Search Results

SORT BY: PREVIOUS / NEXT
Author:Anton, Arturo 

Working Paper
Financing Modes and Lender Monitoring

Shadow banks are widely believed to be a creation of financial regulation and regulatory arbitrage. We show that bank and nonbank modes of financing can emerge endogenously in a simple borrower-lender framework absent regulatory arbitrage or policy interventions. The coexistence of banks and shadow banks in the absence of regulatory intervention speaks to the importance of shadow banks as alternative modes of financial intermediation. We explore the scope of regulation in determining the size and location of shadow banking, as opposed to how regulation can be designed to curtail shadow bank ...
Research Working Paper , Paper RWP 23-13

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

D82 1 items

G21 1 items

G28 1 items

G32 1 items

L25 1 items

PREVIOUS / NEXT