The composition of money creation has large but underappreciated impacts on inflation, asset prices, the distribution of wealth and the effectiveness of monetary policy
Ian D. Gow; Stuart Kells
- Published
- Publisher
- Elsevier BV
- Research area
- Capital & markets
- Source type
- Preprint / posted paper
- DOI
- 10.2139/ssrn.7429941
This is a preprint or other posted paper. Check the original source for its review and publication status.
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Cite this source
Ian D. Gow; Stuart Kells. The composition of money creation has large but underappreciated impacts on inflation, asset prices, the distribution of wealth and the effectiveness of monetary policy. Elsevier BV. 2026. https://doi.org/10.2139/ssrn.7429941