Deposit insurance and the coexistence of commercial and shadow banks
Sign Up to like & getrecommendations! Published in 2020 at "Annals of Finance"
DOI: 10.1007/s10436-020-00359-z
Abstract: We investigate how deposit insurance affects the structure of the financial system in a general equilibrium setting in which a government insurer guarantees deposits at commercial banks, but not at shadow banks. With deposit-based or… read more here.
Keywords: shadow banks; banks deposit; commercial banks; insurance ... See more keywords
Shadow banks, banking policies and China’s macroeconomic fluctuations
Sign Up to like & getrecommendations! Published in 2021 at "Journal of International Money and Finance"
DOI: 10.1016/j.jimonfin.2021.102415
Abstract: Abstract This paper develops a model of the Chinese economy using a DSGE framework that accommodates a banking sector and money. The model is used to shed light on the period of the Global Financial… read more here.
Keywords: policies china; shadow banks; monetary policy; policy ... See more keywords
China’s Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans and the End of the Chinese Miracle
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DOI: 10.1080/00472336.2019.1681020
Abstract: In 2019, when factory output and manufactured exports had contracted and economic growth had decelerated, Chinese debt stood at 300% of gross domestic product (GDP). As well as reductions in corpor... read more here.
Keywords: shadow banks; wall debt; debt; debt shadow ... See more keywords