Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267330 
Year of Publication: 
2022
Series/Report no.: 
CESifo Working Paper No. 10098
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
The possibility of creating a state bank has received much recent attention in the United States. In 2021, six states introduced legislation to create a state bank; in 2019, similar legislation was enacted in California for municipal banks. This paper develops a framework to evaluate state banking, reviews prior experiences with state banking and related alternatives to traditional private banking and identifies five questions determining the advisability of creating a state bank. The overall goal is to shed some light on whether a state bank can be a useful tool to further state economic development and the welfare of state residents.
Subjects: 
state bank
public bank
credit allocation
economic development
JEL: 
G21
G28
H70
Document Type: 
Working Paper
Appears in Collections:

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.