The structure of the Japanese stock market

被引：0
作者：
Yonezawa Y. [1 ,3 ]
Miyake K. [2 ]
机构：
[1] Yokohama National University, Yokohama
[2] Faculty of Business Administration, Yokohama National University, Hodogaya-ku, Yokohama 240
来源：
Asia-Pacific Financial Markets | 1998年 / 5卷 / 1期
关键词：
Bubble; Corporate governance; Japanese stock market; Stock cross-shareholdings;
D O I：
10.1023/A:1009619022370
中图分类号：
学科分类号：
摘要：
The Japanese stock market is characterized by two prominent features. First, stock prices have been extremely volatile over the past ten years. Second, the market is dominated by cross-shareholdings and stagnant individual stock ownership. So, there are two purposes on this paper. The first is to assess the effects of stock cross-holdings on the stock market. The second is to look at recent stock price fluctuations, in the bubble period before 1990 and during the subsequent collapse. It will be recognized that these two features are interrelated. © 1998 Kluwer Academic Publishers.
引用
收藏
页码：1 / 28
页数：27
相关论文
共 50 条
  • [1] Strategy switching in the Japanese stock market
    Yamamoto, Ryuichi
    Hirata, Hideaki
    JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 2013, 37 (10) : 2010 - 2022
  • [2] International linkages of the Japanese stock market
    Chong, Terence Tai-Leung
    Wong, Ying-Chiu
    Yan, Isabel Kit-Ming
    JAPAN AND THE WORLD ECONOMY, 2008, 20 (04) : 601 - 621
  • [3] Application of artificial neural network for the prediction of stock market returns: The case of the Japanese stock market
    Qiu, Mingyue
    Song, Yu
    Akagi, Fumio
    CHAOS SOLITONS & FRACTALS, 2016, 85 : 1 - 7
  • [4] Jump Diffusion Model: An Application to the Japanese Stock Market
    Maekawa, K.
    Lee, S.
    Morimoto, T.
    Kawai, K.
    MODSIM 2005: INTERNATIONAL CONGRESS ON MODELLING AND SIMULATION: ADVANCES AND APPLICATIONS FOR MANAGEMENT AND DECISION MAKING: ADVANCES AND APPLICATIONS FOR MANAGEMENT AND DECISION MAKING, 2005, : 893 - 899
  • [5] Jump diffusion model with application to the Japanese stock market
    Maekawa, Koichi
    Lee, Sangyeol
    Morimoto, Takayuki
    Kawai, Ken-ichi
    MATHEMATICS AND COMPUTERS IN SIMULATION, 2008, 78 (2-3) : 223 - 236
  • [6] New evidence on determinants of price momentum in the Japanese stock market
    Teplova, Tamara
    Mikova, Evgeniya
    RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2015, 34 : 84 - 109
  • [7] Pairs-trading strategy: Empirical analysis in Japanese stock market
    Hakamata, M
    APPLICATION OF ECONOPHYSICS, PROCEEDINGS, 2004, : 150 - 153
  • [8] Skewness Preference and Asset Pricing: Evidence from the Japanese Stock Market
    Yang, Sheng-Ping
    Thanh Nguyen
    JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2019, 12 (03)
  • [9] VC correlation analysis on the overnight and daytime return in Japanese stock market
    Ochiai, Tomoshiro
    Nacher, Jose C.
    PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, 2019, 515 : 537 - 545
  • [10] Macroeconomic factors and the empirical content of the Arbitrage Pricing Theory in the Japanese stock market
    Azeez, A. A.
    Yonezawa, Yasuhiro
    JAPAN AND THE WORLD ECONOMY, 2006, 18 (04) : 568 - 591
12345