This study reports on our systematic review of 2008–2021 literature on shadow banking. We
present an overview of the shadow banking sector, wherein we discuss the definitions …

We examine the potential adverse effects of a prolonged period of low interest rates on
financial stability from multiple perspectives. First, we provide a unique comparison of …

This article examines the role of the shadow banking system in the global financial crisis of
2007–9. In order to do this, one must first explain the reasons for the explosive growth of …

The present study analyses the factors affecting the growth of Non-Banking Financial
Institutions (NBFI) and finance companies in 11 emerging market economies (EMEs) that the …

This article shows that the increase of income inequality and global wealth concentration
was an important driver for the financial and Eurozone crisis. The high levels of income …

Sažetak Our study aims to quantitatively assess some of the determinants of shadow
banking dynamics in 11 European Union (EU) countries from Central and Eastern Europe …

This study examines foreign investors' impact on the domestic government bond market's
yield and volatility by employing a pooled mean group (PMG) approach. The study uses the …

This paper uses novel data from the European Central Bank and the Eurosystem on non-
bank financial intermediation to investigate the potential factors of shadow banking growth …

The standard framework for debating the international currency system casts doubt on the
dollar's continuing hegemonic position because it raises questions regarding the ability of …

This article examines the development and implications of local currency bond markets
(LCBMs) in African countries in the context of international financial subordination (IFS) …