01824cas a2200229 a 4500 AALejournalIMF014166 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475517699 1018-5941 BD-DhAAL BD-DhAAL Mapping the Shadow Banking System Through a Global Flow of Funds Analysis. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (57 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents an approach to understanding the shadow banking system in the United States using a new Global Flow of Funds (GFF) conceptual framework developed by the IMF's Statistics Department (STA). The GFF uses external stock and flow matrices to map claims between sector-location pairs. Our findings highlight the large positions and gross flows of the U.S. banking sector (ODCs) and its interconnectedness with the banking sectors in the Euro area and the United Kingdom. European counterparties are large holders of U.S. other financial corporations (OFCs) debt securities. We explore the relationship between credit to domestic entities and the growth of non-core liabilities. We find that external debt liabilities of the financial sector are procyclical and are closely aligned with domestic credit growth. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2014/010 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/010/001.2014.issue-010-en.xml IMF e-Library