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...
Main Author: | |
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Format: | masterThesis |
Language: | eng |
Published: |
2021
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Subjects: | |
Online Access: | http://hdl.handle.net/10400.14/35547 |
Country: | Portugal |
Oai: | oai:repositorio.ucp.pt:10400.14/35547 |