Regulatory arbitrage and the expansion of shadow banks in the U.S. mortgage market

Shadow banks' market share in the mortgage market of the US has increased from 23,5% in 2009 to 57,6% in 2019. The residential mortgage market has changed dramatically in the years following the Great Recession: credit intermediation has shifted from traditional banks to shadow banks. For insta...

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Bibliographic Details
Main Author: Gaião, Camila da Paz Campos (author)
Format: masterThesis
Language:eng
Published: 2021
Subjects:
Online Access:http://hdl.handle.net/10400.14/35547
Country:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/35547