Content
2024
- 361 Keep calm, but watch the outliers: deposit flows in recent crisis episodes and beyond
by Fascione, Luisa & Oosterhek, Koen & Scheubel, Beatrice & Stracca, Livio & Wildmann, Nadya - 360 The impact of central bank digital currency on central bank profitability, risk-taking and capital
by Bindseil, Ulrich & Marrazzo, Marco & Sauer, Stephan - 359 Geopolitics and trade in the euro area and the United States: de-risking of import supplies?
by Ilkova, Ivelina & Lebastard, Laura & Serafini, Roberta - 358 Implications of higher inflation and interest rates for macroprudential policy stance
by Hempell, Hannah S. & Silva, Fatima & Scalone, Valerio & Cornacchia, Wanda & Di Virgilio, Domenica & Palligkinis, Spyros & Velez, Anatoli Segura & Borkó, Tamás & Espic, Aurélien & Garcia, Salomón & Heires, Marcel & Herrera, Luis & Kärkkäinen, Samu & Kent, Luke & Kerbl, Stefan & Löhe, Sebastian & Oliveira, Vitor & Steikūné, Paulina - 357 Using structural models to understand macroeconomic tail risks
by Montes-Galdón, Carlos & Ajevskis, Viktors & Brázdik, František & Garcia, Pablo & Gatt, William & Lima, Diana & Mavromatis, Kostas & Ortega, Eva & Papadopoulou, Niki & De Lorenzo, Ivan & Kolb, Benedikt - 356 A portfolio perspective on euro area bank profitability using stress test data
by Mirza, Harun & Salleo, Carmelo & Trachana, Zoe - 355 The use of the Eurosystem’s monetary policy instruments and its monetary policy implementation framework in 2022 and 2023
by Hudepohl, Tom & Malderez, Suzanne - 354 The euro area business cycle and its drivers
by Palenzuela, Diego Rodriguez & Saiz, Lorena & Stoevsky, Grigor & Tóth, Máté & Warmedinger, Thomas & Grigoraș, Veaceslav - 353 Toss a stablecoin to your banker - Stablecoins’ impact on banks’ balance sheets and prudential ratios
by Coste, Charles-Enguerrand - 352 The sectoral systemic risk buffer: general issues and application to residential real estate-related risks
by Behn, Markus & Cornacchia, Wanda & Forletta, Marco & Jarmulska, Barbara & Perales, Cristian & Ryan, Ellen & Serra, Diogo & Tereanu, Eugen & Tumino, Marcello & Abreu, Daniel & Ciampi, Francesco & Ciocchetta, Federica & Drenkovska, Marija & Fritz, Benedikt & Geiger, Sebastian & Melnychuk, Mariya & Meusel, Steffen & Reginster, Alexandre & Rychtárik, Štefan & Vilka, Ilze & Virel, Fleurilys - 351 Digital innovation and banking regulation
by Papathanassiou, Chryssa - 350 Intangible assets of multinational enterprises in Ireland and their impact on euro area activity
by Andersson, Malin & Byrne, Stephen & Emter, Lorenz & Pardo, Belén González & Jarvis, Valerie & Schmitz, Martin & Zorell, Nico & Blatnik, Nina & Zwick, Christoph - 349 The path to the reformed EU fiscal framework: a monetary policy perspective
by Haroutunian, Stephan & Bańkowski, Krzysztof & Bischl, Simeon & Bouabdallah, Othman & Hauptmeier, Sebastian & Leiner-Killinger, Nadine & O'Connell, Marguerite & Oleaga, Iñigo Arruga & Abraham, Laurent & Trzcinska, Agnieszka - 348 Advancements in stress-testing methodologies for financial stability applications
by Budnik, Katarzyna & Ponte Marques, Aurea & Giglio, Carla & Grassi, Alberto & Durrani, Agha & Figueres, Juan Manuel & Konietschke, Paul & Le Grand, Catherine & Metzler, Julian & Población García, Francisco Javier & Shaw, Frances & Groß, Johannes & Sydow, Matthias & Franch, Fabio & Georgescu, Oana-Maria & Ortl, Aljosa & Trachana, Zoe & Chalf, Yasmine - 347 2023 macroprudential stress test of the euro area banking system
by Cappelletti, Giuseppe & Dimitrov, Ivan & Naruševičius, Laurynas & Le Grand, Catherine & Nunes, André & Podlogar, Jure & Röhm, Nicola & Ter Steege, Lucas - 346 Digital euro safeguards – protecting financial stability and liquidity in the banking sector
by Lambert, Claudia & Meller, Barbara & Pancaro, Cosimo & Pellicani, Antonella & Radulova, Petya & Soons, Oscar & van der Kraaij, Anton - 345 Central bank digital currency and monetary policy implementation
by Caccia, Enea & Tapking, Jens & Vlassopoulos, Thomas - 344 ECB macroeconometric models for forecasting and policy analysis
by Ciccarelli, Matteo & Darracq Pariès, Matthieu & Priftis, Romanos & Angelini, Elena & Bańbura, Marta & Bokan, Nikola & Fagan, Gabriel & Gumiel, José Emilio & Kornprobst, Antoine & Lalik, Magdalena & Montes-Galdón, Carlos & Müller, Georg & Paredes, Joan & Santoro, Sergio & Warne, Anders & Zimic, Srečko & Rigato, Rodolfo Dinis & Kase, Hanno & Koutsoulis, Iason & Brunotte, Stella & Cocchi, Sara & Giammaria, Alessandro & Invernizzi, Marco & Von-Pine, Eliott - 343 What caused the euro area post-pandemic inflation?
by Arce, Óscar & Ciccarelli, Matteo & Montes-Galdón, Carlos & Kornprobst, Antoine - 342 Enhancing repo market transparency: the EU Securities Financing Transactions Regulation
by Bassi, Claudio & Grill, Michael & Mirza, Harun & O’Donnell, Charles & Wedow, Michael & Hermes, Felix - 341 The impact of the COVID-19 pandemic and policy support on productivity
by Lalinsky, Tibor & Anyfantaki, Sofia & Benkovskis, Konstantins & Bergeaud, Antonin & Bun, Maurice & Bunel, Simon & Colciago, Andrea & De Mulder, Jan & Lopez, Beatriz Gonzalez & Jarvis, Valerie & Krasnopjorovs, Olegs & Lebastard, Laura & Lopez-Garcia, Paloma & Martins, Fernando & Meinen, Philipp & Meriküll, Jaanika & Parker, Miles & Serafini, Roberta & Szörfi, Béla & Vanhala, Juuso & Volk, Matjaz & Anastasatou, Marianthi & Fantino, Davide & Havel, Jiri & Khametshin, Dmitry & Kolaiti, Tetie & Raos, Josip & Šelebaj, Domagoj & Vaňko, Milan - 340 The impact of climate change and policies on productivity
by Bijnens, Gert & Anyfantaki, Sofia & Colciago, Andrea & De Mulder, Jan & Falck, Elisabeth & Labhard, Vincent & Lopez-Garcia, Paloma & Meriküll, Jaanika & Parker, Miles & Röhe, Oke & Schroth, Joachim & Schulte, Patrick & Strobel, Johannes & Lourenço, Nuno - 339 Digitalisation and productivity
by Bunel, Simon & Bijnens, Gert & Botelho, Vasco & Falck, Elisabeth & Labhard, Vincent & Lamo, Ana & Röhe, Oke & Schroth, Joachim & Sellner, Richard & Strobel, Johannes & Anghel, Brindusa - 338 A forward-looking tracker of negotiated wages in the euro area
by Gόrnicka, Lucyna & Koester, Gerrit & Radowski, Daniel & Gautier, Erwan & Peinado, Mario Izquierdo & Stiglbauer, Alfred & Wittekopf, David & Puente, Sergio & Duarte, Claudia & Martins, Fernando & Basso, Gaetano & Lydon, Reamonn & Ploj, Gasper & Polemidiotis, Marios & Pönkä, Harri & Obstbaum, Meri & Petroulas, Pavlos & Veiga, Cindy & Beka, Jan & Benatti, Nicola & Fagandini, Bruno & Healy, Peter & Nizzi, Raffaella & Colonna, Fabrizio & Volkerink, Maikel & Antonopoulos, Christos & Bing, Matthias & Piryankov, Evgeni & Jimenez, Angel Luis Gomez & Saks, Yves & Coppens, Barbara & D’Amuri, Francesco & Zajankauskaitė, Justina & Pribuišis, Kristupas & Lindič, Mojca & Doliak, Michal & Monza, Aurora & Roca I Llevadot, Marc & Polichetti, Gaetano & Gardin, Giulia - 337 Challenges for monetary and fiscal policy interactions in the post-pandemic era
by Bonam, Dennis & Ciccarelli, Matteo & Gomes, Sandra & Aldama, Pierre & Bańkowski, Krzysztof & Buss, Ginters & da Costa, José Cardoso & Christoffel, Kai & Elfsbacka Schmöller, Michaela & Jacquinot, Pascal & Kataryniuk, Ivan & Marx, Magali & Mavromatis, Kostas & Moyen, Stéphane & Mužić, Ivan & Notarpietro, Alessandro & Papageorgiou, Dimitris & Rannenberg, Ansgar & Skotida, Ifigeneia & Bouabdallah, Othman & Dobrew, Michael & Hauptmeier, Sebastian & Holm-Hadulla, Fédéric & Brzoza-Brzezina, Michał & Hurtado, Samuel & Kolasa, Marcin & Patella, Valeria & Renault, Théodore & Domínguez-Díaz, Rubén & Lechthaler, Wolfgang & McClung, Nigel & Šestořád, Tomáš & Silgado-Gómez, Edgar & Železník, Martin & von Thadden, Leopold & Menéndez-Álvarez, Carolina
2023
- 336 NGFS climate scenarios for the euro area: role of fiscal and monetary policy conduct
by Darracq Pariès, Matthieu & Dées, Stéphane & De Gaye, Annabelle & Parisi, Laura & Sun, Yiqiao - 335 The impact of the euro area economy and banks on biodiversity
by Ceglar, Andrej & Boldrini, Simone & Lelli, Chiara & Parisi, Laura & Heemskerk, Irene - 334 An examination of net-zero commitments by the world’s largest banks
by Lialiouti, Georgia & Poignet, Raphael & Di Maio, Carlo & Dimitropoulou, Maria & Farkas, Zoe Lola & Houben, Sem & Plavec, Katharina & Verhoeff, Eline Elisabeth Maria - 333 Living in a world of disappearing nature: physical risk and the implications for financial stability
by Lelli, Chiara & Parisi, Laura & Heemskerk, Irene & Boldrini, Simone & Ceglar, Andrej - 332 The effects of high inflation on public finances in the euro area
by Bańkowski, Krzysztof & Checherita-Westphal, Cristina & Jesionek, Julia & Muggenthaler, Philip & Frutos, Mario Alloza & Avgousti, Aristoklis & Briodeau, Clémence & Brusbārde, Baiba & Caprioli, Francesco & Delobbe, Olivier & Hickey, Ronan & Italianer, Jip & Kivistö, Jarkko & Kuckuck, Jan & Martínez-Pagés, Jorge & Palášthyová, Barbora & Papaoikonomou, Dimitrios & Prammer, Doris & Renzi, Fabrizio & Roter, Mojca & Sant, Kurt & Sazedj, Sharmin & Schmidt, Katja & Schoonackers, Ruben & Strazdaite, Viktorija & Strojan-Kastelec, Andreja & Urke, Katri - 331 The future of DAOs in finance - in need of legal status
by Naudts, Ellen - 330 Inflation, fiscal policy and inequality
by Basso, Henrique S. & Flevotomou, Maria & Freier, Maximilian & Pidkuyko, Myroslav & Amores, Antonio F. & Bischl, Simeon & De Agostini, Paola & De Poli, Silvia & Dicarlo, Emanuele & Maier, Sofia & García-Miralles, Esteban & Ricci, Mattia & Riscado, Sara - 329 How usable are capital buffers?
