IDEAS home Printed from https://ideas.repec.org/a/cai/refaef/ecofi_108_0169.html
   My bibliography  Save this article

Investissement à long terme : enjeux pour la croissance, la stabilité monétaire et financière

Author

Listed:
  • Pierre Jaillet

Abstract

While risk aversion remains at very high levels in the throes of the crisis, the need for long-term investment has perhaps never been so urgent. Advanced economies, in particular, must resolve this dilemma in order to return to their pre-crisis growth path and revert to sustainable public debt trajectories. But long-term investors have become a rare species and there are a number of factors ? economic, regulatory and fiscal ? that are not particularly incentivising. These investors have also lost their marks as the hierarchy of risk seems to be less stable ; asset managers and other financial intermediaries only partially meet their requirements. Long-term investment is seen to be a positive factor for financial and monetary stability and this stability itself contributes to creating a favourable environment. Classification JEL: E44, G11.

Suggested Citation

  • Pierre Jaillet, 2012. "Investissement à long terme : enjeux pour la croissance, la stabilité monétaire et financière," Revue d'économie financière, Association d'économie financière, vol. 0(4), pages 169-188.
    • Handle: RePEc:cai:refaef:ecofi_108_0169
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_108_0169
    Download Restriction: free
    File URL: http://www.cairn.info/revue-d-economie-financiere-2012-4-page-169.htm
    Download Restriction: free
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Laure-Anne Parpaleix & Blanche Segrestin, 2019. "Firms with a mission as a vector of the long term," Post-Print hal-03030229, HAL.

    More about this item

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

    Statistics

    Access and download statistics

    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:cai:refaef:ecofi_108_0169. 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: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-d-economie-financiere.htm .

    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.