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The missing assets and the size of Shadow Banking: an update

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  • Davide Fiaschi
  • Imre Kondor
  • Matteo Marsili
  • Valerio Volpati

Abstract

In a recent paper, using data from Forbes Global 2000, we have observed that the upper tail of the firm size distribution (by assets) falls off much faster than a Pareto distribution. The missing mass was suggested as an indicator of the size of the Shadow Banking (SB) sector. This short note provides the latest figures of the missing assets for 2013, 2014 and 2015. In 2013 and 2014 the dynamics of the missing assets continued being strongly correlated with estimates of the size of the SB sector of the Financial Stability Board. In 2015 we find a sharp decrease in the size of missing assets, suggesting that the SB sector is deflating.

Suggested Citation

  • Davide Fiaschi & Imre Kondor & Matteo Marsili & Valerio Volpati, 2016. "The missing assets and the size of Shadow Banking: an update," Papers 1611.02760, arXiv.org.
    • Handle: RePEc:arx:papers:1611.02760
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    References listed on IDEAS

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    1. Davide Fiaschi & Imre Kondor & Matteo Marsili & Valerio Volpati, 2014. "The Interrupted Power Law and the Size of Shadow Banking," PLOS ONE, Public Library of Science, vol. 9(4), pages 1-8, April.
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