TY - THES A3 - Horra Ruiz, Luis Pablo de la AU - Hubble Villoslada, Alejo PY - 2025 UR - https://uvadoc.uva.es/handle/10324/77491 AB - This paper develops a parsimonious model of bank behavior under a free banking regime, where the issuance of inside money is not centrally managed but instead governed by market forces. Building on a partial equilibrium framework influenced by Selgins... LA - spa KW - Free banking KW - Liquidity constraints KW - Profit maximization KW - Monetary equilibrium TI - Beyond the central bank: a formal approach to free banking theory M3 - info:eu-repo/semantics/bachelorThesis ER -