Consumer credit in Europe: risks and opportunities of a dynamic industry

Consumer credit has become a topical issue for researchers, regulators and the banking industry in Europe as a result of increasing market integration, regulatory changes and a growing tendency of households to use debt to finance consumption. This study uses a cross-country approach to look at a broad range of issues related to consumer credit in Europe. Focusing on both the supply anddemand sides, it takes into account the structure and performance of financial intermediaries, the socio-demographic and economic profile of households andtheir risk of over-indebtedness, as well as the regulatory framework, such asthe new Consumer Credit Directive. In the light of this analysis, measures for the prevention and management of over-indebtedness are presented. This book is essential for postgraduate students and specialists in financial institutions, for regulators and policy-makers who are in charge of efficiency and stability of financial systems. INDICE: Introduction.- 1 The Determinants of Consumer Credit: A LiteratureReview.- 2 Household Consumer Credit Demand.- 3 The Profitability of the Consumer Credit Industry.- 4 Over-Indebtedness.- 5 The Regulatory Framework.- Conclusions.

• ISBN: 978-3-7908-2100-0
• Editorial: Physica
• Encuadernacion: Cartoné
• Páginas: 180
• Fecha Publicación: 01/03/2009
• Nº Volúmenes: 1
• Idioma: Inglés