Mdaghri, Anas Alaoui; Oubdi, Lahsen - In: Journal of central banking theory and practice 11 (2022) 2, pp. 55-76
This study measures liquidity creation within a sample of 153 banks operating in 12 Middle Eastern and North African (MENA) countries from 2008 to 2017. We found that these banks created a total of $461.32 billion in liquidity in 2017, approximately 1.51 times the total liquidity created in...