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Date Title Author(s)
11 Sep, 2025 Climate risk and sovereign yields: Why fiscal space and development status matter
Policy Brief
1256

Sofia Anyfantaki | European Central Bank (ECB)

Marianna Blix Grimaldi | Sveriges Riksbank

Carlos Madeira | Central Bank of Chile

Simona Malovana | Czech National Bank

Georgios Papadopoulos | Bank of Greece

11 Sep, 2025 Forecasting inflation amid high volatility – the case of energy inflation
Policy Brief
1255

Marta Banbura | European Central Bank (ECB)

Elena Bobeica | European Central Bank (ECB)

Alessandro Giammaria | European Central Bank (ECB)

Mario Porqueddu | European Central Bank (ECB)

11 Sep, 2025 When NBFIs become systemic: lessons for emerging and advanced economies
Policy Brief
1254

Carola Müller | Bank for International Settlements (BIS)

Matias Ossandon Busch | CEMLA and IWH

Miguel Sarmiento | Central Bank of Colombia

Freddy Pinzon-Puerto | University of Chicago Booth School of Business

11 Sep, 2025 The limited effectiveness of sanctions on Russia: Modeling loopholes and workarounds
Policy Brief
1253

Michael Funke | Hamburg University

Adrian Wende | Institute for Advanced Studies Vienna

11 Sep, 2025 Integrating balance sheet policy into monetary policy conditions
Policy Brief
1252

Benoit Mojon | Bank for International Settlements (BIS)

Phurichai Rungcharoenkitkul | Bank for International Settlements (BIS)

Dora Xia | Bank for International Settlements (BIS)

11 Sep, 2025 Living Apart or Together? Cultural Diversity and Property Values
Policy Brief
1251

Rachel Cho | University of Birmingham

Hisham Farag | University of Birmingham

Christoph Görtz | University of Augsburg

Danny McGowan | Durham University

Huyen Nguyen | Halle Institute for Economic Research

Max Schröder | Durham University

4 Sep, 2025 Insurance-based Credit Risk Transfer: a resilient risk-bearing capacity untapped in the EU
Policy Note
375

Ian Bell | PCS

Michael Bennett | Arch Insurance (EU) dac

Georges Duponcheele | Great Lakes Insurance SE

Tamar Joulia-Paris | IACPM

Véronique Ormezzano | VYGE Consulting

4 Sep, 2025 Forecasting inflation with the hedged random forest
Policy Brief
1250

Elliot Beck | Swiss National Bank

Michael Wolf | University of Zurich

4 Sep, 2025 The Signaling Effects of Tightening and Easing Monetary Policy
Policy Brief
1249

Paul Hubert | Banque de France

Rose Portier | Banque de France

4 Sep, 2025 Monetary policy under economic uncertainty: Evidence from the Euro Area
Policy Brief
1248

Niko Hauzenberger | University of Strathclyde

Michael Pfarrhofer | Vienna University of Economics and Business

Anna Stelzer | Oesterreichische Nationalbank

4 Sep, 2025 Migration (Still) Matters: How Labor Mobility Responds to Local Economic Shocks
Policy Brief
1247

Andrea Foschi | Bank of Italy

Christopher L. House | University of Michigan

Christian Proebsting | KU Leuven

Linda L. Tesar | University of Michigan

4 Sep, 2025 Back of Napkin with Rigor: Supply-Side Economics with AS-AD in Ramsey Dynamic General Equilibrium
Policy Brief
1246

Szilard Benk | Corvinus University of Budapest

Tamas Csabafi | University of Missouri - St. Louis

Max Gillman | University of Missouri - St. Louis

28 Aug, 2025 The Short-Run Endogeneity of Bank Capital: Evidence from Global Banking Data
Policy Note
374

Stefan W. Schmitz | Oesterreichische Nationalbank

Daniel Foos | Deutsche Bundesbank

Aaron Janowski | Deutsche Bundesbank

Julieta Yung | Federal Deposit Insurance Corporation

Mariana Tomova | European Commission

Samuel Da-Rocha-Lopes | European Banking Authority (EBA)

28 Aug, 2025 The impact of monetary policy and macroprudential policy on corporate lending rates in the Euro area
Policy Brief
1245

Tobias Herbst | Deutsche Bundesbank

Jan Hannes Lang | European Central Bank (ECB)

Marek Rusnak | European Central Bank (ECB)

