Date published | SUERF | Issue | Title | Author(s) |
Nov 2023 | Policy Brief | No 750 | Easier said than done: Predicting downside risks to house prices in Croatia | Tihana Škrinjarić, Maja Sabol |
Nov 2023 | Policy Brief | No 749 | Monetary policy transmission below zero: In search of the reversal rate | Zuzana Fungáčová, Eeva Kerola, Olli-Matti Laine |
Nov 2023 | Policy Brief | No 746 | When banks’ shadow fades and shadow banking rises: Securitization and loan performance in China | Di Gong, Jin Wu, Jigao Zhu |
Nov 2023 | Policy Brief | No 739 | How usable are capital buffers? An empirical analysis of the interaction between capital buffers and the leverage ratio since 2016 | Georg Leitner, Michal Dvořák, Alessandro Magi, Balázs Zsámboki |
Nov 2023 | Policy Brief | No 738 | Transmission of interest rate hikes depends on the level of central bank reserves held by banks | Daniel Fricke, Stefan Greppmair, Karol Paludkiewicz |
Nov 2023 | Policy Brief | No 736 | Banks’ credit forecasts excel at rank ordering but miss the evolution of losses | Martin Birn, Renzo Corrias, Christian Schmieder, Nikola Tarashev |
Nov 2023 | Policy Brief | No 735 | The Road to Paris: stress testing the transition towards a net-zero economy | Tina Emambakhsh, Maximilian Fuchs, Simon Kördel, Charalampos Kouratzoglou, Chiara Lelli, Riccardo Pizzeghello, Carmelo Salleo, Martina Spaggiari |
Nov 2023 | Policy Brief | No 734 | Macroprudential stance assessment: problems of measurement and literature review | Tihana Škrinjarić |
Nov 2023 | Policy Brief | No 732 | Quantitative easing, accounting and prudential frameworks, and bank lending | Andrea Orame, Rodney Ramcharan, Roberto Robatto |
Nov 2023 | Policy Note | No 327 | Protect the Safe Core: Restating the Central Bank Mandate | Enrico Perotti |
Nov 2023 | Policy Brief | No 726 | How would banks respond to central bank digital currency? | Barbara Meller, Oscar Soons |
Nov 2023 | Policy Note | No 326 | Shrinking the Eurosystem’s footprint without offshoring the euro | Robert N McCauley |
Nov 2023 | Policy Brief | No 719 | Should credit lines be regulated? | Jose E. Gutierrez |
Oct 2023 | Policy Brief | No 713 | The state-dependent impact of changes in bank capital requirements | Jan Hannes Lang, Dominik Menno |
Oct 2023 | Policy Brief | No 709 | The Mortgage Servicing Channel: Understanding Monetary Policy Transmission through Shadow Banks | Isha Agarwal, Malin Hu, Raluca A. Roman, Keling Zheng |
Oct 2023 | Policy Brief | No 706 | Asset Prices, Collateral and Bank Lending - The Case of Covid-19 and Real Estate | Aoife Horan, Barbara Jarmulska, Ellen Ryan |
Oct 2023 | Policy Brief | No 703 | Gross bond issuance by Italian banks: key trends in times of crisis and unconventional monetary policy | Donato Ceci, Alessandro Montino, Sara Pinoli, Andrea Silvestrini |
Oct 2023 | Policy Note | No 325 | The European Commission’s crisis management and deposit insurance (CMDI) proposal increases system-wide liquidity risk and makes more banks systemic | Stefan W. Schmitz, Michaela Posch, Peter Strobl |
Oct 2023 | Policy Note | No 323 | What An Acceleration of Quantitative Tightening Could Mean For Eurozone Banks | Nicolas Charnay, Pierre Hollegien, Sylvain Broyer, Aude Guez |
Sep 2023 | Policy Note | No 322 | Central Banks: Firefighters or Pyromaniacs in Recent Crises? | Marc-Olivier Strauss-Kahn |
Sep 2023 | Policy Brief | No 688 | Bonds at a premium: the impact of insurers on corporate bond issuers | Christian Kubitza |
Sep 2023 | Policy Note | No 321 | Technological change and the destabilisation of bank deposits: Assessment and policy implications | Ulrich Bindseil, Richard Senner |
Sep 2023 | Policy Brief | No 687 | Fear The Walking Dead? Zombie Firms in the Euro Area and Their Effect on Healthy Firms’ Credit Conditions | Lea Katharina Havemeister, Kristian Horn |
Sep 2023 | Policy Brief | No 684 | Fear (no more) of Floating: How emerging market central banks avoided a currency meltdown during the pandemic despite purchasing local-currency assets | Yasin Mimir, Enes Sunel |
Sep 2023 | Policy Brief | No 682 | How asymmetries of information can amplify house price shocks to the supply of mortgage credit? | Salomón García |
Sep 2023 | Policy Note | No 319 | Stylised facts on the effectiveness of macroprudential policy | Pedro Duarte Neves |
Aug 2023 | Policy Brief | No 670 | How to Design Carbon Pricing Under Financial Constraints? Revisiting Pigouvian Taxation when Borrowers are “Too Levered for Pigou” | Robin Döttling, Magdalena Rola-Janicka |
Aug 2023 | Policy Brief | No 667 | Fifty shades of QE: Robust evidence | Brian Fabo, Martina Jancokova, Elisabeth Kempf, Lubos Pastor |
Aug 2023 | Policy Brief | No 664 | Too Low for Too Long: Could Extended Periods of Ultra-Easy Monetary Policy Have Harmful Effects? | Etibar Jafarov, Enrico Minnella |
