全球智库信息集成服务系统(G2TT): DP11919 Mapping the interconnectedness between EU banks and shadow banking entities

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP11919
	DP11919 Mapping the interconnectedness between EU banks and shadow banking entities
	Richard Portes; Marco D'Errico; Neill Killeen; Vera Luz; Tuomas Peltonen; Teresa Urbano
发表日期	2017-03-19
出版年	2017
语种	英语
摘要	This paper provides a unique snapshot of the exposures of EU banks to shadow banking entities within the global financial system. Drawing on a rich and novel dataset, the paper documents the cross-sector and cross-border linkages and considers which are the most relevant for systemic risk monitoring. From a macroprudential perspective, the identification of potential feedback and contagion channels arising from the linkages of banks and shadow banking entities is particularly challenging when shadow banking entities are domiciled in different jurisdictions. The analysis shows that many of the EU banks’ exposures are towards non-EU entities, particularly US-domiciled shadow banking entities. At the individual level, banks’ exposures are diversified although this diversification leads to high overlap across different types of shadow banking entities.
主题	Financial Economics ; International Macroeconomics and Finance
关键词	Shadow banking Interconnectedness Financial stability Macroprudential
URL	https://cepr.org/publications/dp11919
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/540731
推荐引用方式 GB/T 7714	Richard Portes,Marco D'Errico,Neill Killeen,et al. DP11919 Mapping the interconnectedness between EU banks and shadow banking entities. 2017.