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Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Apr 23, 2018

Daniela Gabor is a professor of economics and finance at the University of West England at Bristol and a monetary economist. She specializes in shadow banking, capital markets, and transnational banking. Today, she joins the show to discuss her new paper, *Chasing Unicorns: The European Single Safe Asset Project*. David and Daniela also discuss merits of equity-based banking, elements of the shadow banking system, and Europe’s quest for a safe asset. David’s blog: David’s Twitter: @DavidBeckworth Daniela’s Twitter: @DanielaGabor Daniela’s UWE Bristol profile: Related Links: *Chasing Unicorns: The European Single Safe Asset Project* by Daniela Gabor *Inside Safe Assets* by Anna Gelpern and Erik Gerding *The Growth of Financial Banking* by Anna Youngman *The Repo and Reverse Markets* by Marcia Stigum *The New York Money Market: Origins and Development* and *The New York Money Market: Uses of Funds* by Margaret Myers et al.