Publications published in 2016

22/09/2016
Economic Bulletin Issue 6, 2016 Web version PDF version ePub version
22/09/2016
Focus: What accounts for the recent decoupling between the euro area GDP deflator and the HICP excluding energy and food? Economic Bulletin Issue 6, 2016
22/09/2016
Focus: Liquidity conditions and monetary policy operations in the period from 27 April to 26 July 2016 Economic Bulletin Issue 6, 2016
22/09/2016
Focus: Financing constraints in euro area regions Economic Bulletin Issue 6, 2016
21/09/2016
Article: The employment-GDP relationship since the crisis Economic Bulletin Issue 6, 2016
21/09/2016
Focus: Factors behind developments in average hours worked per person employed since 2008 Economic Bulletin Issue 6, 2016
20/09/2016
Letter from the ECB President to Mr Fernández and Mr Tang, MEPs, on monetary policy
20/09/2016
Letter from the ECB President to ALDE MEPs regarding the reinstatement of the waiver affecting the eligibility of Greek bonds
20/09/2016
Focus: Determinants of the slowdown in global trade: what is the new normal? Economic Bulletin Issue 6, 2016
19/09/2016
Working paper no. 1966: An inflation-predicting measure of the output gap in the euro area
19/09/2016
Occasional paper no. 179: The euro area bank lending survey
19/09/2016
Focus: Global production patterns from a European perspective: insights from a survey of large euro area firms Economic Bulletin Issue 6, 2016
16/09/2016
Working paper no. 1965: Bank interest rate setting in the euro area during the Great Recession
16/09/2016
Working paper no. 1964: Signals from the government: policy disagreement and the transmission of fiscal shocks
15/09/2016
Occasional paper no. 178: Understanding the weakness in global trade - What is the new normal?
15/09/2016
Occasional paper no. 177: What do we know about the global financial safety net? Rationale, data and possible evolution GFSN data: en
14/09/2016
Working paper no. 1963: Institutions, public debt and growth in Europe
14/09/2016
Working paper no. 1962: Multiplex interbank networks and systemic importance: an application to European data
14/09/2016
Working paper no. 1961: Have FOMC minutes helped markets to predict FED funds rate changes? Published in: Journal of Macroeconomics, Volume 49, September 2016: pp 18-32
14/09/2016
Eurosystem contribution to the European Commission's DG FISMA consultation paper on further considerations for the implementation of the net stable funding ratio in the European Union
13/09/2016
Working paper no. 1960: Got rejected? Real effects of not getting a loan
12/09/2016
Working paper no. 1959: Interbank loans, collateral and modern monetary policy
12/09/2016
Working paper no. 1958: How you export matters: the disassortative structure of international trade
09/09/2016
Working paper no. 1957: Net debt supply shocks in the euro area and the implications for QE
09/09/2016
Working paper no. 1956: The ECB's asset purchase programme: an early assessment
09/09/2016
Working paper no. 1955: Has the exchange rate pass through recently declined in the euro area?
08/09/2016
ECB staff macroeconomic projections for the euro area, September 2016
31/08/2016
Letter from the ECB President to Mr Reinhard Bütikofer, MEP, concerning the ECB's work on green finance
31/08/2016
Letter from the ECB President to Mr Nikolaos Chountis, MEP, on the legal framework for appointing the members of banks’ boards of directors
ENGLISH
OTHER LANGUAGES (1) +
Select your language
31/08/2016
Letter from the ECB President to Mr Dimitrios Papadimoulis, MEP, regarding the possible purchases of marketable instruments issued or guaranteed by the Hellenic Republic under the public sector purchase programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
31/08/2016
Letter from the ECB President to Mr Matt Carthy, MEP, regarding the ECB Financial Stability Report
30/08/2016
Working paper no. 1954: Credit constraints and the international propagation of US financial shocks
30/08/2016
Working paper no. 1953: Animal spirits, fundamental factors and business cycle fluctuations
30/08/2016
Working paper no. 1952: The great moderation in international capital flows: a global phenomenon?
