000 | 01179cam a2200169 4500500 | ||
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005 | 20250112031719.0 | ||
041 | _afre | ||
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100 | 1 | 0 |
_aDécamps, Jean-Paul _eauthor |
700 | 1 | 0 |
_a Villeneuve, Stéphane _eauthor |
245 | 0 | 0 | _aHow Far Can Insurance Companies Invest in SMEs Debt Financing? |
260 | _c2017. | ||
500 | _a36 | ||
520 | _aUnder the combined effects of a decline in rates and the political desire to help finance the economy within a regulatory environment that is restrictive for banks, since 2012 the law has authorized insurance companies, under certain conditions, to allocate up to 5% of their clients’ savings to the private loan market and in this way to help finance small and mid-size companies. After describing the features of the financing mechanism with non-bank loans, the goal of this article is to use economic theory to propose a debate on the advantages and disadvantages of such a mechanism. JEL Codes: G11, G14, G22, G28, L25. | ||
786 | 0 | _nRevue d'économie financière | 126 | 2 | 2017-10-06 | p. 231-240 | 0987-3368 | |
856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-d-economie-financiere-2017-2-page-231?lang=en |
999 |
_c156617 _d156617 |