In May 2016 the Governing Council adopted the AnaCredit Regulation (ECB/2016/13) providing the legal basis for the European System of Central Banks (ESCB) to collect granular information on loans from banks to corporates and other legal persons based on a core set of harmonised concepts and...

In May 2016 the Governing Council adopted the AnaCredit Regulation (ECB/2016/13) providing the legal basis for the European System of Central Banks (ESCB) to collect granular information on loans from banks to corporates and other legal persons based on a core set of harmonised concepts and...

In May 2016 the Governing Council adopted the AnaCredit Regulation (ECB/2016/13) providing the legal basis for the European System of Central Banks (ESCB) to collect granular information on loans from banks to corporates and other legal persons based on a core set of harmonised concepts and...

This paper provides new evidence on the transmission of monetary policy in the euro area, assessing the impact of an unexpected increase of the short-term interest rates on the lending and borrowing activity in different economic sectors. We exploit the information content of the flow-of-funds...

This paper provides new evidence on the transmission of monetary policy in Italy by analyzing the effects of a restrictive monetary policy shock on the flows-of-funds variables. Firms reduce their issuance of debt and their acquisitions of financial assets, so that there is no evidence of strong...

The Survey on Household Income and Wealth and the Italian Financial Accounts, provide information on the wealth of Italian households which are independent and, for the time being, not directly comparable. In this paper we perform a detailed comparison of the estimates of the households' various...

This paper reconstructs the main items in the Italian financial accounts since 1950, providing unconsolidated end-of-year stocks. To allow for a meaningful interpretation of the dynamics over time, existing sources have been harmonized as regards the definitions of the institutional sectors and...

This paper provides new evidence on the transmission of monetary policy in the euro area, assessing the impact of an unexpected increase of the short-term interest rates on the lending and borrowing activity in different economic sectors. We exploit the information content of the flow-of-funds...