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Measuring Shadow Banking in Ireland using Granular Data

Author

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  • Godfrey, Brian

    (Central Bank of Ireland)

  • Golden, Brian

    (Central Bank of Ireland)

Abstract

This paper examines the question of measuring shadow banking in Ireland by looking at the behaviour of individual entities, using the definition of the Financial Stability Board (FSB). A framework for analysis is provided and preliminary estimates of the extent of shadow banking within various financial sub-sectors are derived.

Suggested Citation

  • Godfrey, Brian & Golden, Brian, 2012. "Measuring Shadow Banking in Ireland using Granular Data," Quarterly Bulletin Articles, Central Bank of Ireland, pages 82-96, October.
    • Handle: RePEc:cbi:qtbart:y:2012:m:10:p:82-96
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    File URL: https://centralbank.ie/docs/default-source/publications/quarterly-bulletins/qb-archive/2012/qb4-2012.pdf?sfvrsn=6#page=84
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    References listed on IDEAS

    as
    1. Nicola Gennaioli & Andrei Shleifer & Robert W. Vishny, 2013. "A Model of Shadow Banking," Journal of Finance, American Finance Association, vol. 68(4), pages 1331-1363, August.
    2. Gary Gorton & Andrew Metrick, 2010. "Regulating the Shadow Banking System," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 41(2 (Fall)), pages 261-312.
    3. Godfrey, Brian & Jackson, Clive, 2011. "Meeting the Statistical Challenges of Financial Innovation: Introducing New Data on Securitisation," Quarterly Bulletin Articles, Central Bank of Ireland, pages 109-122, July.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Anna Maria Agresti, 2016. "Shadow banking: some considerations for measurements purposes," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Combining micro and macro data for financial stability analysis, volume 41, Bank for International Settlements.
    2. Karl Michael Beyer & Lars Braeutigam, 2016. "Das europaeische Schattenbankensystem: Typologisierung und die Bewertung regulatorischer Initiativen auf europaeischer Ebene," ICAE Working Papers 56, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    3. Godfrey, Brian & Killeen, Neill & Moloney, Kitty, 2015. "Data Gaps and Shadow Banking:Profiling Special Purpose Vehicles’Activities in Ireland," Quarterly Bulletin Articles, Central Bank of Ireland, pages 48-60, July.
    4. Lars Bräutigam & Karl Michael Beyer, 2016. "Das europäische Schattenbankensystem," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 154, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    5. Anna Maria Agresti & Rok Brence, 2017. "Statistical work on shadow banking: development of new datasets and indicators for shadow banking," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Data needs and Statistics compilation for macroprudential analysis, volume 46, Bank for International Settlements.
    6. Hallissey, Niamh, 2016. "Interconnectedness of the Irish banking sector with the global financial system," Quarterly Bulletin Articles, Central Bank of Ireland, pages 66-82, January.
    7. Rolf H. Weber & Dominic N. Staiger, 2014. "Financial Stability Board: Mandate and Implementation of Its Systemic Risks Standards," IJFS, MDPI, vol. 2(1), pages 1-21, February.
    8. International Monetary Fund, 2016. "Ireland: Financial Sector Assessment Program: Technical Note-Asset Management and Financial Stability," IMF Staff Country Reports 2016/312, International Monetary Fund.

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