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Reconceptualizing Stability: Dynamics of Shadow Banking in Financial Markets

Author

Listed:
  • Croicu Andreea-Elena

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Călin Adrian Cantemir

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

The purpose of this paper is to provide a thorough analysis of the existing research on the topic of shadow banking. As it has captured attention from policymakers, academics, and market participants, non-bank financial intermediaries, often referred to as shadow banking, have acquired significance due to their scale and economic ramifications. The review begins with an overview of the topic and then focuses on specific key areas, including vulnerabilities of non-bank financial institutions (NBFIs), liquidity, financial leverage, and financial stability. We provide an overview of significant contributions that clarify the connection between shadow banking and financial stability.

Suggested Citation

  • Croicu Andreea-Elena & Călin Adrian Cantemir, 2024. "Reconceptualizing Stability: Dynamics of Shadow Banking in Financial Markets," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 1385-1397.
    • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:1385-1397:n:1025
    DOI: 10.2478/picbe-2024-0114
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    References listed on IDEAS

    as
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