Policy brief
07 June 2017
Charting the next steps for the EU financial supervisory architecture
The combination of banking union and Brexit justifies a reform of the European Banking Authority (EBA) and the European Securities and Markets Authori
European central bank
Showing 177-192 of 268 results
External publication
07 June 2017
A New Liquidity Risk Measure for the Chilean Banking Sector
This paper introduces a new metric for central banks – and in particular for the Central Bank of Chile – to measure liquidity risk in their banking se
Blog post
29 May 2017
We need a European Monetary Fund, but how should it work?
Many voices are calling for the ESM to be developed into a fully-fledged European Monetary Fund. But what changes would this entail, and how could the
Podcast
05 May 2017
How will Europe's banking system respond to future challenges?
After the financial crisis, the EU has taken measures to create conditions for a safer banking sector. One of the key measures to do that is the creat
External publication
02 May 2017
The Banking Union: An Overview and Open Issues
Dirk Schoenmaker's chapter in 'The Palgrave Handbook of European Banking', a handbook that collates the expertise and research of leading academic and
External publication
01 April 2017
Analyzing the impact of monetary policy on financial markets in Chile
During the past few years, monetary policy communication has become a hot topic in as far as it seems to have become a very relevant way for central b
Blog post
31 March 2017
Central bank communication in a low interest rate environment
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at an event organised by Bruegel, Brussels, 31 March 2017
Event
31 March 2017
Central bank communication in a low interest rate environment
At this event, we are pleased to welcome Mr. Benoît Coeuré, Member of the Executive Board of the European Central Bank at Bruegel.
Blog post
27 March 2017
Why was the last TLTRO take-up unexpectedly high?
The final round of TLTRO financing was an unexpected hit with euro area banks. The aim of the programme is to encourage banks to increase lending to t
Blog post
17 March 2017
The inflation basket case
Inflation in the euro area has finally reached 2%. But Draghi is right to warn that the underlying dynamics do not point to this being a self-sustaini
Working paper
28 February 2017
Fundamental uncertainty and unconventional monetary policy: an info-gap approach
This paper applies the info-gap approach to the unconventional monetary policy of the Eurosystem and so takes into account the fundamental uncertainty
Opinion piece
08 December 2016
Eurozone QE and bank profitability: Why it is too early to taper
In the eyes of the critics, the quantitative easing programs have been of little help to growth and inflation and have instead been an attack on save
Policy brief
06 December 2016
The impact of the legal and operational structures of euro-area banks on their resolvability
Following the financial crisis, the question of how to handle a big bank’s collapse has come to the fore. This Policy Contribution evaluates the obsta
External publication
06 December 2016
The impact of the legal and operational structures of euro-area banks on their resolvability
This paper evaluates the obstacles to resolvability that the legal and operational structures of the large
euro-area banks could present, assuming th
Opinion piece
28 November 2016
Japanese banks and US$ liquidity: Squeezed between expensive deposits and the BoJ
For the last few years, Japanese banks have aggressively expanded their assets overseas, which has helped increased their stubbornly low profitability
Opinion piece
21 October 2016
Breaking the vicious circle
Nicolas Véron argues that EU banking union can only be complete if the vast amounts of domestic sovereign debt held by many banks are reduced