189 research outputs found
La composition du patrimoine des ménages entre 1997 et 2003.
Entre 1997 et 2003, le patrimoine des mĂ©nages a crĂ» beaucoup plus rapidement que leur revenu du fait de la revalorisation des actifs immobiliers et leur Ă©pargne financiĂšre sâest davantage orientĂ©e vers des placements Ă risque.MĂ©nages, patrimoine financier, patrimoine immobilier, logements et terrains, placements financiers, dĂ©pĂŽts Ă vue, Ă©pargne-logement, livrets dâĂ©pargne, assurance-vie, valeurs mobiliĂšres, inĂ©galitĂ©s de patrimoine, choix de portefeuille, Ă©pargne, actifs risquĂ©s, diversification, comptes financiers, enquĂȘtes Patrimoine.
Sources of pro-cyclicality in east Asian financial systems
Procyclicality is a normal feature of economic systems, but financial sector
weaknesses can exacerbate it sufficiently to pose a threat to macroeconomic and financial
stability. These include shortcomings in bank risk management and governance, in
supervision and in terms of dependence on volatile sources of funds. The paper tests
econometrically for the importance of such features leading to pro-cyclicality in the financial
systems of 11 East Asian countries. This analysis makes it possible to identify specific policy
measures for East Asian countries that could limit the extent to which financial systems
exacerbate pro-cyclicality
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