Cetorelli, Nicola; Cisternas, Gonzalo; Sarkar, Asani - 2025
by banks? To investigate these questions, we develop a model-based survey: we classify existing models into different … placed on the coexistence of banks and non-banks: how their competition, or the extent of cooperation through contractual … banks, open-end funds, special purpose vehicles, private credit entities, and fintech lenders. We also discuss innovation …