Date published | SUERF | Issue | Title | Author(s) |
May 2022 | Policy Brief | No 340 | Optimal Timing of Policy Interventions in Troubled Banks | Philipp König, Paul Mayer, David Pothier |
May 2022 | Policy Brief | No 338 | Mortgage debt relief after economic shocks: lessons from the pandemic | Edward Gaffney, Fergal McCann, Johannes Stroebel |
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 335 | Macroeconomic Implications and Differences of Oil and Gas Price Shocks | Thomas Zörner, Nico Petz |
May 2022 | Policy Brief | No 334 | The local presence of global banks | Iñaki Aldasoro, John Caparusso, Yingyuan Chen |
May 2022 | Policy Note | No 278 | Monitoring Narratives: an Application to the Equity Market | Pascal Blanqué, Mohamed Ben Slimane, Amina Cherief, Théo Le Guenedal, Takaya Sekine, Lauren Stagnol |
May 2022 | Policy Brief | No 333 | The effect of introducing a Loan-to-Value limit on homeownership | Cindy Biesenbeek, Mauro Mastrogiacomo, Rob Alessie, Jakob de Haan |
May 2022 | Policy Brief | No 331 | Caution: Do not cross! Distance to regulatory capital buffers and lending in Covid-19 times | Cyril Couaillier, Marco Lo Duca, Alessio Reghezza, Costanza Rodriguez d’Acri |
May 2022 | Policy Brief | No 328 | Ideology and Monetary Policy: The role of political parties’ stances in the ECB’s parliamentary hearings | Nicolò Fraccaroli, Alessandro Giovannini, Jean-François Jamet, Eric Persson |
May 2022 | Policy Brief | No 326 | The impact of QE on sovereign risk | Dirk Broeders, Leo de Haan, Jan Willem van den End |
May 2022 | Policy Brief | No 324 | Uncertainty shocks and the monetary-macroprudential policy mix | Valeriu Nalban, Andra Smădu |
Apr 2022 | Policy Brief | No 322 | Trends in Monetary Policy Transparency Around the World | Nergiz Dincer, Barry Eichengreen, Petra Geraats |
Apr 2022 | Policy Note | No 274 | Stylised facts on debt and financial crisis | Pedro Duarte Neves |
Apr 2022 | Policy Brief | No 320 | Global Banking, Regulatory Spillovers, and the Benefits of Macroprudential Policy Coordination | Pierre-Richard Agénor, Timothy P Jackson, Luiz A Pereira da Silva |
Apr 2022 | Policy Brief | No 318 | How do carbon prices spillover along global production networks? | Ivan Frankovic |
Apr 2022 | Policy Brief | No 314 | Private Debt for SMEs – Market Overview | Helmut Kraemer-Eis, Jörn Block, Antonia Botsari, Salome Gvetadze, Frank Lang, Carlos Krause, Alexandra Moritz, Anna Schulze |
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 Brief | No 305 | Is There Financial Exclusion when Official Lenders Are Considered? | María Bru Muñoz |
Mar 2022 | Policy Brief | No 304 | Mind the gap: The widening post-pandemic gender divide | Joyce Chang, Amy Ho |
Mar 2022 | Policy Brief | No 301 | Is the ECB applying lessons from the past? | Anselm Küsters |
Mar 2022 | Policy Brief | No 300 | Household saving and fiscal policy: Evidence for the euro area from a thick modelling perspective | Cristina Checherita-Westphal, Marcel Stechert |
Mar 2022 | Policy Brief | No 299 | When domestic and foreign QE overlap | Paola Di Casola, Pär Stockhammar |
Mar 2022 | Policy Brief | No 297 | Central banks’ in-house credit assessment systems – supporting the Eurosystem’s response to the pandemic and its climate change action plan | Aviram Levy, Florian Resch, Anna Maria Rossi, Stephan Sauer |
Mar 2022 | Policy Brief | No 296 | The political economy of reforms in central bank design | Davide Romelli |
Mar 2022 | Policy Brief | No 294 | Preparing for the Financial System of the Future | Lael Brainard |
Mar 2022 | Policy Brief | No 293 | Tax Race to the Bottom Harms Location Attractiveness of Western Europe | Leonie Fischer, Jost H. Heckemeyer, Christoph Spengel, Daniela Steinbrenner |
Mar 2022 | Policy Brief | No 292 | The role of systemic risk spillovers in the transmission of Euro Area monetary policy | Alexandros Skouralis |
Mar 2022 | Policy Note | No 268 | Crisis-tested Europe – Solidarity with Ukraine spurs European identity | Heinz Handler |
