Nishimura wants change in macro-prudential focus


Macro-prudential policy should be used by supervisors to address the procyclical relationship between financial regulation and demographics, according to Kiyohiko Nishimura, a deputy governor of the Bank of Japan.

Nishimura believes demographic trends are a "key driver" in property price movement and told a conference in San Diego that during a "demographic bonus" - when a country's population possesses a large proportion of young workers - demand for property increases. As a result, financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: