Publications published in 2019

16/09/2019
Macroprudential Bulletin - Introductory statement by Luis de Guindos
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16/09/2019
Working paper no. 2315: Introducing ECB-BASE: The blueprint of the new ECB semi-structural model for the euro area
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16/09/2019
Occasional paper no. 233: Financial stability assessment for EU candidate countries and potential candidates
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16/09/2019
The macroeconomic impact of changes in economic bank capital buffers
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16/09/2019
Thinking beyond borders: how important are reciprocity arrangements for the use of sectoral capital buffers?
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16/09/2019
Understanding the specific features of the CCyB and the SCCyB − evidence from the 3D DSGE model
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13/09/2019
AnaCredit Validation Checks – Version 1.5
Selected validation checks performed in AnaCredit datasets
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12/09/2019
ECB staff macroeconomic projections for the euro area, September 2019
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Projection charts and tables
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04/09/2019
Working paper no. 2314: ECB corporate QE and the loan supply to bank-dependent firms
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04/09/2019
Working paper no. 2313: Regulating the doom loop
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03/09/2019
Occasional paper no. 232: Understanding low wage growth in the euro area and European countries
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02/09/2019
20 Years of European Economic and Monetary Union: Selected takeaways from the ECB’s Sintra Forum
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ECB Forum on Central Banking 2019
02/09/2019
Working paper no. 2312: Effects of labour and product market regulation on worker flows: evidence for the euro area using micro data
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30/08/2019
Occasional paper no. 231: Taking stock of the functioning of the EU fiscal rules and options for reform
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29/08/2019
Occasional paper no. 230: In search for stability in crypto-assets: are stablecoins the solution?
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26/08/2019
ECB Survey of Monetary Analysts (SMA) - questionnaire
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23/08/2019
Working paper no. 2311: Interbank rate uncertainty and bank lending
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23/08/2019
Occasional paper no. 229: Are instant payments becoming the new normal? A comparative study
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21/08/2019
Working paper no. 2310: Detecting turning points in global economic activity
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19/08/2019
Report by the working group on euro risk-free rates on the impact of the transition from EONIA to the €STR on cash and derivatives products
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16/08/2019
Working paper no. 2309: Much ado about nothing? The shale oil revolution and the global supply curve
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14/08/2019
Working paper no. 2308: Dominant-currency pricing and the global output spillovers from US dollar appreciation
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14/08/2019
Working paper no. 2307: Estimation of impulse response functions when shocks are observed at a higher frequency than outcome variables
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12/08/2019
Working paper no. 2306: A macroeconomic vulnerability model for the euro area
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12/08/2019
Occasional paper no. 228: Role of cross currency swap markets in funding and investment decisions
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08/08/2019
Economic Bulletin Issue 5, 2019
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08/08/2019
Priorities for fiscal policies under the 2019 European Semester
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Economic Bulletin Issue 5, 2019
08/08/2019
Country-specific recommendations for economic policies under the 2019 European Semester
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Economic Bulletin Issue 5, 2019
08/08/2019
Euro area foreign direct investment since 2018: the role of special purpose entities
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Economic Bulletin Issue 9, 2019
08/08/2019
What is behind the change in the gap between services price inflation and goods price inflation?
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Economic Bulletin Issue 5, 2019
07/08/2019
Social spending, a euro area cross-country comparison
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Economic Bulletin Issue 5, 2019
07/08/2019
Understanding the crypto-asset phenomenon, its risks and measurement issues
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Economic Bulletin Issue 5, 2019
06/08/2019
Sources of economic policy uncertainty in the euro area: a machine learning approach
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Economic Bulletin Issue 5, 2019
06/08/2019
Global value chain participation and exchange rate pass-through to export and import prices
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Economic Bulletin Issue 5, 2019
05/08/2019
Services trade liberalisation and global imbalances: a critical review of the empirical evidence
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Economic Bulletin Issue 5, 2019
05/08/2019
What is behind the decoupling of global activity and trade?
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Economic Bulletin Issue 5, 2019
01/08/2019
Working paper no. 2305: The cost-efficiency and productivity growth of euro area banks
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01/08/2019
Working paper no. 2304: Expectations-driven liquidity traps: implications for monetary and fiscal policy
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01/08/2019
Response to the public consultation on draft ECB Decision under Article 21 of the revised SIPS Regulation
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31/07/2019
Commission’s Communication on further strengthening the Rule of Law within the Union: a central bank perspective
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31/07/2019
Working paper no. 2303: Monetary policy shocks and the health of banks
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31/07/2019
Working paper no. 2302: The macroeconomic effects of international uncertainty
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31/07/2019
Survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD) – June 2019
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Survey guidelines
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Detailed data series
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30/07/2019
Working paper no. 2301: International debt and Special Purpose Entities: evidence from Ireland
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30/07/2019
Working paper no. 2300: Fast trading and the virtue of entropy: evidence from the foreign exchange market
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30/07/2019
Research bulletin no. 61: How to signal the future path of interest rates? The international evidence on forward guidance
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29/07/2019
Working paper no. 2299: Insurers’ investment strategies: pro- or countercyclical?
