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
D. Gros: A (E)U-turn from Nord Stream 2 towards a European Strategic Gas Reserve
The EU does not have an army. It thus cannot defend Ukraine from a Russian invasion, but it can at least put itself in a...
January 26, 2022
A. Boitani, R. Tamborini: Reforming the European fiscal governance. Beyond new rules
As of March 2020, at the outbreak of the Covid-19 pandemic, the fiscal rules of the European Economic and Monetary Union...
January 25, 2022
C. Bastasin: Why a pro-European President of the Italian Republic is vital for the country’s economy
The role of Italy’s President, differently from the premiership, does not wield executive powers. Nevertheless, its fu...
January 25, 2022
C. Bastasin, L. Bini Smaghi, V. Meliciani, M. Messori, S. Micossi, P. C. Padoan, G. Toniolo – Legge di Bilancio: troppa spesa corrente se l’inflazione spinge i tassi d’interesse
Questo policy brief analizza criticamente lo stato attuale della politica di bilancio italiana e le prospettive di infla...
December 29, 2021
C. Bastasin – The lack of political integration in European governance: The case in the conflict between security in Europe and democracy in Poland
Strengthening political integration is tacitly coming of age in Europe after the pandemic crisis led the European Union ...
November 30, 2021
S. Micossi – On the selling of sovereigns held by the ESCB to the ESM: A revised proposal
This paper presents an in-depth review of the proposal by Micossi (2020) and Avgouleas and Micossi (2021) to transfer a ...
November 15, 2021
G. L. Tosato: Legal considerations on the Avgouleas-Micossi proposal
Recently, Micossi (2020) and Avgouleas and Micossi (2021) proposed to transfer the sovereign bonds purchased by the ESCB...
September 8, 2021
G. Colazzo: The debate on how to the EMU’s economic governance framework
On 5 February 2020, the European Commission published a “Communication”1 on Economic Governance Review, opening a pu...
September 1, 2021
V. Meliciani, M. Pini – Digitalization and productivity in Italy: Opportunities and risks of the NRRP
Next Generation EU is an important opportunity for Italy to relaunch its growth and productivity in discontinuity with t...
July 28, 2021
Working Papers
R. Jakubeit: The Wirecard scandal and the role of BaFin
The objective of this paper is to derive policy lessons for capital markets supervision in the EU from the 2020 scandal ...
March 22, 2021
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: The ECB’s Measures in Support of the COVID-19 Crisis
This paper illustrates and discusses the monetary policies activated in response to the COVID-19 crisis. We argue that t...
March 4, 2021
D. Di Cagno, A. Fabrizi, M. Marini, V. Meliciani: Knowledge networks in joint research projects, innovation and economic growth across European regions
This paper investigates the role played by the position of European regions in research networks on their rate of innova...
January 31, 2021
A. Franconi – Opening the Black Box of Austerity: Evidence from Fiscal Consolidation Plans
This paper explores the effects of austerity measures on labour markets and on income inequality and finds evidence of a...
January 20, 2021
C. Battiati, C. Jona-Lasinio, E. Marvasi, S. Sopranzetti – Market power and productivity trends in the European economies: A macroeconomic perspective
Recent empirical investigations have documented an upward trend in profit rates, markups, and concentration over the las...
January 18, 2021
J. Bonchi, F. S. Lucidi – Asset Price Bubbles with Low Interest Rates: Not All Bubbles are Likely to Emerge
Leveraged asset price bubbles, i.e., boom-bust phases in asset prices accompanied by credit overhangs, are more harmful ...
December 5, 2020
L. Codogno, P. van den Noord: Assessing Next Generation EU
The unprecedented fiscal package adopted by the European Council in the summer of 2020 ―dubbed Next Generation EU―is...
November 30, 2020
P. Benigno, P. Canofari, G. Di Bartolomeo, M.Messori: Uncertainty and the Pandemic Shocks
The COVID-19 pandemic shocks are a significant source of uncertainty in several aspects. In particular, these shocks inf...
November 11, 2020
G. Ascari, J. Bonchi: (Dis)Solving the Zero Lower Bound Equilibrium through Income Policy
We investigate the possibility to reflate an economy experiencing a long-lasting zero lower bound episode with subdued o...
October 23, 2020
Monthly Briefs
Five Bullets
Newsletter
LEAP sends out occasional newsletters containing fellowship opportunities, application calls, updates, and news.
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