Hiroyuki Seshimo: 1 book
Priority Rule Violations and Perverse Banking Behaviors
Theoretical Analysis and Implications of the 1990s Japanese Loan Markets
Language: English
Release Date: September 6, 2017
This book theoretically and empirically explores why Japanese banks engaged in seemingly contradictory behaviors in the 1990s, namely, the credit crunch and evergreening, i.e., inefficient additional lending. A credit crunch occurs when banks are unwilling to finance good and efficient projects. ...
