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902 results matching your search
Date	Type	Description
221 30/09/2014	Article	REF 115 The housing markets and their financing Housing Financing in France and the Financial Crisis Free access Jérôme COFFINET Jérémi MONTORNÈS This paper analyzes the main changes in the housing financing in France during the period 2003-2013. Relying mostly on the data made available at the Banque de France, it recalls… JEL classification : E32 E44 G01 G21 R21
222 30/09/2014	Article	REF 115 The housing markets and their financing Fair Value Accounting and Model Price: An International Comparison of the Banks’ Trading Portfolios Structure and of their Risk/Return Ratio Free access Laurent CLERC Didier MARTEAU At the onset of the financial crisis in 2007, “fair value” accounting came under fire for its pro-cyclical effects. Seven years on, fair value remains the sole method of… JEL classification : G15 G21 G28 M48
223 30/09/2014	Article	REF 115 The housing markets and their financing Housing Markets and Macroprudential Policies in Europe Free access Olivier de BANDT Dominique DURANT Recently, real estate and notably housing markets have been found as the preferred area for testing the potentials of macroprudential policies. After an analysis of international… JEL classification : G21 G22 G28
224 30/09/2014	Article	REF 115 The housing markets and their financing Housing, Credit and Macroprudential Supervision Free access Sanvi AVOUYI-DOVI Claire LABONNE Rémy LECAT Advanced countries now benefit from a macroprudential institutional framework. This article presents available monitoring tools for the analysis of the housing market as well as… JEL classification : G21 G28 R31 R51
225 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Understanding the SMEs Financing Gap to Enhance their Growth Free access Michel DIETSCH Xavier MAHIEUX Many questions have found no answer yet regarding SMEs financing. Actually SMEs present specific features giving rise to real constraints and leading to a financial gap. These… JEL classification : G21 G23 G28 G32 L25
226 30/06/2014	Article	REF 114 Financing SMEs Competitiveness French SMEs: Fragile and Essential Free access Jean-Marc PILLU Yves ZLOTOWSKI SMEs of critical size (between 10 and 150 employees) are key to the French growth dynamic. They represent more than one third of total value added and employment. It turns out… JEL classification : G01 G21 G31 G32 G33 L25
227 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Alternext: A Market with Mixed Results Free access Emmanuel BOUTRON Philippe DESSERTINE Béatrice de SÉVERAC Alternext was set up in 2005 and was intended to help small and medium enterprises (SMEs) finance their development. Using a sample of SMEs that went public on Alternext during… JEL classification : G10 G23 G32 L25
228 30/06/2014	Article	REF 114 Financing SMEs Competitiveness The Impact of Basel III on the SMEs Financing: The Moment of Truth is Approaching Free access Jean-François PONS Benjamin QUATRE As soon as the first version of the Basel III’s agreements was published in December 2010, the French Banking Federation brought to the attention of the authorities the multiple… JEL classification : G21 G28 L25
229 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Financing SMEs in France: Another Paper! Free access Jean-Paul BETBÈZE How can we understand what is going on in the way SMEs are financed in Europe and more precisely in France? Polls tell us that everything works smoothly, but those polls are made… JEL classification : G21 G23 G28 L25
230 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Slowdown in SMEs Bank Financing in France Free access Élisabeth KREMP Claude PIOT Within the context of the financial crisis followed by the European sovereign debt crisis, outstanding loans to non-financial companies in the euro area have been on a downward… JEL classification : G01 G21 G31 G32 L25
231 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Is the Alternative Investment Market a Model for Financing Small and Medium Capitalizations? Free access Valérie REVEST Alessandro SAPIO The Alternative Investment Market (AIM), a stock market dedicated to small and medium capitalizations, has been created in 1995 by the London Stock Exchange (LSE). The AIM is… JEL classification : G10 G23 G32 L25 M13
232 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Financing SMEs: Needed Innovations Are Emerging Free access Jocelyne BENDRISS Bertrand LAVAYSSIÈRE Mark TILDEN Governments and banks have been arguing for years on SMEs financing. SMEs in Europe are at the heart of the economy and are mainly financed by banks. The numerous regulatory… JEL classification : G21 G23 G28 L25
233 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Financing SMEs towards Competitiveness Free access Nicolas DUFOURCQ As France and most European economies experience an indecisive recover early in 2014, questions arise about what will pull tomorrow’s growth. More than ever, competitiveness,… JEL classification : G21 G24 G28 G31 G32 L25
234 30/06/2014	Article	REF 114 Financing SMEs Competitiveness The French Corporate Bond Market: A Leverage for SMEs? Free access Emmanuel BOUTRON Philippe DESSERTINE Béatrice de SÉVERAC The 2008 financial crisis and hardened regulatory requirements have resulted in a more restrictive credit offering to small and middle-size enterprises (SMEs). To finance their… JEL classification : G10 G23 G32 L25
235 30/06/2014	Article	REF 114 Financing SMEs Competitiveness “Is the Proof of the Pudding in the Eating?” – Comparison between Alternative Investment Market and Alternext Free access Paul LAGNEAU-YMONET Amir REZAEE Angelo RIVA As a stock exchange dedicated to small and medium enterprises (SMEs), the success of the Alternative Investment Market (AIM) has established this segment of the London Stock… JEL classification : G10 G23 G28 G32 L25 M10
236 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Rediscovering the Virtues of Consortium Banks: The Corporate Fund Association Project Free access Sylvain de FORGES Philippe ROCA As the liquidity crisis reached its fever pitch in 2009, twenty-four large corporations from seven countries actively worked on a consortium bank project – particularly efficient… JEL classification : G21 L25
237 30/06/2014	Article	REF 114 Financing SMEs Competitiveness The Financing and the Investment Dynamics of French SMEs Free access Jean BOISSINOT Guillaume FERRERO Despite a decrease of the profitability of some firms (especially industrial firms), French SMEs have maintained a relatively high investment rate over the last fifteen years… JEL classification : G01 G21 G31 G32 L25
238 30/06/2014	Article	REF 114 Financing SMEs Competitiveness The Bonds Offerings of German SMEs: Between Mittelstand and Junk Bonds Free access Joël PETEY This article is motivated by the strong increase of the bonds offerings of small and medium (SME) German firms observed between 2008 and 2012. These bonds are in particular… JEL classification : G10 G23 G32 L25
239 30/06/2014	Article	REF 114 Financing SMEs Competitiveness Financial Markets Regulation and Financing of the Real Economy Free access Karl-Peter SCHACKMANN-FALLIS Mirko WEISS The debt capital of real economy enterprises in Germany is provided to a large extent by the banking system via credits, in particular to SMEs. This predominance of the bank-based… JEL classification : G10 G21 G28 L25
240 30/06/2014	Article	REF 114 Financing SMEs Competitiveness The EIB Group and the Financing of SMEs in Europe after the Crisis Free access Philippe FONTAINE VIVE Since the late sixties the European Investment Bank (EIB) has been involved in financing SMEs in Europe, through bank intermediation. This policy has been extensively deployed… JEL classification : G21 G24 L25