Blog post
30 October 2017
The capital tax cut debate
How much do workers gain from a capital gains tax cut? CEA chairman Hasset claims the tax cut will cause average household labour income to increase b
Blog post
30 October 2017
How much do workers gain from a capital gains tax cut? CEA chairman Hasset claims the tax cut will cause average household labour income to increase b
Blog post
10 October 2017
Since the European Central Bank’s announcement in January 2015 of its quantitative easing programme, national central banks have been buying governmen
Comment
11 August 2017
As the EU enjoys a period of growth and relative stability, there is finally room to undertake long-needed reforms. But it is vital to act soon, and p
Blog post
31 July 2017
Plenty of recent research has highlighted a rise in concentration in the US economy, across different sectors. Economists are now wondering to what ex
Blog post
24 July 2017
What’s at stake: the literature on monetary policy spillovers is abundant of studies investigating the impact of the US Federal Reserve’s monetary pol
Policy brief
07 June 2017
The combination of banking union and Brexit justifies a reform of the European Banking Authority (EBA) and the European Securities and Markets Authori
Blog post
05 April 2017
As the Commission launches a review of European financial supervision, the authors argue that Europe needs to move towards a twin peaks model – dividi
Podcast
10 March 2017
European banks are struggling with high amounts of non-performing loans. We look at the reasons behind this crisis, and how it affects banks, borrower
Blog post
09 March 2017
Since the ECB’s announcement of its QE programme in January 2015, national central banks have been buying government and national agency bonds. In thi
Working paper
06 March 2017
Zsolt Darvas and Dirk Schoenmaker find strong support for the hypothesis that the larger the assets managed by institutional investors, the smaller th
Blog post
27 February 2017
What’s at stake: Since Donald Trump’s election in November, the US stock market has been on an unabated rally. The Dow Jones Industrial Average powere
Blog post
24 February 2017
Brexit offers EU-27 countries a chance to take some of London’s financial services activity. But there is also a risk of market fragmentation, which c
Policy brief
09 February 2017
Brexit will lead to a partial migration of financial firms from London to the EU27. This Policy Contribution provides a comparison between London and
Report
10 January 2017
The purpose of this report is to provide a comprehensive overview of capital movements in Europe in a global context.
Blog post
22 November 2016
Since the ECB’s announcement of its QE programme in January 2015, national central banks have been buying government and national agency bonds. In thi
Report
16 November 2016
The European financial system is too strongly bank-based. How can it be rebalanced to become favourable to growth and employment again? (This paper is