Mar 2022 | Policy Brief | No 287 | The implications of demographics, pension systems, and migration for monetary policy | Marcin Bielecki, Michał Brzoza-Brzezina, Marcin Kolasa |
Mar 2022 | Policy Brief | No 286 | Private and Public Debt: Some Implications on Economic Growth | Patrizio Morganti |
Feb 2022 | Policy Brief | No 281 | GDP-linked bonds and the fear of ambiguity | Deniz Igan, Taehoon Kim, Antoine Levy |
Feb 2022 | Policy Brief | No 279 | Brexit: Trade diversion due to trade policy uncertainty | Eduardo Gutiérrez, Aitor Lacuesta, César Martín-Machuca |
Feb 2022 | Policy Brief | No 278 | The Political Phillips Curve in the Euro Area: Parliamentary Voice on ECB Monetary Policy | Federico M. Ferrara, Donato Masciandaro, Manuela Moschella, Davide Romelli |
Feb 2022 | Policy Brief | No 277 | Money and psychology of inflation: an investor view | Pascal Blanqué |
Feb 2022 | Policy Brief | No 272 | Global models for a global pandemic: the impact of COVID-19 on small euro area economies | Pablo Garcia, Pascal Jacquinot, Črt Lenarčič, Matija Lozej, Kostas Mavromatis |
Jan 2022 | Policy Brief | No 267 | Pledge or pretext? Lessons from the Fiscal Compact | Martin Larch, Matthias Busse, László Jankovics |
Jan 2022 | Policy Brief | No 264 | Why disinflation can be more costly in a small open economy than in a closed economy | Oleksandr Faryna, Magnus Jonsson, Nadiia Shapovalenko |
Jan 2022 | Policy Brief | No 257 | Why do households save? | Sami Oinonen, Matti Viren |
Dec 2021 | Policy Brief | No 253 | Money market funds in the euro area: Vulnerabilities and the role of macroprudential policy | Tom Hudepohl, Jeroen Huiting, Annelie Petersen |
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 Brief | No 245 | How to set Cyclical and Structural capital buffers via Stress tests? A Risk-to-Buffer approach | Cyril Couaillier, Valerio Scalone |
Dec 2021 | Policy Brief | No 244 | Switching-track after the Great Recession | Francesca Vinci, Omar Licandro |
Dec 2021 | Policy Brief | No 243 | The Macroeconomic Impact of Euro Area Labor Market Reforms | Gerhard Rünstler |
Dec 2021 | Policy Note | No 259 | Crises as a catalyst for change – lessons from the past, challenges for the future | Jens Weidmann |
Dec 2021 | Policy Brief | No 242 | The Role of Contact Tracing in the Long Pandemic War | Leonardo Melosi, Matthias Rottner |
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 |
Dec 2021 | Policy Brief | No 237 | Does competition reduce agency problems within banks? | Mattia Girotti, Federica Salvadè |
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 227 | Did liquidity limits amplify money market fund redemptions during the COVID crisis? | Peter Dunne, Raffaele Giuliana |
Nov 2021 | Policy Brief | No 221 | External Costs of Freight Transport – Relevance and Implications of Internalisation at the European Level | Elisabeth Christen, Bettina Meinhart, Franz Sinabell, Gerhard Streicher |
Nov 2021 | Policy Brief | No 220 | Consumption and service sector key factors in the COVID-19 trade collapse | Heli Simola |
Nov 2021 | Policy Brief | No 219 | How do banks propagate economic shocks? | Yusuf Emre Akgündüz, Seyit Mümin Cılasun, H. Özlem Dursun-de Neef, Yavuz Selim Hacıhasanoğlu, İbrahim Yarba |
Nov 2021 | Policy Brief | No 218 | When the panic broke out: Covid-19 and investment funds’ portfolio rebalancing around the world | Massimiliano Affinito, Raffaele Santioni |
Nov 2021 | Policy Brief | No 217 | How Pandemics Affect the Financial System: Fintech Adoption, and the Digital Divide | Orkun Saka, Barry Eichengreen, Cevat Giray Aksoy |
Nov 2021 | Policy Brief | No 213 | The role of prudential policy in addressing climate change | Fernando Restoy |
Oct 2021 | Policy Brief | No 211 | Technical barriers to trade play the most important role in trade of goods in information and communications technology | Mahdi Ghodsi |
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 206 | Cost-Benefit Analysis of Borrower-Based Measures in Slovakia | Martin Cesnak, Ján Klacso, Roman Vasiľ |
