and generates a "collateral multiplier" effect. Finally, we show that intermediation by dealers may endogenously arise in …

intermediation performed outside the traditional banking system. This is consistent with the definition used at the global level by … the regular banking system and credit intermediation when assessing the structural vulnerabilities within the shadow …

intermediation in Indonesia. The research uses technical analysis and multiple regression data analysis techniques. Results indicated … has contributed to better financial intermediation and financial stability. However, rising moral hazard means that future …