29/08/2016
Working paper no. 1951: The effectiveness of non-standard monetary policy measures: evidence from survey data
29/08/2016
Working paper no. 1950: Is corruption efficiency-enhancing? A case study of nine Central and Eastern European countries
29/08/2016
Working paper no. 1949: The stock market effects of a securities transaction tax: quasi-experimental evidence from Italy
29/08/2016
Working paper no. 1948: Advanced economy inflation: the role of global factors
26/08/2016
Working paper no. 1947: Asset allocation with judgment
26/08/2016
Working paper no. 1946: Real exchange rates and international co-movement: news-shocks and non-tradable goods with complete markets
26/08/2016
Working paper no. 1945: Anchoring of inflation expectations in the euro area: recent evidence based on survey data
25/08/2016
Working paper no. 1944: Multi-layered interbank model for assessing systemic risk
25/08/2016
Working paper no. 1943: When shadows grow longer: shadow banking with endogenous entry
25/08/2016
Working paper no. 1942: Policy spillovers and synergies in a monetary union
11/08/2016
Occasional paper no. 176: The fiscal and macroeconomic effects of government wages and employment reform
10/08/2016
Occasional paper no. 175: Labour market modelling in the light of the financial crisis
04/08/2016
Economic Bulletin Issue 5, 2016 Web version PDF version ePub version
04/08/2016
Focus: Trends in the external financing structure of euro area non-financial corporations Economic Bulletin Issue 5, 2016
04/08/2016
Focus: The launch of money market statistical reporting Economic Bulletin Issue 5, 2016
04/08/2016
Article: The layers of the global financial safety net: taking stock Economic Bulletin Issue 5, 2016
03/08/2016
Focus: The corporate bond market and the ECB’s corporate sector purchase programme Economic Bulletin Issue 5, 2016
03/08/2016
Focus: Recent developments in capital flows to emerging market economies Economic Bulletin Issue 5, 2016
02/08/2016
Focus: Recent developments in euro area construction activity Economic Bulletin Issue 5, 2016
02/08/2016
Article: Increasing resilience and long-term growth: the importance of sound institutions and economic structures for euro area countries and EMU Economic Bulletin Issue 5, 2016
01/08/2016
Article: New evidence on wage adjustment in Europe during the period 2010-13 Economic Bulletin Issue 5, 2016
29/07/2016
TITUS – Crisis communication exercise for euro area financial market infrastructures report
27/07/2016
Statistics paper no. 16: The statistical classification of cash pooling activities
27/07/2016
Letter from the ECB President to Mr Matt Carthy, MEP, regarding the Irish economy
22/07/2016
Statistics paper no. 15: Unit non-response in household wealth surveys
15/07/2016
Working paper no. 1941: The role of price and cost competitiveness for intra- and extra-euro area trade of euro area countries
15/07/2016
Working paper no. 1940: How competitiveness shocks affect macroeconomic performance across euro area countries
15/07/2016
Eurosystem oversight policy framework
15/07/2016
A guide to the Eurosystem/ECB staff macroeconomic projection exercises
14/07/2016
Working paper no. 1939: Impact of the asset purchase programme on euro area government bond yields using market news
14/07/2016
Working paper no. 1938: Bond risk premia, macroeconomic factors and financial crisis in the euro area
13/07/2016
Working paper no. 1937: The invisible hand of the government: “Moral suasion” during the European sovereign debt crisis
13/07/2016
Working paper no. 1936: Trade in value added: do we need new measures of competitiveness?
