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The Impact of Shadow Banking on the Financial Stability: Evidence from G20 Countries

Author

Listed:
  • Zarei, Mehran

    (university of sistan and baluchestan, Department of Economics)

  • esfandiari, marziyeh

    (university of sistan and baluchestan)

  • Mirjalili, Seyed Hossein

    (Faculty of Economics, Institute for Humanities and Cultural Studies)

Abstract

Shadow banking is a term that came out of the financial crisis of 2007-2009. There is a belief that shadow banking was one of the crisis reasons. Because the excessive expansion of shadow banking endangers the financial stability of countries, this paper examines the impact of shadow banking on financial stability using

Suggested Citation

  • Zarei, Mehran & esfandiari, marziyeh & Mirjalili, Seyed Hossein, 2021. "The Impact of Shadow Banking on the Financial Stability: Evidence from G20 Countries," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 16(2), pages 237-252, June.
    • Handle: RePEc:mbr:jmonec:v:16:y:2021:i:2:p:237-252
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    References listed on IDEAS

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    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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