by Leitner, Georg & Dvořák, Michal & Magi, Alessandro & Zsámboki, Balázs - 328 The Road to Paris: stress testing the transition towards a net-zero economy
by Emambakhsh, Tina & Fuchs, Maximilian & Kördel, Simon & Kouratzoglou, Charalampos & Lelli, Chiara & Pizzeghello, Riccardo & Salleo, Carmelo & Spaggiari, Martina - 327 Understanding the profitability gap between euro area and US global systemically important banks
by Martín Fuentes, Natalia & Di Vito, Luca & Leite, João Matos - 326 Know your (holding) limits: CBDC, financial stability and central bank reliance
by Meller, Barbara & Soons, Oscar - 325 Inflation heterogeneity at the household level
by Strasser, Georg & Messner, Teresa & Rumler, Fabio & Ampudia, Miguel - 324 Price setting during the coronavirus (COVID-19) pandemic
by Henkel, Lukas & Wieland, Elisabeth & Błażejowska, Aneta & Conflitti, Cristina & Fabo, Brian & Fadejeva, Ludmila & Jonckheere, Jana & Karadi, Peter & Macias, Paweł & Menz, Jan-Oliver & Seiler, Pascal & Szafranek, Karol - 323 Measuring inflation with heterogeneous preferences, taste shifts and product innovation: methodological challenges and evidence from microdata
by Osbat, Chiara & Conflitti, Cristina & Eiglsperger, Martin & Goldhammer, Bernhard & Kuik, Friderike & Menz, Jan-Oliver & Rumler, Fabio & Moreno, Marta Saez & Segers, Lina & Wieland, Elisabeth & Bellocca, Gian-Pietro & Siliverstovs, Boriss & Touré, Anaëlle - 322 Micro price heterogeneity and optimal inflation
by Santoro, Sergio & Weber, Henning - 321 Some implications of micro price-setting evidence for inflation dynamics and monetary transmission
by Dedola, Luca & Gautier, Erwan & Nakov, Anton & Santoro, Sergio & De Veirman, Emmanuel & Henkel, Lukas & Fagandini, Bruno - 320 E-commerce and price setting: evidence from Europe
by Strasser, Georg & Wieland, Elisabeth & Macias, Paweł & Błażejowska, Aneta & Szafranek, Karol & Wittekopf, David & Franke, Jörn & Henkel, Lukas & Osbat, Chiara - 319 Price adjustment in the euro area in the low-inflation period: evidence from consumer and producer micro price data
by Gautier, Erwan & Karadi, Peter & Conflitti, Cristina & Fabo, Brian & Fadejeva, Ludmila & Fuss, Catherine & Kosma, Theodora & Jouvanceau, Valentin & Martins, Fernando & Menz, Jan-Oliver & Messner, Teresa & Petroulas, Pavlos & Roldan-Blanco, Pau & Rumler, Fabio & Santoro, Sergio & Seward, Domingos & De Veirman, Emmanuel & Wieland, Elisabeth & Wintr, Ladislav & Wursten, Jesse & Zimmer, Hélène & Amann, Juergen & Faber, Riemer & Bachiller, Javier Sánchez & Stanga, Irina - 318 Enhancing climate resilience of monetary policy implementation in the euro area
by Aubrechtova, Jana & Heinle, Elke & Porcel, Rafel Moyà & Torres, Boris Osorno & Piloiu, Anamaria & Queiroz, Ricardo & Silvonen, Torsti & Vaz Cruz, Lia - 317 Recent advances in the literature on capital flow management
by Beck, Roland & Berganza, Juan Carlos & Brüggemann, Axel & Cezar, Rafael & Eijking, Carlijn & Eller, Markus & Fuentes, Alberto & Alves, Joel Graça & Kreitz, Lilian & Marsilli, Clement & Moder, Isabella & Sánchez, Luis Molina & Naef, Alain & Landi, Valerio Nispi & Scheubel, Beatrice & Theofilakou, Anastasia & Hove, Floriane Van Den & Wesołowski, Grzegorz - 316 Wind-down of bank trading books
by Santoni, Alessandro & Rossignol, Ghislain & Akhouen, Richard - 315 The climate change challenge and fiscal instruments and policies in the EU
by Avgousti, Aris & Caprioli, Francesco & Caracciolo, Giacomo & Cochard, Marion & Dallari, Pietro & Delgado-Téllez, Mar & Domingues, João & Ferdinandusse, Marien & Filip, Daniela & Nerlich, Carolin & Prammer, Doris & Schmidt, Katja & Theofilakou, Anastasia - 314 CCP initial margin models in Europe
by Boudiaf, Ismael Alexander & Scheicher, Martin & Vacirca, Francesco - 313 The legal and institutional feasibility of an EU Climate and Energy Security Fund
by O'Connell, Marguerite & Abraham, Laurent & Oleaga, Iñigo Arruga - 312 The valuation haircuts applied to eligible marketable assets for ECB credit operations
by Adler, Martin & Camba-Méndez, Gonzalo & Džaja, Tomislav & Manzanares, Andrés & Metra, Matteo & Vocalelli, Giorgio - 311 The EU’s Open Strategic Autonomy from a central banking perspective - Challenges to the monetary policy landscape from a changing geopolitical environment
by Ioannou, Demosthenes & Pérez, Javier J. & Almeida, Ana M. & Balteanu, Irina & Kataryniuk, Ivan & Geeroms, Hans & Vansteenkiste, Isabel & Weber, Pierre-François & Attinasi, Maria Grazia & Buysse, Kristel & Campos, Rodolfo & Clancy, Daragh & Essers, Dennis & Faccia, Donata & Freier, Maximilian & Gerinovics, Rinalds & Khalil, Makram & Kosterink, Patrick & Mancini, Michele & Manrique, Marta & McQuade, Peter & Molitor, Philippe & Pulst, Daniela & Timini, Jacopo & Van Schaik, Ilona & Valenta, Vilém & Vergara Caffarelli, Filippo & Viani, Francesca & Viilmann, Natalja & Alonso, Daniel & Bencivelli, Lorenzo & Borgogno, Oscar & Borrallo, Fructuoso & Cuadro-Sáez, Lucía & Di Stefano, Enrica & Esser, Andreas & García-Lecuona, María & Habib, Maurizio Michael & Jeudy, Bruno-Philippe & Lájer, Andrés & Le Gallo, Florian & Martonosi, Ádám & Millaruelo, Antonio & Miola, Andrea & Négrin, Pauline & Zangrandi, Michele Savini & Strobel, Felix & Tylko-Tylczynska, Kalina Paula - 310 The more the merrier? Macroprudential instrument interactions and effective policy implementation
by Lo Duca, Marco & Hallissey, Niamh & Jurca, Pavol & Kouratzoglou, Charalampos & Lima, Diana & Pirovano, Mara & Prapiestis, Algirdas & Saldías, Martín & Tereanu, Eugen & Bartal, Mehdi & Giedraitė, Edita & Granlund, Peik & Lennartsdotter, Petra & Sangaré, Ibrahima & Serra, Diogo & Silva, Fatima & Tuomikoski, Kristiina & Vauhkonen, Jukka
2022
- 309 The role of the IMF in addressing climate change risks
by Committeri, Marco & Brüggemann, Axel & Kosterink, Patrick & Reininger, Thomas & Stevens, Luc & Vonessen, Benjamin & Zaghini, Andrea & Garrido, Isabel & Van Meensel, Lena & Strašuna, Lija & Tiililä, Nea & Weidner, Stephanie & Wilbert, Lucia - 308 Protecting depositors and saving money: Why deposit guarantee schemes in the EU should be able to support transfers of assets and liabilities when a bank fails
by Eule, Joachim & Kastelein, Wieger & Sala, Edoardo - 307 Ensuring adoption of central bank digital currencies – An easy task or a Gordian knot?
