[fre] Cet article propose un modèle de croissance endogène dans lequel on intro­duit des intermédiaires financiers en concurrence imparfaite et une rémunération du capital soumise à un choc macroéconomique. Les anticipations rationnelles des ménages sur le risque de faillites bancaires...

[fre] Abstracts. GROWTH AND PUBLIC CAPITAL IN "DEBT-OBERHANG" ECONOMIES. bruno amable, jean-bernard chatelain. The consequences of a possible credit rationing are considered in an endogenous growth model. When the financial constraint is binding, the rate of growth is determined by the rate of...

[eng] This paper presents a model of endogenous growth with an imperfectly com­petitive financial intermediation sector. A concentrated banking sector implies a higher level of intermediation margin, which exerts a depressive influence on savings and investment. This prediction alone would...

[eng] Financial systems and growth : the effects of 'short-termism. . This article compares two types of financial systems in the framework of an innovation-based endogenous growth model. In one case, the financial system is represented by a very large numer of small lenders. In another case,...

[eng] Investment and consolidation of firms financial structure.. . This paper stresses the difference between an external finance rationing regime caracterized by a maximal debt/capital ratio and a « consolidation » regime where a debt/capital ratio fall is preferred to investment. This last...