IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-05585-2_7.html
   My bibliography  Save this book chapter

Government Intervention in the French Financial System

In: Competition and Regulation in Financial Markets

Author

Listed:
  • Florin Aftalion
  • Alain Siaens

Abstract

The main reason for the existence of financial systems is intermediation between savers and investors. Financial intermediaries channel funds from economic units which are ready to lend to other units which would like to borrow. Assessments about how well intermediation is achieved are made in general on the basis of allocation efficiency (how well the system matches lenders and borrowers; there should be nobody ready to lend at rates below the market rate or ready to borrow at rates above the market rate) and cost efficiency (which is the amount of funds diverted from lenders and borrowers for the functioning of the system).

Suggested Citation

  • Florin Aftalion & Alain Siaens, 1981. "Government Intervention in the French Financial System," Palgrave Macmillan Books, in: Albert Verheirstraeten (ed.), Competition and Regulation in Financial Markets, chapter 7, pages 157-174, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-05585-2_7
    DOI: 10.1007/978-1-349-05585-2_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:palchp:978-1-349-05585-2_7. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.