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Date Title Author(s)
5 Feb, 2026 The vulnerability channel: Assessing the impact of financial conditions on the output gap
Policy Note
393

Ivan De Lorenzo Buratta | Prometeia

Diana Lima | Banco de Portugal

5 Feb, 2026 Diversifying sovereign risk in the euro-area: Empirical analysis of different policy proposals
Policy Note
392

Christian E. Castro | CaixaBank

Angel Estrada | Banco de España

Gonzalo Fernandez-Dionis | International Monetary Fund (IMF)

5 Feb, 2026 The natural rate of interest: Connecting macroeconomics and finance
Policy Brief
1360

Claus Brand | European Central Bank (ECB)

Gavin Goy | De Nederlandsche Bank (DNB)

Wolfgang Lemke | European Central Bank (ECB)

5 Feb, 2026 Flattening the curve on societal crisis: Lessons from history
Policy Brief
1359

Daniel Hoyer | Societal Dynamics (SoDy)

Pieter Francois | University of Oxford

Jenny Reddish | Complexity Science Hub Vienna

James S. Bennett | Societal Dynamics (SoDy)

Peter Turchin | Complexity Science Hub Vienna

5 Feb, 2026 From potential to practice: AI exposure and adoption in European industries
Policy Brief
1358

Elisabeth Falck | Deutsche Bundesbank

Oke Röhe | Deutsche Bundesbank

5 Feb, 2026 Systemic implications of financial inclusion
Policy Brief
1357

Sami Ben Naceur | International Monetary Fund (IMF)

Bertrand Candelon | UCLouvain

Farah Mugrabi | Central Bank of Ireland

5 Feb, 2026 Decoding structural shocks in the global oil market
Policy Brief
1356

Irma Alonso‑Alvarez | Banco de España

Daniel Santabárbara | Banco de España

29 Jan, 2026 Making not saving the hard choice in Europe
Policy Note
391

Apostolos Thomadakis | CEPS

Marie Brière | Amundi Investment Institute

29 Jan, 2026 Artificial intelligence and systemic risk
Policy Note
390

Stephen Cecchetti | Brandeis University

Robin L. Lumsdaine | American University

Tuomas Peltonen | European Systemic Risk Board

Antonio Sánchez Serrano | European Systemic Risk Board

29 Jan, 2026 Crowding out could limit the inflationary impact of permanently higher expenditure on European defence capabilities
Policy Brief
1355

Daragh Clancy | Central Bank of Ireland

Matija Lozej | Central Bank of Ireland

29 Jan, 2026 What can newspaper articles reveal about the euro area economy?
Policy Brief
1354

Manuel Medina Magro | University of Alicante

Lorena Saiz | European Central Bank (ECB)

29 Jan, 2026 A simple model of geopolitical risk and sanctions
Policy Brief
1353

Vivien Lewis | Deutsche Bundesbank

Sirikorn Puangjit | Deutsche Bundesbank

29 Jan, 2026 Through the silicon crystal ball: imagining futures for a European AI ecosystem of excellence
Policy Brief
1352

Nicoleta Kyosovska | CEPS

Harry Crichton-Miller | CEPS

22 Jan, 2026 Digital finance in a geopolitically fragmented world
Policy Note
389

Rashad Ahmed | Andersen Institute for Finance and Economics

James Clouse | Andersen Institute for Finance and Economics

Fabio Natalucci | Andersen Institute for Finance and Economics

Alessandro Rebucci | Andersen Institute for Finance and Economics

22 Jan, 2026 The impact of public defence R&D spending on private R&D spending
Policy Brief
1351

Robert Kraemer | European Commission

Francesco Tomasone | Università la Sapienza

Silvia Calò | European Stability Mechanism (ESM)

22 Jan, 2026 Can environmental factors affect capital flows to emerging markets?
Policy Brief
1350

Jose Aurazo | Bank for International Settlements (BIS)

Rafael Guerra | Bank for International Settlements (BIS)

Pablo Tomasini | Bank for International Settlements (BIS)

Alexandre Tombini | Bank for International Settlements (BIS)

Christian Upper | Bank for International Settlements (BIS)

22 Jan, 2026 Redefining urban resilience: A data-driven analysis of post-pandemic housing preferences in Vienna
Policy Brief
1349

