Publications
Our publications aim to provide in-depth information on issues that are at the forefront of the European agenda, including commentary, research, and policy recommendations.
LEAP produces policy briefs, working papers, five bullets and a monthly newsletter. All publications are available online.
Policy Briefs
R. Perissich: Macron’s world view
Emmanuel Macron is a highly intelligent man and a profound, articulate thinker. He is also the President of France. Outs...
November 27, 2020
M. Buti, M. Messori – Implementing the Recovery and Resilience Plans: The Case of Italy
The exceptionality of the pandemic, its exogenous nature that has reduced the importance of the ‘moral hazard̵...
November 16, 2020
S. Micossi: Sovereign debt management in the euro area as a common action problem
This Policy Brief discusses the question of sovereign debt management in the euro area following the large increase in t...
October 14, 2020
S. Micossi: An international role for the euro?
One proposition that commands universal agreement is that the euro deserves a greater international role, justified by t...
October 2, 2020
C. De Vincenti: The Impact of Next Generation EU on the 2021-27 Multiannual Financial Framework
The adoption of the Next Generation EU (NG-EU) strategy is a significant breakthrough with respect to the confrontation ...
September 29, 2020
C. Bastasin: A permanent Recovery Fund requires a European Government
On July 21, 2020, the European Council agreed on the Next Generation – EU (NG-EU). The new exceptional temporary r...
September 25, 2020
M. Buti, M. Messori – Next Generation-EU: Italy must not miss this opportunity
As is widely recognized, the agreement reached at the 17-21 July 2020 European Council meeting can represent a milestone...
August 21, 2020
G. Toniolo – Next Generation EU: Una condizionalità virtuosa
Trovato, piuttosto rapidamente, l’accordo sulla Dimensione complessiva del fondo Next Generation EU (NGEU), confermand...
July 28, 2020
C. Bastasin, L. Bini Smaghi, C. De Vincenti, M. Messori, S. Micossi, P. C. Padoan, G. Toniolo: The main hurdles to overcome in order to save Italy
The pandemic struck an Italy weakened by a quarter of a century of economic and social decline and trapped in a vicious ...
July 23, 2020
Working Papers
V. Ceriani, G. Ricotti: The international coordination of corporate taxation: old solutions for new challenges?
The ways in which multinational companies operate in the current economic context questions the adequacy of internationa...
March 15, 2019
P. Benigno: Monetary Policy in a World of Cryptocurrencies
Can currency competition destabilize central banks’ control of interest rates and prices? Yes, it can. In a two-cu...
February 8, 2019
P. Esposito, S. Collignon, S. Scicchitano: Immigration and Unemployment in Europe: Does the core-periphery dualism matter?
In this paper, we assess the relation between immigration and unemployment for a sample of 15 EU countries between 1997 ...
February 1, 2019
F. Felici, E. Nicosia: The Credibility Legacy
In the last decade, citizens’ trust of economic experts has considerably declined. Even though the cause of this situa...
January 21, 2019
R. Mazzocchi, R. Tamborini: Current Account Imbalances and the Euro Area
The critical role of current account imbalances (CAI) is widely shared in the consensus narratives of the European crisi...
January 15, 2019
M. Messori: FINANCIAL INSTABILITY AND EVOLUTION IN THE EUROPEAN MONETARY UNION
From mid-2007 to mid-2013 the European Economic and Monetary Union (EMU) was characterized by financial and ‘real’ c...
December 1, 2018
P. Canofari, G. Di Bartolomeo, M. Messori: Sovereign Debt Crisis, Fiscal Consolidation and Quantitative Easing in a Monetary Union
In a stylized model of the EMU, where centralized and national policy authorities strategically interact, we show that q...
November 10, 2018
M. Committeri, P. Tommasino: Managing sovereign debt restructurings in the euro zone
European economic governance is again under the spotlight. Several reform proposals have been put forward in recent year...
June 20, 2018
L.Bini Smaghi, M. Marcussen – Strengthening the euro area ArchitectureL: A proposal for Purple bonds
The euro area is currently facing a dilemma. While it is widely recognized that its architecture needs to be strengthene...
May 20, 2018
Monthly Briefs
Five Bullets
Europe: Facts & Docs
This section contains policy documents, meeting summaries and news that come directly from the EU institutions.
ECB press conference – March 16, 2023
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March 17, 2023
Statement by President von der Leyen following her meeting with US President Biden – March 10, 2023
Read the statement...
March 10, 2023
Capital markets union: Council adopts revised framework for European long-term investment funds – March 7, 2023
Read the press release...
March 8, 2023
Too early to declare victory against inflation – Interview with Christine Lagarde, President of the ECB, March 5, 2023
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March 6, 2023
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 1-2 February 2023 (March 2, 2023)
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March 2, 2023
Bringing inflation back to target – Interview with Christine Lagarde, President of the ECB – February 27, 2023
Read the transcript...
February 27, 2023
NextGenerationEU: Two years on since its adoption, the Recovery and Resilience Facility continues to be a central driver of the EU’s green and digital transformation – February 22, 2023
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February 22, 2023
Interview with Christine Lagarde, President of the ECB – February 20, 2023
Watch the interview...
February 20, 2023
Winter 2023 Economic Forecast: EU economy set to avoid recession, but headwinds persist – February 13, 2023
Read the press release...
February 13, 2023
Newsletter
LEAP sends out occasional newsletters containing fellowship opportunities, application calls, updates, and news.