Public Intervention on the Credit Market: French Case

P. Artus

Working Papers from Caisse des Depots et Consignations - Cahiers de recherche

Abstract: We examine, both from a descriptive and a theoretical point of view, two of the most interesting particular features of the public interventions on the credit market in France: the insurance against default risk provided by a (partly) public agency (called SOFARIS) for the credit distributed to small businesses; the use of tax-exempt saving accounts to finance the loans made to the social (low-income and low-rent) housing sector (to the public or private entities investing in such housing programs, called "HLM").

Keywords: CREDIT; FRANCE; FINANCIAL MARKET; GOVERNMENT (search for similar items in EconPapers)
JEL-codes: G10 G15 G18 (search for similar items in EconPapers)
Pages: 19 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:cadeco:1996-04/e

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