Faut-il réglementer distinctement les différentes activités bancaires ?

Michel Dietsch and Joël Petey

Revue d'économie financière, 2011, vol. N° 101, issue 1, 129-146

Abstract: Financial markets play a central role in the financing of banks. Indeed, the evolution in the structure of savings increased the dependency of the banking system upon resources collected from other financial institutions. The 2007/2008 liquidity crisis has underlined the fragility of this setting and the threats of excessive leverage. The current reform of the regulatory framework (Basel III), by seeking to promote the financial system?s stability, imposes new constraints on the transformation function fulfilled by banks. Yet, a bank is an institution which realizes a fragile and complex equilibrium between liquidity production and long term financing of agents who have no alternative to bank financing. This article, after having presented the specificity of production in banking, analyses the potential effects of the ongoing reforms on this equilibrium and the ability of banks to finance the economy. Classification JEL: E51, G21, G28.

JEL-codes: E51 G21 G28 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_101_0129 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2011-1-page-129.htm (text/html)
free

Related works:
Journal Article: Faut-il réglementer distinctement les différentes activités bancaires ? (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_101_0129

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().