12/07/2016
Working paper no. 1935: Assessing the costs and benefits of capital-based macroprudential policy
12/07/2016
Working paper no. 1934: The BEAR toolbox BEAR toolbox 3.0: en
11/07/2016
Working paper no. 1933: News and noise in the housing market
11/07/2016
Statistics paper no. 14: Estimating gross value added volumes and prices by institutional sector
07/07/2016
Working paper no. 1932: Credit market competition and liquidity crises
07/07/2016
Bridging tables between the accounting balance sheet items of the NCBs and the ECB and the items to be reported for statistical purposes
07/07/2016
Letter from the ECB President to Mr Benedek Jávor, MEP, on the activities of the Hungarian National Bank
07/07/2016
Letter from the ECB President to Mr Nuno Melo, MEP, regarding a less significant credit institution
ENGLISH
OTHER LANGUAGES (1) +
Select your language
07/07/2016
Letter from the ECB President to Ms Ana Gomes, Mr Carlos Zorrinho, Mr Pedro Silva Pereira, Mr Francisco Assis, Ms Liliana Rodrigues, Mr Ricardo Serrao Santos, Ms Maria Joao Rodrigues, MEPs, regarding a less significant credit institution
ENGLISH
OTHER LANGUAGES (1) +
Select your language
07/07/2016
Letter from the ECB President to Mr Miguel Viegas, MEP, on the economic policy of the euro area
ENGLISH
OTHER LANGUAGES (1) +
Select your language
06/07/2016
Working paper no. 1931: Networks of value added trade
06/07/2016
Letter from the ECB President to Mr Jean-Claude Juncker, President of the European Commission, on the seizure of ECB information
06/07/2016
Letter from the ECB President to Mr Fišer, State Prosecutor General of the Republic of Slovenia, on the seizure of ECB information
05/07/2016
Working paper no. 1930: Credit spreads, economic activity and fragmentation
05/07/2016
Working paper no. 1929: A portfolio demand approach for broad money in the euro area
04/07/2016
Working paper no. 1928: The limits of model-based regulation
01/07/2016
Working paper no. 1927: Violating the law of one price: the role of non-conventional monetary policy
01/07/2016
Working paper no. 1926: Have monetary data releases helped markets to predict the interest rate decisions of the European Central Bank?
30/06/2016
Disclosure report - TARGET2 assessment against the principles for financial market infrastructures
29/06/2016
Working paper no. 1925: Stressed interbank markets: evidence from the European financial and sovereign debt crisis
27/06/2016
Working paper no. 1924: Pricing sovereign credit risk of an emerging market
27/06/2016
Occasional paper no. 174: Shadow banking in the euro area: risks and vulnerabilities in the investment fund sector
17/06/2016
Working paper no. 1923: EAGLE-FLI. A macroeconomic model of banking and financial interdependence in the euro area
16/06/2016
Eurosystem staff macroeconomic projections for the euro area countries, June 2016
16/06/2016
Economic Bulletin Issue 4, 2016 Web version PDF version ePub version
16/06/2016
Focus: Country-specific recommendations for fiscal policies under the 2016 European Semester Economic Bulletin Issue 4, 2016
16/06/2016
Focus: Improved timeliness of the euro area quarterly GDP flash estimate: first experiences Economic Bulletin Issue 4, 2016
16/06/2016
Focus: Liquidity conditions and monetary policy operations in the period from 27 January 2016 to 26 April 2016 Economic Bulletin Issue 4, 2016
16/06/2016
Article: The euro area fiscal stance Economic Bulletin Issue 4, 2016
15/06/2016
Letter from the ECB President to Mr Csaba Molnár, MEP, on the activities of the Hungarian National Bank
ENGLISH
OTHER LANGUAGES (1) +
Select your language
15/06/2016
Article: The role of euro area non-monetary financial institutions in financial intermediation Economic Bulletin Issue 4, 2016
14/06/2016
Focus: Low interest rates and households’ net interest income Economic Bulletin Issue 4, 2016
13/06/2016
Focus: Global implications of low oil prices Economic Bulletin Issue 4, 2016
10/06/2016
Working paper no. 1922: Global credit risk: world country and industry factors
10/06/2016
Working paper no. 1921: The real exchange rate and economic growth: revisiting the case using external instruments
09/06/2016
Working paper no. 1920: Making sense of the EU wide stress test: a comparison with the SRISK approach
09/06/2016
Working paper no. 1919: Liquidity, innovation, and endogenous growth
08/06/2016
Working paper no. 1918: Collateral damage? On collateral, corporate financing and performance
08/06/2016
Working paper no. 1917: Search-based endogenous asset liquidity and the macroeconomy
08/06/2016
Letter from the ECB President to Mr Nuno Melo, MEP, regarding a less significant credit institution
ENGLISH
OTHER LANGUAGES (1) +
Select your language
08/06/2016
Letter from the ECB President to Mr Marco Zanni and Mr Marco Valli, MEPs, regarding macroprudential policies
ENGLISH
OTHER LANGUAGES (1) +
Select your language
08/06/2016
The international role of the euro, June 2016 ePub: en
07/06/2016
Convergence Report 2016
07/06/2016
Working paper no. 1916: Bank capital structure and the credit channel of central bank asset purchases
