The Shadow Banking System - Survey and Typological Framework
Even though the sector of Non-bank financial intermediaries (NBFI) or shadow banks represent a large part of the contemporary financial system, these institutions received almost no attention in macroeconomic studies so far. Their presence has significant influence on the conduct of monetary policy and systemic risk within the financial system. Therefore, it is important to understand the nexus within the shadow banking sector and connections with the traditional banking sector. This work will examine specific institutions involved in the shadow banking system and their development. A stylized banking sector including NBFI will be introduced and provides the starting point for subsequent research on monetary transmission.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- James R. Barth & Triphon Phumiwasana & Wenling Lu, 2008. "Bank Regulation in the United States," CESifo DICE Report, Ifo Institute for Economic Research at the University of Munich, vol. 6(3), pages 3-8, October.
- Mark Carey & Mitch Post & Steven A. Sharpe, 1998.
"Does Corporate Lending by Banks and Finance Companies Differ? Evidence on Specialization in Private Debt Contracting,"
Journal of Finance,
American Finance Association, vol. 53(3), pages 845-878, 06.
- Mark Carey & Mitch Post & Steven A. Sharpe, 1996. "Does corporate lending by banks and finance companies differ? Evidence on specialization in private debt contracting," Finance and Economics Discussion Series 96-25, Board of Governors of the Federal Reserve System (U.S.).
- Naohiko Baba & Robert N McCauley & Srichander Ramaswamy, 2009. "US dollar money market funds and non-US banks," BIS Quarterly Review, Bank for International Settlements, March.
When requesting a correction, please mention this item's handle: RePEc:hlj:hljwrp:27-2012. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Fahrholz)
If references are entirely missing, you can add them using this form.