Showing 1 - 10 of 324
taux d’intérêt zéro associée avec des politiques d’assouplissement quantitatif et/ou de crédit pour sortir de (ou éviter …
Persistent link: https://www.econbiz.de/10008508372
This article puts forward a framework based primarily on probabilistic tools to analyse the nature of housing loan cycles in France. The continued high growth rate of housing loans may indeed raise concerns as to the duration and determinants of the cycle which currently prevails. The results...
Persistent link: https://www.econbiz.de/10004998836
L'objectif de ce papier est de démontrer les relations complémentaires entre les banques officielles (les banques) et les institutions de microfinance (les microbanques) dans un modèle flux-stock initialement proposé par Godley et Lavoie. Nous montrons que les banques officielles accommodent...
Persistent link: https://www.econbiz.de/10005458777
Cet article fournit un point de vue opposé au consensus d’« une macroéconomie sans LM ». Elle montre que, lorsque la politique monétaire est spécifiée en termes de règle du taux d’intérêt et la banque centrale ne contrôle pas directement les taux d’intérêt affectant la demande...
Persistent link: https://www.econbiz.de/10008852670
This study attempts to distinguish, in the impact on credit in France, between the effects of stock market shocks … positive credit gap but it was not entirely offset in 2004. …
Persistent link: https://www.econbiz.de/10005056510
prices, and the extension of the quantitative equation of money to transactions on assets does not stabilize the money …
Persistent link: https://www.econbiz.de/10005056539
Persistent link: https://www.econbiz.de/10003123528
impact of these shocks on households, it uses cross-sectional data to estimate credit-growth equations, and it determines … household credit growth based on income, interest rates, and housing prices. To illustrate the usefulness of his approach, the …
Persistent link: https://www.econbiz.de/10010279859
impact of these shocks on households, it uses cross-sectional data to estimate credit-growth equations, and it determines … household credit growth based on income, interest rates, and housing prices. To illustrate the usefulness of his approach, the …
Persistent link: https://www.econbiz.de/10003852899
'hypothèses de départ permet de faire apparaître différentes configurations de rationnement du crédit. A cette fin, nous pratiquons …-technical way how the gradual loosening of the initial set of assumptions allows different configurations of credit rationing to …, including in inter-bank markets. Moreover, the asymmetry of information relating to inter-bank credit is reinforced in the case …
Persistent link: https://www.econbiz.de/10012840358