sample article image

shadow banking: a review of the literature

This entry reviews the fundamental reasons for the existence of shadow banking, explains the functioning of shadow banking institutions and activities, discusses why shadow banks need to be regulated, and reviews the impact of recent reform efforts on shadow banking credit intermediation.

Full sample article…

Welcome to The New Palgrave Dictionary of Economics

The definitive resource for a new generation of economists

NEW CONTENT

Congratulations to Angus Deaton for being awarded the 2015 Nobel Prize in Economics. Read his original entries on consumer's expenditure and Stone, John Richard Nicholas (1913) today.

 Most Accessed Articles

View Top 10

FEATURES

Ten key macroeconomic articles chosen by our Associate Editor Professor Garett Jones

Econolog

Archive

Archive ImageThe first edition of the Dictionary was published in 1987 in four volumes. Access to full-text online articles is available to all subscribers.Browse the Archive