Aug 2023 | Policy Brief | No 660 | Central clearing in turbulent times: frontiers in regulation and oversight | Fabio Panetta |
Aug 2023 | Policy Note | No 318 | The Quest for Deposit Stability | Fernando Restoy |
Aug 2023 | Policy Note | No 316 | Peeling the onion: US bank stress not spreading to Euro area | Ravi Balakrishnan, Marco Protopapa |
Aug 2023 | Policy Brief | No 649 | Do non-banks need access to the lender-of-last-resort? Evidence from fund runs | Johannes Breckenfelder, Marie Hoerova |
Aug 2023 | Policy Brief | No 647 | Technology to combat climate change: where is investment flowing? | Giulio Cornelli, Jon Frost, Leonardo Gambacorta, Ouarda Merrouche |
Jul 2023 | Policy Brief | No 641 | Exploring the informational role of inflated credit ratings | Anna Bayona, Oana Peia, Razvan Vlahu |
Jul 2023 | Policy Brief | No 638 | Dirty home, clean abroad: Implications of the “carbon home bias” | Martijn Boermans, Rients Galema |
Jul 2023 | Policy Brief | No 637 | How the central bank collateral framework shapes the outcomes of liquidity stress test models | Angelo Cuzzola, Claudio Barbieri, Ulrich Bindseil |
Jul 2023 | Policy Brief | No 636 | A proposal for the European Green Transition via Significant Risk Transfer Securitisations | Fernando Gonzalez, Giuliano Giovannetti |
Jul 2023 | Policy Brief | No 632 | When Do Credit Booms Become Troublesome? | Eddie Gerba, Danilo Leiva-León, Johannes Poeschl |
Jul 2023 | Policy Brief | No 630 | Identifying financial fragmentation in the euro area | Jan Kakes, Jan Willem van den End |
Jul 2023 | Policy Brief | No 627 | Thirty Years Of The EU Single Market: Why Cross-Border Capital Flows Remain Sluggish, Despite Positive Developments | Sylvain Broyer, Aude Guez |
Jul 2023 | Policy Brief | No 626 | Macroprudential policy in the high inflation environment: Sailing uncharted waters | Carsten Detken, Ján Klacso, Reiner Martin |
Jun 2023 | Policy Brief | No 624 | CCP initial margin models: A peek under the hood | Ismael Alexander Boudiaf, Martin Scheicher, Francesco Vacirca |
Jun 2023 | Policy Brief | No 623 | Are firms credit constrained? Answers from a Swedish credit registry | Niklas Amberg, Tor Jacobson, Vincenzo Quadrini, Anna Rogantini Picco |
Jun 2023 | Policy Brief | No 620 | Insights into Credit Loss Rates: A Global Database | Li Lian Ong, Christian Schmieder, Min Wei |
Jun 2023 | Policy Brief | No 617 | On the effectiveness of dividend restrictions as supervisory policy tool | Ernest Dautović, Leonardo Gambacorta, Alessio Reghezza |
Jun 2023 | Policy Brief | No 610 | Climate change risks and the energy and emission allowances market – An analysis based on EMIR data | Merel Vrolijk, Ellen van der Woerd, Elisabeth de Vogel |
Jun 2023 | Policy Brief | No 609 | The effects of negative interest rates on bank market power: implications for euro area banks’ lending channel and stability | Yener Altunbas, Giuseppe Avignone, Christoffer Kok, Cosimo Pancaro |
Jun 2023 | Policy Brief | No 608 | Is the EU Money Market Fund Regulation fit for purpose? Lessons from the COVID-19 turmoil | Laura-Dona Capotă, Michael Grill, Luis Molestina Vivar, Niklas Schmitz, Christian Weistroffer |
Jun 2023 | Policy Brief | No 605 | BigTech Credit and Monetary Policy Transmission | Yiping Huang, Xiang Li, Han Qiu, Changhua Yu |
Jun 2023 | Policy Note | No 313 | Monetary and financial stability – can they be separated? | Isabel Schnabel |
Jun 2023 | Policy Note | No 312 | Empowering central bank money for a digital future | Martin Diehl, Constantin Drott |
May 2023 | Policy Brief | No 597 | Boosting the Green Transition: Greenhouse gas emissions and bank lending | Koji Takahashi, Junnosuke Shino |
May 2023 | Policy Brief | No 596 | Reforming the Monetary System for the Digital Age | Burkhard Drees, Sunil Sharma |
May 2023 | Policy Brief | No 588 | The digital euro: a precautionary device, not a deus-ex-machina | Ignazio Angeloni |
May 2023 | Policy Brief | No 586 | The Big Problem of Small Syndicates | Mingze Gao, Iftekhar Hasan, Buhui Qiu, Eliza Wu |
May 2023 | Policy Brief | No 585 | Does IFRS 9 increase banks’ resilience? | Arndt Kund, Daniel Rugilo |
Apr 2023 | Policy Note | No 309 | The Digital Euro (CBDC) as a Monetary Anchor of the Financial System | Peter Bofinger, Thomas Haas |
Apr 2023 | Policy Brief | No 563 | Regulators as Risk Managers: Macroprudential Policy through a Risk Management Lens | Daniel Dimitrov, Sweder van Wijnbergen |
Apr 2023 | Policy Brief | No 562 | Loose Monetary Policy and Financial Instability | Maximilian Grimm, Òscar Jordà, Moritz Schularick, Alan M. Taylor |
Apr 2023 | Policy Brief | No 561 | Leaning against the Global Financial Cycle | Andrea Ferrero, Maurizio Michael Habib, Livio Stracca, Fabrizio Venditti |
