Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/154490 
Year of Publication: 
2005
Series/Report no.: 
ECB Occasional Paper No. 37
Publisher: 
European Central Bank (ECB), Frankfurt a. M.
Abstract: 
For central banks, the monitoring of financing conditions plays a pivotal role in assessing the actual transmission of monetary policy impulses to borrowers. This paper presents in detail some of the indicators and data used by the ECB to assess financing conditions in the euro area. It also shows how these indicators have been used to provide a broad assessment of developments in financing conditions in the euro area in recent years. The ECB’s analysis of financing conditions is dynamic and seeks to reflect underlying changes in the euro area’s financial structure.
Document Type: 
Research Report

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