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Can banks 'create' money on their own or do they need help from other banks?

So far's I know, only the central bank of a given country can legally create currency out of thin air, so unless said bank is the national central bank, the answers no!
Aristocratic Jack's user avatar
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What is the rationale behind randomly denying clients for loans

In general, there are two reasons why someone's loan application is denied, income and credit score. Credit has become the default metric for measuring trustworthiness in terms of finances. A good ...
Aristocratic Jack's user avatar
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How to measure Tobin's q?

You might refer to an article written by Perfect and Wiles (1994). They present five different measures of Q-ratio. The complete citation is: Steven B. Perfect, Kenneth W. Wiles, 1994. Alternative ...
user48021's user avatar
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What is the rationale behind randomly denying clients for loans

The situation described here is one of credit rationing. An explanation for this phenomenon was provided by Stiglitz and Weiss in their famous 1981 AER paper. The short answer is that adverse ...
VARulle's user avatar
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