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SUERF Policy Notes

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 publishedSUERFIssueTitleAuthor(s)
Nov 2023Policy BriefNo 750Easier said than done: Predicting downside risks to house prices in CroatiaTihana Škrinjarić, Maja Sabol
Nov 2023Policy BriefNo 734Macroprudential stance assessment: problems of measurement and literature reviewTihana Škrinjarić
Nov 2023Policy BriefNo 730Inflation expectations in CESEE are shaped by the sentiment and experiences of individualsKatharina Allinger, Fabio Rumler
Nov 2023Policy BriefNo 725Do firms listen when the ECB speaks? The impact of monetary policy shocks on firms’ bank loan expectationsAnnalisa Ferrando, Caterina Forti Grazzini
Nov 2023Policy BriefNo 722High Debt Levels Can Impede Monetary PolicyLuis Brandao-Marques, Marco Casiraghi, Gaston Gelos, Olamide Harrison, Gunes Kamber
Sep 2023Policy BriefNo 686The long-term effects of inflation on inflation expectationsFabio Braggion, Felix von Meyerinck, Nic Schaub, Michael Weber
Sep 2023Policy BriefNo 683Can monetary policy ignore financial stability risks?Sulkhan Chavleishvili, Manfred Kremer, Frederik Lund-Thomsen
Sep 2023Policy NoteNo 319Stylised facts on the effectiveness of macroprudential policyPedro Duarte Neves
Aug 2023Policy BriefNo 669Could Green Growth Be An Oxymoron?Paul Gruenwald
Aug 2023Policy BriefNo 663The drivers of market-based inflation expectations in the euro area and in the USChristian Höynck, Luca Rossi
Aug 2023Policy NoteNo 317The European Commission Proposals for Reform of the Stability and Growth Pact: On the right track but not there yetJakob de Haan, Fabian Amtenbrink
Aug 2023Policy BriefNo 651Identifying money and inflation expectation shocks on real oil pricesSzilard Benk, Max Gillman
Jul 2023Policy BriefNo 642House price expectations and inflation expectations: Evidence from survey dataVedanta Dhamija, Ricardo Nunes, Roshni Tara
Jul 2023Policy BriefNo 640Solving the enforcement dilemma of the EU fiscal rulesPaul Dermine, Martin Larch
Jul 2023Policy BriefNo 639Money growth and consumer price inflation in the euro areaMartin Mandler, Michael Scharnagl
Jul 2023Policy NoteNo 314Has monetary policy changed for good? A retrospective on recent history and implications going forwardStefano Neri
Jul 2023Policy BriefNo 6342020s vs 1970s: echoes, not a replayMonica Defend, Vincent Mortier
May 2023Policy BriefNo 590Is digitalisation the gamechanger it promised to be for firms’ productivity growth?Robert Anderton, Vasco Botelho, Paul Reimers
May 2023Policy BriefNo 589The environmental goods and services sector is the keystone of net zero: Let’s subsidize it!Eric Jondeau, Grégory Levieuge, Jean-Guillaume Sahuc, Gauthier Vermandel
Apr 2023Policy BriefNo 567Catching the green-tech train: technology and climate change mitigationClaire Alestra, Gilbert Cette, Valérie Chouard, Rémy Lecat
Apr 2023Policy BriefNo 559Will the Green Transition Be Inflationary? Expectations MatterAlessandro Ferrari, Valerio Nispi Landi
Jan 2023Policy BriefNo 509EU fiscal rules 2.0, more carrot than stick plus greenwashing?Matthias Reith, Gunter Deuber
Oct 2022Policy BriefNo 437Is a global factor driving bond yields lately?Mattia Girotti, Guillaume Horny, Adrian Penalver, Anna Petronevich
Oct 2022Policy BriefNo 434Growth Expectations and the Dynamics of EntryEnisse Kharroubi
Sep 2022Policy BriefNo 431Consumer Inflation Expectations and Regional Price ChangesTomasz Łyziak, Michael Pedersen, Ewa Stanisławska
