In September 2015, SUERF launched the SUERF Policy Notes series with focus on current financial, monetary or economic issues, designed for policy makers and financial practitioners, authored by renowned experts.
Date published | SUERF | Issue | Title | Author(s) |
May 2023 | Policy Brief | No 596 | Reforming the Monetary System for the Digital Age | Burkhard Drees, Sunil Sharma |
May 2023 | Policy Brief | No 592 | Debt-for-nature swaps: a two-fold solution for environmental and debt sustainability in developing countries? | Quentin Paul, Romain Svartzman, Pierre-François Weber |
Apr 2023 | Policy Brief | No 569 | Window dressing of Regulatory Metrics: Evidence from Repo Markets | Claudio Bassi, Markus Behn, Michael Grill, Martin Waibel |
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 |
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 534 | Modeling Semiconductor Export Restrictions and the US-China Trade Conflict | Michael Funke, Adrian Wende |
Feb 2023 | Policy Brief | No 522 | Macroprudential FX Regulations: Sacrificing Small Firms for Stability? | María Alejandra Amado |
Feb 2023 | Policy Note | No 300 | Geopolitical scenarios for 2023 and beyond | Franz Eder |
Feb 2023 | Policy Brief | No 519 | Borrower-based regulations push housing demand towards the suburbs | Rikke Rhode Nissen, Alessandro Tang-Andersen Martinello, Simon Juul Hviid, Christian Sinding Bentzen |
Feb 2023 | Policy Brief | No 516 | A scientific illusion in risk management? | José María Roldán |
Jan 2023 | Policy Brief | No 505 | Adjusted regulation can improve capital buffer usability | Ianna Georgieva Yordanova |
Jan 2023 | Policy Note | No 295 | The interplay between too big to fail policies and why it matters | André Ebner, Christiane Westhoff |
Jan 2023 | Policy Brief | No 501 | Going native? How crypto technology may help regulators | Claudia Biancotti |
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 494 | Introducing Green Bank Equity to fund the low-carbon transition | Aaron Janowski |
Nov 2022 | Policy Brief | No 475 | Do stablecoins alter the monetary policy transmission mechanism? | Pietro Cova, Alessandro Notarpietro, Patrizio Pagano, Massimiliano Pisani |
Sep 2022 | Policy Brief | No 423 | Country biases in equity portfolios are less pronounced and less irrational than one might think | Martijn Boermans, Ian Cooper, Piet Sercu, Rosanne Vanpée |
Sep 2022 | Policy Brief | No 416 | The rise of cross-border financial centres | Pamela Pogliani, Philip Wooldridge |
Aug 2022 | Policy Brief | No 406 | Sustainable finance data for central banks: a new Irving Fisher Committee survey | Merve Artman, Pierre Bui Quang, Nadia Esham, Nur Izzati, Leah Kling, David Nefzi, Romana Peronaci, Christine Schlitzer, Christian Schmieder, Ömer Kayhan Seyhun, Bruno Tissot, Elena Triebskorn, Huiming Yang |
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 Brief | No 399 | The effects of internationally coordinated carbon pricing on the economy and welfare | Anne Ernst, Natascha Hinterlang, Alexander Mahle, Nikolai Stähler |
Aug 2022 | Policy Note | No 284 | The design of a data governance system | Siddharth Tiwari, Sharad Sharma, Siddharth Shetty, Frank Packer |
Jun 2022 | Policy Brief | No 362 | On Implementing Macroprudential Policy | Itai Agur, Sunil Sharma |
Jun 2022 | Policy Brief | No 350 | The currency channel of global bank leverage: a boost to fund-raising capacity | Justine Pedrono |
May 2022 | Policy Brief | No 330 | How to regulate crypto currencies | Eduard de Jong |
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 316 | Robert Triffin and the search for Asian Monetary Union | Ivo Maes, Ilaria Pasotti |
Apr 2022 | Policy Brief | No 313 | From open banking to open finance | Denis Beau |
Mar 2022 | Policy Brief | No 299 | When domestic and foreign QE overlap | Paola Di Casola, Pär Stockhammar |
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 |
Feb 2022 | Policy Brief | No 274 | Regulating big tech in the public interest | Agustín Carstens |
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 |
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 259 | Crises as a catalyst for change – lessons from the past, challenges for the future | Jens Weidmann |
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 |
Oct 2021 | Policy Brief | No 210 | Exploring DORA - the Digital Operational Resilience Act and its impact on banks and their supervisors | Joachim Wuermeling |
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 179 | The relevance of trade policy: Evidence from the 19th century | Jacopo Timini |
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 177 | Labor adjustment and productivity dynamics: cross-country evidence and policy implications | Maarten Dossche, Andrea Gazzani, Vivien Lewis |
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 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 Note | No 251 | Green Liquidity Moves Mainstream | Patrick Drury Byrne, Sandeep Chana and Sylvain Broyer |
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 138 | Three questions on the outlook for banking | Carolyn Rogers |
Jul 2021 | Policy Brief | No 134 | Future Challenges: Old Problems in New Shapes | José María Roldán |
Jul 2021 | Policy Brief | No 131 | Investment funds, monetary policy, and the global financial cycle | Christoph Kaufmann |
Jul 2021 | Policy Brief | No 128 | Effects of a European Unemployment Benefit Scheme on consumption risk sharing and production efficiency | Zeno Enders, David Vespermann |
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 107 | Building a more effective financial safety net for poor countries | Bruno Cabrillac, Luc Jacolin |
Jun 2021 | Policy Brief | No 104 | The Economic Case for Global Vaccinations: An Epidemiological Model with International Production Networks | Cem Çakmaklı, Selva Demiralp, Şebnem Kalemli-Özcan, Sevcan Yeşiltaş, Muhammed A. Yıldırım |
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 |
May 2021 | Policy Brief | No 88 | Strengthening the international role of the euro | Gergely Hudecz, Gong Cheng, Edmund Moshammer, Alexander Raabe |
May 2021 | Policy Brief | No 87 | Banking regulation and the benefits of international cooperation – views from a banking supervisor | Joachim Wuermeling |
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 70 | The impact of Covid-19 on global value chains | Heli Simola |
Apr 2021 | Policy Brief | No 69 | Crisis management of credit institutions: Senior unsecured creditors must prepare for bail-in | Christine Sif Larsen, Anne Dyrberg Rommer |
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 |
Mar 2021 | Policy Brief | No 60 | EU – US: Towards renewed transatlantic cooperation? | Maartje Wijffelaars, Philip Marey |
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 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 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 |
Dec 2020 | Policy Note | No 215 | Consequences for banks’ business from COVID-19 and policy responses | Francesco Mazzaferro |
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 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 187 | Measuring Regulatory Complexity | Jean-Edouard Colliard, Co-Pierre Georg |
Jun 2020 | Policy Note | No 175 | Towards a wider international role for the euro | Francesco Papadia, Konstantinos Efstathiou |
Jun 2020 | Policy Note | No 174 | The international role of the euro | Marco Buti |
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 Brief | No 8 | The currency composition of foreign exchange reserves | Hiro Ito and Robert N McCauley |
May 2020 | Policy Note | No 164 | Can we compare the COVID-19 and 2008 crises? | Marc-Olivier Strauss-Kahn |
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 Brief | No 1 | Regulation, Corporate Culture and Individual Responsibility in Banking | David T Llewellyn |
Apr 2020 | Policy Note | No 152 | European banks in the corona crisis | Jan Schildbach |
Apr 2020 | Policy Note | No 148 | Reflections on the health and financial crisis | Jacques de Larosière |
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 134 | Regulating fintech: what is going on, and where are the challenges? | Fernando Restoy |
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 128 | Interests and alliances | Klaas Knot |
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 |
Dec 2019 | Policy Note | No 120 | Investing in Europe’s Competitiveness and Sustainability | Werner Hoyer |
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 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 99 | The euro’s global role: past, present and future | Arnaud Mehl |
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 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 80 | A products and activities approach to managing risk in asset management | Barbara Novick |
May 2019 | Policy Note | No 71 | Rethinking the Trade-offs for Monetary Policy in an Era of Globalization | Enrique Martínez-García |
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 |
Dec 2018 | Policy Note | No 50 | Business models in prudential policies | Isabelle Vaillant, Marina Cernov |
Oct 2018 | Policy Note | No 43 | A Green Supporting Factor — The Right Policy? | Jacob Dankert, Lars van Doorn, Henk Jan Reinders, Olaf Sleijpen |
Sep 2018 | Policy Note | No 42 | Preserving regulatory certainty: The review of insurers’ capital requirements | Gabriel Bernardino |
May 2018 | Policy Note | No 34 | Modern financial repression in the euro area crisis: making high public debt sustainable? | Ad van Riet |
Apr 2018 | Policy Note | No 31 | Opportunities and challenges for banking regulation and supervision in the digital age | José Manuel González-Páramo |
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 21 | Risk sharing in EMU: key insights from a literature review | Demosthenes Ioannou, David Schäfer |
Nov 2017 | Policy Note | No 20 | Recent developments in Chinese shadow banking | Michael Chui, Christian Upper |
May 2016 | Policy Note | No 7 | Ten Myths in the Brexit Debate | David T. Llewellyn |
May 2016 | Policy Note | No 6 | Bank secrecy in offshore centres, capital flows and blacklisting: It takes two to tango | Donato Masciandaro |
Oct 2015 | Policy Note | No 2 | Modigliani–Miller, Basel 3 and CRD 4 | Morten Balling |