Shadow Banking and the Conduct of Monetary and Macroprudential Policy

Kirchner, Philipp

dc.date.accessioned	2020-12-11T10:23:44Z
dc.date.available	2020-12-11T10:23:44Z
dc.date.issued	2020
dc.identifier	doi:10.17170/kobra-202010262003
dc.identifier.uri	http://hdl.handle.net/123456789/12155
dc.description	Zugleich: Dissertation, Universität Kassel, 2020
dc.language.iso	eng
dc.publisher	kassel university press
dc.rights	Namensnennung - Weitergabe unter gleichen Bedingungen 4.0 International	*
dc.rights.uri	http://creativecommons.org/licenses/by-sa/4.0/	*
dc.subject	shadow banking	eng
dc.subject	DSGE	eng
dc.subject	financial frictions	eng
dc.subject	financial intermediation	eng
dc.subject	great financial crisis	eng
dc.subject.ddc	330
dc.title	Shadow Banking and the Conduct of Monetary and Macroprudential Policy	eng
dc.type	Buch
dcterms.abstract	Since the occurrence of the Great Financial Crisis (GFC) in 2007/2008, our understanding of (macro) economics changed fundamentally. The evolution of the GFC revealed fundamental changes in the structural composition of financial systems in that traditional retail banking services, especially in the U.S., shifted progressively into a market-based banking system called the shadow banking system. Consequently, policy makers were forced to adapt the existing toolkit in two ways: implementing unconventional monetary measures to stimulate markets and introducing macroprudential measures as laid down in the BASEL III-framework geared towards the resilience and stability of the financial sector. This thesis addresses these aspects by using state-of-the-art closed- and open-economy dynamic stochastic general equilibrium models to analyze the impact of shadow banking on the business cycle and on the interaction with monetary and macroprudential policy measures.	eng
dcterms.accessRights	open access
dcterms.creator	Kirchner, Philipp
dcterms.dateAccepted	2020-10-01
dc.contributor.corporatename	Kassel, Universität Kassel, Fachbereich Wirtschaftswissenschaften
dc.contributor.referee	Michaelis, Jochen (Prof. Dr.)
dc.contributor.referee	Voßkamp, Rainer (Prof. Dr.)
dc.publisher.place	Kassel
dc.relation.isbn	978-3-7376-0903-6
dc.subject.swd	Schattenwirtschaft	ger
dc.subject.swd	Finanzkrise	ger
dc.subject.swd	Geldpolitik	ger
dc.subject.swd	Finanzintermediation	ger
dc.subject.swd	Gleichgewichtsmodell	ger
dc.type.version	publishedVersion
kup.iskup	true
kup.order	https://www.genialokal.de/Produkt/Philipp-Kirchner/Shadow-Banking-and-the-Conduct-of-Monetary-and-Macroprudential-Policy_lid_44502841.html
kup.price	29,00
kup.subject	Wirtschaftswissenschaft	ger
kup.typ	Dissertation	ger
kup.institution	FB 07 / Wirtschaftswissenschaften
kup.binding	Softcover
kup.binding	Softcover
kup.size	DIN A5
kup.size	DIN A5