Shadow bankingReal effectCapital reallocationInnovationChinaWe provide firm-level evidence on the real effects of shadow banking in terms of technological innovation. Firm-to-firm entrusted loans, the largest part of theTian, XuanTu, GuoqianWang, Yichu...
THE EFFECT OF SHADOW BANKING S SCALE CHANGE ON FINANCIAL ASSET PRICES 方先明,权威 Keywords: 影子银行,金融资产,溢出效应,TVP VAR模型,shadow banking,financial asset,spillover effect,TVP VAR model Full-Text Cite this paper Add to My Lib Abstract: 摘要 本文基于所构建的TVP VAR模型,检验了我国...
Estimates of the size of shadow banking in China vary widely, but range in the trillions of U.S. dollars. Shadow banking and real estate China's property sector, an estimated one-fourth of the economy, lies at the intersection of shadow banking, local government finances and household assets...
Shadow financing through off-balance sheet wealth management products (WMPs) has become increasingly important besides deposits in China. We quantify the economic magnitude of the effect of WMPs on banking stability in an equilibrium mod... X Feng,E Luetkebohmert,Y Xiao - 《Ssrn Electronic Journ...
theres a lot of good theres a new wind blo theres a reason why p theres a shadow hangi theres always one rea theres an angler fish theres an notion in m theres an old man sit theres another world theres just a shadow theres just so many t theres just so much t theres love that ...
In recent years, however, I find that the shadow banking loans have a positive effect on real estate investments only, and their effects on investments by private firms outside the real estate sector have been negative. 展开 关键词: banking system credit allocation investment allocation shadow ...
Shadow banking can be defined as “money market funding of capital market lending” (Mehrling et al. 2013).Footnote 1 A substantial amount of money market funding for shadow banks takes place through the repo market where agents exchange cash for collateral, usually Treasury debt and typically ov...
The ‘shadow banking’ sector is a loose title given to the financial sector that exists outside the regulatory perimeter but mimics some structures and functions of banks. This column introduces a new CEPR Policy Insight that looks into what we have lea
but in front of the p but in my dreams were but in perfect health but in reality to who but in recent times but in terms of onlin but in the lapel pock but in the real world but in the seventh th but in the square was but in this stump but in western countr but increasingly ...
This section builds and develops the short-run and long-run models of the effects of a set of control variables such as shadow economy, economic growth and real interest rate on financial depth in 17 emerging countries for the period of 1980–2018. There are various suggestions about measuremen...