Arbeitspapier
Loanable funds vs money creation in banking: A benchmark result
We establish a benchmark result for the relationship between the loanablefunds and the money-creation approach to banking. In particular, we show that both processes yield the same allocations when there is no uncertainty and thus no bank default. In such cases, using the much simpler loanablefunds approach as a shortcut does not imply any loss of generality.
- Language
-
Englisch
- Bibliographic citation
-
Series: CFS Working Paper Series ; No. 587
- Classification
-
Wirtschaft
General Equilibrium and Disequilibrium: General
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
- Subject
-
money creation
bank deposits
capital regulation
monetary policy
loanable funds
- Event
-
Geistige Schöpfung
- (who)
-
Faure, Salomon A.
Gersbach, Hans
- Event
-
Veröffentlichung
- (who)
-
Goethe University Frankfurt, Center for Financial Studies (CFS)
- (where)
-
Frankfurt a. M.
- (when)
-
2017
- Handle
- URN
-
urn:nbn:de:hebis:30:3-437360
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Faure, Salomon A.
- Gersbach, Hans
- Goethe University Frankfurt, Center for Financial Studies (CFS)
Time of origin
- 2017
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