Daniela Gabor is associate professor in economics at the University of the West of England, Bristol. She holds a PhD in banking and finance from the University of Stirling (2009). Since then, she has published on central banking in crisis, on the governance of global banks and the IMF, and on shadow banking and repo markets. Her latest publication is a co-edited book with Charles Goodhart, Jakob Vestegaard, and Ismail Erturk entitled Central Banking at Crossroads (Anthem Press, 2014).
Daniela Gabor
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Towards a theory of shadow money
Struggles over shadow money today echo 19th century struggles over bank deposits.
Towards a theory of shadow money
What does the rise of shadow banking mean for monetary theory and practice? (How) should we change our traditional theories of money to capture the complex practices through which money is created in modern financial systems?