Publications
Economic analysis and policy recommendations based on rigorous academic underpinnings
Recent publications
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
In this paper, we take a dual approach to assess the impact of GenAI on the European labour market.
The European Union AI Act: premature or precocious regulation?
As it stands, it is unknown whether the Act will stimulate responsible AI use or smother innovation.
Ukraine’s path to European Union membership and its long-term implications
The war complicates the accession process, but Ukraine can work progressively towards meeting the entry conditions
Global supply chains: lessons from a decade of disruption
This paper revisits the effects of three shocks on the functioning of global supply chains.
Publication list
Policy brief
12 July 2022
An analysis of central bank decision-making
Bank of England MPC celebrates 25 years and we use this occasion to compare its decision-making process to that of the ECB
Blog post
07 July 2022
European Union demand reduction needs to cope with Russian gas cuts
Without Russian gas, the European Union would have to reduce demand by approximately 15%, with big differences between different parts of Europe
Blog post
06 July 2022
Mobilising EU investors to narrow the developing-country climate-finance gap
The EU needs to address through public and private funds the lack of private climate finance to low- and middle-income countries.
Blog post
05 July 2022
How rate increases could impact debt ratios in the euro area’s most-indebted countries
Debt-to-GDP ratios should continue to fall in euro-area countries despite rising interest rates, post 2023 the situation might vary across countries
Working paper
29 June 2022
The role of competition in the transition to climate neutrality
The transition to climate neutrality requires the reallocation of production factors from polluting activities to non-polluting activities.
Blog post
29 June 2022
The implications for public debt of high inflation and monetary tightening
Expected increases in interest rates and reductions in real GDP growth rates will result in relatively small increases in public debt-to-GDP ratios.
Policy brief
28 June 2022
How can the European Union adapt to climate change?
A stronger adaptation governance framework would benefit adaptation efforts.
Blog post
23 June 2022
A new kind of Belt and Road Initiative after the pandemic
The Belt and Road Initiative is turning from infrastructure financing into an instrument for Chinese soft and hard power.
Blog post
22 June 2022
Discretion lets Croatia in but leaves Bulgaria out of the euro area in 2023
Crucial decisions about whether a country can join the euro area depend on questionable discretionary decisions.
Blog post
20 June 2022
A new European tool to deal with unjustified rising spreads
The ECB needs a new tool to prevent the current rise in spreads, triggered by monetary policy tightening, from escalating into a new euro-area crisis.
Working paper
20 June 2022
Measuring macroeconomic uncertainty during the euro’s lifetime
We draw out four indicators of macroeconomic uncertainty, measured over the lifetime of the euro.
Policy brief
16 June 2022
How to make the EU Energy Platform an effective emergency tool
The platform could become an effective emergency tool to safeguard Europe’s gas supply, but policymakers need to address challenges to make it work.
Policy brief
16 June 2022
COVID-19 and the shift to remote work
Hybrid arrangements in which part of the week is spent at the office, and part at home, are likely to become the norm.
Blog post
13 June 2022
A practical arrangement for cooperation between digital economy regulators
A practical arrangement based on case information, case allocation and case resolution would ensure consistency and effective enforcement.
Working paper
13 June 2022
Raising EU productivity through innovation
A better overview of which firms are most likely to adopt digital technologies and to innovate, and to turn these investments into productivity growth
Blog post
08 June 2022
Food security: the role and limits of international rules on export restrictions
Unblocking Ukrainian ports and facilitating wheat exports through large-scale international coordination remains essential.
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