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...
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my.iium.irep.494352018-01-04T03:17:53Z http://irep.iium.edu.my/49435/ Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd Aziz, Hassanuddeen HG1501 Banking 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 through 2013 for Qatar, Kuwait, Oman, Saudi Arabia and United Arab Emirates and applies panel regression analysis based on the pooled data set. The results indicate that neither outstanding deposits nor outstanding loans have a significant influence on general price levels. Science Publications 2015 Article REM application/pdf en http://irep.iium.edu.my/49435/1/ajebasp.2015.101.105.pdf Musse, Osman Sayid Hassan and Echchabi, Abdelghani and Abd Aziz, Hassanuddeen (2015) Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries. The American Journal of Economics and Business Administration, 7 (3). pp. 101-105. ISSN 1945-5488 http://thescipub.com/PDF/ajebasp.2015.101.105.pdf 10.3844/ajebasp.2015.101.105 |
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HG1501 Banking Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd Aziz, Hassanuddeen Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries |
description |
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 through 2013 for Qatar, Kuwait, Oman, Saudi Arabia and
United Arab Emirates and applies panel regression analysis based on the
pooled data set. The results indicate that neither outstanding deposits nor
outstanding loans have a significant influence on general price levels. |
format |
Article |
author |
Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd Aziz, Hassanuddeen |
author_facet |
Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd Aziz, Hassanuddeen |
author_sort |
Musse, Osman Sayid Hassan |
title |
Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries |
title_short |
Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries |
title_full |
Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries |
title_fullStr |
Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries |
title_full_unstemmed |
Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries |
title_sort |
fractional reserve banking and price stability: evidence from gulf cooperation council (gcc) countries |
publisher |
Science Publications |
publishDate |
2015 |
url |
http://irep.iium.edu.my/49435/1/ajebasp.2015.101.105.pdf http://irep.iium.edu.my/49435/ http://thescipub.com/PDF/ajebasp.2015.101.105.pdf |
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