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 – 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
L. Bini Smaghi – The new ECB Strategy: What will change?
On 8 July 2021 the ECB published its new Monetary Policy Strategy. Following the announcement, it is legitimate to ask w...
July 26, 2021
S. Micossi: La riforma del Patto di stabilità e crescita
Queste brevi note offrono qualche spunto che spero utile sulla discussione in corso sulla revisione del Patto di stabili...
June 16, 2021
C. Bastasin, L. Bini Smaghi, S. De Nardis, C. De Vincenti, V. Meliciani, M. Messori, S. Micossi, P. C. Padoan, G. Toniolo: Three conditions for the Italian reforms’ success
The Italian government’s programs for changing the inertia of the country’s economy are well founded. After thir...
June 14, 2021
C. Bastasin: A rearview mirror mentality wrapped in a small-country syndrome
A year ago, the European Union reached its Hamiltonian moment. The sense of human solidarity in the face of death and th...
May 31, 2021
Working Papers
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
C. De Vincenti, S. Facciolini: Mercati postali, servizio universale, regolazione
Quali sono le caratteristiche strutturali del mercato dei servizi postali rilevanti per la definizione del quadro normat...
October 12, 2020
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: Theory, Evidence, and Risks of the ECB’s Asset Purchase Programme
In response to the COVID-19 crisis, the ECB has relaunched a massive asset purchase programme within its combined-arms m...
October 2, 2020
L. Codogno, P. van den Noord: Going fiscal? A stylised model with fiscal capacity and a Eurobond in the Eurozone
The paper shows that the introduction a Eurobond together with fiscal capacity at the centre would produce macro-stabili...
April 9, 2020
G. Galli: The reform of the ESM and why it is so controversial in Italy
Key Points The draft reform of the European Stability Mechanism (henceforth ESM) was not approved as scheduled at the Eu...
April 8, 2020
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 – 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
Press statement by President von der Leyen with Italian Prime Minister Meloni – May 25, 2023
Read the statement...
May 29, 2023
Capital Markets Union: Commission proposes new rules to protect and empower retail investors in the EU – May 24, 2023
Read the press release...
May 24, 2023
Policy guidance under the European Semester: Sustaining reforms and investments to secure the EU’s long-term prosperity, competitiveness, fairness and resilience – May 24, 2023
Read the press release...
May 24, 2023
EU Customs Reform: A data-driven vision for a simpler, smarter and safer Customs Union – May 17, 2023
Read the press release...
May 18, 2023
Newsletter
LEAP sends out occasional newsletters containing fellowship opportunities, application calls, updates, and news.
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