ADBI Working Papers

The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.


  • Bank of Japan Exchange - Trade Fund Purchases as an Unprecedented Monetary Easing Policy 

    Shirai, Sayuri (Asian Development Bank Institute, 2018-08-30)
    This paper highlights exchange-traded funds (ETF) purchases conducted by the Bank of Japan under Quantitative and Qualitative Monetary Easing with Yield Curve Control. The policy to indirectly purchase stocks is unprecedented in terms of the scale and ...
  • Financing Solar Photovoltaic Transitions: From Utility to Residential Market Adoption in Emerging Economies 

    Tantiwechwuttikul, Ranaporn; Yarime, Masaru (Asian Development Bank Institute, 2018-08-15)
    Solar photovoltaic (PV) technological leap-frogging greatly enhances energy accessibility, yet energy affordability remains a critical challenge. Traditional financing options, categorized as the solar-as-asset model, usually favor utility-scale PV ...
  • Credit Risk Reduction Effect on Small and Medium-sized Enterprise Finance Through the use of Bank Account Information 

    Nemoto, Naoko; Yoshino, Naoyuki; Okubo, Yutaka; Inaba, Daimei; Yanagisawa, Kentaro (Asian Development Bank Institute, 2018-08-15)
    This paper verifies the impact of bank account information, such as information on deposits and withdrawals, that is not necessarily fully accounted for in conventional internal ratings and that can affect the accuracy of the default predictions of ...
  • Stimulating Non-Bank Financial Institutions' Participation in Green Investments 

    Gianfrate, Gianfranco; Lorenzato, Gianni (Asian Development Bank Institute, 2018-08-15)
    This paper analyzes the approaches adopted by institutional investors to manage climate risk in their portfolios and proposes policies to increase climate awareness in this large segment of the capital markets. Because of their size and their role as ...

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