Arbeitspapier
Shadow bank monitoring
We provide a framework for monitoring the shadow banking system. The shadow banking system consists of a web of specialized financial institutions that conduct credit, maturity, and liquidity transformation without direct, explicit access to public backstops. The lack of such access to sources of government liquidity and credit backstops makes shadow banks inherently fragile. Shadow banking activities are often intertwined with core regulated institutions such as bank holding companies, security brokers and dealers, and insurance companies. These interconnections of shadow banks with other financial institutions create sources of systemic risk for the broader financial system. We describe elements of monitoring risks in the shadow banking system, including recent efforts by the Financial Stability Board.
- Language
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Englisch
- Bibliographic citation
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Series: Staff Report ; No. 638
- Classification
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Wirtschaft
Financial Markets and the Macroeconomy
Financial Economics: General
Financial Crises
Financial Institutions and Services: Government Policy and Regulation
- Subject
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shadow banking
financial stability monitoring
financial intermediation
- Event
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Geistige Schöpfung
- (who)
-
Adrian, Tobias
Ashcraft, Adam B.
Cetorelli, Nicola
- Event
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Veröffentlichung
- (who)
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Federal Reserve Bank of New York
- (where)
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New York, NY
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Adrian, Tobias
- Ashcraft, Adam B.
- Cetorelli, Nicola
- Federal Reserve Bank of New York
Time of origin
- 2013