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: Post-war global supply chains – Europe must defend economic cooperation
The European Union is the most open trading area in the world. Changes in the flows of imports and exports have a more p...
April 10, 2022
C. Bastasin: How Italy was about to be excluded from the euro – A behind-the-scenes reconstruction of a historical event
Helmut Kohl’s request, even before saying goodbye, took me completely by surprise: “Tell me about your famil...
March 29, 2022
C. Bastasin: A critical assessment of German Rearmament
If it was not for the events in Ukraine, at any other time Germany’s rearmament, announced by surprise on February 27 ...
March 14, 2022
L. Bini Smaghi – La Riforma del Patto di Stabilità e Crescita: Ce n’è veramente bisogno?
Con la graduale uscita dall’emergenza pandemica e il consolidamento della ripresa economica si avvicina la fine del pe...
February 24, 2022
S. Micossi – Managing sovereign debts held by the ESCB: operational and legal constraints
Following the proposal by Avgouleas and Micossi (2021) and Micossi (2021), several authors (Amato and Saraceno 2022, Bag...
February 23, 2022
M. Messori – Italy’s national Recovery and Resilience Plan: Efficient use of resources and social well-being
The extraordinary funds made available by Next Generation-EU (NGEU), and – in particular – by its most impor...
February 14, 2022
C. De Vincenti – The “do no significant harm” principle: Two possible interpretations
With the European Commission’s recent draft document that includes, albeit under restrictive conditions, gas and ...
February 2, 2022
S. Micossi – Reform of the Stability Pact: First principles
A crowded seminar held by the Astrid Foundation has launched in Italy the discussion on the future of the European...
January 27, 2022
M. Buti, G. Papaconstantinou – European Public Goods: How can we supply more?
The discussion on the supply and finance of public goods at European level is part and parcel of the broader discussion ...
January 26, 2022
Working Papers
A. Erce, E. Mallucci, M. Picarelli: A Journey in the History of Sovereign Defaults on Domestic Law Public Debt
We introduce a novel database on sovereign defaults that involve public debt in- struments governed by domestic law. By ...
September 22, 2021
P. Della Posta, R. Tamborini: The existential trilemma of the EMU in a fiscal target-zone model
The lesson we draw from the EMU crisis of the 2010s, and from the outbreak of the COVID-19 pandemic, is that the EMU, wh...
September 8, 2021
F. Bontadini, R. Evangelista, V. Meliciani, M. Savona: Patterns of integration in global value chains and the changing structure of employment in Europe
This paper aims at revisiting the empirical evidence on the recent trends of countries’ integration in global value ch...
September 1, 2021
J. Bonchi – Asset Price Bubbles and Monetary Policy: Revisiting the Nexus at the Zero Lower Bound
Asset price bubbles are a major source of macroeconomic instability, but can they play a different role in a low interes...
June 18, 2021
T. Asonuma, M. Chamon, A. Erce, A. Sasahara – Costs of Sovereign Defaults: Restructuring Strategies and Financial Intermediation
Sovereign debt restructurings are associated with declines in the growth of GDP, invest- ment, bank credit to the privat...
May 31, 2021
A. Wirkierman, T. Ciarli, M. Savona: A Taxonomy of European Innovation Clubs
The paper provides a novel, empirically grounded map of innovation ‘clubs’ in the EU, based on a unique analysis of ...
May 18, 2021
C.De Vincenti, P. Bonaretti: Mercato dei farmaci e governance regolatoria
L’attuale assetto di regolazione del mercato farmaceutico nel nostro Paese è segnato da due elementi costitutivi del...
May 12, 2021
C. Oldani, B. Giannini – Sustainability of public debt in Europe: the use of swaps
This study contributes to the literature on public debt sustainability and investigates whether European countries manag...
April 28, 2021
S. De Nardis, F. Parente: Technology, Task and wage-bill changes in the EU countries
Drawing on the methodological framework from Acemoglu and Restrepo (2019), this paper investigates the influence of tech...
March 24, 2021
Monthly Briefs
Five Bullets
Newsletter
LEAP sends out occasional newsletters containing fellowship opportunities, application calls, updates, and news.
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