Servicing of shadow economy: banking and parabanking systems
نویسندگان
چکیده
منابع مشابه
Banking and Shadow Banking
Tightening financial regulation squeezes banking activities into the shadow banking sector, which may hurt financial stability and production (Plantin, 2014). Unlike Plantin’s work, we investigate regulations that reduce banks’ leverage and dampen financial amplification effects. Moreover, our paper studies the trade-off between economic growth and financial stability in light of shadow banking...
متن کاملLegal aspects of Shadow Banking
Shadow Banking system, as an investment method, while being an integral part of the supervised banking system, is a rival for banks and governance institutions in financing and oversight. As a result, its development has created a situation for regulated institutions, which leads to concerns about the legal and regulatory responsibilities of the banking and financial system for investment not g...
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Commercial banks are subject to regulation that restricts their investments. When banks are concerned for their reputation, however, they could self-regulate and invest more efficiently. Hence, a shadow banking that arises to avoid regulation has the potential to improve welfare. Still, reputation concerns depend on future economic prospects and may suddenly disappear, generating a collapse of ...
متن کاملThe Economics of Shadow Banking
Coined under the rubric of “shadow banking,” the nonbank/bank nexus is largely seen as a form of regulatory arbitrage. However this is an incomplete view since there is genuine economic demand for such services. This paper attempts to explain the economics that supports the demand/supply for this market, the systemic risks that can arise, and regulatory and broader policy implications. Current ...
متن کاملReligion and the Shadow Economy
Religion is increasingly acknowledged to be a cultural dimension which affects economic outcomes in different regards. This contribution focuses on religion’s possible impact on the shadow economy. Different dimensions of the religious markets are taken into account. These dimensions refer to the overall degree of religiosity, the specific impact of different religions, religious competition or...
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ژورنال
عنوان ژورنال: Национальная безопасность / nota bene
سال: 2020
ISSN: 2454-0668
DOI: 10.7256/2454-0668.2020.6.34674