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: 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
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
Working Papers
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
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
Monthly Briefs
Five Bullets
Europe: Facts & Docs
This section contains policy documents, meeting summaries and news that come directly from the EU institutions.
ECB Press Conference – July 27, 2023
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July 27, 2023
Strengthening resilience in a changing geopolitical landscape – Welcome address by Christine Lagarde, President of the ECB, at the 9th ECB conference on central, eastern and south-eastern European countries – July 17, 2023
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July 17, 2023
Interview with Christine Lagarde, President of the ECB – July 7, 2023
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July 10, 2023
2023 Strategic Foresight Report: sustainability and wellbeing at the heart of Europe’s Open Strategic Autonomy – July 6, 2023
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July 10, 2023
Single Currency Package: new proposals to support the use of cash and to propose a framework for a digital euro – June 28, 2023
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July 5, 2023
Breaking the persistence of inflation – Speech by Christine Lagarde, President of the ECB, at the ECB Forum on Central Banking 2023 on “Macroeconomic stabilisation in a volatile inflation environment” in Sintra, Portugal – June 27, 2023
Read the transcript ECB Forum on Central Banking 2023...
June 28, 2023
EU budget: Commission proposes to reinforce long-term EU budget to face most urgent challenges – June 20, 2023
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June 26, 2023
European Semester 2023: country-specific recommendations agreed – June 16, 2023
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June 19, 2023
ECB Press Conference – June 15, 2023
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June 19, 2023
Newsletter
LEAP sends out occasional newsletters containing fellowship opportunities, application calls, updates, and news.