On Shadow Banking and Financial Frictions in DSGE Modeling
نویسندگان
چکیده
منابع مشابه
Banking and Shadow Banking
Tightening financial regulation squeezes banking activities into the shadow banking sector, which may hurt financial stability and production (Plantin, 2014). Unlike Plantin’s work, we investigate regulations that reduce banks’ leverage and dampen financial amplification effects. Moreover, our paper studies the trade-off between economic growth and financial stability in light of shadow banking...
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ژورنال
عنوان ژورنال: Review of Economics
سال: 2020
ISSN: 2366-035X,0948-5139
DOI: 10.1515/roe-2020-0008