Sep 2022Policy BriefNo 422Job polarisation decreases the access to credit in Europe Michele Cantarella, Ilja Kristian Kavonius
Sep 2022Policy BriefNo 411Subjective Expectations and UncertaintyAndrzej Kocięcki, Tomasz Łyziak, Ewa Stanisławska
Sep 2022Policy BriefNo 407Household inflation expectations react to high euro area inflationGabriele Galati, Richhild Moessner, Maarten van Rooij
Aug 2022Policy BriefNo 396The pass-through from inflation perceptions to inflation expectationsStefanie J. Huber, Daria Minina, Tobias Schmidt
Aug 2022Policy BriefNo 393Stagflation in the 1970s: lessons for the current situationAlmira Enders, Sebastian Giesen, Dominic Quint
Aug 2022Policy BriefNo 392Consumption-led expansions lead to lower growthMatti Viren
Aug 2022Policy BriefNo 390Dissent in the ECB’s Governing Council Increases Households’ Inflation UncertaintyMoritz Grebe, Peter Tillmann
Jul 2022Policy BriefNo 379 Firms’ Inflation Expectations: New Evidence from FranceOlivier Coibion, Erwan Gautier, Yuriy Gorodnichenko, Frédérique Savignac
Jul 2022Policy BriefNo 378Estimating Growth-at-Risk: Insights from a Structural Nonlinear ModelMatthias Rottner
Jul 2022Policy BriefNo 377What lessons can we learn from the heterogeneity in inflation expectations among economic agents?Camille Cornand, Paul Hubert
Jul 2022Policy BriefNo 374When Are “Inflation Expectations” Inflation Expectations? New Evidence From Business SurveysBrent H. Meyer, Xuguang Simon Sheng
Jul 2022Policy BriefNo 368Inflation Expectations and Climate ConcernChristoph Meinerding, Andrea Poinelli, Yves Schüler
Jun 2022Policy BriefNo 360On the psychology of inflation and its implicationsPascal Blanqué
May 2022Policy BriefNo 337Does it matter that households disagree about inflation?Alistair Macaulay
Apr 2022Policy NoteNo 273The return of inflationAgustín Carstens
Apr 2022Policy BriefNo 312Household Uncertainty and InflationGene Ambrocio
Apr 2022Policy BriefNo 311Making Sense of Consumers’ Inflation ExpectationsLovisa Reiche, Aidan Meyler, Christian Gayer
Mar 2022Policy NoteNo 272Financing Faster Growth For Europe’s SMEsSylvain Broyer, Sarah Limbach, Cihan Duran
Mar 2022Policy NoteNo 270Will the supply-driven oil price shock unanchor inflation expectations?Matthew Luzzetti, Brett Ryan, Justin Weidner, Amy Yang
Mar 2022Policy BriefNo 286Private and Public Debt: Some Implications on Economic GrowthPatrizio Morganti
Mar 2022Policy NoteNo 267Towards a single operational indicator in the SGP – A look at the properties of the current expenditure benchmarkNicholai Benalal, Maximilian Freier, Wim Melyn, Stefan Van Parys, Lukas Reiss
Feb 2022Policy BriefNo 283Don’t trust the (inflation) processBruce Kasman
Feb 2022Policy BriefNo 277Money and psychology of inflation: an investor viewPascal Blanqué
Feb 2022Policy NoteNo 266Does polarization have economic effects? It does on economic expectationsLuis Guirola
Feb 2022Policy BriefNo 271Including inflation expectations helps to improve inflation forecasts of econometric modelsMarta Bańbura, Danilo Leiva-León, Jan-Oliver Menz
Feb 2022Policy BriefNo 268Monetary policy and the green transitionLena Boneva, Gianluigi Ferrucci, Francesco Paolo Mongelli
Jan 2022Policy BriefNo 262Choosing the European fiscal ruleGinters Bušs, Patrick Grüning, Oļegs Tkačevs
Jan 2022Policy BriefNo 257Why do households save?Sami Oinonen, Matti Viren
