How Long to Read What is Shadow Banking?

How Long Does it Take to Read What is Shadow Banking??

It takes the average reader and 9 minutes to read What is Shadow Banking? by Stijn Claessens

Assuming a reading speed of 250 words per minute. Learn more

Description

There is much confusion about what shadow banking is. Some equate it with securitization, others with non-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking as activities that can create systemic risk. This paper proposes to describe shadow banking as “all financial activities, except traditional banking, which require a private or public backstop to operate”. Backstops can come in the form of franchise value of a bank or insurance company, or in the form of a government guarantee. The need for a backstop is in our view a crucial feature of shadow banking, which distinguishes it from the “usual” intermediated capital market activities, such as custodians, hedge funds, leasing companies, etc.

How long is What is Shadow Banking??

What is Shadow Banking? by Stijn Claessens is 9 pages long, and a total of 2,331 words.

This makes it 3% the length of the average book. It also has 3% more words than the average book.

How Long Does it Take to Read What is Shadow Banking? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 12 minutes to read What is Shadow Banking? aloud.

What Reading Level is What is Shadow Banking??

What is Shadow Banking? is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy What is Shadow Banking??

What is Shadow Banking? by Stijn Claessens is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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