[eng] Trade credit and credit risk measures . The aim of this study is to derive different measures of the credit risk, from the observation of accounts receivable, account payable and trade credit during the 1990-1994 period. The trade credit risk has grown with the slowing down of the economy,...

[fre] Cette étude évalue le montant des fonds propres des sociétés non cotées dans cinq grands pays européens : l’Allemagne, l’Espagne, la France, l’Italie et le Royaume-Uni. Elle contribue ainsi à une meilleure connaissance de la valeur des patrimoines des ménages détenus sous...

[eng] Is a right for credit possible ? . For people who do not have any access to bank loans, the right of getting a loan is fundamentally a right to get access to liquidity services supplied by banks. This paper shows that there are three economic foundations of the exclusion of this right :...

[eng] From Basel II to Basel III : challenges and issues of Basel capital reform . The Cooke ratio reform became essential to stop the arbitrage phenomenon and its destabilizing effects on the banking system. The author explains the foundations of the Basel capital reform. The Basel committee...