The Reserve Bank, private sector banks and the creation of money and credit

Gillian Lawrence
Additional contact information
Gillian Lawrence: Reserve Bank of New Zealand

Reserve Bank of New Zealand Bulletin, 2008, vol. 71, No 1

Abstract: This article provides an overview of the functions of money, and how money and credit are created in the economy. The roles of the Reserve Bank and private sector banks are illustrated, and we explain the link between money and monetary policy.

Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.rbnz.govt.nz/-/media/ReserveBank/Files/ ... 8mar71-1lawrence.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbbul:march2008:4

Access Statistics for this article

More articles in Reserve Bank of New Zealand Bulletin from Reserve Bank of New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Reserve Bank of New Zealand Knowledge Centre ().