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.
The center produces policy briefs, working papers, five bullets and a monthly newsletter. All publications are available online.
Policy Briefs
L. Bini Smaghi: The Judgment of the German Constitutional Court in incomprehensible
On 5 May 2020 the German Constitutional Court (GCC) ruled that the decision taken by the European Court of Justice (ECJ)...
May 15, 2020
G. L. Tosato: The Decision of the German Constitutional Court on the Public Sector Purchase Programme of the European Central Bank
On 5 May 2020, the German Constitutional Court (GCC) issued a long-awaited judgment in which it jointly addressed severa...
May 6, 2020
G. L. Tosato – The Recovery Fund: Legal Issues
In the video conference of April 23 the European Council (EC) agreed, with the consent of all Member States (MS), to est...
May 1, 2020
C. Bastasin, L. Bini Smaghi, M. Messori, S. Micossi, P. C. Padoan, F. Passacantando, G. Toniolo: Notes for the European Council Meeting
The reflections underlying the Italian position in the European negotiation seem to refer mainly to both financial and p...
April 22, 2020
G. L. Tosato – The Union’s budget balance pursuant to art. 310 TFEU: What is the impact on the European anti-coronavirus measures?
In a period in which European anti-coronavirus measures are being heatedly discussed, it is necessary to verify which co...
April 17, 2020
P. C. Padoan: Response to Covid-19: Mechanisms against unemployment
At the Eurogroup meeting of April 9 it was decided to introduce new tools to support the economy and/or to strengthen th...
April 16, 2020
R. Perissich: Logic, facts and common sense in the time of Covid-19
European countries have faced the Covid-19 pandemic unprepared and on the basis of scant scientific knowledge about the ...
April 15, 2020
S. Micossi: Raising growth in the euro area
The economic policy debate in Europe – or rather in the euro area – seems deadlocked. We would like higher growth of...
April 15, 2020
P. Reichlin: The ECB should have a much larger role in the coronavirus crisis
The COVID-19 lockdown is a major aggregate shock on the world economy. Because it is aggregate, it will not be easily mi...
April 14, 2020
Working Papers
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
P. Canofari, A. Piergallini, G.Piersanti: The Fallacy of Fiscal Discipline
Fiscal discipline is commonly evaluated on the basis of the debt-GDP ratio, which exhibits a stock variable measured rel...
March 20, 2018
M. Buti – THE NEW GLOBAL ECONOMIC GOVERNANCE: CAN EUROPE HELP WIN THE PEACE?
Global economic governance has evolved dramatically in recent years. Emerging and developing countries have risen in imp...
January 21, 2018
S. Berardia, A. Marcelletti – Family Business: Control and concentration in euro-area companies
Corporate governance architecture is central to the dynamics by which successful firms and economies improve their perfo...
December 15, 2017
M. Fragetta, M. Tamoborini: It’s not austerity. Or is it?
While the debate over the relationship between austerity and growth in Europe has been lively and intense, systematic an...
October 21, 2017
G. Brunello, E. Lodigiani, L. Rocco: Does Low Skilled Immigration Cause Human Capital Polarization?
While there is a vast literature considering the labor market effects of immigration, less has been done to investigate ...
September 21, 2017
Monthly Briefs
Five Bullets
Europe: Facts & Docs
This section contains policy documents, meeting summaries and news that come directly from the EU institutions.
Too early to declare victory against inflation – Interview with Christine Lagarde, President of the ECB, March 5, 2023
Read the interview...
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)
Get all the info...
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
Read the press release...
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
Opening remarks by President von der Leyen at the joint press conference with President Michel following the special meeting of the European Council of 9 February 2023
Read the statement...
February 10, 2023
The battle against inflation is not over yet – Interview with Luis de Guindos, Vice-President of the ECB – February 8, 2023
Read the interview...
February 9, 2023
ECB Press Conference – February 2, 2023
Get all the info...
February 6, 2023
Newsletter
The center sends out monthly newsletters containing fellowship opportunities, application calls, updates, and news.
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