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
M. Messori – The economy in the time of the coronavirus: The different limits of the monetary and fiscal policies
The dramatic coronavirus pandemic will likely have heavy and prolonged recessive effects on the European and internation...
March, 15 2020
R. Perissich: A tale of four balls and one grenade
After the 2016 Brexit referendum, the UK and the EU have gone through more than 3 years of negotiations that were someti...
February, 28 2020
R. Tamborini: Beware of pitfalls in the Review of Policy Strategy of the European Central Bank
After taking office on November 1, 2019, the most important announcement from the new President of the European Central ...
January, 24 2020
C. Bastasin: Italy and Germany in Trump’s cross hairs
While the US and China trade rift is settling down, President Trump is setting his sights on Europe and, surprisingly, I...
January, 17 2020
L. Codogno, M. Monti: Taking stock of Christine Lagarde’s challenges at the ECB
Christine Lagarde’s reign at the European Central Bank (ECB) has heralded a shift not in the monetary policy field, bu...
January, 14 2020
C. Bastasin: The Year of “Eufouria”
The resolve of a self-professed geopolitical European Commission will be severely tested in the coming months. President...
January, 14 2020
L. Bini Smaghi: Is the ECB at risk of becoming an underachiever?
Over the past eight years the European Central Bank has systematically failed to achieve its primary objective of price ...
January, 10 2020
C. Bastasin: German political earthquake may have consequences on the banking union and the ESM
A change of leadership in the Social Democratic Party (SPD), the junior partner in the German coalition government, may ...
November, 28 2019
L. Codogno – The fiscal stimulus that is not: why there is no fiscal expansion in sight for the eurozone
As in Peter Pan’s fictional island of Neverland, people in Euroland refuse to grow up and face reality. The “never-n...
November, 13 2019
Working Papers
P. Esposito: Trade (dis)Integration and Imbalances in the EMU
The aim of this paper is to assess the role of competitiveness and financial integration on trade flows for countries be...
May, 30 2015
C. Gianetti: Debt Concentration of European Firms
This paper investigates the level of debt specialization across European firms relying on a cross-country comparable sam...
March, 31 2015
C. Fassio: Export-Led Innovation Among European Firms
This paper investigates the effect of exporting activities on the innovation strategies of European firms in France, Ger...
March, 14 2015
A. Boitani, R. Tamborini – Fiscal Policy Coordination: A Necessary Step for the Eurozone Recovery
The prolonged recession in the Eurozone is mainly due to austerity policies, which are based on faulty theoretical found...
February, 21 2015
C. Brescia Morra: From the Single Supervisory Mechanism to the Banking Union
The agreement on the Single Supervisory Mechanism (SSM) is an important step to create an integrated banking system in E...
June, 25 2014
P. Canofari, G. Marini, G. Piersanti: Expectations and Systemic Risk in EMU Government Bond Spreads
This paper explores the determinants of 10-years sovereign bond spreads over the German Bund benchmark in the Euro Zone ...
June, 18 2014
C. Fassio: Sectoral Systems or Distance-to-the-Frontier Effects on Innovation?
This study analyzes empirically whether the Sectoral Systems of Innovation or the Distance- to-the-Frontier perspective ...
June, 10 2014
Five Bullets
Europe: Facts & Docs
This section contains policy documents, meeting summaries and news that come directly from the EU institutions.