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Paperback Shadow Banking and Market-Based Finance Book

ISBN: 1484343883

ISBN13: 9781484343883

Shadow Banking and Market-Based Finance

Variants of nonbank credit intermediation differ greatly. We provide a conceptual framework to help distinguish various characteristics--structural features, economic motivations, and risk implications--associated with different forms of nonbank credit intermediation. Anchored by this framework, we take stock of the evolution of shadow banking and the extent of its transformation into market-based finance since the global financial crisis. In light...

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Format: Paperback

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