Bertay, Ata Can; Bruinshoofd, W. Allard; de Haan, Jakob; … - SUERF - The European Money and Finance Forum
Banks play a central role in the functioning of the economy. Not only do they allocate financial resources, they also collectively create money in the process of granting loans. In this way, they have a considerable impact on the type of activities that are financed in society. During the...
