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The Growing Risk of Spillovers and Spillbacks in the Bank-NBFI Nexus - Liberty Street Economics
https://libertystreeteconomics.newyorkfed.org/2024/06/the-growing-risk-of-spillovers-and-spillbacks-in-the-bank-nbfi-nexus/
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banks
nonbank
systemic risk
financial intermediation
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The authors consider the systemic implications of the observed build-up of bank-NBFI connections associated with the growth of NBFIs.