by Zamora-Pérez, Alejandro & Coschignano, Eliana & Barreiro, Lorena - 306 Enhancing private and public risk sharing: lessons from the literature and reflections on the COVID-19 crisis
by Cimadomo, Jacopo & Gordo Mora, Esther & Palazzo, Alessandra Anna - 305 A tale of three crises: synergies between ECB tasks
by Hobelsberger, Karin & Kok, Christoffer & Mongelli, Francesco Paolo - 304 The use of the Eurosystem’s monetary policy instruments and its monetary policy implementation framework in 2020 and 2021
by Corsi, Marco & Mudde, Yvo - 303 Disclosure of climate change risk in credit ratings
by Walch, Florian & Breitenstein, Miriam & Ciummo, Stefania - 302 Two-tier system for remunerating excess reserve holdings
by Boucinha, Miguel & Burlon, Lorenzo & Corsi, Marco & della Valle, Guido & Eisenschmidt, Jens & Pool, Sebastiaan & Schumacher, Julian & Vergote, Olivier & Marmara, Iwona - 301 Looking at the evolution of macroprudential policy stance: A growth-at-risk experiment with a semi-structural model
by Boucherie, Louis & Budnik, Katarzyna & Panos, Jiri - 300 TARGET2 analytical tools for regulatory compliance
by Glowka, Marc & Müller, Alexander & Polo Friz, Livia & Testi, Sara & Valentini, Massimo & Vespucci, Stefano - 299 Public wage and pension indexation in the euro area: an overview
by Checherita-Westphal, Cristina & Domingues Semeano, João & Ahonen, Elena & Stinglhamber, Pierrick & Van Parys, Stefan & Clemens, Johannes & Urke, Katri & Soosaar, Orsolya & Vergou, Maria & Flevotomou, Maria & Staunton, David & Martínez-Pagés, Jorge & Avgousti, Aris & Zelionkaite, Gintare & Delobbe, Olivier & Henne, Florian & Brusbārde, Baiba & Farrugia, John & Attard, Juergen & Renzi, Fabrizio & Savegnago, Marco & Prammer, Doris & Reiss, Lukas & Eijsink, Gerard & Italianer, Jip & Campos, Maria Manuel & Kastelec, Andreja Strojan & Palášthyová, Barbora & Pisca, Vratislav & Kivistö, Jarkko - 298 The US labour market after the COVID-19 recession
by Gomez-Salvador, Ramon & Soudan, Michel - 297 The economic impact of the NPLcoverage expectations in the euro area
by Budnik, Katarzyna & Dimitrov, Ivan & Groß, Johannes & Kusmierczyk, Piotr & Lampe, Max & Vagliano, Gianluca & Volk, Matjaz - 296 The macroeconomic and fiscal impact of population ageing
by Bodnár, Katalin & Nerlich, Carolin - 295 Public and private risk sharing: friends or foes? The interplay between different forms of risk sharing
by Giovannini, Alessandro & Ioannou, Demosthenes & Stracca, Livio - 294 Costs of retail payments – an overview of recent national studies in Europe
by Junius, Kerstin & Devigne, Lucas & Honkkila, Juha & Jonker, Nicole & Kajdi, László & Rusu, Codruta & Kimmerl, Johana & Korella, Lukas & Matos, Rodrigo & Menzl, Nadine & Przenajkowska, Karolina & Reijerink, Jelmer & Rocco, Giorgia - 293 Central bank digital currency and bank intermediation
by Adalid, Ramón & Álvarez-Blázquez, Álvaro & Assenmacher, Katrin & Burlon, Lorenzo & Dimou, Maria & López-Quiles, Carolina & Martín Fuentes, Natalia & Meller, Barbara & Muñoz, Manuel A. & Radulova, Petya & Rodriguez d’Acri, Costanza & Shakir, Tamarah & Šílová, Gabriela & Soons, Oscar & Veghazy, Alexia Ventula - 292 An empirical study of securitisations of non-performing loans
by Boudiaf, Ismael Alexander & González, Fernando - 291 The economic impact of Next Generation EU: a euro area perspective
by Bańkowski, Krzysztof & Bouabdallah, Othman & Domingues Semeano, João & Dorrucci, Ettore & Freier, Maximilian & Jacquinot, Pascal & Modery, Wolfgang & Rodríguez-Vives, Marta & Valenta, Vilém & Zorell, Nico - 290 Rate forward guidance in an environment of large central bank balance sheets: a Eurosystem stock-taking assessment
by Coenen, Günter & Montes-Galdón, Carlos & Saint Guilhem, Arthur & Hutchinson, John & Motto, Roberto - 289 Global value chains: measurement, trends and drivers
by Cigna, Simone & Gunnella, Vanessa & Quaglietti, Lucia - 288 Towards a single fiscal performance indicator
by Benalal, Nicholai & Freier, Maximilian & Melyn, Wim & Van Parys, Stefan & Reiss, Lukas
2021
- 287 ECB Consumer Expectations Survey: an overview and first evaluation
by Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, Geoff & Kolndrekaj, Aleksandra & Meyer, Justus & Rusinova, Desislava & Teppa, Federica & Törmälehto, Veli-Matti - 286 Central Bank Digital Currency: functional scope, pricing and controls
by Bindseil, Ulrich & Panetta, Fabio & Terol, Ignacio - 285 To be or not to be “green”: how can monetary policy react to climate change?
