What Prompted Shadow Banking in China? Wealth Management Products and Regulatory Arbitrage
نویسندگان
چکیده
منابع مشابه
In The Shadow of Banks: Wealth Management Products and Issuing Banks’ Risk in China
With regulations on deposit rates and on-balance-sheet lending, Chinese banks have significantly increased off-balance-sheet activities in recent years, most notably by issuing wealth management products. We examine the relationship between the product characteristics and the issuing banks and find that (1) the scale of product issuance is greater for banks constrained more by on-balance-sheet ...
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ژورنال
عنوان ژورنال: The Journal of Asian Finance, Economics and Business
سال: 2020
ISSN: 2288-4637,2288-4645
DOI: 10.13106/jafeb.2020.vol7.no12.063