Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries
This study aims at investigating the possible influence of the current money creation process applied by the commercial banks through the fractional reserve system on the overall prices stability in the Gulf Cooperation Council (GCC) countries. The study uses yearly data spanning from 2008 throu...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Science Publications
2015
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/49435/ http://irep.iium.edu.my/49435/ http://irep.iium.edu.my/49435/ http://irep.iium.edu.my/49435/1/ajebasp.2015.101.105.pdf |