National Financial Accounts in 2008: a further rise in non-financial sector debt
Autor: | Sédillot, F. |
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Rok vydání: | 2009 |
Předmět: |
National financial accounts
provisional financial account non-financial agents households non-financial corporations general government insurance corporations and mutual funds credit institutions non-residents financing and investment debt deposits interbank refi nancing debt securities loans equities mutual fund shares life insurance Treasury bills bonds housing savings schemes (PELs) euro-denominated/unit-linked policies jel:G00 |
Zdroj: | Quarterly selection of articles - bulletin de la Banque de France. :49-57 |
Popis: | In 2008, the economic downturn and financial pressures significantly impacted the borrowing and investment behaviour of non-financial agents. Households favoured liquid and low-risk savings instruments. Households and fi rms reduced bank borrowings but their debt ratios rose further. |
Databáze: | OpenAIRE |
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