Le fonctionnement du marché du crédit: diverses analyses dans un cadre de déséquilibre

Patrick Artus

Revue Économique, 1984, vol. 35, issue 4, 591-622

Abstract: [fre] La plupart des modélisations du système monétaire et financier français supposent que les mouvements de taux d'intérêt permettent d'équilibrer l'offre et la demande de crédit et que les émissions de titres des entreprises sont rationnées. On se propose ici de vérifier ces deux hypothèses par diverses méthodes économétriques dont une, basée sur l'agrégation de marchés élémentaires, permet d'introduire une information exogène sur la situation de déséquilibre du marché considéré. [eng] The funtioning of the credit market : several analysis in a disequilibrium context. Patrick Artus. In most of the modelisations of the french monetary and financial System, it is assumed that interest rate movements bring the credit market into equilibrium and that the quantity of bonds firms can issue is rationed. The purpose of this paper is to verify those two assumptions using different econometric methods ; one of them, based on the aggregation of elementary markets, permits the introduction of exogenous information on the degree of disequilibrium on the market under study.

Date: 1984
Note: DOI:10.3406/reco.1984.408796
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://doi.org/10.3406/reco.1984.408796 (text/html)
https://www.persee.fr/doc/reco_0035-2764_1984_num_35_4_408796 (text/html)
Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

Related works:
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:prs:reveco:reco_0035-2764_1984_num_35_4_408796

Access Statistics for this article

Revue Économique is currently edited by Presses de Sciences-Po

More articles in Revue Économique from Programme National Persée
Bibliographic data for series maintained by Equipe PERSEE ().