28 Aug, 2025 Sveriges Riksbank's unconventional monetary policy 2015–2019: A macroeconomic assessment
Policy Brief
1244

Marcin Kolasa | International Monetary Fund (IMF)

Stefan Laseen | Sveriges Riksbank

Jesper Linde | International Monetary Fund (IMF)

28 Aug, 2025 Does it matter to buy local? Evidence from the Eurosystem’s Corporate Sector Purchase Programme (CSPP)
Policy Brief
1243

Casper de Haes | De Nederlandsche Bank

Tom Hudepohl | European Central Bank (ECB)

Jan Kakes | De Nederlandsche Bank

28 Aug, 2025 What changes can we hope to see in the European banking sector's regulatory framework?
Policy Brief
1242

Denis Beau | Banque de France

21 Aug, 2025 Firms’ Inflation and Wage Expectations during the Inflation Surge
Policy Brief
1241

Erwan Gautier | Banque de France

Frédérique Savignac | Banque de France

Olivier Coibion | University of Texas at Austin

21 Aug, 2025 Geopolitics, uncertainty and inflation shocks in Greece: domestic versus global shocks
Policy Brief
1240

Sophia Lazaretou | Bank of Greece

George Palaiodimos | Bank of Greece

21 Aug, 2025 The poor, the rich, and the credit channel of monetary policy
Policy Brief
1239

Manthos Delis | Audencia Business School

Annalisa Ferrando | European Central Bank (ECB)

Klaas Mulier | Ghent University

Steven Ongena | University of Zurich

21 Aug, 2025 Reviving Europe's Innovation Edge: Lessons from the Geography of Patenting
Policy Brief
1238

Francesca Lotti | The World Bank

Claudia Nobile | Collège de France

21 Aug, 2025 The impact of debt and deficits on long-term interest rates in the US
Policy Brief
1237

Davide Furceri | International Monetary Fund (IMF)

Carlos Goncalves | International Monetary Fund (IMF)

Hongchi Li | International Monetary Fund (IMF)

14 Aug, 2025 Better EU banking regulation can fuel growth, but lower capital requirements do not
Policy Note
373

Stefan W. Schmitz | Oesterreichische Nationalbank (OeNB)

Michaela Posch | Oesterreichische Nationalbank (OeNB)

Katharina Steiner | Oesterreichische Nationalbank (OeNB)

14 Aug, 2025 Trade and tariffs: facts versus myths
Policy Brief
1236

Leonardo Gambacorta | Bank for International Settlements (BIS)

Enisse Kharroubi | Bank for International Settlements (BIS)

Fabrizio Zampolli | Bank for International Settlements (BIS)

14 Aug, 2025 Climate, Inflation, and Monetary Policy: Insights from the New Keynesian Climate Model
Policy Brief
1235

Jean-Guillaume Sahuc | Banque de France

Frank Smets | Bank for International Settlements (BIS)

Gauthier Vermandel | Ecole Polytechnique

14 Aug, 2025 Emotion in Euro Area Monetary Policy Communication and Bond Yields – The Draghi Era
Policy Brief
1234

Dimitrios Kanelis | Deutsche Bundesbank

Pierre Siklos | Wilfrid Laurier University

14 Aug, 2025 Monetary Policy and Macroeconomic Forecasts: The Last Fifty Years
Policy Brief
1233

Fabio Panetta | Bank of Italy

7 Aug, 2025 Mutual fund performance: The model for selecting persistent winners
Policy Brief
1232

Cesario Mateus | Aalborg University

Irina B. Mateus | Aalborg University

Natasa Todorovic | Bayes Business School

7 Aug, 2025 Assessing the impact of US tariffs on the European automotive industry
Policy Brief
1231

José Serrano | Rabobank Research

7 Aug, 2025 Bridging innovation and regulation: what drives FDI into EU regions?
Policy Brief
1230

Chiara Castelli | Vienna Institute for International Economic Studies (wiiw)

Ronald B. Davies | University College Dublin

Mahdi Ghodsi | Vienna Institute for International Economic Studies (wiiw)

Javier Flórez Mendoza | Vienna Institute for International Economic Studies (wiiw)

7 Aug, 2025 How does public debt burden affect economic recessions and subsequent recoveries?
Policy Brief
1229

Alvaro Fernández-Gallardo | Banco de España

Iván Payá | University of Alicante

7 Aug, 2025 A liquidity black hole: What is the impact of a failing participant in a large value payment system and does time matter?
Policy Brief
1228

