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Shadow banking: The effect of nonbank lending on traditional bank credit
- 2024/10/17
- 再生時間： 12 分
- ポッドキャスト
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サマリー
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あらすじ・解説
How has nonbank credit affected traditional bank lending? I'm particularly interested in three effects of nonbank lending (e.g. shadow banking and private credit): loans and leases in bank credit(do nonbanks crowd-out or displace banks?)bank loan performance (do nonbanks exhibit adverse selection and how do they affect broader delinquencies, chargeoffs, and defaults?)financial conditions (do nonbanks contribute to procyclical or countercyclical loosening/tightening?) This podcast is AI-generated with NotebookLM, using the following sources, research, and analysis: "Is Shadow Banking Really Banking?" (St. Louis Fed, Noeth/Sengupta, 2011.10.01)"Shadow Banking" (FRBNY, Adrian/Ashcraft/Boesky/Pozsar, 2013.12)"Shadow Banking and Market Based Finance" (IMF, Adrian, 2017.09.14)"Non-bank lending during financial crises" (FDIC, Aldasoro/Doerr/Zhou, 2022.01)"Liquidity, pledgeability, and the nature of lending" (Diamond/Hu/Rajan, 2022.03)"Nonbank lenders as global shock absorbers: Evidence from US monetary policy spillovers" (BOE, Elliott/Meisenzahl/Paydro, 2023.01.13)"The Disparate Outcomes of Bank‑ and Nonbank‑Financed Private Credit Expansions" (FRBNY, Boyarchenko/Elias, 2023.08.20)"Private Credit: Characteristics and Risks" (Fed, Cai/Haque, 2024.02.23)"Financing Private Credit" (FRBNY, Boyarchenko/Elias, 2024.08)"Bank Lending to Nonbanks: A Robust Channel Fueled by Constrained Capital?" (FDIC, Krainer/Vaghefi/Wang, 2024.09.05)Loans and Leases in Bank Credit (St. Louis Fed/FRED, 2024.10.17)Commercial Bank Delinquency Rates (St. Louis Fed/FRED, 2024.10.17)Commercial Bank Chargeoff Rates (St. Louis Fed/FRED, 2024.10.17)Financial Conditions Index "FCI" (St. Louis Fed/FRED, 2024.10.17) Not investment advice; do your own due diligence! # finance financials capital markets