State, banks and liquidity

Roberto Ruozi

Banca Impresa Società, 2012, issue 1, 11-24

Abstract: State intervention has always been fundamental to the banking business and today more so than ever. Not only has the State allowed banks to overcome the 2007-2009 crisis, but it has also solved their liquidity crisis that erupted in late 2011. This latest crisis - also associated to the problems of sovereign debt - has prevented banks from returning the historic favour whereby they frequently helped facilitate the State's liquidity management.

Keywords: State, banks, liquidity. JEL classification: G21; G28. (search for similar items in EconPapers)
Date: 2012
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