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Date	Title	Author(s)
10 Jun, 2021	A bigger house at the cost of an empty fridge? The effect of households’ indebtedness on their consumption: Micro-evidence using Belgian HFCS data Policy Brief 103	Philip du Caju \| National Bank of Belgium Guillaume Périlleux \| Université Libre de Bruxelles François Rycx i \| Université Libre de Bruxelles Ilan Tojerow \| Université Libre de Bruxelles
10 Jun, 2021	A technical toolkit to monitor a pandemic outbreak from a central bank perspective Policy Note 245	Alexie Alupoaiei \| National Bank of Romania Csaba Bálint \| National Bank of Romania Matei Kubinschi \| National Bank of Romania
2 Jun, 2021	Stress-testing CESEE borrowers in the light of the COVID-19 pandemic Policy Brief 99	Aleksandra Riedl \| Oesterreichische Nationalbank
2 Jun, 2021	Shocks to bank capital as a driver of lending standards to corporates. What can macroprudential policy learn from bank lending surveys? Policy Brief 100	Ewa Wróbel \| Narodowy Bank Polski
2 Jun, 2021	Assessing the impact of Basel III: Evidence from macroeconomic models Policy Brief 102	Olivier de Bandt \| Banque de France Bora Durdu \| Federal Reserve Board Hibiki Ichiue \| Bank of Japan Yasin Mimir \| Norges Bank Jolan Mohimont \| National Bank of Belgium Kalin Nikolov \| European Central Bank (ECB) Sigrid Röhrs \| Deutsche Bundesbank Jean-Guillaume Sahuc \| Banque de France Valerio Scalone \| Banque de France Michael Straughan \| Bank of England
2 Jun, 2021	The interplay between green policy, electricity prices, financial constraints and jobs: firm-level evidence Policy Brief 101	Gert Bijnens \| National Bank of Belgium John Hutchinson \| European Central Bank (ECB) Jozef Konings \| KU Leuven Arthur Saint Guilhem \| European Central Bank (ECB)
2 Jun, 2021	What does research say about the effects of central bank balance sheet policies? Policy Note 243	Paola Di Casola \| Sveriges Riksbank
2 Jun, 2021	Does the upturn in Eurozone money growth imply 5% inflation? Policy Note 242	Tim Congdon \| Institute of International Monetary Research
27 May, 2021	Stress-Testing Net Trading Income: The Case of European Banks Policy Brief 97	Frances Shaw \| European Central Bank (ECB) Carla Giglio \| European Central Bank (ECB) Nicolas Syrichas \| Goethe University Frankfurt Giuseppe Cappelletti \| Bank of Italy
27 May, 2021	Real interest rates and demographic developments: the role of population growth and migration Policy Brief 96	Lucas Marc Fuhrer \| Swiss National Bank Nils Herger \| University of Bern
27 May, 2021	Detecting turning point in the Danish economy in real time – nowcasting in Danmarks Nationalbank during the covid-19 crisis Policy Brief 98	Jesper Pedersen \| Danmarks Nationalbank
27 May, 2021	Digital Disruption: The Inevitable Rise of CBDC Policy Note 241	Chetan Ahya i \| Morgan Stanley Derrick Kam \| Morgan Stanley Julian Richers \| Morgan Stanley
20 May, 2021	Climate risks and collateral: a methodological experiment Policy Brief 94	Pierre-Francois Weber \| Banque de France Bünyamin Erkan \| Banque de France Antoine Oustry \| Ecole Polytechnique Romain Svartzman \| Banque de France
20 May, 2021	Will consumers save the EU recovery? - Insights from the Commission’s consumer survey Policy Note 237	Roberta Friz \| European Commission Fiona Morice \| European Commission
20 May, 2021	Monetary and Fiscal Policy: Privileged powers, entwined responsibilities Policy Note 238	Claudio Borio \| Bank for International Settlements (BIS) Piti Disyatat \| Bank for International Settlements (BIS)
20 May, 2021	What Caused The Resurgence In FDI Screening? Policy Note 240	Simon Evenett \| University of St.Gallen
20 May, 2021	The pandemic year from a consumer behaviour perspective: The Slovak experience Policy Brief 92	Milan Gylánik \| National Bank of Slovakia Viera Mráziková \| National Bank of Slovakia Roman Vrbovský \| National Bank of Slovakia
20 May, 2021	Set-up costs and the financing of young firms Policy Brief 93	François Derrien \| HEC Paris Jean-Stéphane Mésonnier \| Banque de France Guillaume Vuillemey \| HEC Paris
20 May, 2021	How to prevent a too restrictive fiscal policy in Europe? Policy Note 239	Wim Boonstra \| Rabobank
20 May, 2021	A digital euro to meet the expectations of Europeans Policy Brief 95	Fabio Panetta \| European Central Bank (ECB)
20 May, 2021	Low Interest Rates and the Distribution of Household Debt Policy Brief 91	Marina Emiris \| National Bank of Belgium Francois Koulischer \| University of Luxembourg
12 May, 2021	SPACs (special purpose acquisition companies) Policy Brief 90	Mario Hübler \| Oesterreichische Nationalbank Jakob Hanzl \| Oesterreichische Nationalbank Christoph Prenner \| Oesterreichische Nationalbank
12 May, 2021	Foreclosures and House Prices Policy Brief 89	Michele Loberto \| Bank of Italy
12 May, 2021	Banking regulation and the benefits of international cooperation – views from a banking supervisor Policy Brief 87	Joachim Wuermeling \| Deutsche Bundesbank
