Zobrazeno 1 - 10
of 10
pro vyhledávání: '"Kei Imakubo"'
Autor:
Kei Imakubo, Yutaka Soejima
Publikováno v:
Monetary and Economic Studies. 28:107-150
Interbank payment and settlement flows have changed substantially in the last decade. This paper applies social network analysis to settlement data from the Bank of Japan Financial Network System (BOJ-NET) to examine the structure of transactions in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::1a4cd8a9bf52e73f860b21dddbf9b311
http://www.imes.boj.or.jp/research/papers/english/me28-7.pdf
http://www.imes.boj.or.jp/research/papers/english/me28-7.pdf
Autor:
Kei Imakubo, Yutaka Soejima
Publikováno v:
Monetary and Economic Studies. 28:151-180
Under a real-time gross settlement (RTGS) system, there is an incentive for system participants to delay making their outgoing payments to facilitate their funding, and this creates the risk of settlement delays spreading throughout the entire system
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::e7dbf1b16733375c734830ff2ea334aa
http://www.imes.boj.or.jp/research/papers/english/me28-8.pdf
http://www.imes.boj.or.jp/research/papers/english/me28-8.pdf
This paper extends the model of currency premiums developed by Clarida (2012, 2013). In our extended model, a currency premium consists of two disequilibrium factors: One is the interest rate gap, i.e., the deviation of real interest rates, domestic
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::59d7172399ace814df04b98176ce0466
http://www.boj.or.jp/en/research/wps_rev/wps_2015/data/wp15e09.pdf
http://www.boj.or.jp/en/research/wps_rev/wps_2015/data/wp15e09.pdf
This paper illustrates the concept of the natural yield curve and how to measure it. The natural yield curve extends the idea of the natural rate of interest defined at a single maturity to one defined for all maturities. If the actual real yield cur
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f26ece5b3d7fd5867b008a7b1ba76a49
http://www.boj.or.jp/en/research/wps_rev/wps_2015/data/wp15e05.pdf
http://www.boj.or.jp/en/research/wps_rev/wps_2015/data/wp15e05.pdf
Autor:
Kei Imakubo, Jouchi Nakajima
This paper proposes and estimates an extended shadow-rate term structure model, and uses it to extract inflation risk premia from nominal and real term structures. Our model incorporates the shadow rate and thereby explicitly takes account of the zer
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::057a88cbfa241614bd5c7dd583ccda66
http://www.boj.or.jp/en/research/wps_rev/wps_2015/data/wp15e01.pdf
http://www.boj.or.jp/en/research/wps_rev/wps_2015/data/wp15e01.pdf
One of the aspects characterizing inflation expectations is the degree of disagreement or dispersion in such expectations, and dispersion in households' inflation expectations is quite substantial. In phases in which inflation expectations alter, the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::9a4fc5875340d3d7ba91042e2b84d119
http://www.boj.or.jp/en/research/wps_rev/rev_2014/data/rev14e01.pdf
http://www.boj.or.jp/en/research/wps_rev/rev_2014/data/rev14e01.pdf
As international ties have been strengthened on the real economic front, global correlation has been higher in the government bond and other financial markets. Under the circumstances, Japanese banks' market risk associated with holdings of Japanese
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::ac53fd14de6b83d87fafc48c83a296eb
http://www.boj.or.jp/en/research/wps_rev/rev_2012/data/rev12e01.pdf
http://www.boj.or.jp/en/research/wps_rev/rev_2012/data/rev12e01.pdf
Funding conditions in global money markets have tightened since August 2007. In various currency-denominated money markets, term funding rates have come under upward pressure because of heightened concerns about counterparty credit and liquidity risk
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::5db10ffba5cfc81f3e319a2684b5a0c4
http://www.boj.or.jp/en/research/wps_rev/rev_2008/data/rev08e02.pdf
http://www.boj.or.jp/en/research/wps_rev/rev_2008/data/rev08e02.pdf
Autor:
Kei Imakubo, James J. McAndrews
The Bank of Japan decided to implement the next-generation RTGS project of the BOJ-NET Funds Transfer System. Under the project, the new system will have liquidity-saving features and will incorporate large-value payments that are currently handled b
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::41e4da5e87e309f241e668ab76d21e39
http://www.boj.or.jp/en/research/wps_rev/wps_2006/data/wp06e21.pdf
http://www.boj.or.jp/en/research/wps_rev/wps_2006/data/wp06e21.pdf
Autor:
Kei Imakubo, Hidetsugu Chida
In 2001, the BOJ-NET Funds Transfer System (BOJ-NET) was converted to a full-fledged real-time gross settlement (RTGS) system. RTGS reduces settlement risk in the system compared with deferred net settlement (DNS), but requires participants to take a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::88a31bd46295ebd8f8e7acee4e1bdb13
http://www.boj.or.jp/en/research/wps_rev/rev_2006/data/rev06e05.pdf
http://www.boj.or.jp/en/research/wps_rev/rev_2006/data/rev06e05.pdf