Publications
Economic analysis and policy recommendations based on rigorous academic underpinnings
Publication list
Blog post
20 September 2018
Big Macs in big countries: an update on euro area adjustment
Have prices moved in the direction of correcting real exchange rate misalignments everywhere in the euro area in recent years? Not between the largest
Policy brief
19 September 2018
One size does not fit all: European integration by differentiation
The need for reform of the EU is increasingly urgent. The authors of this policy brief suggest a new governance model, combining a bare-bones EU with
Blog post
17 September 2018
Reforming the EU fiscal framework
Researchers have often highlighted the problematic nature of the currently very complex EU fiscal framework. Here we review economists’ views on how i
Blog post
13 September 2018
The economic case for an expenditure rule in Europe
Proposals for reforming the euro area back on the agenda. An overhaul of the European fiscal rules should be on high on this agenda, because the curre
Blog post
10 September 2018
The higher yield on Italian government securities could soon be a burden for the real economy
The increase in the spread between Italian (BTP) and German (Bund) government securities is directly an additional burden for Italy public finance, an
Blog post
10 September 2018
Lehman Brothers: 10 Years After
Ten years after the bankruptcy that shook the world, we review economists’ take on the lessons learned from the global financial crisis.
Policy brief
06 September 2018
The economic potential and risks of crypto assets: is a regulatory framework needed?
What is the economic potential and the risks of crypto assets? Regulators and supervisors have taken great interest in these new markets. This Policy
Policy brief
06 September 2018
High public debt in euro-area countries: comparing Belgium and Italy
This Policy Contribution looks at the evolution of public debt in Belgium and Italy since 1990 and uses the debt dynamics equation to explain the cont
Blog post
04 September 2018
Monetary policy and superstar firms
The yearly Jackson Hole gathering of central bankers has focused this year on the topic of changing market structure, the rise of superstar firms, and
Blog post
03 September 2018
Fighting fear with factfulness – and engagement
Margrethe Vestager, European Commissioner for Competition, delivered the keynote speech at Bruegel's Annual Dinner 2018, held on 3 September 2018.
Blog post
31 August 2018
Italy’s capital flight: 2011, 2016, and early 2018
International investors have been repositioning vis-à-vis Italy, after the new government took office in early May. We compare this summer turmoil to
Policy brief
30 August 2018
Should we care about central bank profits?
The authors investigate the ECB’s profit-making activity of the last 20 years, assessing how this was achieved and the reasons why we should care more
Blog post
29 August 2018
Criteria for entry into the ERMII and the banking union: the precedent from Bulgaria
In its bid to join the single currency Bulgaria has made commitments on financial supervision but also wider structural reform which set a precedent f
Policy brief
28 August 2018
International trade under attack: what strategy for Europe?
This Policy Contribution analyses the economic consequences of a full-scale trade war. The US position, focusing on bilateral trade imbalances presuma
Blog post
27 August 2018
The Turkish Crisis
Financial markets have been very nervous about Turkey for the past few weeks. We review economists’ opinions about the economic, political and geopoli
Policy brief
23 August 2018
The macroeconomic implications of healthcare
Health-care systems play a crucial role in supporting human health. They also have major macroeconomic implications, an aspect that is not always prop
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