Oct 2021 | Policy Brief | No 205 | Mind the promotional gap! Climate-related financial policies and institutional dynamics | Moritz Baer, Emanuele Campiglio, Jérôme Deyris |
Oct 2021 | Policy Brief | No 203 | The reform of the EU’s fiscal governance framework in a new macroeconomic environment | Mario Alloza, Javier Andrés, Pablo Burriel, Iván Kataryniuk, Javier J. Pérez, Juan Luis Vega |
Oct 2021 | Policy Brief | No 202 | Revisiting the link between government debt and sovereign interest rates in the euro area | Stéphanie Pamies, Nicolas Carnot, Anda Pătărău |
Oct 2021 | Policy Brief | No 200 | The highly heterogeneous impact of the Covid-19 crisis on French firms | Benjamin Bureau, Anne Duquerroy, Julien Giorgi, Mathias Lé, Suzanne Scott, Frédéric Vinas |
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 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 Brief | No 190 | The Effects of Fiscal Policy when Planning Horizons are Finite | Joep Lustenhouwer, Kostas Mavromatis |
Sep 2021 | Policy Brief | No 187 | Can policy boost the international role of currencies? Lessons from international trade invoicing | Georgios Georgiadis, Helena Le Mezo, Arnaud Mehl, Cédric Tille |
Sep 2021 | Policy Brief | No 185 | The grocery trolley race in times of Covid-19. Evidence from Italy | Emanuela Ciapanna, Gabriele Rovigatti |
Sep 2021 | Policy Brief | No 184 | Frozen markets: Iceland’s experience with capital controls | Francis Breedon, Thórarinn G. Pétursson, Paolo Vitale |
Sep 2021 | Policy Brief | No 182 | The FX Global Code | Guy Debelle |
Sep 2021 | Policy Brief | No 181 | A liquidity risk early warning indicator for Italian banks: a machine learning approach | Maria Ludovica Drudi, Stefano Nobili |
Sep 2021 | Policy Brief | No 180 | Sovereign CDS Volatility as an Indicator of Economic Uncertainty | Maximilian Böck, Martin Feldkircher, Burkhard Raunig |
Sep 2021 | Policy Brief | No 179 | The relevance of trade policy: Evidence from the 19th century | Jacopo Timini |
Sep 2021 | Policy Brief | No 178 | Contagious Zombies | Christian Bittner, Falko Fecht, Co-Pierre Georg |
Sep 2021 | Policy Brief | No 177 | Labor adjustment and productivity dynamics: cross-country evidence and policy implications | Maarten Dossche, Andrea Gazzani, Vivien Lewis |
Sep 2021 | Policy Brief | No 175 | The Liquidity of the Government Bond Market – What Impact Does Quantitative Easing Have? Evidence from Sweden | Marianna Blix Grimaldi, Alberto Crosta, Dong Zhang |
Sep 2021 | Policy Brief | No 173 | An export supply channel of exchange rates | Erik Frohm |
Sep 2021 | Policy Brief | No 172 | Central banks as bank supervisors: how does this double role affect their inflation outcomes? | Vasco Gabriel, Ioannis Lazopoulos, Diana Lima |
Sep 2021 | Policy Brief | No 171 | Curb your enthusiasm: the aggregate short-run effects of a borrower-based measure | Joana Passinhas, Daniel Abreu |
Aug 2021 | Policy Brief | No 165 | Assessment of the effectiveness of the macroprudential measures implemented in the context of the Covid-19 pandemic | Lucas Avezum, Vítor Oliveira, Diogo Serra |
Aug 2021 | Policy Brief | No 159 | On the Effectiveness of Macroprudential Policy | Miguel Ampudia, Marco Lo Duca, Mátyás Farkas, Gabriel Perez Quiros, Mara Pirovano, Gerhard Rünstler, Eugen Tereanu |
Aug 2021 | Policy Brief | No 157 | Covid-19 and Capital Flows: The Responses of Investors to the Responses of Governments | Stefan Goldbach, Volker Nitsch |
Aug 2021 | Policy Brief | No 156 | More aware societies suffered less from Covid-19 | Alejandro Buesa, Javier J. Pérez, Daniel Santabárbara |
Aug 2021 | Policy Brief | No 151 | No country is an island: International cooperation and climate change | Massimo Ferrari, Maria Sole Pagliari |
Aug 2021 | Policy Brief | No 149 | Regulation of crypto-assets is a must for governments and central banks | Daniel Daianu |
Aug 2021 | Policy Brief | No 148 | The role of information channels and experience for households’ inflation expectations | Christian Conrad, Zeno Enders and Alexander Glas |
