Shadow Banking: Economics and Policy

Author/Editor: Claessens, Stijn ; Ratnovski, Lev ; Singh, Manmohan
Publication Date: December 04, 2012
Electronic Access: Free Full text (PDF file size is 783KB).
Use the free Adobe Acrobat Reader to view this PDF file

Summary: This note outlines the basic economics of the shadow banking system, highlights (systemic) risks related to it, and suggests implications for measurement and regulatory approaches.
Series: Staff Discussion Notes No. 12/12
Subject(s): Banking | Asset management | Shadow economy | Monetary policy | Risk management

Publication Date: December 04, 2012
ISBN/ISSN: 9781475583588/2221-030X Format: Paper
Stock No: SDNEA2012012 Pages: 37
US$20.00 (Academic Rate:
US$20.00 )
Please address any questions about this title to