Abstract
The paper focuses on two functions of shadow banking: securitization and collateral intermediation. It describes operations of the shadow banking system, demand factors, systemic risks, and associated policy priorities.
Cite
CITATION STYLE
APA
Claessens, S., Ratnovski, L., & Singh, M. (2012). Shadow Banking: Economics and Policy. Staff Discussion Notes, 12(12), 1. https://doi.org/10.5089/9781475583588.006
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