Aug 2021 | Policy Note | No 250 | Roads for the future: Central Bank Digital Currency (CBDC) and Innovative Payments | François Villeroy de Galhau |
Aug 2021 | Policy Brief | No 144 | A quantitative analysis of the countercyclical capital buffer | Miguel Faria e Castro |
Aug 2021 | Policy Brief | No 143 | The dynamics of macroeconomic downside risk | By Davide Delle Monache, Andrea De Polis and Ivan Petrella |
Jul 2021 | Policy Brief | No 139 | Consistent recovery and resolution of small and large banks in Europe | Anne Dyrberg Rommer, Louise Kleiner |
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 Note | No 249 | Gender, women economic concerns and monetary policy decision-making | Sylvie Goulard |
Jul 2021 | Policy Brief | No 124 | Global Financial Uncertainty: Does it Matter for the Global Business Cycle? | Giovanni Caggiano, Efrem Castelnuovo |
Jun 2021 | Policy Brief | No 118 | The reduction in homeownership rates for the young | Gonzalo Paz-Pardo |
Jun 2021 | Policy Brief | No 116 | The euro area sovereign debt markets in the crisis: role and impact on financial stability perspectives | Denis Beau |
Jun 2021 | Policy Note | No 247 | Not alone: Financial support of the Western Balkans | Mauro Giorgio Marrano |
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 113 | The economics of interest rates and population growth | Jesse Edgerton |
Jun 2021 | Policy Brief | No 108 | Can central bank communication help to stabilise inflation expectations? | Alexander Jung, Patrick Kuehl |
Jun 2021 | Policy Brief | No 103 | A bigger house at the cost of an empty fridge? The effect of households’ indebtedness on their consumption: Micro-evidence using Belgian HFCS data | Philip Du Caju, Guillaume Périlleux, François Rycx, Ilan Tojerow |
Jun 2021 | Policy Note | No 245 | A technical toolkit to monitor a pandemic outbreak from a central bank perspective | Alexie Alupoaiei, Csaba Bálint, Matei Kubinschi |
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 |
Jun 2021 | Policy Brief | No 101 | The interplay between green policy, electricity prices, financial constraints and jobs: firm-level evidence | Gert Bijnens, John Hutchinson, Jozef Konings, Arthur Saint Guilhem |
Jun 2021 | Policy Brief | No 99 | Stress-testing CESEE borrowers in the light of the COVID-19 pandemic | Aleksandra Riedl |
May 2021 | Policy Brief | No 98 | Detecting turning point in the Danish economy in real time – nowcasting in Danmarks Nationalbank during the covid-19 crisis | Jesper Pedersen |
May 2021 | Policy Brief | No 96 | Real interest rates and demographic developments: the role of population growth and migration | Lucas Fuhrer, Nils Herger |
May 2021 | Policy Brief | No 93 | Set-up costs and the financing of young firms | François Derrien, Jean-Stéphane Mésonnier, Guillaume Vuillemey |
May 2021 | Policy Brief | No 91 | Low Interest Rates and the Distribution of Household Debt | Marina Emiris, François Koulischer |
May 2021 | Policy Note | No 240 | What Caused The Resurgence In FDI Screening? | Simon J. Evenett |
May 2021 | Policy Note | No 239 | How to prevent a too restrictive fiscal policy in Europe? | Wim Boonstra |
May 2021 | Policy Note | No 238 | Monetary and Fiscal Policy: Privileged powers, entwined responsibilities | Claudio Borio and Piti Disyatat |
May 2021 | Policy Note | No 237 | Will consumers save the EU recovery? - Insights from the Commission’s consumer survey | Roberta Friz, Fiona Morice |
May 2021 | Policy Note | No 236 | Europe’s growth gap: reconciling Keynes and Schumpeter | François Villeroy de Galhau |
May 2021 | Policy Brief | No 86 | The Bewildering Effects of COVID-19 and Other Recessions on Forecast Accuracy Measurements | Boriss Siliverstovs |
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 80 | Fed’s financial stability concerns and monetary policy | Klodiana Istrefi, Florens Odendahl, Giulia Sestieri |
Apr 2021 | Policy Brief | No 79 | A New Measure of Synthetic Leverage | Daniel Fricke |
