The effect of banks' debt creation on price stability: evidence from Middle East and North Africa
The purpose of the study is to examine 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 MENA countries. The study uses yearly data spanning from 2005 through 2011 for 15 MENA coun...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Inderscience Publishers
2014
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/30286/1/The_effect_of_banks%E2%80%99_debt.pdf |
| _version_ | 1825647314430066688 |
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| author | Sayid Hassan Musse; Hassanuddeen Abdul Aziz;, Osman Abdul Aziz, Hassanuddeen Echchabi, Abdelghani |
| author_facet | Sayid Hassan Musse; Hassanuddeen Abdul Aziz;, Osman Abdul Aziz, Hassanuddeen Echchabi, Abdelghani |
| author_sort | Sayid Hassan Musse; Hassanuddeen Abdul Aziz;, Osman |
| collection | IIUM |
| description | The purpose of the study is to examine 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 MENA countries. The study uses yearly data spanning from 2005 through 2011 for 15 MENA countries, and applies panel regression analysis based on the pooled data set. The results indicate that neither outstanding deposits nor outstanding loans do have a significant influence on inflation. |
| first_indexed | 2024-03-05T23:15:48Z |
| format | Article |
| id | oai:generic.eprints.org:30286 |
| institution | International Islamic University Malaysia |
| language | English |
| last_indexed | 2024-03-05T23:15:48Z |
| publishDate | 2014 |
| publisher | Inderscience Publishers |
| record_format | dspace |
| spelling | oai:generic.eprints.org:302862015-04-10T04:03:08Z http://irep.iium.edu.my/30286/ The effect of banks' debt creation on price stability: evidence from Middle East and North Africa Sayid Hassan Musse; Hassanuddeen Abdul Aziz;, Osman Abdul Aziz, Hassanuddeen Echchabi, Abdelghani HG1501 Banking HJ8003 Public credit. Debts. Loans. Claims The purpose of the study is to examine 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 MENA countries. The study uses yearly data spanning from 2005 through 2011 for 15 MENA countries, and applies panel regression analysis based on the pooled data set. The results indicate that neither outstanding deposits nor outstanding loans do have a significant influence on inflation. Inderscience Publishers 2014 Article PeerReviewed application/pdf en http://irep.iium.edu.my/30286/1/The_effect_of_banks%E2%80%99_debt.pdf Sayid Hassan Musse; Hassanuddeen Abdul Aziz;, Osman and Abdul Aziz, Hassanuddeen and Echchabi, Abdelghani (2014) The effect of banks' debt creation on price stability: evidence from Middle East and North Africa. Middle East Journal of Management, 1 (3). pp. 224-231. ISSN 2050-3636 |
| spellingShingle | HG1501 Banking HJ8003 Public credit. Debts. Loans. Claims Sayid Hassan Musse; Hassanuddeen Abdul Aziz;, Osman Abdul Aziz, Hassanuddeen Echchabi, Abdelghani The effect of banks' debt creation on price stability: evidence from Middle East and North Africa |
| title | The effect of banks' debt creation on price stability: evidence from Middle East and North Africa |
| title_full | The effect of banks' debt creation on price stability: evidence from Middle East and North Africa |
| title_fullStr | The effect of banks' debt creation on price stability: evidence from Middle East and North Africa |
| title_full_unstemmed | The effect of banks' debt creation on price stability: evidence from Middle East and North Africa |
| title_short | The effect of banks' debt creation on price stability: evidence from Middle East and North Africa |
| title_sort | effect of banks debt creation on price stability evidence from middle east and north africa |
| topic | HG1501 Banking HJ8003 Public credit. Debts. Loans. Claims |
| url | http://irep.iium.edu.my/30286/1/The_effect_of_banks%E2%80%99_debt.pdf |
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