Leverage—A Broader View

Leverage—A Broader View
Traditional measures of leverage in the financial system tend to reflect bank balance sheet data. The paper argues that these traditional, bank-centric measures should be augmented by considering pledged collateral in the financial system since pledged collateral provides a measure of an important part of nonbank funding to banks. From a policy... READ MORE...

Publication date: March 2018
ISBN 9781484347034
$18.00

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