Does shadow banking require regulation?
AbstractThe calls for additional regulation of so-called “shadow banks” are a rush to judgment that would be costly and unsound policy. As of now, there is no convincing evidence that the shadow banking system is inherently unstable.
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Bibliographic InfoPaper provided by American Enterprise Institute in its series Working Papers with number 34648.
Date of creation: Jun 2012
Date of revision:
The central role of government in the housing boom and bust; shadow banking; financial crisis; Economic outlook; U.S. financial regulation;
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