Institutional Cash Pools and the Triffin Dilemma of the U.S. Banking System /

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 different picture than the supply-side angle that views it as a story of banks&...

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Bibliographic Details
Main Author: Pozsar, Zoltan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/190
Online Access:Full text available on IMF