Fabian Braesemann | University of Oxford

22 Jan, 2026 An econometric investigation on the stability of stablecoins: Are these coins stable or is their stability just a flip of the coin?
Policy Brief
1348

Lala AlAsadi | De Nederlandsche Bank

Oluwasegun Bewaji | Cognitive Macroeconomics

Aayush Gugnani | University of Ottawa

Tarush Gupta | University of Ottawa

Ronald Heijmans | De Nederlandsche Bank

22 Jan, 2026 Not all geopolitical shocks are alike: The role of energy markets
Policy Brief
1347

Marco Pinchetti | Banque de France

15 Jan, 2026 The German inflation-linked bond paradox: Issuance stopped, yet safety premium and liquidity remain intact
Policy Brief
1346

Jens Christensen | Federal Reserve Bank of San Francisco

Sarah Mouabbi | Bank of France

Caroline Paulson | Federal Reserve Bank of San Francisco

15 Jan, 2026 The asymmetric and heterogeneous pass-through of input prices to firms' expectations and decisions
Policy Brief
1345

Fiorella De Fiore | Bank for International Settlements (BIS)

Marco Jacopo Lombardi | Bank for International Settlements (BIS)

Giacomo Mangiante | Bank of Italy

15 Jan, 2026 Monetary policy shocks and narrative restrictions: why policy rules matter
Policy Brief
1344

Efrem Castelnuovo | University of Padova

Giovanni Pellegrino | University of Padova

Laust Særkjær | Aarhus University

15 Jan, 2026 When ownership changes, their banks change too: How acquisitions reshape corporate bank relationships in Europe
Policy Brief
1343

Steven Poelhekke | Vrije University Amsterdam

Razvan Vlahu | De Nederlandsche Bank

Vadym Volosovych | Erasmus University Rotterdam

15 Jan, 2026 Understanding hedge fund leverage targeting and fire sales
Policy Brief
1342

Will Kerry | Financial Stability Board (FSB)

Ulf Lewrick | Bank for International Settlements (BIS)

Christian Schmieder | Bank for International Settlements (BIS)

15 Jan, 2026 Politics will tear us apart, again. Geopolitical risk, fragmentation, and capital flows
Policy Brief
1341

Marco Albori | Bank of Italy

15 Jan, 2026 How does life experience of central bank leaders affect monetary policy?
Policy Brief
1340

Carlos Madeira | Central Bank of Chile

8 Jan, 2026 Bail-in and financial stability: is it fit for purpose?
Policy Note
388

Maurizio Trapanese | Bank of Italy

8 Jan, 2026 Designing a digital euro: Lessons from Austrian consumers
Policy Brief
1339

Helmut Elsinger | Oesterreichische Nationalbank (OeNB)

Helmut Stix | Oesterreichische Nationalbank (OeNB)

Martin Summer | Oesterreichische Nationalbank (OeNB)

8 Jan, 2026 Corporate margins and inflation during the post covid-19 period in the euro area
Policy Brief
1338

Mirko Licchetta | European Commission

Giovanni Mattozzi | European Commission

8 Jan, 2026 How foreign demand for safety creates instability
Policy Brief
1337

Madalen Castells-Jauregui | European Central Bank (ECB)

Dmitry Kuvshinov | Universitat Pompeu Fabra

Björn Richter | Nova School of Business and Economics

Victoria Vanasco | Centre De Recerca En Economia Internacional (CREI)

8 Jan, 2026 The hidden maturity of non-maturing deposits: How banks model it
Policy Brief
1336

Lara Coulier | European Central Bank (ECB)

Cosimo Pancaro | European Central Bank (ECB)

Livia Pancotto | University of Strathclyde

Alessio Reghezza | European Central Bank (ECB)

8 Jan, 2026 What are the regional and national effects of natural disasters, and what role does property insurance play?
Policy Brief
1335

Álvaro Fernández-Gallardo | Banco de España

18 Dec, 2025 Housing in the European Union: Market Developments, Underlying Drivers, and Policies
Policy Note
387

Guillaume Cousin | European Commission

Christine Frayne | European Commission

Vítor Dias Martins | European Commission

Bořek Vašíček | European Commission

18 Dec, 2025 From Weather to Wallet: How Seasonal Temperature Shocks Shape Global Food Commodity Prices
Policy Brief
1334

