Institutional Cash Pools and the Triffin Dilemma of the U.S. Banking System

Institutional Cash Pools and the Triffin Dilemma of the U.S. Banking System
Through the profiling of institutional cash pools, this paper explains the rise of the "shadow" banking system from a demand-side perspective. Explaining the rise of shadow banking from this angle paints a very different picture than the supply-side angle that views it as a story of banks'' funding preferences and arbitrage. Institutional cash... READ MORE...

Publication date: August 2011
ISBN 9781462307265
$18.00

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