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Un modèle économétrique des marges bénéficiaires des caisses populaires Desjardins du Québec et des banques à charte canadiennes

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  • Théoret, Raymond

    (Département des sciences administratives, Université du Québec à Montréal)

Abstract

This article proposes a model of the interest rate spread of the "caisses populaires" located in Quebec and of the Canadian chartered banks. There exists very few articles on this subject. It appears that institutional factors are the principal determinants of interest rate spreads of Canadian depositary institutions. Le but de cet article est de proposer un modèle économétrique qui permette d’expliquer la détermination des marges bénéficiaires (revenus nets d’intérêts par 100 $ d’actif) des caisses populaires Desjardins du Québec et des banques à charte canadiennes. Il existe très peu d’articles dans les revues académiques qui abordent ce sujet. Nos recherches ont permis de dégager que ce sont surtout des facteurs institutionnels qui rendent compte de l’évolution des marges bénéficiaires des institutions de dépôt du Canada. Du côté des caisses populaires Desjardins du Québec, les facteurs qui expliquent la forte érosion de leur marge bénéficiaire depuis 1983 sont le gonflement des taux d’intérêt au cours de la période d’analyse et la proportion grandissante des dépôts à terme fixe dans l’ensemble de leurs dépôts. Du côté des banques, l’assainissement du portefeuille international et la croissance marquée des prêts personnels et hypothécaires ont contribué à l’amélioration de leur marge bénéficiaire.

Suggested Citation

  • Théoret, Raymond, 1991. "Un modèle économétrique des marges bénéficiaires des caisses populaires Desjardins du Québec et des banques à charte canadiennes," L'Actualité Economique, Société Canadienne de Science Economique, vol. 67(1), pages 58-79, mars.
    • Handle: RePEc:ris:actuec:v:67:y:1991:i:1:p:58-79
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