Mar 2023 | Policy Note | No 306 | Why there is no need to stray from the original ideas behind the Bank Recovery and Resolution Directive | Jesper Berg, Steffen Ulrik Lind |
Mar 2023 | Policy Brief | No 558 | Unraveling the Structure of Nested Decentralized Finance (DeFi) Protocols | Stefan Kitzler, Friedhelm Victor, Pietro Saggese, Bernhard Haslhofer |
Mar 2023 | Policy Brief | No 557 | A friend in need is a friend indeed? Nonbanks and lending relationships during crises | Iñaki Aldasoro, Sebastian Doerr, Haonan Zhou |
Mar 2023 | Policy Brief | No 556 | How prevalent are investment funds in cross-border investment? | Pınar Yeşin |
Mar 2023 | Policy Brief | No 555 | Technology and Asset Liquidations: Evidence from Real Estate Collateral | Francesco Mazzola |
Mar 2023 | Policy Note | No 305 | Climate stress tests: Are banks fit for the green transition? | Ursula Walther |
Mar 2023 | Policy Brief | No 551 | Who funds zombie firms: banks or non-banks? | Saara Tuuli |
Mar 2023 | Policy Brief | No 549 | CCPs United: the hidden dangers of shared clearing membership | Luitgard A. M. Veraart, Iñaki Aldasoro |
Mar 2023 | Policy Brief | No 546 | Bank lending to small firms: metamorphosis of a financing model | Paolo Finaldi Russo, Valentina Nigro, Sabrina Pastorelli |
Mar 2023 | Policy Brief | No 545 | Is the ECB Monetary Tightening Effective? The Role of Bank Funding and Asset Structure | Matjaž Volk |
Mar 2023 | Policy Brief | No 542 | Issuing bonds during the Covid-19 pandemic: is there an ESG premium? | Fabrizio Ferriani |
Feb 2023 | Policy Note | No 302 | Macroprudential policy and real estate funds | Manuel A. Muñoz, Frank Smets |
Feb 2023 | Policy Brief | No 527 | Central Bank digital currencies in Africa: catching up | Enrique Alberola, Ilaria Mattei |
Feb 2023 | Policy Brief | No 516 | A scientific illusion in risk management? | José María Roldán |
Feb 2023 | Policy Brief | No 514 | Fund Flow Externalities Under the Microscope | Daniel Fricke, Stephan Jank, Hannes Wilke |
Jan 2023 | Policy Brief | No 513 | Gender diversity in bank boardrooms helps to combat climate change | Leonardo Gambacorta, Livia Pancotto, Alessio Reghezza, Martina Spaggiari |
Jan 2023 | Policy Brief | No 510 | Bank and non-bank balance sheet responses to monetary policy shocks | Fédéric Holm-Hadulla, Falk Mazelis, Sebastian Rast |
Jan 2023 | Policy Brief | No 502 | Latent Fragility: Conditioning Banks’ Joint Probability of Default on the Financial Cycle | Paul Bochmann, Paul Hiebert, Yves Schüler, Miguel Segoviano |
Jan 2023 | Policy Note | No 295 | The interplay between too big to fail policies and why it matters | André Ebner, Christiane Westhoff |
Dec 2022 | Policy Note | No 294 | A modern credit guidance regime for the green transition | Katie Kedward, Daniela Gabor, Josh Ryan-Collins |
Dec 2022 | Policy Note | No 293 | The EU macroprudential review should prioritize removing regulatory overlaps and increasing the flexibility of the CCyB | Stefan W. Schmitz, Michaela Posch, Peter Strobl |
Dec 2022 | Policy Brief | No 493 | Financial exposure and bank mergers - Micro and macro evidence from the EU | Laura Lebastard |
Dec 2022 | Policy Brief | No 490 | Systemic Bank Runs: How a Misallocation of Liquidity May Trigger a Solvency Crisis | Lukas Altermatt, Hugo van Buggenum, Lukas Voellmy |
Dec 2022 | Policy Brief | No 484 | Monetary and macroprudential policy effectiveness and spillovers | Luc Laeven, Angela Maddaloni, Caterina Mendicino |
Dec 2022 | Policy Brief | No 483 | The Links Between Emerging Market Bond Flows, Exchange Rates and Future Financial Conditions | Peter Hördahl, Giorgio Valente |
Dec 2022 | Policy Brief | No 481 | Should central banks be involved in historical research? | Ivo Maes |
Nov 2022 | Policy Brief | No 474 | Cost efficiency in the euro area banking sector and the negative interest rate environment | Giuseppe Avignone, Claudia Girardone, Cosimo Pancaro, Livia Pancotto, Alessio Reghezza |
Nov 2022 | Policy Brief | No 473 | The Impact of Natural Disasters on Banks’ Impairment Flow – Evidence from Germany | Iliriana Shala, Benno Schumacher |
Nov 2022 | Policy Brief | No 467 | A tale of three crises: synergies between ECB tasks | Karin Hobelsberger, Christoffer Kok, Francesco Paolo Mongelli |
Nov 2022 | Policy Brief | No 466 | Price-at-risk: systemic risk from price-impact induced contagion | Gábor Fukker, Michiel Kaijser, Luca Mingarelli, Matthias Sydow |
Nov 2022 | Policy Brief | No 464 | Less Bank Failures Before Presidential Elections in Russia | Zuzana Fungáčová, Alexei Karas, Laura Solanko, Laurent Weill |
Nov 2022 | Policy Brief | No 462 | Disclosure of climate change risks in credit ratings | Miriam Breitenstein, Stefania Ciummo, Florian Walch |