by Boneva, Lena & Ferrucci, Gianluigi & Mongelli, Francesco Paolo - 284 Overview of central banks’ in-house credit assessment systems in the euro area
by Auria, Laura & Bingmer, Markus & Graciano, Carlos Mateo Caicedo & Charavel, Clémence & Gavilá, Sergio & Iannamorelli, Alessandra & Levy, Aviram & Maldonado, Alfredo & Resch, Florian & Rossi, Anna Maria & Sauer, Stephan - 283 The impact of the euro on trade: two decades into monetary union
by Gunnella, Vanessa & Lebastard, Laura & Lopez-Garcia, Paloma & Serafini, Roberta & Mattioli, Alessandro Zona - 282 Demand for central bank reserves and monetary policy implementation frameworks: the case of the Eurosystem
by Aberg, Pontus & Corsi, Marco & Grossmann-Wirth, Vincent & Hudepohl, Tom & Mudde, Yvo & Rosolin, Tiziana & Schobert, Franziska - 281 ECB’s economy-wide climate stress test
by Alogoskoufis, Spyros & Dunz, Nepomuk & Emambakhsh, Tina & Hennig, Tristan & Kaijser, Michiel & Kouratzoglou, Charalampos & Muñoz, Manuel A. & Parisi, Laura & Salleo, Carmelo - 280 Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers
by Koester, Gerrit & Lis, Eliza & Nickel, Christiane & Osbat, Chiara & Smets, Frank - 279 The need for an inflation buffer in the ECB’s price stability objective – the role of nominal rigidities and inflation differentials
by Consolo, Agostino & Koester, Gerrit & Nickel, Christiane & Porqueddu, Mario & Smets, Frank - 278 Assessing the efficacy, efficiency and potential side effects of the ECB’s monetary policy instruments since 2014
by Altavilla, Carlo & Lemke, Wolfgang & Linzert, Tobias & Tapking, Jens & von Landesberger, Julian - 277 Evolution of the ECB’s analytical framework
by Holm-Hadulla, Fédéric & Musso, Alberto & Rodriguez-Palenzuela, Diego & Vlassopoulos, Thomas - 276 The mandate of the ECB: Legal considerations in the ECB’s monetary policy strategy review
by Ioannidis, Michael & Murphy, Sarah Jane Hlásková & Zilioli, Chiara - 275 Employment and the conduct of monetary policy in the euro area
by Brand, Claus & Obstbaum, Meri & Coenen, Günter & Sondermann, David & Lydon, Reamonn & Ajevskis, Viktors & Hammermann, Felix & Angino, Siria & Hernborg, Nils & Basso, Henrique & Hertweck, Matthias & Bijnens, Gert & Hutchinson, John & Bobeica, Elena & Jacquinot, Pascal & Bodnár, Katalin & Kanutin, Andrew & Botelho, Vasco & Karsay, Alex & Colciago, Andrea & Kienzler, Daniel & Consolo, Agostino & Kolndrekaj, Aleksandra & De Philippis, Marta & Lhuissier, Stéphane & Da Silva, António Dias & Le Roux, Julien & Dossche, Maarten & Lozej, Matija & Dupraz, Stéphane & Martins, Fernando & Falath, Juraj & Mazelis, Falk & Ferrari, Alessandro & Mongelli, Francesco & Gomes, Sandra & Montero, José & Motto, Roberto & Goy, Gavin & Nakov, Anton & Grasso, Adriana & Osterloh, Steffen & Guglielminetti, Elisa & Pidkuyko, Myroslav & Haavio, Markus & Piton, Celine & Ploj, Gasper & Slacalek, Jiri & Polemidiotis, Marios & Sokol, Andrej & Propst, Maximilian & Soudan, Michel & Neves, Pedro & Szörfi, Béla & Ristiniemi, Annukka & Thaler, Dominik & Pereira, Manuel Bernado Rodrigues & Vanhala, Juuso & Saint Guilhem, Arthur & Warne, Anders & Justo, Ana Seco & Zhutova, Anastasia & Seward, Domingos & Gomez-Salvador, Ramon - 274 Clear, consistent and engaging: ECB monetary policy communication in a changing world
by Assenmacher, Katrin & Glöckler, Gabriel & Holton, Sarah & Trautmann, Peter & Ioannou, Demosthenes & Mee, Simon & Alonso, Conception & Argiri, Eleni & Arigoni, Filippo & Bakk-Simon, Klára & Bergbauer, Stephanie & Bitterlich, Marie Therese & Byron, Jennifer & Carvalho, Alexandre & Catenaro, Marco & Charalampakis, Evangelos & Deroose, Marjolein & Ehrmann, Michael & Fernandez, Ricardo & Ferreira, Clodomiro & Ferrero, Giuseppe & Gardt, Marius & Georgarakos, Dimitris & Gertler, Pavel & Giovannini, Alessandro & Goldfayn-Frank, Olga & Goodhead, Robert & Grandia, Roel & Hellström, Jenni & Hernborg, Nils & Herrala, Niko & Hoffmann, Mathias & Huertgen, Patrick & Ioannidis, Michael & Istrefi, Klodiana & Kalnberzina, Krista & Kedan, Danielle & Kenny, Geoff & Kocharkov, Georgi & Linzert, Tobias & Manrique, Marta & Márquez, Víctor & Mestre, Ricardo & Meyer, Justus & Mönch, Emanuel & Nardelli, Stefano & Newby, Elisa & Nomm, Nele & Pavlova, Lora & Penalver, Adrian & Reedik, Reet & Rieder, Kilian & Ruhe, Corina & Samarina, Anna & Šanta, Martin & Schupp, Fabian & Schultefrankenfeld, Guido & Sciot, Geert & Silgoner, Maria & Skotida, Ifigeneia & Stylianou, Aliki & Taylor, Eva & Tischer, Johannes & Tiseno, Andrea & Weber, Michael & Winkler, Bernhard - 273 Monetary-fiscal policy interactions in the euro area
by Debrun, Xavier & Masuch, Klaus & Ferrero, Guiseppe & Vansteenkiste, Isabel & Ferdinandusse, Marien & von Thadden, Leopold & Hauptmeier, Sebastian & Alloza, Mario & Derouen, Chloé & Bańkowski, Krzysztof & Domingues Semeano, João & Barthélemy, Jean & Eisenschmidt, Jens & Bletzinger, Tilman & Faria, Thomas & Bonam, Dennis & Freier, Maximilian & Bouabdallah, Othman & Galati, Gabriele & Burriel, Pablo & Garcia, José & Campos, Maria & Gardó, Sándor & da Costa, José Cardoso & Gerke, Rafael & Checherita-Westphal, Cristina & Hammermann, Felix & Chmelar, Bernadette & Haroutunian, Stephan & Cimadomo, Jacopo & Hartung, Benjamin & Christoffel, Kai & Jacquinot, Pascal & Kamps, Christophe & Poelhekke, Steven & Kataryniuk, Ivan & Pool, Sebastiaan & Körding, Julia & Prammer, Doris & Kostka, Thomas & Romanelli, Marzia & Maćkowiak, Bartosz & Röttger, Joost & Mazelis, Falk & Sauer, Stephan & Marrazzo, Marco & Schmidt, Katja & Montes-Galdón, Carlos & Schmidt, Sebastian & Muggenthaler, Philip & Schupp, Fabian & Nerlich, Carolin & Setzer, Ralph & Nuño, Galo & Slawinska, Kamila & Ozden, Talga & Trzcinska, Agnieszka & Paulus, Alari & Valenta, Vilém & Penciu, Alexandru & Vladu, Andreea Liliana & Piloiu, Anamaria & Wolswijk, Guido & Pisani, Massimiliano - 272 The role of financial stability considerations in monetary policy and the interaction with macroprudential policy in the euro area
by policy, Work stream on macroprudential & Albertazzi, Ugo & Martin, Alberto & Assouan, Emmanuelle & Tristani, Oreste & Galati, Gabriele & Vlassopoulos, Thomas - 271 Climate change and monetary policy in the euro area
by Drudi, Francesco & Moench, Emanuel & Holthausen, Cornelia & Weber, Pierre-François & Ferrucci, Gianluigi & Setzer, Ralph & Adao, Bernardino & Dées, Stéphane & Alogoskoufis, Spyros & Téllez, Mar Delgado & Andersson, Malin & Di Nino, Virginia & Aubrechtova, Jana & Diez-Caballero, Arturo & Avgousti, Aris & Duarte, Claudia & Barbiero, Francesca & Estrada, Ángel & Boneva, Lena & Faccia, Donata & Breitenfellner, Andreas & Faiella, Ivan & Bua, Giovanna & Farkas, Mátyás & Bun, Maurice & Ferrari, Alessandro & Caprioli, Francesco & Fornari, Fabio & Ciccarelli, Matteo & Mendoza, Alberto Fuertes & Darracq Pariès, Matthieu & Garcia-Sanchez, Pablo & Giovannini, Alessandro & Papadopoulou, Niki & Grüning, Patrick & Parker, Miles & Guarda, Paolo & Petroulakis, Filippos & Hebbink, Gerbert & Piloiu, Anamaria & Murphy, Sarah Jane Hlásková & Ploj, Gasper & Ioannidis, Michael & Pointner, Wolfgang & Isgro, Lorenzo & Popov, Alexander & Kapp, Daniel & Prammer, Doris & Kashama, Mélissa Kasongo & Queiroz, Ricardo & Lopez-Garcia, Paloma & Rachedi, Omar & Lozej, Matija & Rognone, Lavinia & Lydon, Reamonn & Röhe, Oke & Manninen, Otso & Roos, Madelaine & Manzanares, Andrés & Russo, Simone & McInerney, Niall & Santabárbara, Daniel & Meinerding, Christoph & Schotten, Guido & Mikkonen, Katri & Sotomayor, Beatriz & Mistretta, Alessandro & Stracca, Livio & Mongelli, Francesco Paolo & Tamburrini, Fabio & Montes-Galdón, Carlos & Theofilakou, Anastasia & Müller, Georg & Tsalaporta, Pinelopi & Nerlich, Carolin & van den End, Jan Willem & Osiewicz, Malgorzata & Vaz Cruz, Lia & Osorno-Torres, Boris & Weth, Mark Andreas & Ouvrard, Jean-François & Gomez, Gonzalo Yebes & Page, Adrian - 270 Non-bank financial intermediation in the euro area: implications for monetary policy transmission and key vulnerabilities