Apr 2021 | Policy Note | No 232 | The Macroeconomics of Covid-19 Leverage | Théophile Jégard, Simon Ray |
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 77 | Smoke and Mirrors: On cancelling public debts held by the Eurosystem | Jef Boeckx and Xavier Debrun |
Apr 2021 | Policy Brief | No 75 | Europe: the shock of Covid-19 and the fear of accelerated zombification | Hélène Baudchon, Louis Boisset, Guillaume Derrien, Kenza Charef |
Apr 2021 | Policy Brief | No 74 | The Great Depression, banking crisis, and Keynes’ paradox of thrift | Victor Degorce, Eric Monnet |
Apr 2021 | Policy Brief | No 71 | CESEE’s Macroprudential Policy Response to Covid-19 | Markus Eller, Reiner Martin, Lukas Vashold |
Apr 2021 | Policy Brief | No 70 | The impact of Covid-19 on global value chains | Heli Simola |
Apr 2021 | Policy Brief | No 68 | Banking union - achievements and challenges | Luis de Guindos |
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 64 | Shaken but not deterred: business confidence and Covid-19 in the Euro area | Gene Ambrocio |
Apr 2021 | Policy Brief | No 63 | The role of fiscal policies in the Covid-19 crisis: scope and limitations | Niels Thygesen |
Apr 2021 | Policy Brief | No 61 | A backstop liquidity facility for a greener economy | Eric Jondeau, Benoit Mojon, Cyril Monnet |
Apr 2021 | Policy Note | No 229 | Shifts in the portfolio holdings of euro area investors in the midst of COVID-19: looking-through investment funds | Daniel Carvalho, Martin Schmitz |
Mar 2021 | Policy Brief | No 60 | EU – US: Towards renewed transatlantic cooperation? | Maartje Wijffelaars, Philip Marey |
Mar 2021 | Policy Brief | No 56 | On the Origin of Systemic Risk | Mattia Montagna, Giovanni Covi, Gabriele Torri |
Mar 2021 | Policy Brief | No 55 | Debt cancellation by the ECB: Does it make a difference? | Paul de Grauwe |
Mar 2021 | Policy Brief | No 54 | Are lower bank capital requirements an efficient policy tool for supporting credit to SMEs? | Michel Dietsch, Henri Fraisse, Mathias Lé, Sandrine Lecarpentier |
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 |
Mar 2021 | Policy Brief | No 53 | Who has purchased euro area debt since the start of the health crisis? | Olivier Sirello |
Feb 2021 | Policy Brief | No 52 | Pandemic Recession, Recovery Plan and Helicopter Money: A Tale from the Serenissima | Charles Goodhart, Donato Masciandaro, Stefano Ugolini |
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 48 | Crisis management for medium-sized banks: the case for a European approach | Andrea Enria |
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 44 | The evolution of bond and swap trading | Martin Scheicher |
Feb 2021 | Policy Brief | No 43 | Nowcasting world GDP growth with high-frequency data | Caroline Jardet, Baptiste Meunier |
Jan 2021 | Policy Brief | No 41 | Is inflation dead or hibernating? | Claudio Borio |
Jan 2021 | Policy Note | No 220 | Is the 100% Reserve Reform Finally Getting Topical? | Christian Pfister |
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 218 | Interest rate-growth differentials on government debt: an empirical investigation for the euro area | Cristina Checherita-Westphal and João Domingues Semeano |
Jan 2021 | Policy Note | No 217 | The post-COVID-19 recovery: what challenges and roadmap for the banking industry? | Jordi Gual |
Jan 2021 | Policy Note | No 216 | Capital Buffer Assignments to Other Systemically Important Institutions in the Euro area – Is the Country Heterogeneity in the EU caused by Regulatory Capture? | Michael Sigmund |
Dec 2020 | Policy Note | No 213 | COVID-19 pandemic: Perception, confusion and conspiracies | Stefan Schneider |
Dec 2020 | Policy Note | No 215 | Consequences for banks’ business from COVID-19 and policy responses | Francesco Mazzaferro |
Dec 2020 | Policy Brief | No 38 | Limits of the Market | Paul De Grauwe |
Dec 2020 | Policy Note | No 211 | Preparing for a higher inflation regime | Elga Bartsch, Jean Boivin, Philipp Hildebrand |