07/06/2016
Working paper no. 1915: Business, housing and credit cycles
06/06/2016
Working paper no. 1914: The effect of bank shocks on firm-level and aggregate investment
06/06/2016
Working paper no. 1913: The risky steady state and the interest rate lower bound
03/06/2016
Working paper no. 1912: Determinants of euro-denominated corporate bond spreads
03/06/2016
Working paper no. 1911: Leading indicator properties of corporate bond spreads, excess bond premia and lending spreads in the euro area : en
02/06/2016
Letter from the ECB President to Mr Jonás Fernández, MEP, on the expanded asset purchase programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
02/06/2016
Letter from the ECB President to Mr Jonás Fernández, MEP, on euro banknkotes and coins
ENGLISH
OTHER LANGUAGES (1) +
Select your language
02/06/2016
Eurosystem staff macroeconomic projections for the euro area - June 2016
02/06/2016
Letter from the ECB President to Mr Nikolaos Chountis, MEP, on the public sector purchase programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
02/06/2016
Letter from the ECB President to Mr José Manuel Fernandes, MEP, regarding a less significant credit institution
ENGLISH
OTHER LANGUAGES (1) +
Select your language
02/06/2016
Letter from the ECB President to Mr Nuno Melo, MEP, regarding a less significant credit institution
ENGLISH
OTHER LANGUAGES (1) +
Select your language
02/06/2016
Letter from the ECB President to Mr Bernard Monot, MEP, on the ECB's monetary policy
ENGLISH
OTHER LANGUAGES (1) +
Select your language
02/06/2016
Letter from the ECB President to Mr Marco Zanni, MEP, and Mr Marco Valli, MEP, on 5 euro coins
ENGLISH
OTHER LANGUAGES (1) +
Select your language
01/06/2016
Survey on the Access to Finance of Enterprises in the euro area - October 2015 to March 2016
31/05/2016
Consolidated balance sheet of the Eurosystem as at 31 December 2015
25/05/2016
Working paper no. 1910: Waking up from the American dream: on the experience of young Americans during the housing boom of the 2000s
25/05/2016
Working paper no. 1909: On domestic demand and export performance in the euro area countries: does export concentration matter?
24/05/2016
Working paper no. 1908: Unemployment risk and over-indebtedness
24/05/2016
Working paper no. 1907: Estimating the top tail of the wealth distribution
24/05/2016
Financial Stability Review ePub: en Press release:
23/05/2016
Recent trends in euro are banks' business models and implications for banking sector stability
20/05/2016
Occasional paper no. 173: Safeguarding the euro as a currency beyond the state
20/05/2016
Letter from the ECB President to Mr Sven Giegold, MEP, on AnaCredit
18/05/2016
Letter from the ECB President to Mr Nuno Melo, MEP, on the Portuguese adjustment programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
18/05/2016
Letter from the ECB President to Ms Eva Kaili, MEP, on the Greek adjustment programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
18/05/2016
Letter from the ECB President to Mr Nikolaos Chountis, MEP, on the public sector purchase programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
17/05/2016
Working paper no. 1906: The collateral channel of open market operations
13/05/2016
Working paper no. 1905: Exchange rate forecasting with DSGE models
13/05/2016
Working paper no. 1904: The housing market, household portfolios and the German consumer
12/05/2016
TARGET Annual Report 2015
10/05/2016
Working paper no. 1903: Bank leverage and monetary policy's risk-taking channel: evidence from the United States
05/05/2016
Economic Bulletin Issue 3, 2016 Web version PDF version ePub version
05/05/2016
Focus: The second series of targeted longer-term refinancing operations (TLTRO II) Economic Bulletin Issue 3, 2016
05/05/2016
Focus: Recent wage trends in the euro area Economic Bulletin Issue 3, 2016
05/05/2016
Focus: Harmonised Index of Consumer Prices - Easter effects and improved seasonal adjustment Economic Bulletin Issue 3, 2016
04/05/2016
Article: Government debt reduction strategies in the euro area Economic Bulletin Issue 3, 2016
03/05/2016
Working paper no. 1902: Export characteristics and output volatility: comparative firm-level evidence for CEE countries
03/05/2016
Letter from the ECB President to Mr Fabio De Masi, MEP, on deposit guarantees schemes
ENGLISH
OTHER LANGUAGES (1) +
Select your language
03/05/2016
Letter from the ECB President to Mr Steeve Briois and Mr Bernard Monot, MEPs, on the ECB’s monetary policy
ENGLISH
OTHER LANGUAGES (1) +
Select your language
03/05/2016
Letter from the ECB President to Mr Brian Hayes, MEP, on macro prudential measures
03/05/2016
Letter from the ECB President to Mr Notis Marias, MEP, on non-performing loans
ENGLISH
OTHER LANGUAGES (1) +
Select your language
03/05/2016
Article: The slowdown in emerging market economies and its implications for the global economy Economic Bulletin Issue 3, 2016
02/05/2016
Working paper no. 1901: Price drift before U.S. macroeconomic news: private information about public announcements?