by Cappiello, Lorenzo & Holm-Hadulla, Fédéric & Maddaloni, Angela & Mayordomo, Sergio & Unger, Robert & Arts, Laura & Meme, Nicolas & Asimakopoulos, Ioannis & Migiakis, Petros & Behrens, Caterina & Moura, Alban & Corradin, Stefano & Nicoletti, Giulio & Ferrando, Annalisa & Niemelä, Juha & Giuzio, Margherita & Petersen, Annelie & Golden, Brian & Pierrard, Olivier & Guazzarotti, Giovanni & Ratnovski, Lev & Gulan, Adam & Schober-Rhomberg, Alexandra & Hertkorn, Andreas & Sigmund, Michael & Kaufmann, Christoph & Soares, Carla & Avakian, Lucía Kazarian & Stupariu, Patricia & Koskinen, Kimmo & Taboga, Marco & Sédillot, Franck & Tavares, Luis Miguel & Matilainen, Jani & Boom, Emme Van den & Mazelis, Falk & Zaghini, Andrea & McCarthy, Barra - 269 The ECB’s price stability framework: past experience, and current and future challenges
by Cecion, Martina & Coenen, Günter & Gerke, Rafael & Le Bihan, Hervé & Motto, Roberto & Aguilar, Pablo & Ajevskis, Viktors & Giesen, Sebastian & Albertazzi, Ugo & Gilbert, Niels & Al-Haschimi, Alexander & Gomes, Sandra & Bornemann, Friederike & Goy, Gavin & Brand, Claus & Grasso, Adriana & Carboni, Giacomo & Grosse-Steffen, Christoph & Cecioni, Martina & Haavio, Markus & Cleanthous, Lena & Hammermann, Felix & Hoffmann, Mathias & Consolo, Agostino & Hölz, Jonas & Corbisiero, Giuseppe & Hurtado, Samuel & Dedola, Luca & Hürtgen, Patrick & Andreeva, Desislava & Hutchinson, John & Dobrew, Michael & Ioannidis, Michael & Dupraz, Stéphane & Kenny, Geoff & Ehrmann, Michael & Kho, Stephen & Fahr, Stephan & Kienzler, Daniel & Gautier, Erwan & Knüppel, Malte & Georgarakos, Dimitris & Kok, Christoffer & Kontulainen, Jarmo & Rannenberg, Ansgar & Kortelainen, Mika & Ristiniemi, Annukka & Röttger, Joost & Lima, Ana Isabel & Locarno, Alberto & Santoro, Sergio & Lojschová, Adriana & Scheer, Alexander & Maletic, Matjaz & Schmidt, Sebastian & Martin, Alberto & Schneider, Jan David & Matheron, Julien & Schultefrankenfeld, Guido & Marx, Magali & Skotida, Ifigeneia & Mazelis, Falk & Soudan, Michel & Meyler, Aidan & Stevens, Arnoud & Mönch, Emanuel & Sturm, Michael & Montes-Galdón, Carlos & Thaler, Dominik & Tosato, Andrea Giorgio & Nikolov, Kalin & Tristani, Oreste & Nuño, Galo & Valderrama, Maria Teresa & Papageorgiou, Dimitris & Weber, Henning & Pavlova, Lora & Wouters, Raf & Penalver, Adrian & Zev, Giordano & Pisani, Massimiliano & Saint Guilhem, Arthur - 268 Key factors behind productivity trends in EU countries
by Modery, Wolfgang & Valderrama, Maria Teresa & Lopez-Garcia, Paloma & Albani, Maria & Anyfantaki, Sofia & Baccianti, Claudio & Barrela, Rodrigo & Bodnár, Katalin & Bun, Maurice & De Mulder, Jan & Falck, Elisabeth & Fenz, Gerhard & Lopez, Beatriz Gonzalez & Labhard, Vincent & Le Roux, Julien & Linarello, Andrea & Martín Fuentes, Natalia & Meinen, Philipp & Moder, Isabella & Oja, Kaspar & Ragacs, Christian & Oke, Roehe & Schulte, Patrick & Justo, Ana Seco & Serafini, Roberta & Setzer, Ralph & Lopez, Irune Solera & Vanhala, Juuso - 267 Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement
by Darracq Pariès, Matthieu & Notarpietro, Alessandro & Kilponen, Juha & Papadopoulou, Niki & Zimic, Srečko & Aldama, Pierre & Langenus, Geert & Alvarez, Luis Julian & Lemoine, Matthieu & Angelini, Elena & Lozej, Matija & Berben, Robert-Paul & Marotta, Fulvia & Carroy, Alice & Matheron, Julien & Christoffel, Kai & Montes-Galdón, Carlos & Ciccarelli, Matteo & Paredes, Joan & Consolo, Agostino & Pisani, Massimiliano & Cova, Pietro & Elfsbacka Schmöller, Michaela & Damjanović, Milan & Smadu, Andra & de Walque, Gregory & Szörfi, Béla & Dupraz, Stéphane & Turunen, Harri & Gumiel, José Emilio & Verona, Fabio & Haertel, Thomas & Vetlov, Igor & Hurtado, Samuel & Warne, Anders & Júlio, Paulo & Zhutova, Anastasia & Kühl, Michael - 266 Digitalisation: channels, impacts and implications for monetary policy in the euro area
by Consolo, Agostino & Cette, Gilbert & Bergeaud, Antonin & Labhard, Vincent & Osbat, Chiara & Kosekova, Stanimira & Anyfantaki, Sofia & Basso, Gaetano & Basso, Henrique & Bobeica, Elena & Ciapanna, Emanuela & Dedola, Luca & Foroni, Claudia & Freystatter, Hanna & Gautier, Erwan & Giron, Celestino & Hartwig, Benny & Peinado, Mario Izquierdo & Jarvis, Valerie & Maqui, Eduardo & Mohr, Matthias & Morris, Richard & Motyovszki, Gergő & Nakov, Anton & Neves, Pedro & Petroulakis, Filippos & Rubene, Ieva & Trezzi, Riccardo & Vivian, Lara & Weber, Henning & Wieland, Elisabeth - 265 Inflation measurement and its assessment in the ECB’s monetary policy strategy review
by Nickel, Christiane & Fröhling, Annette & Álvarez, Luis J. & Willeke, Caroline & Zevi, Giordano & Osbat, Chiara & Ganoulis, Ioannis & Koester, Gerrit & Lis, Eliza & Peronaci, Romana & Hahn, Elke & Beka, Jan & Henkel, Lukas & Conflitti, Cristina & Herzberg, Julika & Costain, James & Hoeberichts, Marco & Eiglsperger, Martin & Jonckheere, Jana & Kalantzis, Yannick & Kapatais, Demetris & Gautier, Erwan & Knetsch, Thomas & Goldhammer, Bernhard & Kondelis, Evripides & Rumler, Fabio & Kouvavas, Omiros & Schwind, Patrick & Krasnopjorovs, Olegs & Sosič, Nika & Strasser, Georg & Lünnemann, Patrick & Trezzi, Riccardo & Martins, Fernando & van Overbeek, Fons & Messner, Teresa & Vilmi, Lauri & Mociunaite, Laura & Vlad, Aurelian & Wauters, Joris & O'Brien, Derry & Weinand, Sebastian & Westermann, Thomas & Popova, Dilyana & Wintr, Ladislav & Porqueddu, Mario & Zekaite, Zivile & Roma, Moreno - 264 Inflation expectations and their role in Eurosystem forecasting
by Baumann, Ursel & Darracq Pariès, Matthieu & Westermann, Thomas & Riggi, Marianna & Bobeica, Elena & Meyler, Aidan & Böninghausen, Benjamin & Fritzer, Friedrich & Trezzi, Riccardo & Jonckheere, Jana & Kulikov, Dmitry & Popova, Dilyana & Pert, Sulev & Michail, Nektarios & Paloviita, Maritta & Brázdik, František & Pönkä, Harri & Bess, Mikkel & Vilmi, Lauri & Jørgensen, Casper & Robert, Pierre-Antoine & Al-Haschimi, Alexander & Gmehling, Philipp & Bańbura, Marta & Hartmann, Matthias & Charalambakis, Evangelos & Menz, Jan-Oliver & Hartwig, Benny & Schupp, Fabian & Hutchinson, John & Speck, Christian & Paredes, Joan & Volz, Ute & Reiche, Lovisa & Bragoudakis, Zacharias & Tirpák, Marcel & Kasimati, Evangelia & Tengely, Veronika & Łyziak, Tomasz & Tagliabracci, Alex & Stanisławska, Ewa & Bessonovs, Andrejs & Iskrev, Nikolay & Krasnopjorovs, Olegs & Gavura, Miroslav & Reichenbachas, Tomas & Damjanović, Milan & Colavecchio, Roberta & Maletic, Matjaz & Galati, Gabriele & Kearney, Ide & Stockhammar, Pär & Leiva-Leon, Danilo - 263 The implications of globalisation for the ECB monetary policy strategy
by Lodge, David & Pérez, Javier J. & Albrizio, Silvia & Everett, Mary & De Bandt, Olivier & Georgiadis, Georgios & Ca' Zorzi, Michele & Lastauskas, Povilas & Carluccio, Juan & Parrága, Susana & Carvalho, Daniel & Venditti, Fabrizio & Cova, Pietro & Attinasi, Maria Grazia & Fontagné, Lionel & Balatti, Mirco & Giron, Celestino & Banerjee, Biswajit & Gunnella, Vanessa & Baumann, Ursel & Hemmerlé, Yannick & Bricongne, Jean-Charles & Jochem, Axel & Chiacchio, Francesco & Karjanlahti, Kristiina & Coimbra, Nuno & Kataryniuk, Ivan & Del Giudice, Davide & Korhonen, Iikka & De Luigi, Clara & Kühnlenz, Markus & Dimitropoulou, Dimitra & Labhard, Vincent & Di Nino, Virginia & Le Mezo, Helena & Dorrucci, Ettore & Meinen, Philipp & Eichler, Eric & Mattias, Nilsson & Feldkircher, Martin & Osbat, Chiara & Felettigh, Alberto & Quaglietti, Lucia & Reininger, Thomas & Stumpner, Sebastian & Schmidt, Julia & Van Schaik, Ilona & Schmitz, Martin & Wacket, Helmut & Serafini, Roberta & Zumer, Tina & Siena, Daniele - 262 The IMF’s role in sovereign debt restructurings
by Committeri, Marco & Alves, Inês & Arthur, Julien & De Marchi, Raffaele & Essers, Dennis & Keeney, Mary & Kosterink, Patrick & Lieber, Alexander & Martinez-Resano, José Ramon & Osińska, Joanna & Spadafora, Francesco & Vasil, Roman & Vonessen, Benjamin - 261 Asset encumbrance in euro area banks: analysing trends, drivers and prediction properties for individual bank crises
by Berthonnaud, Pierre & Cesati, Enrico & Drudi, Maria Ludovica & Jager, Kirsten & Kick, Heinrich & Lanciani, Marcello & Schneider, Ludwig & Schwarz, Claudia & Siakoulis, Vasileios & Vroege, Robert - 260 How useful is market information for the identification of G-SIBs?
