
A Model of Endogenous Loan Quality and the Collapse of the Shadow Banking System
Author(s) -
Francesco Ferrante
Publication year - 2015
Publication title -
finance and economics discussion series
Language(s) - English
Resource type - Journals
eISSN - 2767-3898
pISSN - 1936-2854
DOI - 10.17016/feds.2015.021
Subject(s) - shadow banking system , loan , leverage (statistics) , diversification (marketing strategy) , monetary economics , financial intermediary , business , economics , financial system , shadow (psychology) , asset quality , deposit insurance , pledge , systemic risk , finance , intermediation , market liquidity , capital adequacy ratio , financial crisis , macroeconomics , market economy , incentive , psychology , marketing , machine learning , computer science , law , political science , psychotherapist