Bank Credit, Asset Prices and Financial Stability : Evidence From French Banks /
This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and supply factors, both for the whole 1993-2010 period and during periods of financial instability. Using bank-level panel data at a quarterly frequency, stock price growth is shown to h...
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2012.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2012/103 |
Online Zugang: | Full text available on IMF |