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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Detalhes bibliográficos
Autor principal: Pouvelle, Cyril
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2012.
Colecção:IMF Working Papers; Working Paper ; No. 2012/103
Acesso em linha:Full text available on IMF