Elisabeth Falck | Deutsche Bundesbank

Patrick Schulte | Deutsche Bundesbank

18 Dec, 2025 How much has the EU Single Market boosted trade? New insights from cutting-edge econometric methods
Policy Brief
1333

Arne Nagengast | Deutsche Bundesbank

Fernando Rios-Avila | Universidad Privada Boliviana

Yoto V. Yotov | Drexel University

18 Dec, 2025 The reduction in bank branches and rising digital reliance: evidence on households’ access to financial services
Policy Brief
1332

Gioia M. Mariani | Bank of Italy

Andrea Orame | Bank of Italy

Ilaria Supino | Bank of Italy

18 Dec, 2025 The effects of monetary policy on banks and non-banks in times of stress
Policy Brief
1331

Anisa Tiza Mimun | European Central Bank (ECB)

Matthias Sydow | European Central Bank (ECB)

18 Dec, 2025 Global Risk Aversion and the Term Premium Gap in Emerging Market Economies
Policy Brief
1330

Marco Flaccadoro | Bank of Italy

Stefania Villa | Bank of Italy

18 Dec, 2025 Is Geopolitical Fragmentation Impacting Global Migration Patterns?
Policy Brief
1329

Anna Katharina Raggl | Oesterreichische Nationalbank

Paul Ramskogler | Oesterreichische Nationalbank

18 Dec, 2025 Information frictions inside a bank: Evidence from borrower switching between branches
Policy Brief
1328

Di Gong | University of International Business and Economics

Steven Ongena | University of Zurich

Shusen Qi | Xiamen University

Yanxin Yu | University of International Business and Economics

11 Dec, 2025 The transmission of monetary policy: financial conditions and credit dynamics
Policy Note
386

Philip R. Lane | European Central Bank (ECB)

11 Dec, 2025 Should Open Finance exclude gatekeepers in the EU? A proportionate path through reinforced supervision
Policy Note
385

Judith Arnal | CEPS

Fredrik Andersson | CEPS

11 Dec, 2025 AI News Shocks, Patents and the Macroeconomy
Policy Brief
1327

Anastasios Evgenidis | Royal Holloway University of London

Apostolos Fasianos | University of Macedonia

11 Dec, 2025 Macroeconomic effects of import tariffs on the euro area
Policy Brief
1326

Anna Bartocci | Bank of Italy

Alessandro Cantelmo | Bank of Italy

Pietro Cova | Bank of Italy

Alessandro Notarpietro | Bank of Italy

Massimiliano Pisani | Bank of Italy

11 Dec, 2025 Macroeconomic Drivers of Public Confidence in Institutions
Policy Brief
1325

Vladimir Otrachshenko | National Bank of Slovakia

Olga Popova | Leibniz Institute for East and Southeast European Studies

11 Dec, 2025 Cross-border spillovers of bank regulations: Evidence of a trade channel
Policy Brief
1324

Maria Alejandra Amado | Banco de España

Carlos Burga | Pontificia Universidad Católica de Chile (PUC-Chile)

Jose E. Gutierrez | Banco de España

11 Dec, 2025 Industrial Policies and Firm Performance: A Nuanced Relationship
Policy Brief
1323

Sandra Baquie | International Monetary Fund (IMF)

Yueling Huang | International Monetary Fund (IMF)

Florence Jaumotte | International Monetary Fund (IMF)

Jaden Kim | International Monetary Fund (IMF)

Rafael Machado Parente | International Monetary Fund (IMF)

Samuel Pienknagura | International Monetary Fund (IMF)

4 Dec, 2025 Europe’s biomethane landscape: Between ambition and reality
Policy Note
384

Boglárka (Bogi) Márkus | RaboResearch

4 Dec, 2025 Additionality: Assessing the Marginal Impact of Green Investment
Policy Note
383

Andreas Breitenfellner | Oesterreichische Nationalbank

Anna Gohm | Wirtschaftsuniversität Wien

4 Dec, 2025 When Margins Call: Strengthening Liquidity Preparedness in Non-Bank Finance
Policy Brief
1322

Valentina Macchiati | Bank of England

Lorenzo Cappiello | European Central Bank (ECB)

Margherita Giuzio | European Central Bank (ECB)

Annalaura Ianiro | European Central Bank (ECB)

Fabrizio Lillo | Scuola Normale Superiore

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