• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Tatiana Rusina
Shadow Banking Regulation as a Mitigator of Crisis Development
World Economy
(Bachelor’s programme)
8
2017
Through the last two decades the shadow banking system has represented itself as quite fragile and unstable field where a great amount of financial transactions is conducted. Shadow banking entities performing the role of the financial intermediary have an access to a great amount of liquidity in a form of deposits and credit liabilities. The financial crisis of 2008 has created a powerful incentive for authorities of different countries to review their regulating policy concerning the shadow banking system. However, not all actions aimed at ensuring the stability in this field are considered as effective enough. The purpose of the study is to provide more effective and flexible model that will be able to regulate the shadow banking system. Before making up the model, the analysis was employed to select key institutions that have the most detrimental effect on the stability of the shadow banking system. The model was built with the help of the simple regression. The adequacy of the model was tested on the US economic system. The results of the research can be implied within a macroeconomic policy of a country.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses