Working papers
Long-form papers with original research methodologies that lay academic foundations to address policy issues
Working papers
Economic arguments in favour of reducing copyright protection for generative AI inputs and outputs
The licensing of training inputs slows down economic growth compared to what it could be with competitive and high-quality GenAI
The rocky road to EU accession for Western Balkan countries: obstacles and lessons from the Eastern Partnership
The three eastern European states had practically no waiting time before being accepted as candidate countries right after application
Incorporating the impact of social investments and reforms in the European Union’s new fiscal framework
This paper proposes an approach for quantifying the impact of public investments and reforms on debt sustainability
Exposure to generative artificial intelligence in the European labour market
Women, highly educated and younger workers are more exposed to generative AI. Policy can intervene on both the labour supply and labour demand side
Global supply chains: lessons from a decade of disruption
This paper revisits the effects of three shocks on the functioning of global supply chains.
Working paper
15 July 2014
Did the German court do Europe a favour?
To the supporters of the OMT, the activist German Court is endangering a fragile economic and financial calm, while overstating the limits set by the
Working paper
09 July 2014
Working paper
07 July 2014
Working paper
18 June 2014
The long haul: debt sustainability analysis
The public debt ratio is set to decline in Greece, Ireland and Portugal under the maintained assumptions, but the debt trajectory remains vu
Working paper
14 May 2014
Financial openness of China and India: Implications for capital account liberalisation
We gauge the de-facto capital account openness of the Chinese and Indian economies by testing the law of one price on the basis of onshore and offshor
Working paper
27 March 2014
Cross-country insurance mechanisms in currency unions
Countries in a monetary union can adjust to shocks either through internal or external mechanisms. We quantitatively assess for the European Union&nbs
Working paper
10 March 2014
Rulemaking in Super-RTAs: Implications for China and India
How super-RTAs may emerge as game changers in the multilateral trading system as promulgated by the WTO, and the implications for China and India
Working paper
25 February 2014
Changing trade patterns, unchanging European and global governance
If our projections to 2020 are broadly right, then many established frameworks for the running of the world economy and its governance are not going t
Working paper
05 February 2014
When and how to support renewables? Letting the data speak
Low-carbon energy technologies are pivotal for decarbonising our economies up to 2050 while ensuring secure and affordable energy. Consequently, innov
Working paper
20 November 2013
Global and regional financial safety nets: lessons from Europe and Asia
This paper analyses the relationships between global and regional financial safety nets, and uncovers the potential tensions and operational challenge
Working paper
09 October 2013
Will income inequality cause a middle-income trap in Asia?
A middle-income trap could occur not only if there is a delay in shifting the economy toward a productivity-driven structure, but also if there is a w
Working paper
12 August 2013
Sovereign debt and its restructuring framework in the euro area
To compensate for the inflexibility of fixed exchange rates, the euro area needs flexibility through a system of orderly debt restructuring. 
Working paper
22 July 2013
Inflation persistence in Central and Eastern European countries
This paper studies inflation persistence with time-varying coefficient autoregressions for twelve central European countries,in comparison w
Working paper
17 July 2013
The response speed of the International Monetary Fund
The more severe a financial crisis, the greater has been the likelihood of its management under an IMF-supported programme and the shorter t
Working paper
18 March 2013
The changing landscape of financial markets in Europe, the United States and Japan
We compare the structure of the financial sectors of the EU27, Japan and the United States, looking at a set of 23 indicators.
Working paper
06 February 2013
European antitrust control and standard setting
Standards reduce production costs and increase products’ value to consumers. Standards however entail risks of anti-competitive abuse...
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