A Model of Shadow Banking
收藏NBER2011-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17115
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资源简介：
We present a model of shadow banking in which financial intermediaries originate and trade loans, assemble these loans into diversified portfolios, and then finance these portfolios externally with riskless debt. In this model: i) outside investor wealth drives the demand for riskless debt and
提供机构：
美国国家经济研究局
创建时间：
2011-06-01
