Event
11 December 2019
During this event, Thomas Philippon presented his thesis on market concentration and explained the reasons behind the rising corporate market power in
Blog post
30 September 2019
Completing the banking union is the dominant task in the financial services area for the next five years. In the short term, the Commission should aff
Blog post
16 September 2019
The incoming Commission President has put support for SMEs at the centre of her economic programme. A public-private fund investing in initial public
Blog post
25 July 2019
Due to a spat between the European Commission and the government of Switzerland over the negotiation of an institutional framework agreement, equity s
Comment
10 July 2019
Macro data doesn’t provide a comprehensive picture to investors, but bond issuance data can fill in some gaps.
Blog post
11 June 2019
Longer-term yields falling below shorter-term yields have historically preceded recessions. Last week, the US 10-year yield was 21 basis points below
Blog post
29 April 2019
Europe’s largest banks have made progress in issuing bail-inable securities that shelter taxpayers from bank failures. But the now-finalised revision
Policy brief
17 January 2019
Facilitating the financing of European companies through external equity is a central ambition of European Union financial regulation, including in th
External publication
17 January 2019
The monitoring and analysis of capital movements is essential for policymakers, given that capital flows can have welfare implications. This report, c
Event
16 January 2019
What are the reasons behind the global trends in corporate margins and market concentration?
Event
15 January 2019
Empirical trends in markups and market power: their implications for productivity and growth
Blog post
20 November 2018
Since the European Central Bank’s announcement of its quantitative easing (QE) programme in January 2015, national central banks have been buying gove
Blog post
19 November 2018
Italy’s deputy prime minister Matteo Salvini is "convinced" that Italians can help out their government, in the face of a widening yield spread betwee
Blog post
14 November 2018
Since the beginning of 2018, currencies of two large emerging-market economies – Argentina and Turkey – suffered from substantial depreciation. Other
Comment
11 October 2018
China’s accession to the World Trade Organisation in 2001 was greeted with great fanfare. But near silence has greeted the recent removal by the China
Blog post
10 September 2018
The increase in the spread between Italian (BTP) and German (Bund) government securities is directly an additional burden for Italy public finance, an