Nov 2022 | Policy Brief | No 461 | Dual interest rates and the transmission of monetary policy | Francesca Barbiero, Lorenzo Burlon, Maria Dimou, Jan Toczynski |
Nov 2022 | Policy Brief | No 460 | Demystifying wholesale central bank digital currency | Fabio Panetta |
Nov 2022 | Policy Brief | No 457 | The Certification Role of the EU-Wide Stress Testing Exercises in the Stock Market. What Can We Learn from the Stress Tests (2014-2021)? | Agha Durrani, Steven Ongena, Aurea Ponte Marques |
Oct 2022 | Policy Brief | No 456 | Digital players vs. traditional banks: Fierce competition, higher concentration or a trend towards platformization? | Laurent Clerc, Timothée Dufour, Pierre Harguindeguy, Stefano Ungaro |
Oct 2022 | Policy Brief | No 454 | Augmented credit-to-GDP gap as a more reliable indicator for macroprudential policy decision-making | Tihana Škrinjarić |
Oct 2022 | Policy Brief | No 453 | Under-researched areas of CBDC | Shalva Mkhatrishvili, Wim Boonstra |
Oct 2022 | Policy Brief | No 450 | Are Liability Driven Investors (LDIs) a liability for policymakers? | Giacomo Carboni, Martin Ellison |
Oct 2022 | Policy Brief | No 444 | How do central bank lending operations interact with equity offering announcements? | Massimo Giuliodori, Jan Kakes, Dimitris Mokas |
Oct 2022 | Policy Brief | No 443 | Transition Versus Physical Climate Risk Pricing in European Financial Markets: A Text-Based Approach | Giovanna Bua, Daniel Kapp, Federico Ramella, Lavinia Rognone |
Oct 2022 | Policy Brief | No 441 | The digital revolution in banking: The old, the new and the ugly | José María Roldán |
Oct 2022 | Policy Brief | No 435 | Using household-level data to guide borrower-based macro-prudential policy | Gastón Andrés Giordana, Michael Heinrich Ziegelmeyer |
Sep 2022 | Policy Brief | No 430 | Central bank capital | Paul Wessels, Dirk Broeders |
Sep 2022 | Policy Brief | No 429 | Liquidity Coverage Ratios and Monetary Policy Credit in the time of Corona | Viktoriya Gocheva, Yvo Mudde, Jens Tapking |
Sep 2022 | Policy Brief | No 424 | Information Transmission between Banks and the Market for Corporate Control | Christian Bittner, Falko Fecht, Melissa Pala, Farzad Saidi |
Sep 2022 | Policy Brief | No 409 | A model of system-wide stress simulation: market-based finance and the COVID-19 event | Giovanni di Iasio, Giulio Nicoletti, Nicholas Vause |
Aug 2022 | Policy Note | No 286 | The optimal quantity of CBDC in the euro area | Lorenzo Burlon, Carlos Montes-Galdón, Manuel A. Muñoz, Frank Smets |
Aug 2022 | Policy Note | No 285 | From SEPA to the digital euro: payments past, present and future | Johannes Asel, Simone Mingione, Petia Niederlaender, Georg Nitsche |
Aug 2022 | Policy Brief | No 404 | Entity-based vs activity-based regulation: a framework and applications to traditional financial firms and big techs | Claudio Borio, Stijn Claessens, Nikola Tarashev |
Aug 2022 | Policy Brief | No 400 | Regulatory complexity, uncertainty, and systemic risk | Maurizio Trapanese |
Aug 2022 | Policy Note | No 284 | The design of a data governance system | Siddharth Tiwari, Sharad Sharma, Siddharth Shetty, Frank Packer |
Jul 2022 | Policy Brief | No 387 | Climate Change-Related Regulatory Risks and Bank Lending | Isabella Mueller, Eleonora Sfrappini |
Jul 2022 | Policy Brief | No 375 | A shot in the arm: stimulus packages and firm performance during COVID-19 | Deniz Igan, Ali Mirzaei, Tomoe Moore |
Jul 2022 | Policy Brief | No 373 | Minibonds and intangibles | Gabriele Beccari, Francesco Marchionne, Beniamino Pisicoli |
Jun 2022 | Policy Brief | No 362 | On Implementing Macroprudential Policy | Itai Agur, Sunil Sharma |
Jun 2022 | Policy Brief | No 356 | How much is too much? Assessing the non-linear relationship between debt and sovereign creditworthiness | Sanne Zwart |
Jun 2022 | Policy Note | No 281 | CBDC and Bank Intermediation in the Euro Area | Ramón Adalid, Álvaro Álvarez-Blázquez, Katrin Assenmacher, et al. |
Jun 2022 | Policy Brief | No 344 | Elections Hinder Firms’ Access to Credit | Florian Léon, Laurent Weill |
May 2022 | Policy Brief | No 336 | Business resilience in the pandemic and beyond: Adaptation, innovation, financing and climate action from Eastern Europe to Central Asia | Luca Gattini, Rozália Pál, Helena Schweiger, Laura Valderrama |
May 2022 | Policy Brief | No 334 | The local presence of global banks | Iñaki Aldasoro, John Caparusso, Yingyuan Chen |
May 2022 | Policy Note | No 277 | What business model for the Digital Euro? Lessons from Brazil and Switzerland | Peter Bofinger, Thomas Haas |
Apr 2022 | Policy Note | No 275 | Balancing public and private interests: Crypto, stablecoin and central bank digital currency | Wilko Bolt, Vera Lubbersen, Peter Wierts |
