Showing 1 - 10 of 12
Is bank capital structure designed to extract deposit subsidies? We address this question by studying capital structure decisions of shadow banks: intermediaries that provide banking services but are not funded by deposits. We assemble, for the first time, call report data for shadow banks which...
Persistent link: https://www.econbiz.de/10012835979
Shadow bank market share in residential mortgage origination nearly doubled from 2007-2015, with particularly dramatic growth among online “fintech” lenders. We study how two forces, regulatory differences and technological advantages, contributed to this growth. Difference in difference...
Persistent link: https://www.econbiz.de/10012960154
Shadow bank market share in residential mortgage origination nearly doubled from 2007-2015, with particularly dramatic growth among online “fintech” lenders. We study how two forces, regulatory differences and technological advantages, contributed to this growth. Difference in difference...
Persistent link: https://www.econbiz.de/10012934372
Persistent link: https://www.econbiz.de/10013254310
Is bank capital structure designed to extract deposit subsidies? We address this question by studying capital structure decisions of shadow banks: intermediaries that provide banking services but are not funded by deposits. We assemble, for the first time, call report data for shadow banks which...
Persistent link: https://www.econbiz.de/10012482083
Persistent link: https://www.econbiz.de/10011649361
Persistent link: https://www.econbiz.de/10012051340
Persistent link: https://www.econbiz.de/10011926478
Persistent link: https://www.econbiz.de/10012216950
We study the rise of shadow banks in the largest consumer loan market in the US. The market share of shadow banks in originating residential mortgages nearly doubled from 2007-2015. Shadow banks gained a larger market share among less creditworthy borrowers, with a significant share of loans...
Persistent link: https://www.econbiz.de/10012455393