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) |
Nov 2023 | Policy Brief | No 726 | How would banks respond to central bank digital currency? | Barbara Meller, Oscar Soons |
Nov 2023 | Policy Brief | No 723 | Analysis of CBDC Narrative by Central Banks using Large Language Models | Andrés Alonso Robisco, José Manuel Carbó |
Oct 2023 | Policy Brief | No 694 | The external financial spillovers of CBDCs | Alessandro Moro, Valerio Nispi Landi |
Jul 2023 | Policy Brief | No 646 | CBDC and business cycle dynamics in a New Monetarist New Keynesian model | Katrin Assenmacher, Lea Bitter, Annukka Ristiniemi |
Jun 2023 | Policy Brief | No 622 | Practical Offline Payments Using One-Time Passcodes | Priscilla Huang, Emmanuel Benoist, Christian Grothoff, Sebastian Javier Marchano |
Jun 2023 | Policy Brief | No 612 | Digital Euro: An assessment of the first two progress reports | Dirk Niepelt |
Jun 2023 | Policy Note | No 312 | Empowering central bank money for a digital future | Martin Diehl, Constantin Drott |
May 2023 | Policy Brief | No 596 | Reforming the Monetary System for the Digital Age | Burkhard Drees, Sunil Sharma |
May 2023 | Policy Brief | No 590 | Is digitalisation the gamechanger it promised to be for firms’ productivity growth? | Robert Anderton, Vasco Botelho, Paul Reimers |
May 2023 | Policy Brief | No 588 | The digital euro: a precautionary device, not a deus-ex-machina | Ignazio Angeloni |
May 2023 | Policy Brief | No 587 | CBDC Policies in Open Economies | Michael Kumhof, Marco Pinchetti, Phurichai Rungcharoenkitkul, Andrej Sokol |
Apr 2023 | Policy Note | No 309 | The Digital Euro (CBDC) as a Monetary Anchor of the Financial System | Peter Bofinger, Thomas Haas |
Feb 2023 | Policy Brief | No 527 | Central Bank digital currencies in Africa: catching up | Enrique Alberola, Ilaria Mattei |
Feb 2023 | Policy Brief | No 526 | Consumption Inequality in the Digital Age | Kai Arvai, Katja Mann |
Nov 2022 | Policy Brief | No 476 | Finance in Africa 2022: Navigating the financial landscape in turbulent times | Colin Bermingham, Barbara Marchitto, Debora Revoltella |
Nov 2022 | Policy Brief | No 475 | Do stablecoins alter the monetary policy transmission mechanism? | Pietro Cova, Alessandro Notarpietro, Patrizio Pagano, Massimiliano Pisani |
Nov 2022 | Policy Brief | No 460 | Demystifying wholesale central bank digital currency | Fabio Panetta |
Oct 2022 | Policy Brief | No 456 | Digital players vs. traditional banks: Fierce competition, higher concentration or a trend towards platformization? | Laurent Clerc, Timothée Dufour, Pierre Harguindeguy, Stefano Ungaro |
Oct 2022 | Policy Brief | No 441 | The digital revolution in banking: The old, the new and the ugly | José María Roldán |
Oct 2022 | Policy Brief | No 439 | The potential of central bank digital currencies for cross-border payments | Anneke Kosse, Ilaria Mattei |
Sep 2022 | Policy Brief | No 426 | Privacy and Central Bank Digital Currency in the Digital Economy | Toni Ahnert, Peter Hoffmann, Cyril Monnet |
Sep 2022 | Policy Brief | No 408 | What can CBDC designers learn from asking potential users? Results from a survey of Austrian residents | Svetlana Abramova, Rainer Böhme, Helmut Elsinger, Helmut Stix, Martin Summer |
Aug 2022 | Policy Note | No 286 | The optimal quantity of CBDC in the euro area | Lorenzo Burlon, Carlos Montes-Galdón, Manuel A. Muñoz, Frank Smets |
Aug 2022 | Policy Brief | No 389 | Digital Endowments and Comparative Advantage | Dario Guarascio, Roman Stöllinger |
Jun 2022 | Policy Brief | No 363 | Stablecoins - DeFi, Libra and beyond | Heike Mai |
Jun 2022 | Policy Note | No 281 | CBDC and Bank Intermediation in the Euro Area | Ramón Adalid, Álvaro Álvarez-Blázquez, Katrin Assenmacher, et al. |
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 |
May 2022 | Policy Note | No 276 | More than an intellectual game: Exploring the monetary policy and financial stability implications of central bank digital currencies | Fabio Panetta |
May 2022 | Policy Brief | No 329 | Digital payment behaviour differs significantly across countries | Jakob Mølgaard Heisel, Marcus Clausen Brock |
Apr 2022 | Policy Brief | No 321 | Would a retail CBDC achieve its intended purpose? | Romain Baeriswyl, Samuel Reynard, Alexandre Swoboda |
Apr 2022 | Policy Note | No 275 | Balancing public and private interests: Crypto, stablecoin and central bank digital currency | Wilko Bolt, Vera Lubbersen, Peter Wierts |
Mar 2022 | Policy Note | No 271 | Financial stability and crypto-assets | Pablo Hernández de Cos |
Mar 2022 | Policy Brief | No 294 | Preparing for the Financial System of the Future | Lael Brainard |
Feb 2022 | Policy Brief | No 274 | Regulating big tech in the public interest | Agustín Carstens |
Feb 2022 | Policy Brief | No 273 | Revisiting the Properties of Money | Isaiah Hull, Or Sattath |
Feb 2022 | Policy Note | No 265 | Austrian conceptions of money and the rise of digital currency | Michael Peneder |
Feb 2022 | Policy Brief | No 270 | Population ageing and the digital divide | Sebastian Doerr, Jon Frost, Leonardo Gambacorta, Han Qiu |
Dec 2021 | Policy Brief | No 250 | Big techs in finance: a new trade-off between efficiency and privacy | Frederic Boissay, Torsten Ehlers, Leonardo Gambacorta, Hyun Song Shin |
Nov 2021 | Policy Brief | No 222 | Central Bank Digital Currencies, Crypto Currencies, and Anonymity: Economics and Experiments | Emanuele Borgonovo, Stefano Caselli, Alessandra Cillo, Donato Masciandaro, Giovanni Rabitti |
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 |
Oct 2021 | Policy Brief | No 210 | Exploring DORA - the Digital Operational Resilience Act and its impact on banks and their supervisors | Joachim Wuermeling |
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 197 | How to Design a CBDC? Remuneration, Collateral Haircuts and Quantity Constraints | Katrin Assenmacher, Aleksander Berentsen, Claus Brand, Nora Lamersdorf |
Sep 2021 | Policy Brief | No 173 | An export supply channel of exchange rates | Erik Frohm |
Aug 2021 | Policy Brief | No 150 | Digital euro has potential in the Netherlands | Michiel Bijlsma, Carin van der Cruijsen, Nicole Jonker and Jelmer Reijerink |
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 146 | Digital payments and European sovereignty | Burkhard Balz |
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 |
Jun 2021 | Policy Brief | No 119 | Six ways to bring inflation (expectations) up | Ernest Gnan |
Jun 2021 | Policy Brief | No 114 | How to issue a privacy-preserving central bank digital currency | Christian Grothoff, Thomas Moser |
May 2021 | Policy Note | No 241 | Digital Disruption: The Inevitable Rise of CBDC | Chetan Ahya, Derrick Kam, Julian Richers |
May 2021 | Policy Brief | No 95 | A digital euro to meet the expectations of Europeans | Fabio Panetta |
May 2021 | Policy Note | No 240 | What Caused The Resurgence In FDI Screening? | Simon J. Evenett |
May 2021 | Policy Brief | No 87 | Banking regulation and the benefits of international cooperation – views from a banking supervisor | Joachim Wuermeling |
May 2021 | Policy Brief | No 85 | Navigating the Digital Transition, Maintaining a Stable Payment System | Denis Beau |
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 |
Feb 2021 | Policy Brief | No 51 | Digital technologies: a source of a productivity rebound? | Gilbert Cette, Sandra Nevoux, Loriane Py |
Feb 2021 | Policy Brief | No 50 | The rise of digital watchers | Till Ebner, Thomas Nellen, Jörn Tenhofen |
Dec 2020 | Policy Brief | No 39 | Thriving in a post-pandemic world | Debora Revoltella, Pedro de Lima |
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 Note | No 193 | Inclusive payments for the post-pandemic world | Raphael Auer, Jon Frost, Thomas Lammer, Tara Rice, Amber Wadsworth |
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 182 | Europe’s answer to Libra – potential and prerequisites of a programmable euro | Andreas Krautscheid, Tobias Tenner, Siegfried Utzig |
Jun 2020 | Policy Note | No 180 | Which factors drive consumers to adopt crypto-assets? Results from an Austrian survey | Helmut Stix |
May 2020 | Policy Brief | No 12 | An ECB digital currency – a flight of fancy? | Yves Mersch |
May 2020 | Policy Note | No 170 | International inflation co-movements | Philip R. Lane |
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 Note | No 165 | Monetary policy implications of digital currencies | Katrin Assenmacher |
Apr 2020 | Policy Note | No 158 | Overview of Central Bank Digital Currency - State of Play | Johannes Duong |
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 2 | Politics and Economics of Global Currencies | Paul De Grauwe |
Mar 2020 | Policy Note | No 143 | Central Bank Digital Currency: A Primer | Christian Pfister |
Feb 2020 | Policy Note | No 129 | How Could Central Bank Digital Currencies Be Designed? | Itai Agur, Anil Ari, Giovanni Dell’Ariccia |
Nov 2019 | Policy Note | No 116 | Following “Libra” German banks say: The economy needs a programmable digital euro | Andreas Krautscheid, Tobias Tenner, Siegfried Utzig |
Oct 2019 | Policy Note | No 108 | Libra – a view from Europe | Heike Mai |
Sep 2019 | Policy Note | No 95 | Controlling CBDC through tiered remuneration | Ulrich Bindseil |
Aug 2019 | Policy Note | No 89 | Central banks still run money creation | Daniel Daianu |
Feb 2019 | Policy Note | No 57 | Creating an enabling environment for innovation and digitalisation | Debora Revoltella, Tim Bending, Christoph Weiss, Philipp-Bastian Brutscher |
Aug 2018 | Policy Note | No 40 | 21st century cash: Central banking, technological innovation and digital currencies | Fabio Panetta |
Apr 2018 | Policy Note | No 31 | Opportunities and challenges for banking regulation and supervision in the digital age | José Manuel González-Páramo |
Jul 2017 | Policy Note | No 14 | Banks or platforms: The digital future | Patricia Jackson |
Jun 2017 | Policy Note | No 13 | The political economy of central banking in the digital age | Sir Paul Tucker |