Publications
Economic analysis and policy recommendations based on rigorous academic underpinnings
Recent publications
The tension between exploding AI investment costs and slow productivity growth
This working paper explores the tension between rapidly increasing artificial intelligence investment costs and the slower pace of productivity growth
Europe’s 2040 climate target: four critical risks and how to manage them
In this paper we set out four risks that could derail progress towards the 2040 climate target and make recommendations to address each one
Identifying areas for EU-UK energy and climate cooperation
Energy and climate cooperation has mutual benefits for the UK and EU, the obstacles are political
Simplifying EU law: a cumbersome task with mixed results
The volume and complexity of EU laws continue to increase despite measures taken in previous mandates to make existing legislation less burdensome
Publication list
Policy brief
26 October 2023
De-risking and decarbonising: a green tech partnership to reduce reliance on China
Greater alignment of the major economic powers is needed around a collective effort to improve security of supply for decarbonisation goods.
Analysis
26 October 2023
The European Union’s remarkable growth performance relative to the United States
The EU has outperformed the US on per-capita output growth; in terms of output per hour worked, some EU countries are as productive as the US
Working paper
23 October 2023
Recessions, the energy mix and environmental policy
This paper highlights that recessions result in permanent increases in energy efficiency and in the share of renewables in total electricity.
Analysis
10 October 2023
The European Union is ready for the 2023-24 winter gas season
Demand cuts, alternative supply and the green energy rollout mean the EU likely has enough gas for winter, even if Russian supplies are cut completely
Working paper
09 October 2023
To what extent can urbanisation mitigate the negative impact of population ageing in China?
Our analysis reveals that ageing accounts for only about 1 percentage point of the GDP growth rate deceleration over the past decade.
Analysis
09 October 2023
What will it cost the European Union to pay its economic recovery debt?
Servicing the EU debt until 2058 seems feasible, despite increased borrowing costs, but member countries must make choices about budget funding
Analysis
25 September 2023
The struggle to cut emissions from international aviation and shipping
Three possible policy pathways could lead to improvement and systemic change in the aviation and maritime sectors.
Working paper
18 September 2023
A quantitative evaluation of the European Commission’s fiscal governance proposal
This paper focuses on the fiscal adjustment that the first regulation would require of countries with debt above the treaty benchmarks.
Working paper
12 September 2023
European Union debt financing: leeway and barriers from a legal perspective
The paper investigates the legal feasibility of the EU borrowing on the capital market to finance European public goods.
Policy brief
06 September 2023
A new governance framework to safeguard the European Green Deal
This policy brief sets out policy proposals to enhance governance in order to safeguard EU decarbonisation.
Analysis
06 September 2023
The Digital Markets Act is about enabling rights, not obliging changes in market conditions
Compliance with the DMA will be about ensuring that users are empowered with rights to challenge gatekeepers
Policy brief
04 September 2023
Making sense of the European Commission’s fiscal governance reform plan
This Policy Brief offers proposals to enhance institutional self-commitment to implementation, with reputational consequences for non-implementation.
Analysis
20 July 2023
The Russian war economy: macroeconomic performance
The Russian economy has performed better than many expected since the war in Ukraine started, though the financial burden will be felt for some time.
Analysis
19 July 2023
Adapting the European Union AI Act to deal with generative artificial intelligence
The European Union’s draft AI Act already needs to be revised to account for the opportunities and harms of generative AI.
Analysis
18 July 2023
How Ukrainian gas storage can contribute to Europe’s security of supply
To top up stored gas volumes for the coming winter, Europe can use spare capacity in Ukraine.
Working paper
18 July 2023
Competition in generative artificial intelligence foundation models
This working paper examines how competition in foundation models (FMs) works.
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