by Busch, Pascal & Cappelletti, Giuseppe & Marincas, Vlad & Meller, Barbara & Wildmann, Nadya - 259 Catch me (if you can): assessing the risk of SARS-CoV-2 transmission via euro cash
by Tamele, Barbora & Zamora-Pérez, Alejandro & Litardi, Chiara & Howes, John & Steinmann, Eike & Todt, Daniel - 258 The growth-at-risk perspective on the system-wide impact of Basel III finalisation in the euro area
by Budnik, Katarzyna & Dimitrov, Ivan & Giglio, Carla & Groß, Johannes & Lampe, Max & Sarychev, Andrei & Tarbé, Matthieu & Vagliano, Gianluca & Volk, Matjaz - 257 Policies in support of lending following the coronavirus (COVID 19) pandemic
by Budnik, Katarzyna & Dimitrov, Ivan & Groß, Johannes & Jančoková, Martina & Lampe, Max & Sorvillo, Bianca & Stular, Anze & Volk, Matjaz - 256 One size fits some: analysing profitability, capital and liquidity constraints of custodian banks through the lens of the SREP methodology
by Coste, Charles-Enguerrand & Tcheng, Céline & Vansieleghem, Ingmar - 255 The macroeconomic impact of the Next Generation EU instrument on the euro area
by Bańkowski, Krzysztof & Ferdinandusse, Marien & Hauptmeier, Sebastian & Jacquinot, Pascal & Valenta, Vilém - 254 Measuring the cost of equity of euro area banks
by Altavilla, Carlo & Bochmann, Paul & De Ryck, Jeroen & Dumitru, Ana-Maria & Grodzicki, Maciej & Kick, Heinrich & Fernandes, Cecilia Melo & Mosthaf, Jonas & O’Donnell, Charles & Palligkinis, Spyros - 253 Foreign demand for euro banknotes
by Lalouette, Laure & Zamora-Pérez, Alejandro & Rusu, Codruta & Bartzsch, Nikolaus & Politronacci, Emmanuelle & Delmas, Martial & Rua, António & Brandi, Marco & Naksi, Martti
2020
- 252 Fiscal transfers and economic convergence
by Capella-Ramos, João & Checherita-Westphal, Cristina & Leiner-Killinger, Nadine - 251 Liquidity in resolution: comparing frameworks for liquidity provision across jurisdictions
by Grund, Sebastian & Nomm, Nele & Walch, Florian - 250 Liquidity in resolution: estimating possible liquidity gaps for specific banks in resolution and in a systemic crisis
by Parisi, Laura & Chalamandaris, Dimitrios & Amamou, Raschid & Torstensson, Pär & Baumann, Andreas - 249 A review of economic analyses on the potential impact of Brexit
by L´Hotellerie-Fallois, Pilar & Vergara Caffarelli, Filippo & Geeroms, Hans & de Almeida, Ana M. & Bisciari, Patrick & Byrne, Stephen & Campos, Rodolfo & Conefrey, Thomas & Cappariello, Rita & Damjanović, Milan & Estrada, Ángel & Gunnella, Vanessa & Gutiérrez Chacón, Eduardo & Haincourt, Sophie & Hoeberichts, Marco M. & Kadow, Alexander & van Limbergen, Duncan & Mancini, Michele & Martín Machuca, César & Roth, Moritz & Sastre, Teresa & Timini, Jacopo - 248 The case for central bank independence: a review of key issues in the international debate
by Dall’Orto Mas, Rodolfo & Vonessen, Benjamin & Fehlker, Christian & Arnold, Katrin - 247 Stablecoins: Implications for monetary policy, financial stability, market infrastructure and payments, and banking supervision in the euro area
by Force, ECB Crypto Assets Task - 245 The use of the Eurosystem’s monetary policy instruments and its monetary policy implementation framework between the first quarter of 2018 and the fourth quarter of 2019
by Sylvestre, Julie & Coutinho, Cristina - 244 Virtually everywhere? Digitalisation and the euro area and EU economies
by Anderton, Robert & Jarvis, Valerie & Labhard, Vincent & Morgan, Julian & Petroulakis, Filippos & Vivian, Lara - 243 Climate change and the macro economy
by Andersson, Malin & Baccianti, Claudio & Morgan, Julian - 242 Cross-border spillover effects of macroprudential policies: a conceptual framework
by Financial Stability Committee, Task Force on cross-border Spillover Effects of macroprudential measures & Kok, Christoffer & Reinhardt, Dennis - 241 Exchange rate pass-through in the euro area and EU countries
by Ortega, Eva & Osbat, Chiara - 240 Fiscal expenditure spillovers in the euro area: an empirical and model-based assessment
by Alloza, Mario & Ferdinandusse, Marien & Jacquinot, Pascal & Schmidt, Katja - 239 A fiscal capacity for the euro area: lessons from existing fiscal-federal systems
by Burriel, Pablo & Chronis, Panagiotis & Freier, Maximilian & Hauptmeier, Sebastian & Reiss, Lukas & Stegarescu, Dan & Van Parys, Stefan - 238 Revisiting the monetary presentation of the euro area balance of payments
by Picón Aguilar, Carmen & Soares, Rodrigo Oliveira & Adalid, Ramón
2019
- 237 The ECB after the crisis: existing synergies among monetary policy, macroprudential policies and banking supervision
by Cassola, Nuno & Kok, Christoffer & Mongelli, Francesco Paolo - 236 Overcapacities in banking: measurements, trends and determinants
by Gardó, Sándor & Klaus, Benjamin - 235 Conditionality and design of IMF-supported programmes
by Committeri, Marco & L´Hotellerie-Fallois, Pilar & Algarra, Monica & Balteanu, Irina & Eijking, Carlijn & Estefanía, Julia & Gallego, Sonsoles & Garelli, Serena & Gibson, Heather & Heinbuecher, Robert & Janssens, Caroline & Krahnke, Tobias & Lerner, Christina & Keating, Michelle O’Donnell & Serra, Xavier & Schiavone, Alessandro & Stevens, Luc & Vasardani, Melina & Vonessen, Benjamin - 234 Early French and German central bank charts and regulations
by Bindseil, Ulrich - 233 Financial stability assessment for EU candidate countries and potential candidates
by Comunale, Mariarosaria & Geis, André & Gkrintzalis, Ioannis & Moder, Isabella & Polgár, Éva Katalin & Quaglietti, Lucia & Savelin, Li - 232 Understanding low wage growth in the euro area and European countries
by Bobeica, Elena & Koester, Gerrit & Lis, Eliza & Nickel, Christiane & Porqueddu, Mario - 231 Taking stock of the functioning of the EU fiscal rules and options for reform
by Kamps, Christophe & Leiner-Killinger, Nadine - 230 In search for stability in crypto-assets: are stablecoins the solution?
