Managing the Sovereign-Bank Nexus
Mr.Giovanni Dell'Ariccia · Caio Ferreira · Nigel Jenkinson · Mr.Luc Laeven · Alberto Martin · Ms.Camelia Minoiu · Alex Popov
Sep 2018 · International Monetary Fund
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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.
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