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

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

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

Working Papers

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

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

Monthly Briefs

Five Bullets

Europe: Facts & Docs

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

Single Currency Package: new proposals to support the use of cash and to propose a framework for a digital euro – June 28, 2023

Read the press release...

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

Read the press release...

June 26, 2023

European Semester 2023: country-specific recommendations agreed – June 16, 2023

Read the press release...

June 19, 2023

ECB Press Conference – June 15, 2023

Get all the info...

June 19, 2023

Sustainable Finance: Commission takes further steps to boost investment for a sustainable future – June 13, 2023

Read the press release...

June 13, 2023

Banking Union and Capital Markets Union – Keynote speech by Luis de Guindos, Vice-President of the ECB, at the Annual Joint Conference of the European Commission and the European Central Bank on European Financial Integration – June 7, 2023

Read the transcript...

June 7, 2023

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic and Monetary Affairs of the European Parliament – June 5, 2023

Read the transcript...

June 7, 2023

Keynote speech by Commission President von der Leyen at the GLOBSEC 2023 Bratislava Forum – May 31, 2023

Read the transcript...

June 7, 2023

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