Almeshari, Ali; Mohamed Hisham Yahya; Fakarudin Kamarudin; … - In: Economies : open access journal 11 (2023) 5, pp. 1-26
Both real and monetary shocks have been extensively researched, with conflicting findings on the involvement of the banking sector following the occurrence of these shocks. Nonetheless, liquidity creation (LC) appears to be one of the most underappreciated banking operations. This research...