ListarInvestigación y Desarrollo por tema "business cycle"
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Article
THE CENTRAL BANKING SYSTEM PARADOX (2024)
(Centre of Sociological Research, 2023)The conventions of monetary theory assume the central banking system (CBS) as the starting point for achieving the stability and efficiency of the financial system. This paper stresses the stability-efficiency thesis based ... -
Article
The Ethics of Fractional-Reserve Banking System: A Private Property Rights Approach (2024)
(Multidisciplinary Digital Publishing Institute (MDPI), 2023)It is generally stated that the fractional-reserve banking system (FRBS) is consistent with sustainable economic growth and development. While it assumes that depositors will not be a joint demand who will claim all their ...