Hong, Jong Soo - In: KDI-journal of economic policy 46 (2024) 1, pp. 21-51
Since the Global Financial Crisis of 2008-2009, the importance of non-bank financial institutions in macroprudential … insurance companies) during the Global Financial Crisis, the European Sovereign Debt Crisis, and the COVID-19 pandemic. Although … the Global Financial Crisis and the European Sovereign Debt Crisis, indicating that securities firms had a more …