Related Books
Language: en
Pages: 17
Pages: 17
Type: BOOK - Published: 2010-07-01 - Publisher: International Monetary Fund
This paper examines the sizable role of rehypothecation in the shadow banking system. Rehypothecation is the practice that allows collateral posted by, say, a h
Language: en
Pages: 19
Pages: 19
Type: BOOK - Published: 2011-12-01 - Publisher: International Monetary Fund
The present way of thinking about financial intermediation does not fully incorporate the rise of asset managers as a major source of funding for banks through
Language: en
Pages: 37
Pages: 37
Type: BOOK - Published: 2012-12-04 - Publisher: International Monetary Fund
This note outlines the basic economics of the shadow banking system, highlights (systemic) risks related to it, and suggests implications for measurement and re
Language: en
Pages: 26
Pages: 26
Type: BOOK - Published: 2011-11-01 - Publisher: International Monetary Fund
Large banks and dealers use and reuse collateral pledged by nonbanks, which helps lubricate the global financial system. The supply of collateral arises from sp
Language: en
Pages: 47
Pages: 47
Type: BOOK - Published: 2018-08-01 - Publisher: International Monetary Fund
Variants of nonbank credit intermediation differ greatly. We provide a conceptual framework to help distinguish various characteristics—structural features, e