Dec 2020 | Policy Note | No 210 | On the risk-adjusted performance of machine learning models in credit default prediction | Andres Alonso, Jose Manuel Carbo |
Nov 2020 | Policy Brief | No 36 | A stronger voice for Europe in global development | Werner Hoyer |
Nov 2020 | Policy Brief | No 37 | In Support of Monetary Policy: Using the Countercyclical Capital Buffer to Avoid a Reversal Interest Rate | Matthieu Darracq Pariès, Christoffer Kok, Matthias Rottner |
Nov 2020 | Policy Note | No 204 | Lessons from the Swedish anti-corona strategy | Lieven Noppe |
Oct 2020 | Policy Note | No 203 | Tracking Covid: What Worked? | Markus Guetschow |
Oct 2020 | Policy Note | No 202 | Policy revolution | Elga Bartsch, Jean Boivin, Stanley Fischer, Philipp Hildebrand |
Oct 2020 | Policy Note | No 201 | Central banks’ response to the “tragedy on the horizon” | François Villeroy de Galhau |
Oct 2020 | Policy Brief | No 33 | Update of the European Fiscal Monitor (September 2020) | Willem-Pieter de Groen, Inna Oliinyk |
Oct 2020 | Policy Note | No 198 | The shadow of fiscal dominance: Misconceptions, perceptions and perspectives | Isabel Schnabel |
Oct 2020 | Policy Note | No 197 | The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival | C.A.E. Goodhart, Manoj Pradhan |
Sep 2020 | Policy Brief | No 30 | Can we expect the economy to rebound rapidly? | Stéphane Dupraz |
Sep 2020 | Policy Note | No 195 | The EU’s “Northern enlargement” 25 years on – stocktaking and some thoughts for the future | Ernest Gnan and Robert Holzmann |
Sep 2020 | Policy Brief | No 28 | Limits and pitfalls of QE in emerging markets | Daniel Daianu |
Sep 2020 | Policy Brief | No 27 | To each crisis its analogy, to each analogy its critical reflection | 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 Brief | No 26 | Global value chains and the challenge of Covid-19 | Antoine Berthou, Juan Carluccio, Guillaume Gaulier |
Sep 2020 | Policy Brief | No 25 | After Coronavirus: Deflation or Inflation? | C.A.E. Goodhart |
Sep 2020 | Policy Note | No 193 | Inclusive payments for the post-pandemic world | Raphael Auer, Jon Frost, Thomas Lammer, Tara Rice, Amber Wadsworth |
Aug 2020 | Policy Note | No 188 | The Growth of Indexing - What is happening, and why? | Craig Lazzara |
Aug 2020 | Policy Brief | No 24 | The big debt surge | Ralph Solveen |
Aug 2020 | Policy Brief | No 23 | Eurozone in times of Covid-19: Debt monetisation by stealth | Peter Vanden Houte |
Aug 2020 | Policy Brief | No 22 | Radical Uncertainty | John Kay |
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 184 | Special Update of the European Fiscal Monitor | Willem-Pieter de Groen, Inna Oliinyk, Sander van Veldhuizen |
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 181 | A sensible fiscal policy for the sharp rise in government debt | Forrest Capie, Meyrick Chapman, Chris Marsh, Geoffrey Wood |
Jun 2020 | Policy Note | No 178 | Covalization: Europe on the Rack Between Globalization and Covid - A Historian’s Perspective on the European Union: Europe and Globalization | Harold James |
Jun 2020 | Policy Note | No 176 | Credit Guarantees in the COVID-19 crisis – Relevance and Economic Impact | Julien Brault, Simone Signore |
Jun 2020 | Policy Note | No 173 | A first look at fiscal dynamics in the Euro area after COVID-19: the case for a shift in the fiscal governance system | Marco Protopapa |
Jun 2020 | Policy Brief | No 15 | There is nothing magic in central bank money | Jean Barthélemy, Adrian Penalver |
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 Brief | No 12 | An ECB digital currency – a flight of fancy? | Yves Mersch |
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 Brief | No 11 | Simulating the distributive effects of the Macron-Merkel Recovery Fund | Friedrich Heinemann |
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 167 | Services are the next – and fast approaching – frontier of global trade and financial services is a sector leading the way | Robert Koopman |
May 2020 | Policy Brief | No 9 | ECB needs to finance Corona budget deficits | Paul De Grauwe |
