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.

The center produces policy briefs, working papers, five bullets and a monthly newsletter. All publications are available online.

Policy Briefs

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

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

Working Papers

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

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

Monthly Briefs

Five Bullets

Europe: Facts & Docs

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

Newsletter

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

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