Is There a Way to Strengthen the Shadow Banking System?

Daniela Gabor is a professor of economics and macrofinance at the University of West England at Bristol, where she works on shadow banking, capital markets, and transnational banking. Daniela is also a returning guest to the podcast, and she has a new paper out on the burgeoning field of critical macrofinance and how it sheds light on the past great financial crisis (2007-2009) and the present COVID-19 crisis. She re-joins Macro Musings to discuss this paper and how it can offer important insight into the current global economic environment.

Transcript for the episode can be found here.

Daniela’s Twitter: @DanielaGabor

Daniela’s UWE Bristol profile: https://people.uwe.ac.uk/Person/DanielaGabor

Related Links:

*Critical Macro-Finance: A Theoretical Lens* by Daniela Gabor

http://financeandsociety.ed.ac.uk/article/view/4408

*The Role of Time-Critical Liquidity in Financial Markets* by David Marshall and Robert Steigerwald

https://www.chicagofed.org/publications/economic-perspectives/2013/2q-marshall-steigerwald

*The Growth of Financial Banking* by Anna Youngman

https://www.journals.uchicago.edu/doi/abs/10.1086/251239?mobileUi=0&

*Daniela Gabor on Safe Assets and Shadow Banking*

https://macromusings.libsyn.com/103-daniela-gabor-on-safe-assets-and-shadow-banking

David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth