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Date	Title	Author(s)
21 Jul, 2022	What lessons can we learn from the heterogeneity in inflation expectations among economic agents? Policy Brief 377	Camille Cornand \| University of Lyon Paul Hubert \| Banque de France
14 Jul, 2022	Minibonds and intangibles Policy Brief 373	Gabriele Beccari \| University of Rome Tor Vergata Francesco Marchionne \| The Kelley School of Business Beniamino Pisicoli \| University of Rome Tor Vergata
14 Jul, 2022	Toward a green economy: the role of central bank’s asset purchases Policy Brief 372	Alessandro Ferrari \| European Central Bank (ECB) Valerio Nispi Landi \| Bank of Italy
14 Jul, 2022	A shot in the arm: stimulus packages and firm performance during COVID-19 Policy Brief 375	Deniz Igan \| Bank for International Settlements (BIS) Ali Mirzaei \| American University of Sharjah Tomoe Moore \| Brunel University
14 Jul, 2022	How household savings in CESEE are related to the past and the future Policy Brief 371	Melanie Koch \| Oesterreichische Nationalbank Thomas Scheiber \| Oesterreichische Nationalbank
14 Jul, 2022	Too little too late: ECB’s normalisation path was model- rather than data-driven Policy Brief 370	Daniel Gros \| CEPS Farzaneh Shamsfakhr \| CEPS
14 Jul, 2022	When Are “Inflation Expectations” Inflation Expectations? New Evidence From Business Surveys Policy Brief 374	Brent Meyer \| Federal Reserve Bank of Atlanta Xuguang Simon Sheng \| American University
7 Jul, 2022	The impact of energy efficiency on Belgian house prices Policy Brief 369	Peter Reusens \| National Bank of Belgium Frank Vastmans \| KU Leuven Sven Damen \| University of Antwerp
7 Jul, 2022	Inflation Expectations and Climate Concern Policy Brief 368	Christoph Meinerding \| Deutsche Bundesbank Andrea Poinelli \| Deutsche Bundesbank Yves Schüler \| Deutsche Bundesbank
7 Jul, 2022	The Eurosystem’s bond market share at an all-time high: what does it mean for repo markets? Policy Brief 367	Tomás Carrera de Souza \| De Nederlandsche Bank Tom Hudepohl \| De Nederlandsche Bank
7 Jul, 2022	Firm-level expectations and macroeconomic conditions: underpinnings and disagreement Policy Brief 366	Monique Reid \| Stellenbosch University Pierre Siklos \| Wilfrid Laurier University
7 Jul, 2022	Subjective inflation expectations of households and firms Policy Brief 365	Michael Weber \| University of Chicago
7 Jul, 2022	Uncertainty, non-linear contagion and the credit quality channel: an application to the Spanish interbank market Policy Brief 364	Adrian Carro \| Banco de España Patricia Stupariu \| Banco de España
30 Jun, 2022	On the psychology of inflation and its implications Policy Brief 360	Pascal Blanqué \| Amundi Investment Institute
30 Jun, 2022	The influence of financial corporations on IMF lending: Has it changed with the global financial crisis? Policy Brief 361	Lena Lee Andresen \| Swiss National Bank
30 Jun, 2022	Sanctions in the context of Russia’s invasion of Ukraine Policy Note 283	Cristina Sofia Dias \| European Parliament Kristina Grigaitė \| European Parliament Marcel Magnus \| European Parliament
30 Jun, 2022	Scarring effects of major economic downturns: The role of fiscal policy and government investment Policy Brief 359	Martin Larch \| European Commission Peter Claeys \| College of Europe Wouter van der Wielen \| European Investment Bank (EIB)
30 Jun, 2022	On Implementing Macroprudential Policy Policy Brief 362	Itai Agur \| International Monetary Fund (IMF) Sunil Sharma \| George Washington University
30 Jun, 2022	Stablecoins - DeFi, Libra and beyond Policy Brief 363	Heike Mai \| Deutsche Bank
