Money creation and destruction

Research English OPEN
Faure, Salomon; Gersbach, Hans;
(2016)
  • Publisher: Frankfurt a. M.: Goethe University, Center for Financial Studies (CFS)
  • Subject: E40 | E50 | bank deposits | capital regulation | G21 | money creation | monetary policy | E4 | E5 | zero lower bound | D50 | price rigidities
    • jel: jel:G21 | jel:D50 | jel:E4 | jel:E5
      ddc: ddc:330

We study money creation and destruction in today’s monetary architecture and examine the impact of monetary policy and capital regulation in a general equilibrium setting. There are two types of money created and destructed: bank deposits, when banks grant loans to firm... View more
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