Apr 2022 | Policy Brief | No 315 | Who owns banks? The household-bank nexus and its implications for bank stock prices | Matías Lamas, David Martinez-Miera |
Apr 2022 | Policy Brief | No 310 | Insurers’ investments before and after the COVID-19 outbreak | Federico Apicella, Raffaele Gallo, Giovanni Guazzarotti |
Apr 2022 | Policy Brief | No 308 | Investor demand in syndicated bond issuances: stylised facts | Martin Hillebrand, Marko Mravlak, Peter Schwendner |
Mar 2022 | Policy Note | No 272 | Financing Faster Growth For Europe’s SMEs | Sylvain Broyer, Sarah Limbach, Cihan Duran |
Mar 2022 | Policy Note | No 271 | Financial stability and crypto-assets | Pablo Hernández de Cos |
Mar 2022 | Policy Brief | No 296 | The political economy of reforms in central bank design | Davide Romelli |
Mar 2022 | Policy Brief | No 295 | How do Asian central banks use big data? Insights from an Irving Fisher Committee survey | Giulio Cornelli, Sebastian Doerr, Leonardo Gambacorta, Bruno Tissot |
Mar 2022 | Policy Note | No 268 | Crisis-tested Europe – Solidarity with Ukraine spurs European identity | Heinz Handler |
Feb 2022 | Policy Brief | No 276 | The COVID Non-Performing Loan ’Tsunami’ that Never Happened and How to Avoid it Now | Reiner Martin, Piroska Nagy-Mohacsi, Elina Ribakova, Jonathan M. Fortun Vargas |
Feb 2022 | Policy Note | No 265 | Austrian conceptions of money and the rise of digital currency | Michael Peneder |
Feb 2022 | Policy Note | No 264 | High earners in the European banking sector | Emma-Faye Dertnig, Jakob Hanzl, Mario Hübler, Christoph Prenner |
Jan 2022 | Policy Brief | No 260 | Credit Constrained Firms and Government Subsidies: Evidence from a European Union Program | Tirupam Goel, Péter Lang, Eszter Balogh, Ádám Banai, Martin Stancsics, Előd Takáts, Álmos Telegdy |
Jan 2022 | Policy Note | No 262 | The encrypted threat: Bitcoin’s social cost and regulatory responses | Ulrich Bindseil, Patrick Papsdorf, Jürgen Schaaf |
Dec 2021 | Policy Note | No 261 | Mortgage and real estate markets: Current developments pose risks to financial stability | Fritz Zurbrügg |
Dec 2021 | Policy Note | No 260 | Identifying lessons from the current crisis for the prudential framework of the banking system | Pablo Hernández de Cos |
Dec 2021 | Policy Brief | No 247 | Bridge over troubled water? The effectiveness of macroprudential policy during the Covid-19 pandemic in Portugal | Katja Neugebauer, Vítor Oliveira, Ângelo Ramos |
Dec 2021 | Policy Note | No 258 | The importance of Private Equity and Venture Capital financing for Greentech companies in Europe | Helmut Kraemer-Eis, Antonia Botsari, Salome Gvetadze, Frank Lang, Wouter Torfs |
Nov 2021 | Policy Brief | No 233 | Caveat Emptor | José María Roldán |
Nov 2021 | Policy Brief | No 231 | A Multi-level Network Approach to Spillovers Analysis: An Application to the Maltese Domestic Investment Funds Sector | Francesco Meglioli, Stephanie Gauci |
Nov 2021 | Policy Brief | No 213 | The role of prudential policy in addressing climate change | Fernando Restoy |
Oct 2021 | Policy Brief | No 209 | The one trillion euro CBDC: Issuing a digital euro without disrupting the bank lending channel | Paolo Fegatelli |
Oct 2021 | Policy Brief | No 199 | The impact of macroprudential policies on capital flows in CESEE | Markus Eller, Niko Hauzenberger, Florian Huber, Helene Schuberth, Lukas Vashold |
Oct 2021 | Policy Brief | No 194 | The impact of COVID-19 on analysts’ sentiment about the banking sector | Alicia Aguilar, Diego Torres |
Oct 2021 | Policy Note | No 257 | Systemic Implications of the Bail-in Design: A Precis of our Main Text | J. Doyne Farmer, Charles Goodhart, Alissa M. Kleinnijenhuis |
Sep 2021 | Policy Note | No 256 | Ultra low interest rates from the perspective of a central banker | Lars Rohde |
Sep 2021 | Policy Brief | No 178 | Contagious Zombies | Christian Bittner, Falko Fecht, Co-Pierre Georg |
Sep 2021 | Policy Note | No 252 | Forging the Future of Monetary Union – taking stock and looking forward | Markus Rodlauer, Rolf Strauch |
Sep 2021 | Policy Brief | No 170 | Pension funds’ portfolio choices and investment beliefs | Dirk Broeders, Kristy Jansen |
Aug 2021 | Policy Brief | No 167 | Limits of stress-test based bank regulation | Tirupam Goel, Isha Agarwal |
Aug 2021 | Policy Brief | No 161 | Banks’ complexity-risk nexus and the role of regulation | Natalya Martynova, Ursula Vogel |
Aug 2021 | Policy Brief | No 158 | Bank pricing of corporate loans | Márcio Mateus, Tiago Pinheiro |
Aug 2021 | Policy Brief | No 155 | The anatomy of bond ETF arbitrage | Karamfil Todorov |
Aug 2021 | Policy Brief | No 147 | Proportionality in banking regulation: who, what and how? | Raihan Zamil |
Aug 2021 | Policy Note | No 250 | Roads for the future: Central Bank Digital Currency (CBDC) and Innovative Payments | François Villeroy de Galhau |
