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

Mehran Zarei, Marziyeh Esfandiari and Seyed Hossein Mirjalili
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Mehran Zarei: university of sistan and baluchestan, Department of Economics
Marziyeh Esfandiari: university of sistan and baluchestan

Journal of Money and Economy, 2021, vol. 16, issue 2, 237-252

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

Keywords: Shadow Banking; Financial Stability; Quantile Regression; G20 (search for similar items in EconPapers)
Date: 2021
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