02/05/2016
Working paper no. 1900: Toward robust early-warning models: a horse race, ensembles and model uncertainty
02/05/2016
Focus: Rebalancing in euro area portfolio investment flows Economic Bulletin Issue 3, 2016
27/04/2016
Working paper no. 1899: Monetary policy according to HANK
27/04/2016
Working paper no. 1898: Credit risk spillover between financials and sovereigns in the euro area during 2007-2015
26/04/2016
Working paper no. 1897: Restoring rational choice: The challenge of consumer financial regulation
26/04/2016
Working paper no. 1896: Dynamic balance sheet model with liquidity risk
25/04/2016
Working paper no. 1895: Credit, asset prices and business cycles at the global level
25/04/2016
Working paper no. 1894: Sovereign risk and bank risk-taking
25/04/2016
Financial integration in Europe, 2016
22/04/2016
Occasional paper no. 172: Distributed ledger technologies in securities post-trading - Revolution or evolution?
22/04/2016
Letter from the ECB President to Mr Csaba Molnár, MEP, on Hungarian legislation and the monetary policy of the Hungarian National Bank
22/04/2016
Letter from the ECB President to Mr Jonás Fernández, MEP, on the ECB’s proceeds from sanctions
ENGLISH
OTHER LANGUAGES (1) +
Select your language
22/04/2016
Letter from the ECB President to Mr Jonás Fernández, MEP, on low interest rates
22/04/2016
Letter from the ECB President to Mr Fabio De Masi, MEP, on high-denomination banknotes
ENGLISH
OTHER LANGUAGES (1) +
Select your language
21/04/2016
Letter from the ECB President to Fabio De Masi, MEP, on monetary policy
20/04/2016
Working paper no. 1893: On the design of data sets for forecasting with dynamic factor models
20/04/2016
Working paper no. 1892: A lost generation? Education decisions and employment outcomes during the U.S. housing boom-bust cycle of the 2000s
20/04/2016
Working paper no. 1891: Parsing financial fragmentation in the euro area: a multi-country DSGE perspective
20/04/2016
Working paper no. 1890: Does slack influence public and private labor market interactions?
18/04/2016
Euro area quarterly financial accounts - 2015 quality report
18/04/2016
Euro area balance of payments and international investment position statistics - 2015 quality report
15/04/2016
Occasional paper no. 171: Basel III and recourse to Eurosystem monetary policy operations
08/04/2016
Occasional paper no. 170: Strengthening the role of local currencies in EU candidate and potential candidate countries
08/04/2016
Statistics paper no. 13: Modelling metadata in central banks
07/04/2016
Annual Report 2015
07/04/2016
Cover letter to the transmission letter of the Annual Report 2015
ENGLISH
OTHER LANGUAGES (2) +
Select your language
07/04/2016
Feedback on the input provided by the European Parliament as part of its resolution on the ECB Annual Report 2014
06/04/2016
Letter from the ECB President to Mr Notis Marias, MEP, on the Eurosystem’s operational framework for monetary policy implementation
ENGLISH
OTHER LANGUAGES (1) +
Select your language
06/04/2016
Letter from the ECB President to Fabio De Masi, MEP, on the eligibility criteria and other aspects of the APP
06/04/2016
Letter from the ECB President to Mr Notis Marias, MEP, on the eligibility criteria of the APP
ENGLISH
OTHER LANGUAGES (1) +
Select your language
05/04/2016
Occasional paper no. 169: Profit distribution and loss coverage rules for central banks
05/04/2016
Letter from the ECB President to Mr Jonás Fernández, MEP
ENGLISH
OTHER LANGUAGES (1) +
Select your language
05/04/2016
Letter from the ECB President to Mr Bernard Monot, MEP, on commodities markets
05/04/2016
