Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19022 |
来源ID | Working Paper 19022 |
Sustainable Shadow Banking | |
Guillermo Ordonez | |
发表日期 | 2013-05-02 |
出版年 | 2013 |
语种 | 英语 |
摘要 | Commercial banks are subject to regulation that restricts their investments. When banks are concerned for their reputation, however, they could self-regulate and invest more efficiently. Hence, a shadow banking that arises to avoid regulation has the potential to improve welfare. Still, reputation concerns depend on future economic prospects and may suddenly disappear, generating a collapse of shadow banking and a return to traditional banking, with a decline in welfare. I discuss how a combination of traditional regulation and cross reputation subsidization may enhance shadow banking and make it more sustainable. |
主题 | Microeconomics ; Economics of Information ; Macroeconomics ; Money and Interest Rates ; Financial Economics ; Financial Markets ; Financial Institutions |
URL | https://www.nber.org/papers/w19022 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576695 |
推荐引用方式 GB/T 7714 | Guillermo Ordonez. Sustainable Shadow Banking. 2013. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Guillermo Ordonez]的文章 |
百度学术 |
百度学术中相似的文章 |
[Guillermo Ordonez]的文章 |
必应学术 |
必应学术中相似的文章 |
[Guillermo Ordonez]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。