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Shadow Banking; Economics and Policy

Stijn Claessens (), Lev Ratnovski () and Manmohan Singh

No 12/12, IMF Staff Discussion Notes from International Monetary Fund

Abstract: This note outlines the basic economics of the shadow banking system, highlights (systemic) risks related to it, and suggests implications for measurement and regulatory approaches.

Keywords: Financial stability; Financial crises; Central banks and their policies; Shadow banking; macroprudential regulation, macroeconomic policy, banking, banking system, bank for international settlements, banking activities, Government Policy and Regulation, (search for similar items in EconPapers)
Date: 2012-12-04
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