{"created":"2021-03-01T07:01:51.097081+00:00","id":42020,"links":{},"metadata":{"_buckets":{"deposit":"92541cbd-178a-4d3c-80d9-9ead0c286882"},"_deposit":{"id":"42020","owners":[],"pid":{"revision_id":0,"type":"depid","value":"42020"},"status":"published"},"_oai":{"id":"oai:repository.dl.itc.u-tokyo.ac.jp:00042020","sets":["62:7433:7437","9:7435:7436"]},"item_8_alternative_title_1":{"attribute_name":"その他のタイトル","attribute_value_mlt":[{"subitem_alternative_title":"\"Bad Loans\", \"Delayed Disposals\", \"Follow-on and Zombie Lending\", and the Lost Two Decades\" : Lessons from the Japanese Experience?"}]},"item_8_biblio_info_7":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2011-08","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"CIRJE-J-235","bibliographic_titles":[{"bibliographic_title":"Discussion paper series. CIRJE-J"}]}]},"item_8_description_13":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_8_description_5":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"「バブル」崩壊後から今日に至る時期の日本経済の状況を「失われた20年」と呼ぶことが多い。この期間の日本経済論を一貫する代表的キーワードの1つが「不良債権」である。関連して、「不良債権の処理」、その「不足」と「遅れ」、「処理」を促進し「解消」させるための「政策」が広く話題となった。「処理の遅れ」は、「不良債権の累積」による「銀行バランスシートの毀損」やその隠蔽工作としての「飛ばし」や「貸し渋り」に連なり、さらに「金融システムの不安定性」「バランスシート不況」、その対応策としての「銀行救済」とその帰結としての「zombie banks」と続く。「処理の遅れ」は、さらに、「貸倒引当金の積み立て不足」「追い貸し」「zombie lending」へとつながり、「融資債権の切捨て」を通じる「不良債務者の援助」による「製品市場の資源配分の歪み」や「追い貸し」による「融資資金配分の歪み」につながる。これらのキーワード群を組み合わせた「不良債権処理の遅れ」が「不況からの回復」「デフレ経済からの脱出」を遅らせ、日本経済の「失われた20年」を生み出したとする見方が広く受容されている。//本論文では、「不良債権」をキーワードとする「不良債権問題」と「失われた20年」に関わる「通説」・「通念」が、曖昧かつきらびやかな用語を羅列する言説の集積物であり、事実誤認と誤解に満ちた、実態からはなはだしく乖離した「神話」であることを示す。本論文では、「不良債権問題」や「失われた20年」問題に関する「通説」・「通念」を、 20年間にわたって大いに盛り上がった「不良債権」を象徴とする曖昧かつきらびやかな用語が乱舞する「宴」にたとえて、次の如き評価を示す。//今日の通説・通念となっている「不良債権」やその「処理の遅れ」に注目する日本経済の「失われた10年（20年）」論議を構成する多くの文献は、壮大な規模で長期間にわたって繰り広げられた「宴」に供された「▼▼▼▼のような曖昧だが華美な事柄」を話題（素材）とする「△△△△のようなもの」である。Caballero, Hoshi, and Kashyap [2008]や池尾編[2009]所収の諸論文が集大成あるいは象徴的文献として最も著名である。「不良債権」「不良債権処理の遅れ」「追い貸し」「失われた10年」などが「▼▼▼▼」の代表である。「宴」の内容や雰囲気に無関心あるいは批判的な者は参加していない。一時期参加した後に離脱した者も少なくないかもしれない。","subitem_description_type":"Abstract"},{"subitem_description":"Many observers describe the last 20 years of the Japanese economy as \"the Two Lost Decades\". Many also discuss the \"bad loans\" in the banking sector and the \"insufficient\" and \"delayed\" \"disposal of the bad loans.\" They urge policies that will accelerate that disposition. Observers have also argued that the \"delayed disposal\" of the accumulated \"bad loans\" have caused \"damage to bank balance-sheets\". The banks have \"shuffled\" the loans to cover-up the damage. They have become more \"reluctant to lend,\" and \"financial system instability,\" \"balance-sheet depression,\" and \"zombie banks\" have resulted. These observers urge the government to adopt \"bank bailouts\" as a countermeasure. They argue that the banking system has been plagued by \"insufficiency in allowance for doubtful loan accounts,\" \"follow-up lending,\" and \"zombie lending,\" and that these practices have caused both \"allocative distortion in product markets\" through \"the subsidization of bad borrowers\" by \"discarding loan receivables,\" and a \"distortion in credit allocation.\" Ultimately, they claim, \"the delay in bad loan disposal\" has impeded Japan's \"recovery from depression\" and \"exit from the deflationary economy,\" and \"the Lost Two Decades\" have resulted.