Mizuho Group / Mitsui / Housing Loan Corporation / Morgan Stanley / Mitsubishi Tokyo Financial Group / Goldman Sachs / Sumitomo / ING Securities / Lehman Brothers / James Fiorillo ING Securities / Yukiko Ohara Credit Suisse First Boston Securities (Japan) Limited / Credit Suisse First Boston / G. Net / /
Country
Japan / United States / /
Currency
JPY / /
Facility
University of Chicago / Daiwa Institute of Research / /
IndustryTerm
bank equity / bank mortgages / insurance / life insurance securities / private banks / nontraditional products / bank losses / insurance company debt / bank capital / asset management / bank borrowers / bank recapitalization / postal life insurance program / insurance industry / real estate / non-viable banks / gross domestic product / poor computing operations / insurance underwriting / postal insurance program / bank analysts / bank / financial services / collateral and other bank reserves / postal insurance accounts / bank profitability / real estate sales / life insurance / computing / life insurance sector / overpaid and underutilized bank staff / /
MarketIndex
Nikkei 225 / TOPIX / /
Organization
Financial Services Agency / International Monetary Fund / Bank of Japan / National Bureau of Economic Research / Daiwa Institute of Research / Federal Reserve Bank of Chicago / Koizumi administration / Graduate School / the University of Chicago / Japanese government / Japan’s government / /
Person
Robert DeYoung / Takeo Hoshi / Doi / Paul Sheard / Reiko Toritani Fitch / Heizo Takenaka / Junichiro Koizumi / Joe Peek / Tim Callen / Reiko Toritani / David Atkinson / Jakob Lund / Robert Feldman / Anil K Kashyap / / /
Position
Prime Minister / banking system Analyst / consultant / author / professor / Major / minister / /
Sorting Out Japan’s Financial Crisis Anil Kashyap Abstract: This paper makes three contributions. First, I report information on the size of the Japanese financial crisis. Drawing principally on work by Fukaoan