Letter from the ECB President to Mr Mario Borghezio, MEP, on gold reserves
ENGLISH
OTHER LANGUAGES (1) +
Select your language
30/03/2016
Working paper no. 1889: Cables, Sharks and Servers: Technology and the Geography of the Foreign Exchange Market
24/03/2016
Economic Bulletin Issue 2, 2016 Web version PDF version ePub version
24/03/2016
Focus: The slowdown in US labour productivity growth - stylised facts and economic implications Economic Bulletin Issue 2, 2016
24/03/2016
Focus: Current oil price trends Economic Bulletin Issue 2, 2016
24/03/2016
Focus: Liquidity conditions and monetary policy operations in the period from 28 October 2015 to 26 January 2016 Economic Bulletin Issue 2, 2016
24/03/2016
Focus: Factors behind the comparatively strong actvity in euro area services Economic Bulletin Issue 2, 2016
24/03/2016
Focus: The impact of the oil price decline on the current account surplus of the euro area Economic Bulletin Issue 2, 2016
24/03/2016
Focus: The relationship between HICP inflation and HICP inflation excluding energy and food Economic Bulletin Issue 2, 2016
24/03/2016
Focus: The 2016 macroeconomic imbalance procedure and the implementation of the 2015 country-specific recommendations Economic Bulletin Issue 2, 2016
23/03/2016
Macroprudential Bulletin, Issue 1 / 2016
23/03/2016
Article: Transmission of output shocks - the role of cross-border production chains Economic Bulletin Issue 2, 2016
22/03/2016
Focus: Oil prices and euro area consumer energy prices Economic Bulletin Issue 2, 2016
21/03/2016
Article: Public investment in Europe Economic Bulletin Issue 2, 2016
15/03/2016
Letter from the ECB President to Ms Laura Ferrara, Mr Marco Valli, Mr Marco Zanni, MEPs, on total seigniorage income earned by the ECB and on the NCBs’ shares in the capital of the ECB
ENGLISH
OTHER LANGUAGES (1) +
Select your language
15/03/2016
Letter from the ECB President to Mr Fabio De Masi, MEP, on the Agreement on Net Financial Assets
ENGLISH
OTHER LANGUAGES (1) +
Select your language
15/03/2016
Letter from the ECB President to Mr Alfred Sant, MEP, on the ECB’s human resource policies
15/03/2016
Letter from the ECB President to Ms Eva Kaili, MEP, on the Greek adjustment programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
10/03/2016
ECB staff macroeconomic projections for the euro area - March 2016
08/03/2016
Working paper no. 1888: The impact of bank capital on economic activity - evidence from a mixed-cross-section GVAR model
03/03/2016
Working paper no. 1887: Network Dependence in the Euro Area Money Market
01/03/2016
Letter by the ECB President to Mr Richard Sulík on Slovakian legislation
ENGLISH
OTHER LANGUAGES (1) +
Select your language
01/03/2016
Letter from the ECB President to Mr Fabio De Masi, Mr Nikolaus Chountis, Ms Sofia Sakorafa and Mr Miguel Urbán Crespo on the Greek adjustment programme
01/03/2016
Letter from the ECB President to Mr Dennis de Jong on members of the ECB’s decision-making bodies participating to international discussion fora
01/03/2016
Letter from the ECB President to Mr Jonas Fernández on monetary policy
19/02/2016
Working paper no. 1886: Lending-of-last-resort is as lending-of-last-resort does: central bank liquidity provision and interbank market functioning in the euro area Published in: Journal of Financial Intermediation (forthcoming)
19/02/2016
Revised oversight framework for retail payment systems
18/02/2016
Working paper no. 1885: Advances in multivariate back-testing for credit risk underestimation
18/02/2016
Working paper no. 1884: Lenders on the storm of wholesale funding shocks: Saved by the central bank?