Ronald Heijmans | De Nederlandsche Bank

Ellen van der Woerd | De Nederlandsche Bank

7 Aug, 2025 Three Theories of Natural Rate Dynamics
Policy Brief
1227

Galo Nuño | Banco de España

31 Jul, 2025 Europe in the new NATO era
Policy Note
372

Hugo Erken | RaboResearch

Frank van Es | RaboResearch

Elwin de Groot | RaboResearch

Lennart de Jong | RaboResearch

31 Jul, 2025 Learning by doing
Policy Note
371

Vicky Saporta | Bank of England

Raf Kinston | Bank of England

Daire MacFadden | Bank of England

Jack Worlidge | Bank of England

31 Jul, 2025 Dealers’ costs of intermediation in fixed income markets: Empirical results for the euro area
Policy Brief
1226

Rita Besugo | European Central Bank (ECB)

Benoit Nguyen | European Central Bank (ECB)

Andrea Poinelli | European Central Bank (ECB)

Martin Scheicher | European Central Bank (ECB)

31 Jul, 2025 The supply side of monetary policy: How Floating-Rate Loans Blunt the ECB’s Fight Against Inflation
Policy Brief
1225

Fabrizio Core | LUISS Guido Carli

Filippo De Marco | Bocconi University

Tim Eisert | Nova School of Business and Economics

Glenn Schepens | European Central Bank (ECB)

31 Jul, 2025 What happens when more than one country joins a trade bloc at once – and why should we care now?
Policy Brief
1224

Rodolfo G. Campos | Banco de España

Jacopo Timini | Banco de España

31 Jul, 2025 Pricing or panicking? Commercial real estate markets and climate change
Policy Brief
1223

Kai Foerster | Federal Ministry of Finance (Germany)

Ellen Ryan | European Central Bank (ECB)

Benedikt Scheid | European Central Bank (ECB)

31 Jul, 2025 GDP nowcasting power of PMI news releases using ChatGPT
Policy Brief
1222

Gabe J. de Bondt | European Central Bank (ECB)

Yiqiao Sun | European Central Bank (ECB)

17 Jul, 2025 On the Trail of Fiscal Illusion in Europe
Policy Brief
1221

Juhana Hukkinen | Bank of Finland

Matti Viren | University of Turku and Bank of Finland

17 Jul, 2025 When Banks Diversify Lending and Go Long: Implications for Prudential Policy
Policy Brief
1220

Thomas Lejeune | National Bank of Belgium

Jolan Mohimont | National Bank of Belgium

17 Jul, 2025 Unpacking the AI supply chain: market structure and policy implications
Policy Brief
1219

Leonardo Gambacorta | Bank for International Settlements (BIS)

Vatsala Shreeti | Bank for International Settlements (BIS)

17 Jul, 2025 Toward Paris-Aligned Sovereign Investment Portfolios: How Hot Is Your Debt?
Policy Brief
1218

Dylan Dunlop-Barrett | De Nederlandsche Bank

17 Jul, 2025 Good Inflation, Bad Inflation, and the Dynamics of Credit Risk
Policy Brief
1217

Diego Bonelli | Banco de España

Berardino Palazzo | Federal Reserve Board of Governors

Ram Yamarthy | Federal Reserve Board of Governors

17 Jul, 2025 Liquidity Dependencies in the Euro Area
Policy Brief
1216

Carla Soares | Banco de Portugal

17 Jul, 2025 ETFs as a Disciplinary Device
Policy Brief
1215

Yuet Chau | Hong Kong University of Science and Technology (HKUST)

Karamfil Todorov | Bank for International Settlements (BIS)

Eyub Yegen | Hong Kong University of Science and Technology (HKUST)

10 Jul, 2025 Mitigating Fragility in Open-Ended Investment Funds: The Role of Redemption Restrictions
Policy Brief
1214

Luis Molestina Vivar | European Central Bank (ECB)

10 Jul, 2025 On how to assess the impact of monetary policy
Policy Brief
1213

Bernardino Adão | Banco de Portugal

Laura Alpizar | Banco de Portugal

Sandra Gomes | Banco de Portugal

10 Jul, 2025 Rethinking GPR: The Sources of Geopolitical Risk
Policy Brief
1212

Irma Alonso-Álvarez | Banco de España

Marina Diakonova | Banco de España

Javier J Pérez | Banco de España

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