In his introductory remarks at the Fifth Macroprudential Policy and Research Conference at the ECB in Frankfurt Klaas Knot discussed some of the challenges in using macro-prudential tools.Read more
The macroeconomic scoreboard is an instrument for early identification of macroeconomic imbalances, occurring in the short term or as a result of structural and long-term trends. The scoreboard presents a limited number of simple macroeconomic and macrofinancial indicators with threshold values. The threshold values serve as warning values. Based on the macroeconomic scoreboard, the European Commission draws up an annual report with a qualitative and financial assessment of imbalances trends. The assessment also includes other indicators.