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Faculty of Economics

Banks Do Not Create Money Out Of Thin Air 

In recent years, some have claimed that banks create money ‘ex nihilo’. In the most read column this month for VoXEU "Banks Do Not Create Money Out Of Thin Air", Dr. Pontus Rendahl and (PhD Student) Lukas B. Freund explain that banks do not create money out of thin air, that there are no magic money trees.

Published on - Tuesday 7th January 2020

Tags:

Banks

Banking

Monetary



Anil Ari "Sovereign Risk and Bank Risk-Taking" 

Former PhD student Anil Ari (currently at International Monetary Fund) will present his paper "Sovereign Risk and Bank Risk-Taking" at the NBER International Finance and Macroeconomic Meeting, in Cambridge MA, March 8th-9th 2018.

Published on - Monday 5th March 2018

Tags:

Sovereign Risk

Banks

Risks




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