May 2020 | Policy Brief | No 8 | The currency composition of foreign exchange reserves | Hiro Ito and Robert N McCauley |
May 2020 | Policy Note | No 162 | How large is the coronavirus macro shock? Putting the near-term record-breaking shock in the long-term context | Elga Bartsch, Jean Boivin, Philipp Hildebrand |
May 2020 | Policy Note | No 161 | Shh, don’t say it! ECB Helicopter Money: Economics and Politics | Donato Masciandaro |
Apr 2020 | Policy Brief | No 4 | How the economy will recover from the Corona shock | Jörg Krämer and Bernd Weidensteiner |
Apr 2020 | Policy Note | No 158 | Overview of Central Bank Digital Currency - State of Play | Johannes Duong |
Apr 2020 | Policy Note | No 156 | Navigation tools in the semi-normal corona era | Andy Langenkamp |
Apr 2020 | Policy Note | No 157 | The search for the right European Financing Instruments in the Corona Pandemic - ESM Liquidity Assistance versus Corona Bonds | Friedrich Heinemann |
Apr 2020 | Policy Note | No 151 | Mother Nature: The gender-climate nexus | Jessica Murray |
Apr 2020 | Policy Note | No 148 | Reflections on the health and financial crisis | Jacques de Larosière |
Apr 2020 | Policy Note | No 147 | Does It Fit? Tweeting on Monetary Policy and Central Bank Communication | Donato Masciandaro, Davide Romelli, Gaia Rubera |
Apr 2020 | Policy Note | No 146 | The European Deposit Insurance Scheme: Economic Rationale, Issues and Policy Solutions | Ettore Panetti |
Mar 2020 | Policy Note | No 144 | Euro Area Economics: Putting the OOH into HICP | Jacob Nell, Bruna Skarica, Joao Almeida, Markus Guetschow |
Mar 2020 | Policy Note | No 138 | Euro Area Economics: Greenflation? | Jacob Nell, Joao Almeida, Markus Guetschow |
Mar 2020 | Policy Note | No 136 | Mortgage Lending and Macroprudential Policy in the UK and US | Alan Brener |
Feb 2020 | Policy Note | No 133 | Making sure your bot colleague is less biased than you! | Frank De Jonghe |
Feb 2020 | Policy Note | No 132 | The European Banking Union | Margarita Delgado |
Feb 2020 | Policy Note | No 131 | Populism, Economic Policies and Central Banking: an Overview | Ernest Gnan, Donato Masciandaro |
Feb 2020 | Policy Note | No 128 | Interests and alliances | Klaas Knot |
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 125 | Should central banks also be supervisors: a political economy perspective | Donato Masciandaro |
Dec 2019 | Policy Note | No 119 | Central bank independence and inflation | Ryszard Kokoszczyński, Joanna Mackiewicz-Łyziak |
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 115 | Putting macroprudential policy to work: a case study on the Dutch housing market | Paul Hilbers, Marco van Hengel |
Nov 2019 | Policy Note | No 114 | Central Banking in challenging times | Claudio Borio |
Nov 2019 | Policy Note | No 113 | Ten years after Lehman, is the financial system safer? | Denis Beau |
Nov 2019 | Policy Note | No 111 | Reforming the Stability and Growth Pact: Striving for sustainability while offering room for manoeuvre | Karsten Wendorff |
Oct 2019 | Policy Note | No 109 | The rise of central banks as sovereign debt holders: Implications for investor bases | Alvise Lennkh, Bernhard Bartels, Thibault Vasse |
Oct 2019 | Policy Note | No 106 | Banks’ behavioral reactions to Basel III: mostly as intended | Stefan W. Schmitz |
Oct 2019 | Policy Note | No 105 | Dealing with the next downturn: From unconventional monetary policy to unprecedented policy coordination | Elga Bartsch, Jean Boivin, Stanley Fischer, Philipp Hildebrand |
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 97 | Strengthened EU fiscal framework: fiscal discipline versus economic stabilization | Bernhard Grossmann, Gottfried Haber |
Sep 2019 | Policy Note | No 94 | Escaping the Trap: Secular Stagnation, Monetary Policy and Financial Fragility | Martin Wolf |
Aug 2019 | Policy Note | No 90 | Restricting or Abolishing Cash: An Effective Instrument for Eliminating the Shadow Economy, Corruption and Terrorism? | Friedrich Schneider |
