Publications
Economic analysis and policy recommendations based on rigorous academic underpinnings
Recent publications
How to de-risk: European economic security in a world of interdependence
The question is how exactly the EU should ‘de-risk’ its external economic relationships without foregoing the benefits of trade.
Using the financial system to enforce export controls
Russian imports of battlefield goods that are subject to export controls, including from Western producers, have surged since mid-2022
Beyond retirement: a closer look at the very old
The European Union should start to prepare for those over 85 making up 10 percent of the population in 2100
EU savers need a single-market place to invest
Proposals to leverage the single market to boost retail investment could lead to a product citizens will trust
Income inequality and the liberal economic order: a not entirely Western perspective
This essay argues that global welfare gains should be safeguarded and built on, not undermined by a blinkered perception of liberalism.
Publication list
Policy brief
13 December 2018
Forecast errors and monetary policy normalisation in the euro area
What did we learn from the recent monetary policy normalisation experiences of Sweden, the United States and the United Kingdom? Zsolt Darvas consider
Blog post
11 December 2018
Economic policy challenges in Southern and Eastern Mediterranean
For a long time, southern and eastern Mediterranean countries struggled with serious socio-economic challenges and dysfunctional economic systems and
Blog post
10 December 2018
Les gilets jaunes
For weeks, protesters wearing yellow motorist vests have taken to the streets of Paris to protest against the rising price of fuel. They have since ta
Blog post
07 December 2018
Providing funding in resolution: Unfinished business even after Eurogroup agreement on EMU reform
The recent Eurogroup agreement on euro-area reform foresees a greater role for the European Stability Mechanism (ESM) as a backstop to the banking uni
Blog post
06 December 2018
ECB’s huge forecasting errors undermine credibility of current forecasts
In the past five years ECB forecasts have proven to be systematically incorrect: core inflation remained broadly stable at 1% despite the stubbornly p
Blog post
03 December 2018
The international role of the euro
The authors assess whether the euro area should pursue a greater international role for the euro, as outlined by European Commission president Jean-Cl
Blog post
03 December 2018
Green central banking
A few weeks ago, Silvia Merler discussed the rise of “ethical investing”. A related question emerging from the discussion is whether central banks sho
Blog post
29 November 2018
Machine learning and economics
Machine learning (ML), together with artificial intelligence (AI), is a hot topic. Economists have been looking into machine learning applications not
Blog post
29 November 2018
Youth unemployment: Common problem, different solutions?
Youth unemployment is a major obstacle to the Middle East and North Africa (MENA) region’s human and economic development. In this blog post, Uri Dadu
Policy brief
28 November 2018
Sustainable investing: How to do it
Sustainable investment is gaining momentum in Europe, but its current proposed taxonomy might hinder innovation in the field. In this Policy Contribut
Blog post
27 November 2018
Preliminary observations on the European Commission’s Android decision
Following the announcement that Alphabet (Google) will appeal the European Commission's ruling on the competition case against its Android mobile oper
Policy brief
26 November 2018
Assessing the European Union’s North Africa trade agreements
In this Policy Contribution, the authors provide an economic assessment of the trade agreements between the EU and North Africa. They argue that the c
Policy brief
22 November 2018
A monetary policy framework for the European Central Bank to deal with uncertainty
In this Policy Contribution prepared for the European Parliament’s Committee on Economic and Monetary Affairs (ECON) as an input to the Monetary Dialo
Blog post
20 November 2018
Euro-area sovereign bond holdings: An update on the impact of quantitative easing
Since the European Central Bank’s announcement of its quantitative easing (QE) programme in January 2015, national central banks have been buying gove
Blog post
19 November 2018
Could Italian private wealth compensate for flight of foreign bond-holders?
Italy’s deputy prime minister Matteo Salvini is "convinced" that Italians can help out their government, in the face of a widening yield spread betwee
Blog post
19 November 2018
The Brexit withdrawal agreement
On November 14th the UK government cabinet approved the draft text of the withdrawal agreement, the deal reached between EU and UK negotiators. The de
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