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attention has been given to the mechanisms and role of shadow banking. In this contribution the role of money market funds …, commercial paper and securitization in the growth of financial intermediaries operating in the shadow of the regulated banking …
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The causes of the global financial crisis were multi-faceted but revealed still unresolved weaknesses in national and international financial oversight and resolution frameworks. In particular, many governments in the crisis-hit countries had to provide unprecedented levels of support to contain...
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This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date overview on the literature on financialization and reviews which of the phenomena typically associated with financialization have emerged in Germany. In particular, the article...
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