Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries

• Main Authors: Musse, Osman Sayid Hassan, Echchabi, Abdelghani, Abd Aziz, Hassanuddeen
• Format: Article
• Language: English
• Published: Science Publications 2015
• Subjects: HG1501 Banking
• Online Access: 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
• Institution: Universiti Islam Antarabangsa Malaysia

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...