This occasional paper explains why the bank lending survey was developed by the ECB and describes its main features. It … discusses the importance of credit developments for both the economy and the functioning of monetary policy, and further … clarifies why the survey was introduced. Furthermore, the paper demonstrates that the value added of implementing a bank lending …

simulation exercise is performed on how various external shocks affect the balance sheet of an average European bank under the … introduction of full fair value accounting could have a significant effect in terms of income volatility, procyclicality of bank …

stakesor institutional holdings. We investigate the effects of these bank-firm governancelinks on the global syndicated loan … market. We find that banks are more likely to actas lead arrangers, charge higher interest rate spreads and face less credit …

average of bank lending rates. The results are overall encouraging, though the recursive estimates of the long-run parameters …

This paper investigates whether output and inflation respond asymmetrically to credit shocks in the euro area. The … effects related to credit conditions in the economy. Consistent with this finding, the impulse responses show some signs of …

? (3) if not, is the bank lending channel a likely candidate to complete the story? We find plausible euro-area wide … almost all. Where the IRC is not dominant, there is normally some direct evidence supporting the presence of a bank lending …