IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Reluctance to Lend and Its Spatial Differences in Japan fs Lost Decade: What Can We Learn from It?

Listed author(s):
  • Daisuke Ishikawa

    (Ministry of Finance, Japan)

  • Yoshiro Tsutsui


    (Osaka University)

This paper aims to elucidate whether supply side factors played a crucial role in causing the greluctance to lend h in Japan in the 1990s. We estimate loan supply and demand functions using prefectural panel data and calculate their shifts. Our analysis reveals that the demand side played an equal or greater role, even in the context of the historical financial crisis in Japan during the period 1997-2000, and that the reluctance to lend was severer in the urban prefectures. These findings suggest that countermeasures in the banking sector that uniformly influence all regions may not achieve the expected recovery.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP) in its series Discussion Papers in Economics and Business with number 08-33-Rev.

in new window

Length: 42 pages
Date of creation: Sep 2008
Date of revision: Jan 2011
Handle: RePEc:osk:wpaper:0833r
Contact details of provider: Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:osk:wpaper:0833r. 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: (Atsuko SUZUKI)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.