Do sterilized foreign exchange interventions create money?

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Public Policy, Economics, International Finance +5

Money Creation in the Modern Economy

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Monetary Policy, Economics, International Finance +12

Can banks individually create money out of nothing? — The theories and the empirical evidence

Richard A. Werner · International Review of Financial Analysis · 2014 · 343 citations · Full text

Commercial banks as creators of "money"

James Tobin · RePEc: Research Papers in Economics · 1964 · 287 citations

Monetary Policy, Fintech, Commercial Banks +4

A lost century in economics: Three theories of banking and the conclusive evidence

Richard A. Werner · International Review of Financial Analysis · 2015 · 267 citations · Full text