//After detailed investigation, this article concludes that this dominant view, emphasizing \"bad loan problems\" and \"the Lost Two Decades\", is nothing but a list of fuzzy but colorful and beautiful words and concepts. Full of misconceptions and misunderstandings, the account is a \"myth\" significantly deviating from the reality. This article reaches the following evaluation, comparing the dominant view correlated with \"bad loan problems\" and \"the Lost Two Decades\" to a \"banquet\" lasted for two decades amid a flurry of fuzzy and colorful words like \"bad loans\".//Most literature that have set up the dominant view in the \"Lost Two Decades\" debate of the Japanese economy, focusing on \"bad loan\" and \"delay in its disposal\", are \"something like xxx\" talking about \"fuzzy but colorful issues like ▽▽▽▽\" presented at a long-lasting grandiose \"banquet\". Caballero, Hoshi, and Kashyap [2008] and articles in Ikeo ed. [2009] are representative, and the most well-known as its culmination. \"Bad loan\", \"delay in bad loan disposal\", \"following-up lending\", and \"the Lost Decade\" represent \"▽▽▽▽\". Those who have been indifferent or critical with the content and atmosphere of the \"banquet\" have stayed away from it. Many others joined it once, but since have left.","subitem_description_type":"Abstract"}]},"item_8_description_6":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"本文フィルはリンク先を参照のこと","subitem_description_type":"Other"}]},"item_8_full_name_3":{"attribute_name":"著者別名","attribute_value_mlt":[{"nameIdentifiers":[{"nameIdentifier":"96707","nameIdentifierScheme":"WEKO"}],"names":[{"name":"Miwa, Yoshiro"}]}]},"item_8_publisher_20":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"日本経済国際共同センター"}]},"item_8_relation_25":{"attribute_name":"関係URI","attribute_value_mlt":[{"subitem_relation_type_id":{"subitem_relation_type_id_text":"http://www.cirje.e.u-tokyo.ac.jp/research/dp/2011/2011cj235ab.html","subitem_relation_type_select":"URI"}}]},"item_8_source_id_10":{"attribute_name":"書誌レコードID","attribute_value_mlt":[{"subitem_source_identifier":"AA11451834","subitem_source_identifier_type":"NCID"}]},"item_8_subject_15":{"attribute_name":"日本十進分類法","attribute_value_mlt":[{"subitem_subject":"335","subitem_subject_scheme":"NDC"}]},"item_8_text_21":{"attribute_name":"出版者別名","attribute_value_mlt":[{"subitem_text_value":"Center for International Research on the Japanese Economy"}]},"item_8_text_4":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_value":"東京大学大学院経済学研究科"}]},"item_access_right":{"attribute_name":"アクセス権","attribute_value_mlt":[{"subitem_access_right":"metadata only access","subitem_access_right_uri":"http://purl.org/coar/access_right/c_14cb"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"三輪, 芳朗"}],"nameIdentifiers":[{"nameIdentifier":"96706","nameIdentifierScheme":"WEKO"}]}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"jpn"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report","resourceuri":"http://purl.org/coar/resource_type/c_18gh"}]},"item_title":"「不良債権」「不良債権処理の遅れ」「追い貸し」と「失われた20年」 : 日本の経験からの教訓？","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"「不良債権」「不良債権処理の遅れ」「追い貸し」と「失われた20年」 : 日本の経験からの教訓？"}]},"item_type_id":"8","owner":"1","path":["7436","7437"],"pubdate":{"attribute_name":"公開日","attribute_value":"2013-05-31"},"publish_date":"2013-05-31","publish_status":"0","recid":"42020","relation_version_is_last":true,"title":["「不良債権」「不良債権処理の遅れ」「追い貸し」と「失われた20年」 : 日本の経験からの教訓？"],"weko_creator_id":"1","weko_shared_id":null},"updated":"2022-12-19T04:17:20.074687+00:00"}