L'abolizione dei tassi minimi ufficiali sui prestiti bancari in Francia. (The abolition of official minimum loan rates in French banking)
In 1965 the French authorities introduced the first of a series of reforms to the structure and operations of the French banking system, one of which was the abolition of the official minimum loan rate on discounts and advances. The elimination of the floor rate on bank loans has been widely acclaim...
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| Format: | Article |
| Language: | Italian |
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Associazione Economia civile
2014-08-01
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| Series: | Moneta e Credito |
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| Online Access: | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12511 |
| _version_ | 1828042817639809024 |
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| author | D.A. ALHADEFF |
| author_facet | D.A. ALHADEFF |
| author_sort | D.A. ALHADEFF |
| collection | DOAJ |
| description | In 1965 the French authorities introduced the first of a series of reforms to the structure and operations of the French banking system, one of which was the abolition of the official minimum loan rate on discounts and advances. The elimination of the floor rate on bank loans has been widely acclaimed as a major move towards greater competition in French banking. The present paper evaluates the probable market impact of this reform. To this end, both the market structure and market behaviour of French short-term business loan markets are examined. The author first analyses the market structure of loan markets in France both before and after two recent major reforms of the banking structure. Market behavior under the minimum loan rate is then examined and the relation of minimum loan rates to actual loan rates, to competitive loan rates, and tot he rates that probably would have prevailed if there had been no official loan rate controls is shown.
JEL: G21, G28
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| first_indexed | 2024-04-10T17:35:52Z |
| format | Article |
| id | doaj.art-9f28146642a34889b2eeefac74e3da6a |
| institution | Directory Open Access Journal |
| issn | 2037-3651 |
| language | Italian |
| last_indexed | 2024-04-10T17:35:52Z |
| publishDate | 2014-08-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | Moneta e Credito |
| spelling | doaj.art-9f28146642a34889b2eeefac74e3da6a2023-02-03T16:38:33ZitaAssociazione Economia civileMoneta e Credito2037-36512014-08-01218310.13133/2037-3651/12511L'abolizione dei tassi minimi ufficiali sui prestiti bancari in Francia. (The abolition of official minimum loan rates in French banking)D.A. ALHADEFFIn 1965 the French authorities introduced the first of a series of reforms to the structure and operations of the French banking system, one of which was the abolition of the official minimum loan rate on discounts and advances. The elimination of the floor rate on bank loans has been widely acclaimed as a major move towards greater competition in French banking. The present paper evaluates the probable market impact of this reform. To this end, both the market structure and market behaviour of French short-term business loan markets are examined. The author first analyses the market structure of loan markets in France both before and after two recent major reforms of the banking structure. Market behavior under the minimum loan rate is then examined and the relation of minimum loan rates to actual loan rates, to competitive loan rates, and tot he rates that probably would have prevailed if there had been no official loan rate controls is shown. JEL: G21, G28 https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12511French banking systemminimum loan ratepolicyreformcompetition |
| spellingShingle | D.A. ALHADEFF L'abolizione dei tassi minimi ufficiali sui prestiti bancari in Francia. (The abolition of official minimum loan rates in French banking) Moneta e Credito French banking system minimum loan rate policy reform competition |
| title | L'abolizione dei tassi minimi ufficiali sui prestiti bancari in Francia. (The abolition of official minimum loan rates in French banking) |
| title_full | L'abolizione dei tassi minimi ufficiali sui prestiti bancari in Francia. (The abolition of official minimum loan rates in French banking) |
| title_fullStr | L'abolizione dei tassi minimi ufficiali sui prestiti bancari in Francia. (The abolition of official minimum loan rates in French banking) |
| title_full_unstemmed | L'abolizione dei tassi minimi ufficiali sui prestiti bancari in Francia. (The abolition of official minimum loan rates in French banking) |
| title_short | L'abolizione dei tassi minimi ufficiali sui prestiti bancari in Francia. (The abolition of official minimum loan rates in French banking) |
| title_sort | l abolizione dei tassi minimi ufficiali sui prestiti bancari in francia the abolition of official minimum loan rates in french banking |
| topic | French banking system minimum loan rate policy reform competition |
| url | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12511 |
| work_keys_str_mv | AT daalhadeff labolizionedeitassiminimiufficialisuiprestitibancariinfranciatheabolitionofofficialminimumloanratesinfrenchbanking |