Jul 2021 | Policy Brief | No 134 | Future Challenges: Old Problems in New Shapes | José María Roldán |
Jul 2021 | Policy Brief | No 132 | Euro area portfolio flows in 2020: the impact of the Covid-19 crisis | Julia Schmidt, Olivier Sirello |
Jul 2021 | Policy Brief | No 131 | Investment funds, monetary policy, and the global financial cycle | Christoph Kaufmann |
Jul 2021 | Policy Note | No 248 | The Future of Bitcoin | Wim Boonstra |
Jun 2021 | Policy Brief | No 117 | Regulating liquidity risk in mutual funds | Dominic Cucic |
Jun 2021 | Policy Brief | No 115 | Understanding the financial risks of nature loss: exploring policy options for financial authorities | Katie Kedward, Josh Ryan-Collins, Hugues Chenet |
Jun 2021 | Policy Brief | No 114 | How to issue a privacy-preserving central bank digital currency | Christian Grothoff, Thomas Moser |
Jun 2021 | Policy Brief | No 112 | Fund Cross-Holdings and Financial Stability | Daniel Fricke, Hannes Wilke |
Jun 2021 | Policy Brief | No 102 | Assessing the impact of Basel III: Evidence from macroeconomic models | Olivier de Bandt, Bora Durdu, Hibiki Ichiue, Yasin Mimir, Jolan Mohimont, Kalin Nikolov, Sigrid Röhrs, Jean-Guillaume Sahuc, Valerio Scalone, Michael Straughan |
May 2021 | Policy Note | No 241 | Digital Disruption: The Inevitable Rise of CBDC | Chetan Ahya, Derrick Kam, Julian Richers |
May 2021 | Policy Brief | No 97 | Stress-Testing Net Trading Income: The Case of European Banks | Carla Giglio, Frances Shaw, Nicolas Syrichas and Giuseppe Cappelletti |
May 2021 | Policy Brief | No 84 | Data sharing for better policy making | Claudia Buch |
Apr 2021 | Policy Brief | No 82 | The banking supervisors dilemma: wearing many hats on one head | Sasin Kirakul, Jeffery Yong, Raihan Zamil |
Apr 2021 | Policy Brief | No 81 | How the Capital Markets Union can help Europe avoid a liquidity trap | Sylvain Broyer |
Apr 2021 | Policy Brief | No 79 | A New Measure of Synthetic Leverage | Daniel Fricke |
Apr 2021 | Policy Brief | No 78 | Not all debt is bank debt: Nonbank borrowing in Central, Eastern and Southeastern Europe | Katharina Allinger, Elisabeth Beckmann |
Apr 2021 | Policy Brief | No 71 | CESEE’s Macroprudential Policy Response to Covid-19 | Markus Eller, Reiner Martin, Lukas Vashold |
Apr 2021 | Policy Note | No 231 | The challenges to the banking sector a year after the outbreak of the COVID-19 pandemic | Pablo Hernández de Cos |
Apr 2021 | Policy Brief | No 67 | How do central banks use big data and machine learning? | Sebastian Doerr, Leonardo Gambacorta, Jose Maria Serena |
Apr 2021 | Policy Brief | No 62 | The way forward for EU-wide stress tests | Pedro Duarte Neves |
Mar 2021 | Policy Note | No 228 | CBDC: Where is the unique selling proposition? | Peter Bofinger,Thomas Haas |
Mar 2021 | Policy Note | No 226 | Greening the UK financial system – a fit for purpose approach | Yannis Dafermos, Daniela Gabor, Maria Nikolaidi, Frank van Lerven |
Feb 2021 | Policy Note | No 225 | Sharing Economy in the Financial Industry: A Platform Approach towards Sharing in Regulatory Reporting using the Shapley Value | Aaron Janowski, Moritz Plenk, Mirko Haselwander |
Feb 2021 | Policy Brief | No 50 | The rise of digital watchers | Till Ebner, Thomas Nellen, Jörn Tenhofen |
Feb 2021 | Policy Note | No 223 | Bank stress tests: their philosophy and their use by prudential authorities during the Covid-19 crisis | Valère Fourel, Julien Idier, Valerio Scalone, Aurore Schilte |
Feb 2021 | Policy Brief | No 47 | Banking Across Borders: Are Chinese Banks Different? | Eugenio Cerutti, Catherine Koch, Swapan-Kumar Pradhan |
Feb 2021 | Policy Brief | No 45 | The crisis management framework for banks in the EU: how Can we deal with small and medium-sized banks? | Ignazio Visco |
Feb 2021 | Policy Note | No 222 | A pragmatic solution for the liquidity in resolution problem | Matthias Gruber, Stefan W. Schmitz |
Feb 2021 | Policy Note | No 221 | The future of data collection & data management: Agile RegOps for digitalizing the regulatory value chain | Martina Drvar, Johannes Turner, Maciej Piechocki, Eric Stiegeler, Daniel Münch |
Jan 2021 | Policy Note | No 219 | Buffer usability and potential stigma effects | Stefan W. Schmitz, Viola Nellessen, Michaela Posch, Peter Strobl |
Jan 2021 | Policy Note | No 217 | The post-COVID-19 recovery: what challenges and roadmap for the banking industry? | Jordi Gual |
Dec 2020 | Policy Note | No 215 | Consequences for banks’ business from COVID-19 and policy responses | Francesco Mazzaferro |
Dec 2020 | Policy Note | No 212 | Monetary policy effects when interest rates are negative | Joost Bats, Massimo Giuliodori, Aerdt Houben |
