
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| Format: | Book |
| Language: | English |
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Cambridge, MA :
National Bureau of Economic Research,
c2008
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| Series: | Working paper series (National Bureau of Economic Research) ;
working paper no. 14090 |
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Internet
This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.Massachusetts Institute of Technology
| Call Number: |
H11.N27534 no.14090 |
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