12 May, 2021	Strengthening the international role of the euro Policy Brief 88	Gergely Hudecz \| European Stability Mechanism (ESM) Gong Cheng \| Bank for International Settlements (BIS) Edmund Moshammer \| European Stability Mechanism (ESM) Alexander Raabe \| European Stability Mechanism (ESM)
12 May, 2021	Europe’s growth gap: reconciling Keynes and Schumpeter Policy Note 236	François Villeroy de Galhau \| Banque de France
6 May, 2021	Data sharing for better policy making Policy Brief 84	Claudia Buch \| Deutsche Bundesbank
6 May, 2021	Navigating the Digital Transition, Maintaining a Stable Payment System Policy Brief 85	Denis Beau \| Banque de France
6 May, 2021	Negative Interest Rate Policy – The Experience So Far Policy Note 235	Luis Brandao-Marques \| International Monetary Fund (IMF) Marco Casiraghi \| International Monetary Fund (IMF) Gaston Gelos \| International Monetary Fund (IMF) Gunes Kamber \| International Monetary Fund (IMF) Roland Meeks \| International Monetary Fund (IMF)
6 May, 2021	The Bewildering Effects of COVID-19 and Other Recessions on Forecast Accuracy Measurements Policy Brief 86	Boriss Siliverstovs \| Bank of Latvia
6 May, 2021	Building-back-better after the Covid-19 crisis in Europe: The twin transition and divergence Policy Note 234	Marco Buti \| European Commission István P. Székely \| European Commission
30 Apr, 2021	Zero Covid: fewer deaths and much less contraction in GDP Policy Brief 83	Cécile Philippe \| Institut économique Molinari Nicolas Marques \| Institut économique Molinari
29 Apr, 2021	Fed’s financial stability concerns and monetary policy Policy Brief 80	Klodiana Istrefi \| Banque de France Florens Odendahl \| Banco de España Giulia Sestieri \| Banque de France
29 Apr, 2021	A New Measure of Synthetic Leverage Policy Brief 79	Daniel Fricke \| Deutsche Bundesbank
29 Apr, 2021	How the Capital Markets Union can help Europe avoid a liquidity trap Policy Brief 81	Sylvain Broyer \| S&P Global Ratings
29 Apr, 2021	How should the COVID restrictions in England be eased? Policy Note 233	David Miles \| Imperial College London Adrian Heald \| St. Peters College Oxford Mike Stedman \| St. Peters College Oxford
29 Apr, 2021	The Macroeconomics of Covid-19 Leverage Policy Note 232	Simon Ray \| Société Générale Théophile Jégard \| Sciences Po
29 Apr, 2021	The banking supervisors dilemma: wearing many hats on one head Policy Brief 82	Sasin Kirakul \| Bank of Thailand Jeffery Yong \| Bank for International Settlements (BIS) Raihan Zamil \| Bank for International Settlements (BIS)
22 Apr, 2021	Smoke and Mirrors: On cancelling public debts held by the Eurosystem Policy Brief 77	Jef Boeckx \| National Bank of Belgium Xavier Debrun \| National Bank of Belgium
22 Apr, 2021	Not all debt is bank debt: Nonbank borrowing in Central, Eastern and Southeastern Europe Policy Brief 78	Katharina Allinger \| Oesterreichische Nationalbank Elisabeth Beckmann \| Oesterreichische Nationalbank
22 Apr, 2021	The Impact of COVID-19 on European Banks Policy Brief 76	Shekhar Aiyar \| International Monetary Fund (IMF) Mai Chi Dao \| International Monetary Fund (IMF) Andreas (Andy) Jobst \| International Monetary Fund (IMF) Aiko Mineshima \| International Monetary Fund (IMF) Srobona Mitra \| International Monetary Fund (IMF) Mahmood Pradhan \| International Monetary Fund (IMF)
22 Apr, 2021	Europe: the shock of Covid-19 and the fear of accelerated zombification Policy Brief 75	Hélène Baudchon \| BNP Paribas Louis Boisset \| BNP Paribas Guillaume Derrien \| BNP Paribas Kenza Charef \| BNP Paribas
22 Apr, 2021	The Great Depression, banking crisis, and Keynes’ paradox of thrift Policy Brief 74	Victor Degorce \| EHESS Eric Monnet \| EHESS
22 Apr, 2021	The Saving and Employment Effects of Higher Job Loss Risk Policy Brief 73	Ragnar E. Juelsrud \| Norges Bank Ella Getz Wold \| Norges Bank
16 Apr, 2021	The challenges to the banking sector a year after the outbreak of the COVID-19 pandemic Policy Note 231	Pablo Hernández de Cos \| Banco de España
15 Apr, 2021	The impact of Covid-19 on global value chains Policy Brief 70	Heli Simola \| Bank of Finland
15 Apr, 2021	Banking union - achievements and challenges Policy Brief 68	Luis de Guindos \| European Central Bank (ECB)
15 Apr, 2021	Uncertainty Is Not an Excuse. Integrating Climate Risks into Monetary Policy Operations and Financial Supervision Policy Brief 72	Julia Anna Bingler \| ETH Zurich Chiara Colesanti Senni \| Council on Economic Policies (CEP) Pierre Monnin \| Council on Economic Policies (CEP)
15 Apr, 2021	CESEE’s Macroprudential Policy Response to Covid-19 Policy Brief 71	Markus Eller \| Oesterreichische Nationalbank Reiner Martin \| Joint Vienna Institute (JVI) Lukas Vashold \| Vienna University of Economics and Business
15 Apr, 2021	Crisis management of credit institutions: Senior unsecured creditors must prepare for bail-in Policy Brief 69	Christine Sif Larsen \| Danmarks Nationalbank Anne Dyrberg Rommer \| Danmarks Nationalbank

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SUERF Policy Notes & Briefs