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Developments in money and credit in France in 2008

Author

Listed:
  • Demuynck, J.
  • Montornes, J.

Abstract

Following several years of sustained growth, France’s contribution to the euro area broad monetary aggregate M3 slowed down in 2008. Growth of loans to the private sector, the main source of money creation, moderated in France and the rest of the euro area.

Suggested Citation

  • Demuynck, J. & Montornes, J., 2009. "Developments in money and credit in France in 2008," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 14, pages 5-17, Summer.
  • Handle: RePEc:bfr:quarte:2009:14:01
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    More about this item

    Keywords

    Money; housing loans; business lending.;

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers

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