IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Peut-il exister un droit au crédit ?

Listed author(s):
  • Michel Dietsch

[fre] L’exclusion du crédit est fondamentalement, pour la plupart de ceux qui sont dans cette situation, une exclusion de l’accès aux services de liquidité des banques. On montre qu’il existe trois grands fondements économiques de cette exclusion : l’ambiguïté de l’information, la discrimination statistique et le caractère trop rigide des contrats de crédit. On montre aussi, à la lumière de travaux empiriques récents, que la création d’établissements spécialisés n’est pas une solution efficiente du problème de l’exclusion. Il n’existe pas de droit au crédit comme il existe un droit au compte. Cependant, il est possible de réduire l’exclusion par une meilleure utilisation des avantages offerts par la diversification des portefeuilles bancaires. Cela passe aussi notamment par une plus grande flexibilité des formules de crédit. Enfin, l’autorité publique pourrait veiller à la présence dans les portefeuilles des banques de crédits à certaines catégories de demandeurs habituellement exclus. Classification JEL : G21, G28 [eng] Is a right for credit possible ? For people who do not have any access to bank loans, the right of getting a loan is fundamentally a right to get access to liquidity services supplied by banks. This paper shows that there are three economic foundations of the exclusion of this right : the ambiguity of the information, the statistical discrimination, and the rigidity of the loan contracts. We also show that the solution is not to create specialized institutions in these clienteles. The solution is more to take benefit from the advantages of the loans portfolio diversification. It is also necessary to introduce more flexibility in the loans contracts. The regulatory authority could also receive incentives to check the loans portfolios of banks, in order to verify the existence of loans for certain categories of demanders that are ordinarily excluded. JEL Classification : G21, G28

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

File URL:
Download Restriction: no

Article provided by Programme National Persée in its journal Revue d'économie financière.

Volume (Year): 58 (2000)
Issue (Month): 3 ()
Pages: 135-150

in new window

Handle: RePEc:prs:recofi:ecofi_0987-3368_2000_num_58_3_3487
Note: DOI:10.3406/ecofi.2000.3487
Contact details of provider: Web page:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

in new window

  1. Avery, Robert B. & Bostic, Raphael W. & Samolyk, Katherine A., 1998. "The role of personal wealth in small business finance," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 1019-1061, August.
  2. Becker, Gary S., 1971. "The Economics of Discrimination," University of Chicago Press Economics Books, University of Chicago Press, edition 2, number 9780226041162, December.
  3. Berger, Allen N & Udell, Gregory F, 1995. "Relationship Lending and Lines of Credit in Small Firm Finance," The Journal of Business, University of Chicago Press, vol. 68(3), pages 351-381, July.
  4. Mitchell A. Petersen & Raghuram G. Rajan, 1995. "The Effect of Credit Market Competition on Lending Relationships," The Quarterly Journal of Economics, Oxford University Press, vol. 110(2), pages 407-443.
  5. Iftekhar Hasan & William C. Hunter, 1996. "Management efficiency in minority- and women-owned banks," Economic Perspectives, Federal Reserve Bank of Chicago, issue Mar, pages 20-28.
  6. Douglas W. Diamond, 1984. "Financial Intermediation and Delegated Monitoring," Review of Economic Studies, Oxford University Press, vol. 51(3), pages 393-414.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:prs:recofi:ecofi_0987-3368_2000_num_58_3_3487. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.