Aug 2019 | Policy Note | No 88 | Mitigating Fiscal Risks from the Financial Sector | Ludger Schuknecht |
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 84 | Main findings from a survey on the long-term impact of Brexit on the UK and EU economies | Patrick Bisciari |
Jul 2019 | Policy Note | No 83 | Global economic governance at a crossroads | Carlo Monticelli |
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 81 | Bilateral Trade Balances Under Focus | Florence Jaumotte |
Jun 2019 | Policy Note | No 80 | A products and activities approach to managing risk in asset management | Barbara Novick |
Jun 2019 | Policy Note | No 76 | Chinese foreign investment: a dangerous obsession or a new normal? Get ready for the latter! | Peter Havlik |
Jun 2019 | Policy Note | No 75 | The future of financial stability: Maintaining effectiveness while reducing complexity | Andreas Ittner |
May 2019 | Policy Note | No 74 | The future of the UK services trade post-Brexit: unlikely to be bright | Olga Pindyuk |
May 2019 | Policy Note | No 72 | Analysing the Economics of BREXIT and World Trade | David T. Llewellyn |
May 2019 | Policy Note | No 71 | Rethinking the Trade-offs for Monetary Policy in an Era of Globalization | Enrique Martínez-García |
Apr 2019 | Policy Note | No 68 | How to assess the adequacy of capital requirements based on internal models? | Susanne Roehrig |
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 |
Mar 2019 | Policy Note | No 60 | Fiscal Rules | Vitor Gaspar, David Amaglobeli |
Jan 2019 | Policy Note | No 51 | Africa needs investments beyond its pockets of growth | Olivier de Boysson, Clément Gillet |
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 |
Nov 2018 | Policy Note | No 46 | Global financial vulnerabilities: Get ready for a bumpy ride | Claudio Borio |
Oct 2018 | Policy Note | No 45 | A plea for a paradigm shift in financial decision-making in the age of climate change and disruptive technologies | Angela Köppl, Sigrid Stagl |
Jun 2018 | Policy Note | No 38 | The future for central bank balance sheets and their potential use as a macroprudential tool | Paul Fisher |
May 2018 | Policy Note | No 34 | Modern financial repression in the euro area crisis: making high public debt sustainable? | Ad van Riet |
May 2018 | Policy Note | No 33 | Populism and Central Bank Independence | Donato Masciandaro, Francesco Passarelli |
May 2018 | Policy Note | No 32 | Central Bank Accountability and Judicial Review | Charles Goodhart, Rosa Lastra |
Mar 2018 | Policy Note | No 28 | Credit conditions and corporate investment in Europe | Laurent Maurin, Rozalia Pal, Philipp-Bastian Brutscher |
Jan 2018 | Policy Note | No 25 | The New Silk Road: Implications for Europe | Stephan Barisitz, Alice Radzyner |
Jan 2018 | Policy Note | No 23 | The occasional importance of the current account in an era of a global savings glut | Jesper Berg, Steffen Lind |
Nov 2017 | Policy Note | No 21 | Risk sharing in EMU: key insights from a literature review | Demosthenes Ioannou, David Schäfer |
Oct 2017 | Policy Note | No 19 | Is cash back? Assessing the recent increase in cash demand | Clemens Jobst, Helmut Stix |
May 2017 | Policy Note | No 12 | (No) worries about the new shape of international capital flows | Matthieu Bussiére, Julia Schmidt, Natacha Valla |
Jan 2017 | Policy Note | No 10 | Bail-ins: Issues of Credibility and Contagion | Clas Wihlborg |
Dec 2016 | Policy Note | No 9 | Two turbulent centuries: Lessons from Austria’s monetary policy, 1816-2016 | Ernest Gnan, Clemens Jobst |
May 2016 | Policy Note | No 7 | Ten Myths in the Brexit Debate | David T. Llewellyn |
Feb 2016 | Policy Note | No 4 | Gender diversity and monetary policy | Donato Masciandaro, Paola Profeta, Davide Romelli |
Dec 2015 | Policy Note | No 3 | Cash without future? Future without cash? A wider view | Christian Beer, Urs W. Birchler, Ernest Gnan |
Oct 2015 | Policy Note | No 2 | Modigliani–Miller, Basel 3 and CRD 4 | Morten Balling |
Sep 2015 | Policy Note | No 1 | What is money and who says so? | Peter R. Fisher |