23 Jun, 2022	Japan’s Sovereign Rating in the Post-Pandemic Era: Quo Vadis? Policy Brief 355	Jinho Choi \| Macroeconomic Research Office (AMRO) Kimi Xu Jiang \| Macroeconomic Research Office (AMRO) Alexander den Ruijter \| European Stability Mechanism (ESM) Edmund Moshammer \| European Stability Mechanism (ESM)
23 Jun, 2022	A Coasian Bargain: Climate Financing to Phase Out Coal Policy Brief 354	Tobias Adrian \| International Monetary Fund (IMF) Patrick Bolton \| Imperial College London Alissa M. Kleinnijenhuis \| Stanford University
23 Jun, 2022	How much is too much? Assessing the non-linear relationship between debt and sovereign creditworthiness Policy Brief 356	Sanne Zwart \| European Investment Bank (EIB)
23 Jun, 2022	Trade and Climate – The Disrupted Nexus Policy Note 282	Stefan P. Schleicher \| University of Graz
23 Jun, 2022	Forecasting Inflation in France: an update of the model used at Banque de France Policy Brief 358	Youssef Ulgazi \| Banque de France Paul Vertier \| Banque de France
23 Jun, 2022	What tax data can tell us about consumption and saving patterns Policy Brief 357	Alain Galli \| Swiss National Bank Rina Rosenblatt-Wisch \| Swiss National Bank
15 Jun, 2022	Currency demand at negative interest rates Policy Brief 351	Edoardo Rainone \| Bank of Italy
15 Jun, 2022	An innovative new measure of human capital to better assess the link between education policies and productivity Policy Brief 352	Balazs Égert \| OECD Christine de la Maisonneuve \| OECD David Turner \| OECD
15 Jun, 2022	The currency channel of global bank leverage: a boost to fund-raising capacity Policy Brief 350	Justine Pedrono \| Banque de France
15 Jun, 2022	How Bad Can Financial Crises Be? A GDP Tail Risk Assessment for Portugal Policy Brief 353	Ivan De Lorenzo Buratta \| Banco de Portugal Marina Feliciano \| London School of Economics Duarte Maia \| Banco de Portugal
15 Jun, 2022	CBDC and Bank Intermediation in the Euro Area Policy Note 281	Ramón Adalid \| European Central Bank (ECB) Álvaro Álvarez-Blázquez \| Bank of England Katrin Assenmacher \| European Central Bank (ECB) Lorenzo Burlon \| European Central Bank (ECB) Maria Dimou \| European Central Bank (ECB) Carolina López-Quiles \| International Monetary Fund (IMF) Natalia Martín Fuentes \| European Central Bank (ECB) Barbara Meller \| European Central Bank (ECB) Manuel A. Muñoz \| European Central Bank (ECB) Petya Radulova \| European Central Bank (ECB) Costanza Rodriguez d’Acri \| European Central Bank (ECB) Tamarah Shakir \| European Central Bank (ECB) Gabriela Šílová \| Morgan Stanley Oscar Soons \| European Central Bank (ECB) Alexia Ventula Veghazy \| European Central Bank (ECB)
9 Jun, 2022	9 stylized facts on productivity Policy Brief 348	Andreas Breitenfellner \| Oesterreichische Nationalbank Robert Holzmann \| Oesterreichische Nationalbank Richard Sellner \| Oesterreichische Nationalbank Maria Silgoner \| Oesterreichische Nationalbank Thomas Zörner \| Oesterreichische Nationalbank
9 Jun, 2022	Sectoral exchange rate pass-through in the euro area Policy Brief 347	Chiara Osbat \| European Central Bank (ECB) Yiqiao Sun \| European Central Bank (ECB) Martin Wagner \| University of Klagenfur
9 Jun, 2022	How do firms respond to demand and supply shocks? Policy Brief 346	Michal Gradzewicz \| Narodowy Bank Polski
9 Jun, 2022	Can banks weather the green transition? The financial risks of increasingly stringent climate policies Policy Brief 345	Marco Belloni \| European Investment Bank (EIB) Friderike Kuik \| European Central Bank (ECB) Luca Mingarelli \| European Central Bank (ECB)
9 Jun, 2022	How does financial openness affect inequality? Policy Brief 349	Stefan Avdjiev \| Bank for International Settlements (BIS) Tsvetana Spasova \| University of Applied Sciences Northwestern Switzerland
