Shadow banking and the crisis of 2007-08

Daniel Sanches

Business Review, 2014, issue Q2, 7-14

Abstract: In recent decades, institutions that function much like traditional banks have grown outside regulatory oversight. Yet, as Daniel Sanches explains, these so-called shadow banks are as vulnerable to runs as regular banks. Because banking crises can inflict lasting economic harm, economists are interested in tracing how the panic ensued in the shadow system.

Keywords: Financial Crisis; Shadow banks; Banking (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (3)

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