Article ID Journal Published Year Pages File Type
7342984 Cuadernos de Economía 2014 6 Pages PDF
Abstract
In this paper, the hypothetical role of the electronic money in the overall money supply using the money multiplier is analyzed. Assuming a replacement or purchase of traditional cash or deposits by electronic money, and considering two types of electronic money, electronic money deposits and electronic cash, and different forms of issuance as regards the requirement of different reserve ratios for the electronic money issued, the purpose is to analyze the influence of the issuance of electronic money on the system of money creation by commercial banks and central banks.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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