Publications
Policy Briefs
Working Papers
Monthly Briefs
Five Bullets
Europe: Facts & Docs
Newsletter

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

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Working Papers

P. Benigno, S. Nisticò: Non-Neutrality of Open-Market Operations

Unconventional open-market operations can have consequences for inflation and out- put because of income losses on centr...

June 15, 2015

S. Micossi: The Monetary policy of the European Central Bank (2002 t0 2015)

This paper examines the policies pursued by the European Central Bank (ECB) since the inception of the euro. The ECB was...

June 10, 2015

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

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Monthly Briefs

Five Bullets

Europe: Facts & Docs

This section contains policy documents, meeting summaries and news that come directly from the EU institutions.

Speech by President von der Leyen at the European Parliament Plenary on the preparation of the European Council meeting of 20-21 October 2022

Read the transcript...

October 19, 2022

Statement by Christine Lagarde, President of the ECB, at the forty-sixth meeting of the International Monetary and Financial Committee – October 14, 2022

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October 19, 2022

Speech by European Commission President Ursula von der Leyen at the EU Ambassadors Conference 2022 – October 12

Click here to read the transcript...

October 14, 2022

Hearing of the Committee on Economic and Monetary Affairs of the European Parliament – September 26, 2022

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic and Monetary Affairs of t...

September 28, 2022

Monetary policy in the euro area – Lecture by Christine Lagarde, President of the ECB, organised by Frankfurter Gesellschaft für Handel, Industrie und Wissenschaft – September 20, 2022

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September 21, 2022

Energy prices: Commission proposes emergency market intervention to reduce bills for Europeans – September 14, 2022

Read the press release...

September 14, 2022

2022 State of the Union Address by President von der Leyen – September 14, 2022

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September 14, 2022

The ECB monetary policy statement – September 8, 2022

Click here to get all the information...

September 8, 2022

EUROPEAN COMMISSION: Statement by President von der Leyen on energy – September 7, 2022