Money and banking in Europe, 1700-1850 : the formation of new financial systems -- Banking regulation and provincial banks in Spain -- The bourgeoisie and provincial banking : social origins of the new banking elite -- Banks of the issue as private companies : earnings and assets -- Provincial...

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...