Dec 2021Policy BriefNo 244Switching-track after the Great RecessionFrancesca Vinci, Omar Licandro
Nov 2021Policy BriefNo 229Earnings expectations signal a heterogenous recovery after COVID-19Joost Bats, William Greif, Daniel Kapp
Sep 2021Policy NoteNo 253Raising r*: Why, how, and if not now, when?Robert Holzmann, Maria T. Valderrama
Sep 2021Policy BriefNo 174Low-for-ultra-long policy will not be enough for JapanHiroshi Ugai
Aug 2021Policy BriefNo 148The role of information channels and experience for households’ inflation expectationsChristian Conrad, Zeno Enders and Alexander Glas
Jul 2021Policy BriefNo 130How well are consumers’ inflation expectations anchored to the ECB’s inflation aim?Gabriele Galati, Richhild Moessner, Maarten van Rooij
Jul 2021Policy BriefNo 126Intergenerational macroeconomicsGabriel Makhlouf
Jun 2021Policy BriefNo 119Six ways to bring inflation (expectations) upErnest Gnan
May 2021Policy BriefNo 96Real interest rates and demographic developments: the role of population growth and migrationLucas Fuhrer, Nils Herger
May 2021Policy NoteNo 239How to prevent a too restrictive fiscal policy in Europe?Wim Boonstra
Apr 2021Policy BriefNo 75Europe: the shock of Covid-19 and the fear of accelerated zombificationHélène Baudchon, Louis Boisset, Guillaume Derrien, Kenza Charef
Apr 2021Policy NoteNo 231The challenges to the banking sector a year after the outbreak of the COVID-19 pandemicPablo Hernández de Cos
Apr 2021Policy BriefNo 64Shaken but not deterred: business confidence and Covid-19 in the Euro areaGene Ambrocio
Mar 2021Policy NoteNo 227Scarring in EuropeReza Moghadam, Markus Guetschow, Camille White
Jan 2021Policy NoteNo 218Interest rate-growth differentials on government debt: an empirical investigation for the euro areaCristina Checherita-Westphal and João Domingues Semeano
Dec 2020Policy NoteNo 211Preparing for a higher inflation regimeElga Bartsch, Jean Boivin, Philipp Hildebrand
Oct 2020Policy NoteNo 199Macroeconomic stabilisation when nominal interest rates are constrained: A role for household inflation expectations?Geoff Kenny, Ioana Duca-Radu, Andreas Reuter
Mar 2020Policy NoteNo 141Reforms, Reversals and the Road Ahead: Lessons from Three Decades of Transition in Central and Eastern EuropeBeata Javorcik
Jan 2020Policy NoteNo 122TCFD: strengthening the foundations of sustainable financeMark Carney
Nov 2019Policy NoteNo 111Reforming the Stability and Growth Pact: Striving for sustainability while offering room for manoeuvreKarsten Wendorff
Oct 2019Policy NoteNo 107Tackling non-performing loans in EuropePeter Grasmann, Markus Aspegren, Nicolas Willems
Sep 2019Policy NoteNo 93European Economic and Monetary Union: from the Past into the FutureJean-Claude Trichet
Aug 2019Policy NoteNo 92Beliefs and Portfolios: New Measurement and FactsStefano Giglio, Matteo Maggiori, Johannes Stroebel, Stephen Utkus
May 2019Policy NoteNo 70The impact of Brexit on growth and the public financesIain Begg
Jan 2019Policy NoteNo 51Africa needs investments beyond its pockets of growthOlivier de Boysson, Clément Gillet
Nov 2017Policy NoteNo 21Risk sharing in EMU: key insights from a literature reviewDemosthenes Ioannou, David Schäfer
Nov 2017Policy NoteNo 20Recent developments in Chinese shadow bankingMichael Chui, Christian Upper
Feb 2016Policy NoteNo 4Gender diversity and monetary policyDonato Masciandaro, Paola Profeta, Davide Romelli

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