Series: IMF Working Papers
Author(s): Zoltan Pozsar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2011
Keywords: institutional cash pools, Treasury bills, macroprudential, banking, banking system, deposit insurance, money market, insured deposit, Money And Interest Rates, Financial Institutions And Services,
Through the profiling of institutional cash pools, this paper explains the rise of the "shadow" banking system from a demand-side perspective. Explaining the rise of shadow banking from this angle paints a very dif...