by Bullmann, Dirk & Klemm, Jonas & Pinna, Andrea - 229 Are instant payments becoming the new normal? A comparative study
by Hartmann, Monika & Gijsel, Lola Hernandez-van & Plooij, Mirjam & Vandeweyer, Quentin - 228 Role of cross currency swap markets in funding and investment decisions
by Brophy, Thomas & Herrala, Niko & Jurado, Raquel & Katsalirou, Irene & Le Quéau, Léa & Lizarazo, Christian & O’Donnell, Seamus - 227 Macroprudential policy at the ECB: Institutional framework, strategy, analytical tools and policies
by Cabral, Inês & Detken, Carsten & Fell, John & Henry, Jérôme & Hiebert, Paul & Kapadia, Sujit & Pires, Fatima & Salleo, Carmelo & Constâncio, Vítor & Nicoletti Altimari, Sergio - 226 Macroprudential stress test of the euro area banking system
by Budnik, Katarzyna & Balatti, Mirco & Dimitrov, Ivan & Groß, Johannes & Hansen, Ib & Kleemann, Michael & Sanna, Francesco & Sarychev, Andrei & Siņenko, Nadežda & Volk, Matjaz & Covi, Giovanni & di Iasio, Giovanni & Cera, Katharina & Giuzio, Margherita & Mirza, Harun & Moccero, Diego & Nicoletti, Giulio & Pancaro, Cosimo & Palligkinis, Spyros - 225 Firm heterogeneity and trade in EU countries: a cross-country analysis
by Giordano, Claire & Lopez-Garcia, Paloma - 224 Economic structures 20 years into the euro
by Sondermann, David & Consolo, Agostino & Gunnella, Vanessa & Koester, Gerrit & Lambrias, Kyriacos & Lopez-Garcia, Paloma & Nerlich, Carolin & Petroulakis, Filippos & Saiz, Lorena & Serafini, Roberta - 223 Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures
by Manaa, Mehdi & Chimienti, Maria Teresa & Adachi, Mitsutoshi & Athanassiou, Phoebus & Balteanu, Irina & Calza, Alessandro & Devaney, Conall & Diaz Fernandez, Ester & Eser, Fabian & Ganoulis, Ioannis & Laot, Maxime & Philipp, Günther & Poignet, Raphael & Sauer, Stephan & Schneeberger, Doris & Stracca, Livio & Tapking, Jens & Toolin, Colm & Tyler, Carolyn & Wacket, Helmut - 222 Monetary policy, credit institutions and the bank lending channel in the euro area
by Altavilla, Carlo & Andreeva, Desislava & Boucinha, Miguel & Holton, Sarah - 221 The impact of global value chains on the euro area economy
by Gunnella, Vanessa & Al-Haschimi, Alexander & Benkovskis, Konstantins & Chiacchio, Francesco & de Soyres, François & Di Lupidio, Benedetta & Fidora, Michael & Franco-Bedoya, Sebastian & Frohm, Erik & Gradeva, Katerina & Lopez-Garcia, Paloma & Koester, Gerrit & Nickel, Christiane & Osbat, Chiara & Pavlova, Elena & Schmitz, Martin & Schroth, Joachim & Skudelny, Frauke & Tagliabracci, Alex & Vaccarino, Elena & Wörz, Julia & Dorrucci, Ettore - 220 The impact of lending standards on default rates of residential real estate loans
by Gaudêncio, João & Mazany, Agnieszka & Schwarz, Claudia - 219 Anticipating the bust: a new cyclical systemic risk indicator to assess the likelihood and severity of financial crises
by Lang, Jan Hannes & Izzo, Cosimo & Fahr, Stephan & Ruzicka, Josef - 218 Availability of high-quality liquid assets and monetary policy operations: an analysis for the euro area
by Grandia, Roel & Hänling, Petra & Russo, Michelina Lo & Aberg, Pontus
2018
- 217 The natural rate of interest: estimates, drivers, and challenges to monetary policy JEL Classification: E52, E43
by Brand, Claus & Bielecki, Marcin & Penalver, Adrian - 216 A euro area macroeconomic stabilisation function: assessing options in view of their redistribution and stabilisation properties
by Koester, Gerrit & Sondermann, David - 215 Business investment in EU countries
by Bańbura, Marta & Albani, Maria & Ambrocio, Gene & Bursian, Dirk & Buss, Ginters & de Winter, Jasper & Gavura, Miroslav & Giordano, Claire & Júlio, Paulo & Le Roux, Julien & Lozej, Matija & Malthe-Thagaard, Sune & Maria, José R. & Martínez Carrascal, Carmen & Meinen, Philipp & Michail, Nektarios & Papageorgiou, Dimitris & Pool, Sebastian & Ravnik, Rafael & San Juan del Peso, Lucio & Tóth, Máté & Zevi, Giordano - 214 Systemic liquidity concept, measurement and macroprudential instruments
by Bonner, Clemens & Wedow, Michael & Budnik, Katarzyna & Koban, Anne & Kok, Christoffer & Laliotis, Dimitrios & Meller, Barbara & Melo, Ana Sofia & Moldovan, Iulia & Schmitz, Stefan & Couaillier, Cyril & Duijm, Patty & Faykiss, Peter & Gajewski, Krzysztof & Izquierdo Rios, Laura & Lamas, Matías & Lialiouti, Georgia & Loehe, Sebastian & Matos, Joana & Morão, Alexandra & Pereira, Ana & Pessarossi, Pierre & Ponte Marques, Aurea & Roling, Christoph & Rutkauskas, Virgilijus & Silbermann, Leonid & Szakacs, Janos & Tissari, Päivi & Ubl, Eva & Di Virgilio, Domenica & Vlachogiannakis, Nikolaos & Holtorf, Claudia - 213 A quantitative analysis of the size of IMF resources
by L´Hotellerie-Fallois, Pilar & Broos, Menno & Herrero, Sonsoles Gallego & Chamorro, Isabel Garrido & Vicente, Fernando López & Mukhopadhyay, Mayukh & Maurini, Claudia & Vonessen, Benjamin - 212 Real convergence in central, eastern and south-eastern Europe
by Żuk, Piotr & Savelin, Li - 211 Macroeconomic imbalances in the euro area: where do we stand?
by Pierluigi, Beatrice & Sondermann, David - 210 Structural policies in the euro area
by Masuch, Klaus & Anderton, Robert & Setzer, Ralph & Benalal, Nicholai - 209 The use of the Eurosystem’s monetary policy instruments and its monetary policy implementation framework Q2 2016 - Q4 2017
by Bock, Alexander & Cajnko, Miha & Daskalova, Svetla & Durka, Iwona & Gallagher, Brian & Grandia, Roel & Haberbush, Glenn & Kamps, Annette & Luskin, Alaoishe & Russo, Michelina Lo & Lozoya, Mª Carmen Castillo & Pasqualone, Filippo & Thomas, Michael & Vasconcelos, Isabel - 208 Completing the Banking Union with a European Deposit Insurance Scheme: who is afraid of cross-subsidisation?
by Carmassi, Jacopo & Dobkowitz, Sonja & Evrard, Johanne & Parisi, Laura & Silva, André & Wedow, Michael - 207 Strengthening the Global Financial Safety Net
by IRC Taskforce on IMF Issues - 206 The transition of China to sustainable growth – implications for the global economy and the euro area
by Dieppe, Alistair & Gilhooly, Robert & Han, Jenny & Korhonen, Iikka & Lodge, David - 205 Real and financial cycles in EU countries - Stylised facts and modelling implications
by Rünstler, Gerhard & Balfoussia, Hiona & Burlon, Lorenzo & Buss, Ginters & Comunale, Mariarosaria & De Backer, Bruno & Dewachter, Hans & Guarda, Paolo & Haavio, Markus & Hindrayanto, Irma & Iskrev, Nikolai Ivanov & Jaccard, Ivan & Kulikov, Dmitry & Kunovac, Davor & Lequien, Matthieu & Lozej, Matija & Mandler, Martin & Papageorgiou, Dimitris & Pedersen, Jesper & Perez-Quiros, Gabriel & Rannenberg, Ansgar & Rots, Eyno & Scharnagl, Michael & Welz, Peter & Lenarčič, Črt
2017
- 204 Modelling euro banknote quality in circulation
by Deinhammer, Harald & Ladi, Anna - 203 Real convergence in the euro area: a long-term perspective
by Diaz del Hoyo, Juan Luis & Dorrucci, Ettore & Heinz, Frigyes Ferdinand & Muzikarova, Sona - 202 Developing macroprudential policy for alternative investment funds
by van der Veer, Koen & Levels, Anouk & Lambert, Claudia & Weistroffer, Christian & Chaudron, Raymond & van Stralen, René de Sousa & Molestina Vivar, Luis - 201 The use of cash by households in the euro area
by Esselink, Henk & Gijsel, Lola Hernandez-van - 200 The distribution of excess liquidity in the euro area
by Baldo, Luca & Hallinger, Benoît & Helmus, Caspar & Herrala, Niko & Martins, Débora & Mohing, Felix & Petroulakis, Filippos & Resinek, Marc & Vergote, Olivier & Usciati, Benoît & Wang, Yizhou - 199 Tracing European structured finance counterparty networks
by Amzallag, Adrien & Blau, Maximilian L. - 198 Large net foreign liabilities of euro area countries
by Zorell, Nico - 197 Access to finance in the Western Balkans
by Moder, Isabella & Bonifai, Niccolò - 196 The Eurosystem’s asset purchase programme and TARGET balances
by Eisenschmidt, Jens & Kedan, Danielle & Schmitz, Martin & Adalid, Ramón & Papsdorf, Patrick - 195 The profitability of banks in a context of negative monetary policy rates: the cases of Sweden and Denmark
by Madaschi, Christophe & Pablos Nuevo, Irene - 194 A new database for financial crises in European countries
by Lo Duca, Marco & Koban, Anne & Basten, Marisa & Bengtsson, Elias & Klaus, Benjamin & Kusmierczyk, Piotr & Lang, Jan Hannes & Detken, Carsten & Peltonen, Tuomas - 193 Dark pools in European equity markets: emergence, competition and implications
by Petrescu, Monica & Wedow, Michael - 192 Labour market adjustment in Europe during the crisis: microeconomic evidence from the Wage Dynamics Network survey
by Izquierdo, Mario & Jimeno, Juan Francisco & Kosma, Theodora & Lamo, Ana & Millard, Stephen & Rõõm, Tairi & Viviano, Eliana - 191 The transmission channels of monetary, macro- and microprudential policies and their interrelations
by Beyer, Andreas & Nicoletti, Giulio & Papadopoulou, Niki & Papsdorf, Patrick & Rünstler, Gerhard & Schwarz, Claudia & Sousa, João & Vergote, Olivier - 190 Financial stability assessment of EU candidate and potential candidate countries
by Gächter, Martin & Macki, Piotr & Moder, Isabella & Polgár, Éva Katalin & Savelin, Li & Żuk, Piotr - 189 The Eurosystem collateral framework explained
by Bindseil, Ulrich & Corsi, Marco & Sahel, Benjamin & Visser, Ad - 188 The use of the Eurosystem’s monetary policy instruments and operational framework since 2012
by Alvarez, Inmaculada & Casavecchia, Fabio & Luca, Marino De & Duering, Alexander & Eser, Fabian & Helmus, Caspar & Hemous, Christophe & Herrala, Niko & Jakovicka, Julija & Russo, Michelina Lo & Pasqualone, Filippo & Rubens, Marc & Prior Soares, Rita Isabel & Zennaro, Fabrizio - 187 The Analytical Credit Dataset - A magnifying glass for analysing credit in the euro area
by Israël, Jean-Marc & Damia, Violetta & Bonci, Riccardo & Watfe, Gibran - 186 EU consumers’ quantitative inflation perceptions and expectations: an evaluation
by Arioli, Rodolfo & Bates, Colm & Dieden, Heinz Christian & Duca, Ioana & Friz, Roberta & Gayer, Christian & Kenny, Geoff & Meyler, Aidan & Pavlova, Iskra - 185 Debt sustainability analysis for euro area sovereigns: a methodological framework
by Warmedinger, Thomas & Checherita-Westphal, Cristina & Drudi, Francesco & Setzer, Ralph & De Stefani, Roberta & Bouabdallah, Othman & Westphal, Andreas - 184 Benchmarking institutional and structural indicators in EU candidate and potential candidate countries
by Savelin, Li & Alvarez Orviz, Roberto - 183 Stress-Testing of liquidity risk in TARGET2
by Frutos de Andres, Juan Carlos & Papsdorf, Patrick & Arciero, Luca & Hellqvist, Matti & Heyvaert, Patrick & Kaliontzoglou, Alexandros & König, Ronald & Korpinen, Kasperi & Martin, Clement & Müller, Alexander & Perez Garcia de Mirasierra, Miguel & Ponsart, Maxime & Rainone, Edoardo & Rosenkranz, Peter & Testi, Sara - 182 Euro area fiscal stance
by Ferdinandusse, Marien & Checherita-Westphal, Cristina & Attinasi, Maria Grazia & Lalouette, Laure & Bańkowski, Krzysztof & Palaiodimos, Georgios & Trindade Campos, Maria Manuel - 181 Low inflation in the euro area: Causes and consequences
by Ciccarelli, Matteo & Osbat, Chiara
2016
- 180 Dealing with large and volatile capital flows and the role of the IMF
by Broos, Menno & Ghalanos, Michalis & Kennedy, Bernard & Landbeck, Alexander & Lerner, Christina & Menezes, Paula & Schiavone, Alessandro & Tilley, Thomas & Viani, Francesca & Reinhardt, Dennis & Metzemakers, Paul & L´Hotellerie-Fallois, Pilar & Moreno, Pablo & Balteanu, Irina & Beirne, John & Brüggemann, Axel & Bussière, Matthieu & Estrada, Ángel & Frost, Jon & Herzberg, Valerie & Vonessen, Benjamin - 179 The euro area bank lending survey
by Köhler-Ulbrich, Petra & Hempell, Hannah S. & Scopel, Silvia - 178 Understanding the weakness in global trade - What is the new normal?