Nov 2020 | Policy Note | No 207 | Surge in corporate insolvencies hitting German banks | Jan Schildbach |
Nov 2020 | Policy Note | No 206 | Cyber risk in the financial sector | Iñaki Aldasoro, Jon Frost, Leonardo Gambacorta, Thomas Leach, David Whyte |
Oct 2020 | Policy Note | No 200 | Finding the Right “Hall of Mirrors”: The Mixed Blessings of Lessons from the Past for Shaping a Post-COVID Future | Robert Holzmann |
Sep 2020 | Policy Note | No 194 | Home- and host-country prudential regulation and spillovers in dollar credit | Stefan Avdjiev, Bryan Hardy, Patrick McGuire, Goetz von Peter |
Sep 2020 | Policy Note | No 193 | Inclusive payments for the post-pandemic world | Raphael Auer, Jon Frost, Thomas Lammer, Tara Rice, Amber Wadsworth |
Sep 2020 | Policy Note | No 191 | Are bank capital requirements optimally set? Evidence from researchers’ views | Gene Ambrocio, Iftekhar Hasan, Esa Jokivuolle, Kim Ristolainen |
Aug 2020 | Policy Note | No 189 | Financial integration in the Nordic-Baltic region vis-à-vis the EU: A Swedish perspective | David Farelius, Stefan Ingves, Magnus Jonsson |
Aug 2020 | Policy Note | No 188 | The Growth of Indexing - What is happening, and why? | Craig Lazzara |
Aug 2020 | Policy Note | No 187 | Measuring Regulatory Complexity | Jean-Edouard Colliard, Co-Pierre Georg |
Jul 2020 | Policy Note | No 185 | The Macroeconomic Impact of NPLs in Euro Area Countries | Ivan Huljak, Reiner Martin, Diego Moccero, Cosimo Pancaro |
Jul 2020 | Policy Brief | No 21 | How effective are bank levies in reducing leverage given the debt bias of corporate income taxation? | Franziska Bremus, Kirsten Schmidt, Lena Tonzer |
Jul 2020 | Policy Note | No 183 | Retail Central Bank Digital Currencies: means of payment vs store of value | Santiago Fernández de Lis, Pablo Urbiola |
Jul 2020 | Policy Note | No 182 | Europe’s answer to Libra – potential and prerequisites of a programmable euro | Andreas Krautscheid, Tobias Tenner, Siegfried Utzig |
Jun 2020 | Policy Note | No 179 | The need for a new financial architecture after CORONA, an opinion | Freddy Van den Spiegel |
Jun 2020 | Policy Note | No 176 | Credit Guarantees in the COVID-19 crisis – Relevance and Economic Impact | Julien Brault, Simone Signore |
Jun 2020 | Policy Brief | No 14 | Do contactless cards really change the way we pay? | Martin Brown, Nicole Hentschel, Hannes Mettler, Helmut Stix |
May 2020 | Policy Note | No 171 | US dollar funding markets during the Covid-19 crisis – the international dimension | Egemen Eren, Andreas Schrimpf, Vladyslav Sushko |
May 2020 | Policy Note | No 169 | Making banking integration work for better risk sharing in the eurozone: the role of cross-border banking consolidation | Mathias Hoffmann |
May 2020 | Policy Note | No 168 | Cross-border consolidation in the European banking sector: between dreams and reality | Jan Van Hove |
May 2020 | Policy Note | No 166 | Turning collective savings into private equity investments: The Covid-19 crisis as a catalyst for pan-European efficient resource allocation | Georges Hübner |
May 2020 | Policy Note | No 165 | Monetary policy implications of digital currencies | Katrin Assenmacher |
Apr 2020 | Policy Note | No 159 | Embedded supervision: how to build regulation into Libra 2.0 and the token economy | Raphael Auer |
Apr 2020 | Policy Note | No 153 | Passive Funds Actively Affect Prices: Evidence from the Largest ETF Markets | Karamfil Todorov |
Apr 2020 | Policy Note | No 152 | European banks in the corona crisis | Jan Schildbach |
Apr 2020 | Policy Note | No 146 | The European Deposit Insurance Scheme: Economic Rationale, Issues and Policy Solutions | Ettore Panetti |
Mar 2020 | Policy Note | No 145 | A “European Capitalization and Development Fund” (ECDF) to facilitate Europe’s post-corona recovery | Ernest Gnan |
Mar 2020 | Policy Note | No 139 | Capital Regulations and the Management of Credit Commitments during Crisis Times | Paul Pelzl, María Teresa Valderrama |
Mar 2020 | Policy Note | No 136 | Mortgage Lending and Macroprudential Policy in the UK and US | Alan Brener |
Feb 2020 | Policy Note | No 135 | Cost-Efficiency and Productivity of euro area banks | Ivan Huljak, Reiner Martin, Diego Moccero |
Feb 2020 | Policy Note | No 134 | Regulating fintech: what is going on, and where are the challenges? | Fernando Restoy |
Feb 2020 | Policy Note | No 132 | The European Banking Union | Margarita Delgado |
Feb 2020 | Policy Note | No 130 | European Banking Consolidation: Can a view to the past inform current policy efforts? | Peter Hahn |
Feb 2020 | Policy Note | No 129 | How Could Central Bank Digital Currencies Be Designed? | Itai Agur, Anil Ari, Giovanni Dell’Ariccia |
Jan 2020 | Policy Note | No 127 | Europe’s role in the global financial system | Luis de Guindos |
