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
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
C. Bastasin: The strange reasons why Europe will have a “Golden Rule” in 2020
As recently as the beginning of 2018, the International Monetary Fund issued one of its most upbeat economic forecasts i...
October 23, 2019
L. Carpentieri, S. Micossi, P. Parascandolo: Overhauling corporate taxation in the digital economy
Is the corporate income tax (CIT) still an efficient system for taxing companies today? The CIT was introduced when econ...
October 22, 2019
P. C. Padoan: Public Debt Reduction in Uncertain Times – With a View to Europe
We live in uncertain times both economically – growth remains weak, especially in the fundamentals – and in ...
September 16, 2019
Working Papers
P. Canofari, M. Messori: Exit Risks and Contagion in the Euro Area
This paper aims to assess the possible impact that the depreciation of a common currency can have on the stability of th...
November 20, 2015
F. Landini, A. Arrighetti, A. Lasagni – Economic Crisis and Firm Exit: Do Intangibles Matter?
The crisis in the Euro area has caused several business closures, especially in the EMU periphery. In this paper we use ...
November 15, 2015
G. Bruzzone, M. Cassella, S. Micossi: The EU Regulatory Framework for Bank Resolution
The financial crisis of 2008-09 and the ensuing sovereign debt and banking crises within the eurozone exposed the presen...
October 31, 2015
F. Balassone, M. Committeri – Europe and the IMF: nec sine te, nec tecum …
As the sovereign debt crisis burst in 2010, the European Union lacked both the instruments and the expertise to manage t...
June 21, 2015
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
Monthly Briefs
Five Bullets
Europe: Facts & Docs
This section contains policy documents, meeting summaries and news that come directly from the EU institutions.
Monetary policy in a new environment – Speech by Christine Lagarde, President of the ECB, at the European Banking Congress, November 18
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November 21, 2022
Statement by Commission President von der Leyen at the G20 Summit session on food and energy security, November 15
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November 16, 2022
ECB Financial Stability Review, November 2022
The Financial Stability Review provides an overview of potential risks to financial stability in the euro area. It aims ...
November 16, 2022
COP27: EU calls on all Parties to take concrete steps to limit global warming to 1.5°C and respect the Paris Agreement – November 4
Read the press release...
November 9, 2022
Monetary policy in a high inflation environment: commitment and clarity – Lecture by Christine Lagarde, President of the ECB, organised by Eesti Pank and dedicated to Professor Ragnar Nurkse – November 4
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November 7, 2022
Opening remarks by European Commission Executive Vice-President Dombrovskis at the press conference of the informal Foreign Affairs Council on Trade – October 31
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October 31, 2022
ECB Press Conference – October 27
President Christine Lagarde and Vice-President Luis de Guindos explained the Governing Council’s latest monetary polic...
October 31, 2022
European Council, 20-21 October 2022 – Main Results
Get all the info...
October 25, 2022
Speech by President von der Leyen at the European Parliament Plenary on the preparation of the European Council meeting of 20-21 October 2022
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October 19, 2022
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