Author/Editor: Artak Harutyunyan, Alexander Massara, Giovanni Ugazio, Goran Amidzic, Richard Walton.

Release Date:January, 2015

In this paper, we develop an alternative approach to estimate the size of the shadow banking system, using official data reported to the IMF complemented by other data sources. We base our more...

Author/Editor: Luca Errico, Artak Harutyunyan, Elena Loukoianova, Richard Walton, Yevgeniya Korniyenko, Goran Amidžic, Hanan AbuShanab, Hyun Song Shin.

Release Date:January, 2014

This paper presents an approach to understanding the shadow banking system in the United States using a new Global Flow of Funds (GFF) conceptual framework developed by the IMF’s Statistics more...