IDEAS home Printed from https://ideas.repec.org/a/prs/recofi/ecofi_0987-3368_1988_num_5_2_4658.html
   My bibliography  Save this article

Développement du crédit à la consommation et économie réelle

Author

Listed:
  • Jacques Pecha
  • Pierre Sicsic

Abstract

[eng] Consumer credit development and real economy . The amplitude of the recent rise in consumption loans renders the evaluation of their impact on household crucial. Accelerations of credit outstanding had already been observed. But a rise of such a magnitude in the variations, which are the net additionnal household resources, has never occured. The chronology of specific credit ceiling tends to show that, up until now, households have been constrained in their demand for loans. Therefore they have borrowed as much as banks have been disposed, to lend. Thus, households which have seen their resources grow more rapidly than their income, have increased their consumption. This fact has resulted in a lowering in the saving ratio. The slow down in the credit outstanding, observed in 1987, provoked a narro- [fre] L'ampleur du développement récent des crédits à la consommation rend cruciale l'évaluation de leur impact sur la consommation des ménages. Des accélérations de l'encours de crédits ont déjà été observées dans le passé. Mais jamais leurs variations, qui constituent les ressources nettes supplémentaires des ménages, n'ont atteint un tel niveau. La chronologie des mesures d'encadrement spécifiques tend à montrer que les ménages ont jusqu'à présent été contraints sur leur demande de crédits, et qu'ils se sont donc endettés à hauteur de ce que les banques étaient disposées à leur prêter. Voyant leurs ressources accrues par rapport à leur seul revenu les ménages ont ainsi augmenté leur consommation, ce qui s'est traduit par une baisse du taux d'épargne. Le ralentissement observé en 1987 sur l'encours de crédits a provoqué un rétrécissement de l'écart entre la croissance du revenu et la croissance de l'ensemble des ressources (revenu et variations des crédits à la consommation).

Suggested Citation

  • Jacques Pecha & Pierre Sicsic, 1988. "Développement du crédit à la consommation et économie réelle," Revue d'Économie Financière, Programme National Persée, vol. 5(2), pages 212-223.
  • Handle: RePEc:prs:recofi:ecofi_0987-3368_1988_num_5_2_4658
    DOI: 10.3406/ecofi.1988.4658
    Note: DOI:10.3406/ecofi.1988.4658
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/ecofi.1988.4658
    Download Restriction: no

    File URL: https://www.persee.fr/doc/ecofi_0987-3368_1988_num_5_2_4658
    Download Restriction: no

    File URL: https://libkey.io/10.3406/ecofi.1988.4658?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Patrick Artus & Florence Legros & Éric Bleuze & Jean-Paul Nicolaï, 1991. "Épargne des ménages, choix de portefeuille et fiscalité en France," Revue Économique, Programme National Persée, vol. 42(4), pages 663-700.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:recofi:ecofi_0987-3368_1988_num_5_2_4658. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/ecofi .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.