Regular Banking System versus Shadow Banking System. A Comparative Assessment of Evidence from Romania
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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In the present study, the effect of exchange rate and shadow banking along with the added value of different production sectors on the overdue receivables of the banking network in the period 2008: 2-2018: 4 has been investigated using the Markov regime change pattern. The results show that the effect of research variables in different regimes of overdue receivables is different, so that if def...
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Shadow Banking system, as an investment method, while being an integral part of the supervised banking system, is a rival for banks and governance institutions in financing and oversight. As a result, its development has created a situation for regulated institutions, which leads to concerns about the legal and regulatory responsibilities of the banking and financial system for investment not g...
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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 data from 14 countries of the G20 during 2002-2018. We divided countries in...
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The shadow banking system played a major role in the recent financial crisis but remains largely unregulated. We propose principles for its regulation and describe a specific proposal to implement those principles. We document how the rise of shadow banking was helped by regulatory and legal changes that gave advantages to three main institutions: money-market mutual funds (MMMFs) to capture re...
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ژورنال
عنوان ژورنال: Journal of Economic Development, Environment and People
سال: 2019
ISSN: 2285-3642,2285-3642
DOI: 10.26458/jedep.v8i4.650