6 Jun, 2022	Should the ECB consider issuing its own securities? Policy Note 280	Wim Boonstra \| Rabobank Bas van Geffen \| Rabobank
2 Jun, 2022	Cybersecurity and financial stability Policy Brief 343	Kartik Anand \| Deutsche Bundesbank Chanelle Duley \| University of Auckland Prasanna Gai \| University of Auckland
2 Jun, 2022	Elections Hinder Firms’ Access to Credit Policy Brief 344	Florian Léon \| University Clermont-Auvergne Laurent Weill \| University of Strasbourg
2 Jun, 2022	Economic adjustment in the euro area and the United States during the COVID-19 crisis Policy Brief 341	Mirko Licchetta \| European Commission Giovanni Mattozzi \| European Commission Rafal Raciborski \| Université Libre de Bruxelles Rupert Willis \| European Commission
2 Jun, 2022	Making Subsidies Work: Rules vs. Discretion Policy Brief 342	Federico Cingano \| Bank of Italy Filippo Palomba \| Princeton University Paolo Pinotti \| Bocconi University Enrico Rettore \| University of Padova
25 May, 2022	Optimal Timing of Policy Interventions in Troubled Banks Policy Brief 340	Philipp Johann Koenig \| Deutsche Bundesbank Paul Mayer \| Vienna Graduate School of Finance David Pothier \| University of Vienna
25 May, 2022	Does own wealth and wealth of others matter for life satisfaction? Policy Brief 339	Antje Jantsch \| Leibniz Institute of Agricultural Development in Transition Economies Julia Le Blanc \| European Commission Tobias Schmidt \| Deutsche Bundesbank
25 May, 2022	Does it matter that households disagree about inflation? Policy Brief 337	Alistair Macaulay \| University of Oxford
25 May, 2022	Who comes after us? The correct mindset for designing a Central Bank Digital Currency Policy Note 279	Antoine d’Aligny \| EFREI Paris Emmanuel Benoist \| Bern University of Applied Sciences Florian Dold \| CTO Özgür Kesim \| FU Berlin Christian Grothoff \| Bern University of Applied Sciences Martin Schanzenbach \| Fraunhofer Institute for Applied and Integrated Security
25 May, 2022	Mortgage debt relief after economic shocks: lessons from the pandemic Policy Brief 338	Edward Gaffney \| Central Bank of Ireland Fergal McCann \| Central Bank of Ireland Johannes Stroebel \| New York University Stern School of Business
19 May, 2022	Business resilience in the pandemic and beyond: Adaptation, innovation, financing and climate action from Eastern Europe to Central Asia Policy Brief 336	Luca Gattini \| European Investment Bank (EIB) Rozália Pál \| European Investment Bank (EIB) Helena Schweiger \| European Bank for Reconstruction and Development (EBRD) Laura Valderrama \| International Monetary Fund (IMF)
19 May, 2022	Macroeconomic Implications and Differences of Oil and Gas Price Shocks Policy Brief 335	Thomas Zörner \| Oesterreichische Nationalbank Nico Petz \| University of Salzburg
19 May, 2022	The local presence of global banks Policy Brief 334	Iñaki Aldasoro \| Bank for International Settlements (BIS) John Caparusso \| Bank for International Settlements (BIS) Yingyuan Chen \| International Monetary Fund (IMF)
19 May, 2022	Monitoring Narratives: an Application to the Equity Market Policy Note 278	Pascal Blanqué \| Amundi Mohamed Ben Slimane \| Amundi Amina Cherief \| Amundi Théo Le Guenedal \| Amundi Takaya Sekine \| Amundi Lauren Stagnol \| Amundi
12 May, 2022	More than an intellectual game: Exploring the monetary policy and financial stability implications of central bank digital currencies Policy Note 276	Fabio Panetta \| European Central Bank (ECB)

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SUERF Policy Notes & Briefs