Commercial bank seigniorage and the macroeconomy
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DOI: 10.1016/j.irfa.2021.101775
Abstract: Abstract This article focuses on the role of commercial banks as creators of money, and specifically on their rent extraction power in the form of seigniorage. The article examines how the relative size of banks… read more here.
Keywords: seigniorage macroeconomy; seigniorage; bank seigniorage; article ... See more keywords