by Cabrillac, Bruno & Al-Haschimi, Alexander & Babecká Kucharčuková, Oxana & Borin, Alessandro & Bussière, Matthieu & Cezar, Raphael & Derviz, Alexis & Dimitropoulou, Dimitra & Ferrara, Laurent & Gächter, Martin & Gaulier, Guillaume & Hukkinen, Juhana & Keeney, Mary & Lodge, David & Mancini, Michele & Marsilli, Clement & Martínez-Martin, Jaime & Mroczek, Wojciech & Muck, Jakub & Pavlova, Elena & Rariga, Judit & Šalaševičius, Juozas & Santabárbara, Daniel & Skudelny, Frauke & Slopek, Ulf & Steingress, Walter & Tuckett, Alex & Van Horen, Neeltje & van Limbergen, Duncan & Walravens, Laurent & Wörz, Julia - 177 What do we know about the global financial safety net? Rationale, data and possible evolution
by Stracca, Livio & Scheubel, Beatrice - 176 The fiscal and macroeconomic effects of government wages and employment reform
by Pérez, Javier J. & Rodríguez-Vives, Marta & Depalo, Domenico & Papapetrou, Evangelia & Aouriri, Marie & Campos, Maria M. & Celov, Dmitrij & Pesliakaitė, Jurga & Ramos, Roberto - 175 Labour market modelling in the light of the financial crisis
by Lafourcade, Pierre & Gerali, Andrea & Brůha, Jan & Bursian, Dirk & Buss, Ginters & Corbo, Vesna & Haavio, Markus & Håkanson, Christina & Hlédik, Tibor & Kátay, Gábor & Kulikov, Dmitry & Lozej, Matija & Maria, José R. & Micallef, Brian & Papageorgiou, Dimitris & Vanhala, Juuso & Zeleznik, Marin - 174 Shadow banking in the euro area: risks and vulnerabilities in the investment fund sector
by Molitor, Philippe & Doyle, Nicola & Hermans, Lieven & Weistroffer, Christian - 173 Safeguarding the euro as a currency beyond the state
by van Riet, Ad - 172 Distributed ledger technologies in securities post-trading - Revolution or evolution?
by Ruttenberg, Wiebe & Pinna, Andrea - 171 Basel III and recourse to Eurosystem monetary policy operations
by Wedow, Michael & Sahel, Benjamin & Scalia, Antonio & Schobert, Franziska & Bucalossi, Annalisa & Fonseca Coutinho, Cristina & Junius, Kerstin & Luskin, Alaoishe & Momtsia, Angeliki & Rahmouni-Rousseau, Imene & Schmitz, Stefan & Prior Soares, Rita Isabel - 170 Strengthening the role of local currencies in EU candidate and potential candidate countries
by Windischbauer, Ulrich - 169 Profit distribution and loss coverage rules for central banks
by Studener, Werner & Merriman, Niall & Karakitsos, Polychronis & Bunea, Daniela - 168 What's so special about specialization in the euro area?
by Mongelli, Francesco Paolo & Reinhold, Elisa & Papadopoulos, Georgios - 167 Savings and investment behaviour in the euro area
by Rodriguez-Palenzuela, Diego & Dées, Stéphane & Andersson, Malin & Bijsterbosch, Martin & Forster, Katrin & Zorell, Nico & Audoly, Richard & Buelens, Christian & Compeyron, Guillaume & Ferrando, Annalisa & Felt, Marie-Hélène & Jaccard, Ivan & Morris, Richard & Özyurt, Selin & Radde, Sören & Rusinova, Desislava & Saiz, Lorena & Piette, Cristophe & Van Nieuwenhuyze, Christophe & Nagengast, Arne J. & Raudsaar, Taavi & Malk, Liina & Everett, Mary & Catiforis, Christos & Panagiotou, Stelios & Urtasun, Alberto & Burker, Matthias & Vicard, Vincent & Scoccianti, Filippo & Papageorghiou, Maria & Bluzma, Osvalds & Di Filippo, Gabriele & Porpiglia, Alessandro & Gatt, William & Öztürk, Bahar & Perridon, Anneli & Albacete, Nicolás & Costa, Sonia & Silva, Nuno & Herman, Uroš & Zorko, Robert & Strachotova, Anna & Gulan, Adam
2015
- 166 The side effects of national financial sector policies: framing the debate on financial protectionism
by Beck, Roland & Reinhardt, Dennis & Rebillard, Cyril & Ramos-Tallada, Julio & Peeters, Jolanda & Paternò, Francesco & Wörz, Julia & Beirne, John & Weissenseel, Lisa - 165 Public debt, population ageing and medium-term growth
by Dieppe, Alistair & Mourinho Félix, Ricardo & Marchiori, Luca & Grech, Owen & Albani, Maria & Lalouette, Laure & Kulikov, Dmitry & Papadopoulou, Niki & Sideris, Dimitris & Irac, Delphine & Gordo Mora, Esther & Vogel, Edgar & Guarda, Paolo & González Pandiella, Alberto & Kilponen, Juha & Rodano, Lisa - 164 Financial stability challenges in EU candidate and potential candidate countries
by Ramon-Ballester, Francisco & Oláh, Zsolt & Dancsik, Bálint & Colabella, Andrea & Moder, Isabella & Shehu, Klodion & Maloku, Krenare & Vaskov, Mihajlo & Bozovic, Borko & Vlahovic, Ana & Vasilijev, Dejan & Kuhles, Winona & Huljak, Ivan & Papazoglou, Christos & Savelin, Li & Ĉervená, Marianna & Pulst, Daniela & Manolov, Stoyan & Jimborean, Ramona & Macki, Piotr & Lalouette, Laure & Posch, Michaela & Çakmak, Bahadır - 163 Compendium on the diagnostic toolkit for competitiveness
by Osbat, Chiara & Zollino, Francesco & Aiello, Giovanni & Bluhm, Benjamin & Buelens, Christian & Cavallini, Flavia & Joseph, Andreas & Leonte, Alexandru & Lommatzsch, Kirsten & Momchilov, Georgi & Giordano, Claire & Bobeica, Elena & Christodoulopoulou, Styliani & Karadeloglou, Pavlos & Tkačevs, Olegs & Wörz, Julia & Benkovskis, Konstantins & De Clercq, Maarten & Orszaghova, Lucia & Silgoner, Maria & Lopez-Garcia, Paloma & Pappadà, Francesco & Vermeulen, Robert & Prades Illanes, Elvira - 162 Fiscal multipliers and beyond
by Hernández de Cos, Pablo & Warmedinger, Thomas & Checherita-Westphal, Cristina