Shedding light on the impact of the Bank of Japan’s exchange-traded fund purchase program
Peer-Reviewed Publication
Updates every hour. Last Updated: 1-Nov-2025 16:11 ET (1-Nov-2025 20:11 GMT/UTC)
The Bank of Japan’s Exchange-Traded Fund (ETF) purchases have had a substantial impact on stock prices. Researchers from Waseda University and the Bank of Japan reveal that the large-scale purchases of ETFs by the Bank of Japan have not only directly pushed up stock prices in the equity market but have also had a significant impact on the securities lending market, offering practical implications that can support decision-making in policy implementation and market activities.
Societal stigma against autistic people may influence how much effort individuals, including autistic people themselves, put into ‘prosocial’ or charitable behaviours, according to a new study published in Research in Autism.
ESMT Berlin, Mannheim Business School, and WHU – Otto Beisheim School of Management have joined forces to bring greater international attention to Germany as a destination for science and education. Germany stands for stability, democracy, and intellectual openness, especially in contrast to the changing political and social conditions in other parts of the world. Against this backdrop, the three institutions aim to speak with a unified voice and purposefully strengthen international interest in studying, researching, and exchanging ideas in Germany.