Banking and the state

Banks provide not one but two vital services. Bank deposits are the preferred form of safe assets used for transactions, and bank loans allow businesses to undertake risky endeavors. However, this creates a tension in bank business: deposit-holders require safety for bank liabilities to be liquid; w...

Full description

Bibliographic Details
Main Author: Jackson, Timothy
Published: Cardiff University 2018
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.768042