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: Monetary policy and central fiscal capacity in the euro area
The new inflationary peaks reached in the Euro Area (EA) last summer have led the European Central Bank (ECB) to strengt...
October 21, 2022
C. Bastasin: What the European Commission says to Budapest should be heard in Rome too
Under the pressure of the European Parliament, on September 18 the European Commission finally proposed the application ...
September 28, 2022
I. Angeloni, C. Bastasin, L. Bini Smaghi, V. Meliciani, S. Micossi, P. C. Padoan, P. Parascandolo: La crisi del gas rafforza l’esigenza di politiche economiche in linea con le raccomandazioni europee
Dopo la ragguardevole crescita del Prodotto interno lordo ottenuta grazie anche all’azione di politica economica del g...
August 29, 2022
L. Bini Smaghi: Scudo anti-spread e politica monetaria
Che differenza c’è tra lo scudo anti-spread varato dieci anni fa, dopo il famoso “Whatever it takes” pronunciato ...
August 2, 2022
C. Bastasin: Draghi’s resignation and a new – more clever – Fiscal Compact
Italy’s political instability resurfaced on July 14 when Prime Minister Mario Draghi presented his resignation to the ...
July 18, 2022
C. De Vincenti – Green Investments: Two Possible Interpretations of the “Do No Significant Harm” Principle
The concrete implementation of the Next Generation EU strategy and the recent emergence of energy security problem have ...
July 11, 2022
C. Bastasin: Europe cannot be strong if fragmentation risks linger in the euro area
Officially, the fragmentation risks of the euro area – or the extreme divergence of financial conditions in member sta...
June 15, 2022
F. Bontadini, V. Meliciani, M. Savona, A. Wirkierman: Nearshoring and Farsharing in Europe within the Global Economy
Has the world economy really entered a phase of de-globalisation or deceleration in globalisation after the great recess...
June 10, 2022
C. Bastasin: Europe should not encourage the “China vs the US” bipolarity
Deglobalization does not forcedly mean less multilateralism. This is how Europe should think about the likely coming bip...
May 10, 2022
Working Papers
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: Stagflation and fragmentation – the euro area at the crossroads
The euro area may be about to experience something new: fragmentations in its financial markets in a situation character...
June 8, 2022
A. Macchiati, R. Vitelli: Mercati del gas e transizione energetica
L’aumento dei prezzi del gas e, conseguentemente dell’energia elettrica, registrato inizialmente nell’ultimo trime...
April 4, 2022
J. Bonchi, S. Nisticò: Heterogeneity, Bubbles and Monetary Policy
Using a tractable New Keynesian model with heterogeneous agents, we analyze the interplay between heterogeneity and rati...
February 8, 2022
M. Amato, F. Saraceno: Squaring the circle – How to guarantee fiscal space and debt sustainability with a European Debt Agency
This paper contributes to the debate on European macroeconomic governance. What is at stake is creating fiscal space for...
January 19, 2022
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: The Implementation and Rationale of the ECB’s New Inflation Target
In July 2021, the ECB’s target was revised, specifying that the 2% inflation rate threshold should be applied symm...
November 8, 2021
F. Bontadini, R. Evangelista, V. Meliciani, M. Savona – Asymmetries in global value chain integration, technology and employment structures in Europe: Country and sectoral evidence
This paper provides empirical evidence on the complex role played by technology in affecting the relationship between th...
November 8, 2021
P. Esposito, V. Larocca, M. Messori, M. Mischitelli – Bank-based or Market-based financial sources: Which is better for the EU?
This paper examines the relationships between the financial structure and the economicperformance of non-financial corpo...
November 8, 2021
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: Financial Dominance in the Pandemic and Post-Pandemic European Economy
Differently from past episodes, the European institutions responded to the pandemic shock with an appropriate policy mix...
October 4, 2021
P. Nicolaides – The Dispute-Settlement Provisions of the EU-UK Trade and Cooperation Agreement: Are they Adequate for the Task?
The Trade and Cooperation Agreement between the European Union and the United Kingdom has established new institutions a...
September 23, 2021
Monthly Briefs
Five Bullets
Newsletter
LEAP sends out occasional newsletters containing fellowship opportunities, application calls, updates, and news.
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