IDEAS home Printed from https://ideas.repec.org/a/mhr/jinste/urnsici0932-4569(200209)1583_441trpdij_2.0.tx_2-x.html
   My bibliography  Save this article

The Risk Premium Differential in Japanese-Era Taiwan and its Effect

Author

Listed:
  • Kelly B. Olds

Abstract

During the Japanese era, there was a lower risk premium in northern Taiwanese capital markets than in southern markets. Evidence suggests this was due to superior informal institutions in the north. As a result, northern property rights were better defined, northerners were less dependent on formal credit markets and landless farmers who had less access to formal markets were at a smaller disadvantage in the north than in the south.

Suggested Citation

  • Kelly B. Olds, 2002. "The Risk Premium Differential in Japanese-Era Taiwan and its Effect," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(3), pages 441-441, September.
  • Handle: RePEc:mhr:jinste:urn:sici:0932-4569(200209)158:3_441:trpdij_2.0.tx_2-x
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    References listed on IDEAS

    as
    1. Grossman, Herschel I & Kim, Minseong, 1995. "Swords or Plowshares? A Theory of the Security of Claims to Property," Journal of Political Economy, University of Chicago Press, vol. 103(6), pages 1275-1288, December.
    2. repec:cup:apsrev:v:79:y:1985:i:04:p:943-957_23 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    JEL classification:

    • N2 - Economic History - - Financial Markets and Institutions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mhr:jinste:urn:sici:0932-4569(200209)158:3_441:trpdij_2.0.tx_2-x. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Wolpert). General contact details of provider: https://www.mohr.de/jite .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.