Opendata, web and dolomites

SHADOWBANKING SIGNED

Monetary Policy and Shadow banking: global micro-evidence from ABCPs

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

Project "SHADOWBANKING" data sheet

The following table provides information about the project.

Coordinator
CITY UNIVERSITY OF LONDON 

Organization address
address: NORTHAMPTON SQUARE
city: LONDON
postcode: EC1V 0HB
website: www.city.ac.uk

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Project website https://www.cass.city.ac.uk/faculties-and-research/experts/angela-gallo
 Total cost 195˙454 €
 EC max contribution 195˙454 € (100%)
 Programme 1. H2020-EU.1.3.2. (Nurturing excellence by means of cross-border and cross-sector mobility)
 Code Call H2020-MSCA-IF-2015
 Funding Scheme MSCA-IF-EF-ST
 Starting year 2016
 Duration (year-month-day) from 2016-10-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CITY UNIVERSITY OF LONDON UK (LONDON) coordinator 195˙454.00

Map

 Project objective

This project aims to contribute to a multi-disciplinary understanding of shadow banking and banks’ interactions with it, which includes accounting, banking and macroeconomics, with the purpose to assess their response to monetary policy changes. The financial crisis revealed how the banking system is both intertwined with, and exposed to, (systemic) risks in the shadow banking system. This latter is generally defined as “credit intermediation involving entities and activities outside the regulated banking system”, or non-bank credit intermediation. The complexity of the issue, the heterogeneous legal forms and accounting practice assumed has so far limited empirical research on these “de facto” banks and their activities outside the scope of the regulatory framework. Based on extensive rating agencies’ data, we examine how global shadow banking in the form of asset-backed commercial paper (ABCPs) – where the 2007- crisis started - are affected by monetary policy and can become a potential source of financial and banking instability because of their market-based funding. This research is innovative as it takes a global view of the shadow banking system by: i) focusing on the (lending)-activities of shadow banks, regardless of their legal forms and their reporting practices; ii) including US, but also EU and UK banks as major global players; iii) using micro data at ABCPs-portfolio level. After the crisis, this issue remains relevant in the current global uncertain economic environment and in the Euro Area as early-stage regulatory initiatives (FSB, BCBS) are aiming to transform shadow banking into a resilient market-based financing as an alternative to bank funding to support the recovery of real economy. The project addresses one of the focus areas in the agenda of Horizon 2020 in line with Europe’s main challenge to overcome the economic crisis: i) understanding the evolution of the crisis and ii) understanding the impact of global trends on the EU’s economy. ---

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "SHADOWBANKING" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "SHADOWBANKING" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.1.3.2.)

ACES (2019)

Antarctic Cyclones: Expression in Sea Ice

Read More  

POSPORI (2019)

Polymer Optical Sensors for Prolonged Overseeing the Robustness of civil Infrastructures

Read More  

Topo-circuit (2019)

Exploring topological phenomenon in RF circuits

Read More