{"id":"https://openalex.org/W7215690127","doi":"https://doi.org/10.2861/31351","title":"Shadow Banking: what kind of Macroprudential Regulation Framework?","display_name":"Shadow Banking: what kind of Macroprudential Regulation Framework?","publication_year":2021,"publication_date":"2021-01-01","ids":{"openalex":"https://openalex.org/W7215690127","doi":"https://doi.org/10.2861/31351"},"language":"en","primary_location":{"id":"pmh:oai:iris.unibocconi.it:11565/4058162","doi":"https://doi.org/10.2861/31351","is_oa":false,"landing_page_url":"https://hdl.handle.net/11565/4058162","pdf_url":null,"source":{"id":"https://openalex.org/S7407055170","display_name":"Archivio istituzionale della Ricerca - Bocconi","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/other"},"volume":null,"type":"other","is_traditional":false,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5155420541","display_name":"Phil Molyneux","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Phil Molyneux","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5021274081","display_name":"Santiago Carb\u00f3 Valverde","orcid":"https://orcid.org/0000-0001-5357-599X","observed_orcids":["https://orcid.org/0000-0001-5357-599X"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Santiago Carbo\u0300 Valverde","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5016337199","display_name":"Andrea Resti","orcid":"https://orcid.org/0000-0001-7045-2844","observed_orcids":["https://orcid.org/0000-0001-7045-2844"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Andrea Resti","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5072098133","display_name":"Marco Onado","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Marco Onado","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5037126027","display_name":"Mario Quagliariello","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Mario Quagliariello","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.948199987411499,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.948199987411499,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.029500000178813934,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14154","display_name":"finance, banking, and market dynamics","score":0.008999999612569809,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/shadow-banking","display_name":"shadow banking","score":1.0},{"id":"https://openalex.org/keywords/macroprudential-regulation","display_name":"macroprudential regulation","score":0.9929999709129333},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.6169999837875366},{"id":"https://openalex.org/keywords/money-market-funds","display_name":"money market funds","score":0.9169999957084656},{"id":"https://openalex.org/keywords/securitization","display_name":"securitization","score":0.7609999775886536},{"id":"https://openalex.org/keywords/derivatives","display_name":"derivatives","score":0.9190000295639038},{"id":"https://openalex.org/keywords/stablecoins","display_name":"stablecoins","score":1.0},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.6470000147819519},{"id":"https://openalex.org/keywords/financial-intermediation","display_name":"financial intermediation","score":0.6439999938011169}],"concepts":[{"id":"https://openalex.org/C117797892","wikidata":"https://www.wikidata.org/wiki/Q286363","display_name":"Shadow (psychology)","level":2,"score":0.782800018787384},{"id":"https://openalex.org/C2779143981","wikidata":"https://www.wikidata.org/wiki/Q1445414","display_name":"Intermediation","level":2,"score":0.7684000134468079},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5349000096321106},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.527899980545044},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.47609999775886536},{"id":"https://openalex.org/C65146658","wikidata":"https://www.wikidata.org/wiki/Q1416431","display_name":"Financial intermediary","level":2,"score":0.44699999690055847},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.44679999351501465},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.4350000023841858},{"id":"https://openalex.org/C2781151444","wikidata":"https://www.wikidata.org/wiki/Q962143","display_name":"Shadow banking system","level":3,"score":0.4230000078678131},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.40149998664855957},{"id":"https://openalex.org/C23952128","wikidata":"https://www.wikidata.org/wiki/Q627543","display_name":"Money market","level":3,"score":0.3736000061035156},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3231000006198883},{"id":"https://openalex.org/C2776035091","wikidata":"https://www.wikidata.org/wiki/Q7928819","display_name":"Viewpoints","level":2,"score":0.319599986076355},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.31349998712539673},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.30799999833106995},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.30000001192092896},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.2784999907016754},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.2669999897480011},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.2540000081062317}],"mesh":[],"locations_count":1,"locations":[{"id":"pmh:oai:iris.unibocconi.it:11565/4058162","doi":"https://doi.org/10.2861/31351","is_oa":false,"landing_page_url":"https://hdl.handle.net/11565/4058162","pdf_url":null,"source":{"id":"https://openalex.org/S7407055170","display_name":"Archivio istituzionale della Ricerca - Bocconi","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/other"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3125249528","https://openalex.org/W7043024955","https://openalex.org/W2899109151","https://openalex.org/W4225487013","https://openalex.org/W3194436876","https://openalex.org/W4403088540","https://openalex.org/W2242711194","https://openalex.org/W2167064435","https://openalex.org/W2885238678","https://openalex.org/W1552749834"],"abstract_inverted_index":{"Shadow":[0],"banking":[1],"is":[2],"a":[3],"form":[4],"of":[5,87,93],"bank-like":[6],"intermediation":[7],"where":[8],"regulatory":[9],"standards":[10],"are":[11],"looser":[12],"than":[13],"for":[14,82],"regular":[15],"banks.":[16],"It":[17],"includes":[18],"money":[19],"market":[20],"funds":[21,24],"and":[22,28,35,45,52,55,66,85,98],"other":[23],"using":[25],"leverage,":[26],"securities":[27,32],"derivatives":[29],"dealers,":[30],"securitisations,":[31],"financing":[33],"transactions":[34],"derivatives,":[36],"as":[37,39],"well":[38],"new":[40],"players":[41],"like":[42],"digital":[43],"lenders":[44],"stablecoins.":[46],"We":[47,60],"look":[48],"at":[49,90],"theoretical":[50],"contributions":[51],"empirical":[53],"data":[54],"suggest":[56],"possible":[57],"policy":[58],"options.":[59],"recommend":[61],"that":[62],"rules":[63],"be":[64],"unambiguous":[65],"apply":[67],"to":[68],"all":[69],"institutions":[70],"performing":[71],"similar":[72],"functions.":[73],"This":[74],"document":[75],"was":[76],"provided":[77],"by":[78],"the":[79,91,94],"Policy":[80],"Department":[81],"Economic,":[83],"Scientific":[84],"Quality":[86],"Life":[88],"Policies":[89],"request":[92],"committee":[95],"on":[96],"Economic":[97],"Monetary":[99],"Affairs":[100],"(ECON).":[101]},"counts_by_year":[],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2026-10-03T00:00:00"}