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: 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
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
Working Papers
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
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
Monthly Briefs
Five Bullets
Europe: Facts & Docs
This section contains policy documents, meeting summaries and news that come directly from the EU institutions.
Outlook for the euro area economy and financial stability – Speech by Luis de Guindos, Vice-President of the ECB, November 13, 2023
Read the transcript...
November 13, 2023
Interview with Christine Lagarde, President of the ECB, Novembre 4, 2023
Read the transcript...
November 6, 2023
Opening remarks by President von der Leyen at the joint press conference with President Michel following the meeting of the European Council of 27 October 2023
Read the statement...
October 30, 2023
Opening remarks by President von der Leyen at the joint press conference with President Michel following the meeting of the European Council of 26 October 2023
Read the statement...
October 27, 2023
ECB Press Conference – October 26, 2023
Get all the info...
October 27, 2023
Commission sets out immediate actions to support the European wind power industry – October 24, 2023
Read the press release...
October 25, 2023
Statement by Christine Lagarde, President of the ECB, at the forty-eight meeting of the International Monetary and Financial Committee – October 14, 2023
Read the transcript...
October 18, 2023
Reducing inflation – Interview with Christine Lagarde, President of the ECB – October 8, 2023
Read the transcript...
October 10, 2023
Towards an orderly transition – Opening remarks by Christine Lagarde, President of the ECB, at the joint IEA-ECB-EIB High-Level International Conference on “Ensuring an orderly energy transition: Europe’s competitiveness and financial stability in a period of global energy transformation” – September 29, 2023
Read the transcript...
September 29, 2023
Newsletter
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