{"created":"2021-03-01T07:02:28.239776+00:00","id":42564,"links":{},"metadata":{"_buckets":{"deposit":"719c413b-92c7-484a-9cbf-c80f3d0593b8"},"_deposit":{"id":"42564","owners":[],"pid":{"revision_id":0,"type":"depid","value":"42564"},"status":"published"},"_oai":{"id":"oai:repository.dl.itc.u-tokyo.ac.jp:00042564","sets":["62:7433:7434","9:7435:7436"]},"item_8_biblio_info_7":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2005-04","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"CIRJE-F-339","bibliographic_titles":[{"bibliographic_title":"Discussion paper series. CIRJE-F"}]}]},"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":"This short paper shows that under the Bank of Japan's Zero Interest Rate Policy and Quantitative Monetary Easing, not just the levels of money market rates but also the dispersion of rates across banks have fallen to near zero. Using the data on individual banks'Negotiable Certificate of Deposit rates, we first show that the dispersion of the rates among banks has fallen since 1999, the year of the adoption of the Zero Interest Rate Policy and has reached almost zero by 2004. We next show that the fall in the dispersion of the rates is not explained by a corresponding fall in the dispersion of the credit ratings of the banks. Rather, credit risk premiums seem to have disappeared in the money market. We also discuss possible relationships between this result and the Bank of Japan's monetary policy.","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_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/2005/2005cf339ab.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":"AA11450569","subitem_source_identifier_type":"NCID"}]},"item_8_subject_15":{"attribute_name":"日本十進分類法","attribute_value_mlt":[{"subitem_subject":"330","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":"Bank of Japan"},{"subitem_text_value":"University of Tokyo"}]},"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":"Baba, Naohiko"}],"nameIdentifiers":[{"nameIdentifier":"97904","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Nakashima, Motoharu"}],"nameIdentifiers":[{"nameIdentifier":"97905","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Shigemi, Yosuke"}],"nameIdentifiers":[{"nameIdentifier":"97906","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Ueda, Kazuo"}],"nameIdentifiers":[{"nameIdentifier":"97907","nameIdentifierScheme":"WEKO"}]}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"Monetary policy","subitem_subject_scheme":"Other"},{"subitem_subject":"Zero Interest Rate Policy","subitem_subject_scheme":"Other"},{"subitem_subject":"Quantitative Monetary Easing Policy","subitem_subject_scheme":"Other"},{"subitem_subject":"Negotiable Certificate of Deposit","subitem_subject_scheme":"Other"},{"subitem_subject":"Credit Risk Premium","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL Classification Numbers: E52","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"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":"The Bank of Japan's Monetary Policy and Bank Risk Premiums in the Money Market","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"The Bank of Japan's Monetary Policy and Bank Risk Premiums in the Money Market"}]},"item_type_id":"8","owner":"1","path":["7436","7434"],"pubdate":{"attribute_name":"公開日","attribute_value":"2013-06-03"},"publish_date":"2013-06-03","publish_status":"0","recid":"42564","relation_version_is_last":true,"title":["The Bank of Japan's Monetary Policy and Bank Risk Premiums in the Money Market"],"weko_creator_id":"1","weko_shared_id":null},"updated":"2022-12-19T04:17:42.071487+00:00"}