Revue d'économie financière

Founded in 1987, the Revue d’économie financière (REF) publishes four issues a year.

 Its goals are:

- to be an instrument of dialogue between academics, researchers, and banking and finance professionals, and

- to contribute to spurring the discussion and studies essential for the cohesion of the financial and banking profession.

The REF takes up all topics that are relevant to financial economics in a broad sense: banking economics, corporate finance, market finance, financial history, monetary policy, and international finance.

 Issues of the REF are comprised of one or more subjects containing several articles and the heading “Various articles.”

Subjects that cover several articles are piloted by two people chosen by the editorial board for their expertise on the chosen topic. These two people devise the content of this section, contact authors, and oversee the scientific quality of the articles published.

Under the heading “Various articles” are published articles that have not been solicited and that have been accepted for publication. They must follow the editorial line of the review and respect commonly accepted scientific standards. Submissions are subject to double-blind peer reviews. Referees are selected by the review’s editors according to the subjects in question. The editors see to it that submissions are dealt with as quickly as possible and inform the authors about the process.

The world of finance is now largely international.  For this reason, the Révue d’économie financière makes a special effort to take up international topics and to encourage the growing participation of foreign authors. In the same way, whenever the topic lends itself to doing so, an English-language edition is published.

The Revue d’économie financière is present on the Persée portal, which is specialized in electronically publishing scientific reviews: go to REF on Persée.

Beginning in 2011, REF issues can be found on the human and social science portal cairn.info: go to REF on cairn.info.

40 Years of Financial Liberalization

REF 137 - 40 Years of Financial Liberalization

For the financial sector, the late 1970s and early 1980s represented a period of important change. Financial deregulation, which began in the United States and the United Kingdom and then spread to most other economies, did away with many regulations that had placed limits on the financial system. These reforms aimed to increase the proportion of market-based financing and promised to better allocate savings in order to promote growth. This issue of the Review proposes, forty years later, to assess this liberalization. The first two sections are devoted to the differing reasons behind this movement...

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