Opinion piece
02 November 2021
Is the ECB right to take on climate change?
The real issue here is not that the ECB takes a very sizeable risk by pursuing climate objectives but rather, that it cannot afford not to. And by doi
Opinion piece
02 November 2021
The real issue here is not that the ECB takes a very sizeable risk by pursuing climate objectives but rather, that it cannot afford not to. And by doi
Blog post
07 July 2021
Negative rate cuts are not that different from ‘standard’ rate cuts. Like them, they reduce banks’ margins, but this effect does not appear to be ampl
Opinion piece
23 June 2021
Emphasis will be placed on greening monetary policy and clarifying the ECB's price stability objective, but is this enough?
Blog post
09 June 2021
There is concern in Germany about rising prices, but expectations and wage data show no sign of excess pressures; German inflation should exceed 2% to
External publication
09 June 2021
This paper explores the potential effects (and side effects) of negative rates in theory and examines the evidence to determine what these effects hav
Blog post
28 May 2021
Use of Emergency Liquidity Assistance to prop up euro-area banks needs to be more transparent; available evidence suggests its use has not always been
Opinion piece
22 April 2021
While EU Treaties clearly stipulate that the ECB “shall support the general objectives of the European Union”, it is not appropriate to simply stand b
Opinion piece
14 April 2021
Europe is often a ship with multiple captains. The boat moves forward in calm seas, but when the slightest wind puts it off course, it is not easy to
Event
13 April 2021
A discussion of Italian and German macro-economic cultures and performances.
Event
01 April 2021
What are the main lessons of ECB interventions in specific sovereign debt markets?
Event
25 March 2021
This members-only event welcomed Jan Reinder De Carpentier, Vice-Chair of the Single Resolution Board for a conversation with an invited audience.
Opinion piece
11 March 2021
Disclosures and financial regulation don’t get enough respect as tools to reduce emissions.
Blog post
24 February 2021
The European Central Bank portfolio is skewed towards the brown economy, reflecting a bias in the market.
Podcast
24 February 2021
“We are not going to lead our society to a low-carbon economy by continuing to finance the status quo. “
Opinion piece
24 February 2021
Ever since the 2008 financial crisis, central bankers have been busy developing new policy instruments to fight fires and ward off emerging threats. N
Blog post
18 February 2021
Different EU and US supervisory approaches to climate risk may hamper efforts to work together and risk fragmenting global markets.