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~isPartOf:"Chicago Booth Research Paper"
~person:"Claessens, Stijn"
~person:"Vishny, Robert W."
~subject:"Finanzmarkt"
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Search: ("Bad bank" OR "Bank insolvency" OR "Banking" OR "Banking crisis" OR "Credit risk" OR "Economic policy analysis" OR "Enterprise restructuring" OR "Financial crisis" OR "Germany" OR "Specialized bank") AND NOT isPartOf:Intereconomics
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A Model of Shadow
Banking
Gennaioli, Nicola
-
2012
We present a model of shadow
banking
in which banks originate and trade loans, assemble them into diversified … diversification. The shadow
banking
system is stable and welfare improving under rational expectations, but vulnerable to crises and …
Persistent link: https://www.econbiz.de/10013101652
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