The secular decline in interest rates and the rise of shadow banks

Journal of Financial Economics 2026

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Authors: Andrés Sarto, Olivier Wang
DOI: 10.1016/j.jfineco.2025.104228
Cited by: 0
References: 50

Fields of Study & Subjects

Banking stability regulation efficiency Digital Platforms and Economics Economic Theory and Policy

Publication details

Journal / source
Journal of Financial Economics
Volume
177
Pages
104228–104228
Publication date
6 January 2026
Language
EN