18/02/2016
Letter from the ECB President to ENF members, EP, on the financing situation of small and medium-sized enterprises in the euro area
ENGLISH
OTHER LANGUAGES (1) +
Select your language
18/02/2016
Letter from the ECB President to Mr Annemans, MEP, on monetary policy
ENGLISH
OTHER LANGUAGES (1) +
Select your language
18/02/2016
Letter from the ECB President to Mr Kouloglou, MEP, on the Greek adjustment programme
18/02/2016
Letter from the ECB President to Mr Marias, MEP, on the expanded asset purchase programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
18/02/2016
Letter from the ECB President to Mr Borghezio, MEP, on the application of resolution tools
ENGLISH
OTHER LANGUAGES (1) +
Select your language
18/02/2016
Letter from the ECB President to Mr Balz, MEP, on the Agreement on Net Financial Assets
08/02/2016
Working paper no. 1883: Is fiscal consolidation self-defeating? A Panel-VAR analysis for the Euro area countries
05/02/2016
Working paper no. 1882: Is the intrinsic value of macroeconomic news announcements related to their asset price impact?
05/02/2016
Working paper no. 1881: Assessing the efficacy of borrower-based macroprudential policy using an integrated micro-macro model for European households
04/02/2016
Occasional paper no. 168: What's so special about specialization in the euro area?
04/02/2016
Eurosystem contribution to the European Commission's call for evidence on the EU regulatory framework for financial services
04/02/2016
Letter from the ECB President to Mr De Masi, MEP, on international economic development
04/02/2016
Letter from the ECB President to Mr Papadimoulis, MEP, on monetary policy
ENGLISH
OTHER LANGUAGES (1) +
Select your language
04/02/2016
Letter from the ECB President to Mr Papadimoulis, MEP, on principles for external communication by members of the Executive Board and by ECB staff
ENGLISH
OTHER LANGUAGES (1) +
Select your language
04/02/2016
Letter from the ECB President to ECR Members (EP) on the ECB’s communication policy in relation to the provision of emergency liquidity assistance (ELA)
ENGLISH
OTHER LANGUAGES (1) +
Select your language
04/02/2016
Letter from the ECB President to Mr De Masi, MEP, on principles for external communication by members of the Executive Board
04/02/2016
Economic Bulletin Issue 1, 2016 Web version PDF version ePub version
04/02/2016
Focus: What is driving Brazil's economic downturn? Economic Bulletin Issue 1, 2016
04/02/2016
Focus: A closer look at differences between industrial gross value added and industrial production Economic Bulletin Issue 1, 2016
01/02/2016
Focus: Eurosystem publishes more detailed criteria for accepting rating agencies Economic Bulletin Issue 1, 2016
29/01/2016
Covered bonds in the European Union – ECB contribution to the European Commission’s public consultation
28/01/2016
Occasional paper no. 167: Savings and investment behaviour in the euro area
26/01/2016
Letter from the ECB President to Ms Elisa Ferreira, MEP, on issues related to the Banking Union
25/01/2016
Working paper no. 1880: Reserve accumulation, inflation and moral hazard: Evidence from a natural experiment
25/01/2016
Working paper no. 1879: Taking gravity online: the role of virtual proximity in international finance
25/01/2016
CCBM procedures for Eurosystem counterparties
25/01/2016
CCBM information for counterparties – summary of legal instruments used in the euro area
18/01/2016
Working paper no. 1878: Sovereign to corporate risk spillovers
15/01/2016
Letter from Sabine Lautenschläger, Member of the Executive Board and Vice-Chair of the Supervisory Board, to Mr Pieper, MEP, on AnaCredit
14/01/2016
Working paper no. 1877: Credit subsidies
14/01/2016
Working paper no. 1876: Bank networks from text: interrelations, centrality and determinants
13/01/2016
Working paper no. 1875: The information in systemic risk rankings
13/01/2016
Working paper no. 1874: Cash management and payment choices: a simulation model with international comparisons
13/01/2016
Letter from the ECB President to Mr Zanni, MEP, and Mr Valli, MEP, on the Money Market Contact Group
ENGLISH
OTHER LANGUAGES (1) +
Select your language
13/01/2016
Letter from the ECB President to Mr Zanni, MEP, and Mr Valli, MEP, on targeted longer-term refinancing operations
ENGLISH
OTHER LANGUAGES (1) +
Select your language
13/01/2016
Letter from the ECB President to Mr Papadimoulis, MEP, and Mr Kouloglou, MEP, on several aspects of the Greek adjustment programme
ENGLISH
OTHER LANGUAGES (1) +
Select your language
12/01/2016
Research Bulletin No. 23