Jan 2020 | Policy Note | No 126 | Bank resolution, the need to recognize reality in order to prepare for the next crisis | Jesper Berg, Henrik Bjerre-Nielsen |
Jan 2020 | Policy Note | No 123 | DLT-Based Regulatory Reporting - A game changer for the regulatory regime? | Daniel Münch, Noah Bellon |
Jan 2020 | Policy Note | No 122 | TCFD: strengthening the foundations of sustainable finance | Mark Carney |
Dec 2019 | Policy Note | No 118 | Deposit facility rate, bank reserves, and portfolio reallocation incentives | Manuel Buchholz, Kirsten Schmidt, Lena Tonzer |
Nov 2019 | Policy Note | No 116 | Following “Libra” German banks say: The economy needs a programmable digital euro | Andreas Krautscheid, Tobias Tenner, Siegfried Utzig |
Nov 2019 | Policy Note | No 115 | Putting macroprudential policy to work: a case study on the Dutch housing market | Paul Hilbers, Marco van Hengel |
Nov 2019 | Policy Note | No 113 | Ten years after Lehman, is the financial system safer? | Denis Beau |
Nov 2019 | Policy Note | No 110 | Towards a European Governance Framework for Cryptoassets | Jason Grant Allen, Rosa María Lastra |
Oct 2019 | Policy Note | No 108 | Libra – a view from Europe | Heike Mai |
Oct 2019 | Policy Note | No 107 | Tackling non-performing loans in Europe | Peter Grasmann, Markus Aspegren, Nicolas Willems |
Oct 2019 | Policy Note | No 106 | Banks’ behavioral reactions to Basel III: mostly as intended | Stefan W. Schmitz |
Sep 2019 | Policy Note | No 103 | Non-banks in the EU: ensuring a smooth transition to a Capital Markets Union | Fatima Pires |
Sep 2019 | Policy Note | No 102 | How to improve crisis management in the banking union: a European FDIC? | Fernando Restoy |
Sep 2019 | Policy Note | No 96 | Reconciling risk sharing with market discipline: A constructive approach to euro area reform | Isabel Schnabel |
Aug 2019 | Policy Note | No 89 | Central banks still run money creation | Daniel Daianu |
Jul 2019 | Policy Note | No 87 | Loan portfolio diversification in the euro area, capital requirements, and the European Banking Union | Esa Jokivuolle, Matti Virén |
Jul 2019 | Policy Note | No 86 | Regulatory complexity and the quest for robust regulation | Prasanna Gai, Malcolm Kemp, Antonio Sánchez Serrano, Isabel Schnabel |
Jul 2019 | Policy Note | No 82 | Rethinking Capital Regulation: The Case for a Dividend Prudential Target in the Euro Area | Manuel Muñoz |
Jun 2019 | Policy Note | No 80 | A products and activities approach to managing risk in asset management | Barbara Novick |
Jun 2019 | Policy Note | No 79 | Financial aspects of Brexit | Thomas Url |
Jun 2019 | Policy Note | No 75 | The future of financial stability: Maintaining effectiveness while reducing complexity | Andreas Ittner |
Apr 2019 | Policy Note | No 65 | A New Horizon | Mark Carney |
Mar 2019 | Policy Note | No 61 | Beyond voluntary disclosure: why a ‘market-shaping’ approach to financial regulation is needed to meet the challenge of climate change | Josh Ryan-Collins |
Feb 2019 | Policy Note | No 58 | Disintermediation and re-intermediation effects of the CSPP | Óscar Arce, Ricardo Gimeno, Sergio Mayordomo |
Dec 2018 | Policy Note | No 50 | Business models in prudential policies | Isabelle Vaillant, Marina Cernov |
Dec 2018 | Policy Note | No 49 | Bank business models: time to act | Rudi Vander Vennet |
Oct 2018 | Policy Note | No 43 | A Green Supporting Factor — The Right Policy? | Jacob Dankert, Lars van Doorn, Henk Jan Reinders, Olaf Sleijpen |
Aug 2018 | Policy Note | No 40 | 21st century cash: Central banking, technological innovation and digital currencies | Fabio Panetta |
Jul 2018 | Policy Note | No 39 | Green bond finance and certification | Torsten Ehlers, Frank Packer |
May 2018 | Policy Note | No 34 | Modern financial repression in the euro area crisis: making high public debt sustainable? | Ad van Riet |
Feb 2018 | Policy Note | No 26 | Comparability of Basel risk weights in the EU banking sector | Zsofia Döme, Stefan Kerbl |
Nov 2017 | Policy Note | No 20 | Recent developments in Chinese shadow banking | Michael Chui, Christian Upper |
Oct 2017 | Policy Note | No 19 | Is cash back? Assessing the recent increase in cash demand | Clemens Jobst, Helmut Stix |
Jul 2017 | Policy Note | No 14 | Banks or platforms: The digital future | Patricia Jackson |
Jan 2017 | Policy Note | No 10 | Bail-ins: Issues of Credibility and Contagion | Clas Wihlborg |
May 2016 | Policy Note | No 6 | Bank secrecy in offshore centres, capital flows and blacklisting: It takes two to tango | Donato Masciandaro |
Apr 2016 | Policy Note | No 5 | Some seeming paradoxes or interesting points of Russia’s economy and banking sector | Stephan Barisitz |
Oct 2015 | Policy Note | No 2 | Modigliani–Miller, Basel 3 and CRD 4 | Morten Balling |