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...

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Main Authors:	Sayid Hassan Musse; Hassanuddeen Abdul Aziz;, Osman, Abdul Aziz, Hassanuddeen, Echchabi, Abdelghani
Format:	Article
Language:	English
Published:	Inderscience Publishers 2014
Subjects:	HG1501 Banking HJ8003 Public credit. Debts. Loans. Claims
Online Access:	http://irep.iium.edu.my/30286/ http://irep.iium.edu.my/30286/1/The_effect_of_banks%E2%80%99_debt.pdf

id	iium-30286
recordtype	eprints
spelling	iium-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
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG1501 Banking HJ8003 Public credit. Debts. Loans. Claims
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
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.
format	Article
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
title	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_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_sort	effect of banks' debt creation on price stability: evidence from middle east and north africa
publisher	Inderscience Publishers
publishDate	2014
url	http://irep.iium.edu.my/30286/ http://irep.iium.edu.my/30286/1/The_effect_of_banks%E2%80%99_debt.pdf
first_indexed	2023-09-18T20:44:26Z
last_indexed	2023-09-18T20:44:26Z
_version_	1777409580598296576

The effect of banks' debt creation on price stability: evidence from Middle East and North Africa

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