The contributions in this section address the theory of intermediation from an industrial organization perspective. The following three chapters are surveys of recent research on the traditional core ...
Bank-like activities that are exempt from banking regulations have often been called shadow banking. A more accurate but less interesting name is non-bank financial intermediation (NBFI). The Bank of ...
The global non-bank financial intermediation (NBFI) sector has grown significantly since the 2008–09 global financial crisis. In response, the Financial Stability Board (FSB) established the Non-bank ...
Di Maggio, Marco, Mark Egan, and Francesco Franzoni. "The Value of Intermediation in the Stock Market." Journal of Financial Economics 145, no. 2A (August 2022): 208–233.
the Financial Intermediation Research Society, and the Society for Financial Econometrics. He is a research associate of the National Bureau of Economic Research, a fellow of the Society for Financial ...
If it looks like a duck, quacks like a duck, and acts like a duck, then it is a duck—or so the saying goes. But what about an institution that looks like a bank and acts like a bank? Often it is not a ...