Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries

This study aims at investigating 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 Gulf Cooperation Council (GCC) countries. The study uses yearly data spanning from 2008 throu...

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Main Authors: Musse, Osman Sayid Hassan, Echchabi, Abdelghani, Abd Aziz, Hassanuddeen
Format: Article
Language:English
Published: Science Publications 2015
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Online Access:http://irep.iium.edu.my/49435/1/ajebasp.2015.101.105.pdf
http://irep.iium.edu.my/49435/
http://thescipub.com/PDF/ajebasp.2015.101.105.pdf
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spelling my.iium.irep.494352018-01-04T03:17:53Z http://irep.iium.edu.my/49435/ Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries Musse, Osman Sayid Hassan Echchabi, Abdelghani Abd Aziz, Hassanuddeen HG1501 Banking This study aims at investigating 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 Gulf Cooperation Council (GCC) countries. The study uses yearly data spanning from 2008 through 2013 for Qatar, Kuwait, Oman, Saudi Arabia and United Arab Emirates and applies panel regression analysis based on the pooled data set. The results indicate that neither outstanding deposits nor outstanding loans have a significant influence on general price levels. Science Publications 2015 Article REM application/pdf en http://irep.iium.edu.my/49435/1/ajebasp.2015.101.105.pdf Musse, Osman Sayid Hassan and Echchabi, Abdelghani and Abd Aziz, Hassanuddeen (2015) Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries. The American Journal of Economics and Business Administration, 7 (3). pp. 101-105. ISSN 1945-5488 http://thescipub.com/PDF/ajebasp.2015.101.105.pdf 10.3844/ajebasp.2015.101.105
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HG1501 Banking
spellingShingle HG1501 Banking
Musse, Osman Sayid Hassan
Echchabi, Abdelghani
Abd Aziz, Hassanuddeen
Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries
description This study aims at investigating 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 Gulf Cooperation Council (GCC) countries. The study uses yearly data spanning from 2008 through 2013 for Qatar, Kuwait, Oman, Saudi Arabia and United Arab Emirates and applies panel regression analysis based on the pooled data set. The results indicate that neither outstanding deposits nor outstanding loans have a significant influence on general price levels.
format Article
author Musse, Osman Sayid Hassan
Echchabi, Abdelghani
Abd Aziz, Hassanuddeen
author_facet Musse, Osman Sayid Hassan
Echchabi, Abdelghani
Abd Aziz, Hassanuddeen
author_sort Musse, Osman Sayid Hassan
title Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries
title_short Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries
title_full Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries
title_fullStr Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries
title_full_unstemmed Fractional reserve banking and price stability: Evidence from Gulf Cooperation Council (GCC) countries
title_sort fractional reserve banking and price stability: evidence from gulf cooperation council (gcc) countries
publisher Science Publications
publishDate 2015
url http://irep.iium.edu.my/49435/1/ajebasp.2015.101.105.pdf
http://irep.iium.edu.my/49435/
http://thescipub.com/PDF/ajebasp.2015.101.105.pdf
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score 13.149126