Description

This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent is it a source of concern? What is the role of policy intervention? The paper concludes with a review of recent policy proposals.

More publications in this series: Departmental Papers / Policy Papers

More publications by: Giovanni Dell'Ariccia ; Caio Ferreira ; Nigel Jenkinson ; Luc Laeven ; Alberto Martin ; Camelia Minoiu ; Alex Popov