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

I. Benedetti, G. Guarini, T. Laureti – Digitalization in Europe: a potential driver of energy efficiency for the twin transition

This paper aims to study the impact of digitalization on energy efficiency in Europe, where institutions are committed t...

February 2, 2023

A. Fabrizi, G. Guarini, V. Meliciani – The impact of environmental research networks on green exports: an analysis of a sample of European countries

This paper studies the impact of environmental research networks on green exports by providing a unique contribution to ...

January 9, 2023

F. Bontadini, V. Meliciani, M. Savona, A. Wirkierman – Nearshoring and Farsharing in Europe: implications for employment

This paper documents recent trends in the geographical distribution of value added across Global Value Chains (GVCs) and...

September 27, 2022

P. Canofari, G. Di Bartolomeo, M. Messori: Dancing on the edge of stagflation

The European Central Bank (ECB) is facing a dangerous trade-off between the control of supply-led inflation and the need...

September 20, 2022

L. Ferrari, V. Meliciani – Public Spending for Future Generations: Recent Trends in EU Countries

Public investment, traditionally measured using the so-called gross fixed capital formation (hereinafter, GFCF) of the p...

June 28, 2022

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

Monthly Briefs

Five Bullets

Europe: Facts & Docs

This section contains policy documents, meeting summaries and news that come directly from the EU institutions.

Newsletter

LEAP sends out monthly newsletters containing fellowship opportunities, application calls, updates, and news.

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