Sarkar, Asani; Antill, Samuel; Hou, David - In: Economic Policy Review (2014) Dec, pp. 59-83
The U.S. financial sector grew steadily as a share of the total business sector from 1959 until the recent financial … of the financial sector and its subsectors relative to the total business (financial and nonfinancial) sector over time …. Shadow banks increased rapidly in size at the expense of traditional banks, becoming a significant portion of the financial …