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29/07/2019
Working paper no. 2298: Behind the scenes of the beauty contest: window dressing and the G-SIB framework
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26/07/2019
Working paper no. 2297: Monetary policy, macroprudential policy, and financial stability
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26/07/2019
Working paper no. 2296: Disentangling the role of the exchange rate in oil-related scenarios for the European stock market
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26/07/2019
Letter from the ECB President to Mr Markus Ferber, MEP, on stablecoin initiatives
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26/07/2019
Letter from the ECB President to Mr Markus Ferber, MEP, on a Slovenian draft law on judicial relief granted to former holders of qualified bank credit
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26/07/2019
The ECB Survey of Professional Forecasters (SPF) - Third quarter of 2019
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Annex (Chart data)
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23/07/2019
The euro area bank lending survey – Second quarter of 2019
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Annex to the euro area bank lending survey
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17/07/2019
Working paper no. 2295: Phillips curves in the euro area
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17/07/2019
Occasional paper no. 227: Macroprudential policy at the ECB: Institutional framework, strategy, analytical tools and policies
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16/07/2019
Research bulletin no. 60: Do low interest rates hurt banks’ equity values?
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10/07/2019
Letter from the ECB President to Mr Markus Ferber, MEP, on the European distribution of debt instruments (EDDI) initiative
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10/07/2019
Working paper no. 2294: An agent-based model for the assessment of LTV caps
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08/07/2019
Working paper no. 2293: Tracing the impact of the ECB’s asset purchase programme on the yield curve
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08/07/2019
ECB Survey of Monetary Analysts (SMA) - questionnaire
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02/07/2019
Occasional paper no. 226: Macroprudential stress test of the euro area banking system
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01/07/2019
Implications of digitalisation in retail payments for the Eurosystem’s catalyst role
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28/06/2019
Working paper no. 2292: Impact of higher capital buffers on banks’ lending and risk-taking: evidence from the euro area experiments
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28/06/2019
Letter from the ECB President to Mr Sven Giegold, MEP, on the collateral eligibility criteria for unsecured bank bonds
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28/06/2019
Euro area monetary and financial statistics - 2018 quality report
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28/06/2019
ESS - ESCB quality assessment report on statistics underlying the Macroeconomic Imbalance Procedure (annual report for 2018)
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27/06/2019
Research bulletin no. 59: Price and Wage Setting when Accurate Decisions Are Costly: Implications for Monetary Policy Transmission
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26/06/2019
Legal working paper no. 18: The European Central Bank and EU procurement law: a comparative outlook
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20/06/2019
Economic Bulletin Issue 4, 2019
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20/06/2019
Liquidity conditions and monetary policy operations in the period from 30 January to 16 April 2019
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Economic Bulletin Issue 4, 2019
20/06/2019
Confidence and business investment
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Economic Bulletin Issue 4, 2019
20/06/2019
The decrease in euro area net financial outflows in 2018: foreign direct investment retrenchment and portfolio investment slowdown
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Economic Bulletin Issue 4, 2019
19/06/2019
Occasional paper no. 225: Firm heterogeneity and trade in EU countries: a cross-country analysis
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19/06/2019
Rent inflation in the euro area since the crisis
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Economic Bulletin Issue 4, 2019
19/06/2019
The euro area labour market through the lens of the Beveridge curve
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Economic Bulletin Issue 4, 2019
17/06/2019
Definitions and characteristics of soft patches in the euro area
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Economic Bulletin Issue 4, 2019
17/06/2019
Drivers of underlying inflation in the euro area over time: a Phillips curve perspective
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Economic Bulletin Issue 4, 2019
14/06/2019
Letter from the ECB President to Mr Nikolaos Chountis, MEP, on monetary policy
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14/06/2019
Letter from the ECB President to Mr Miguel Viegas, MEP, on monetary policy
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14/06/2019
Letter from the ECB President to Mr Luke Ming Flanagan, MEP, on the Irish economy
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14/06/2019
Letter from the ECB President to Mr Markus Ferber, MEP, on the European financial sector
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13/06/2019
The international role of the euro, June 2019
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Statistical annex
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13/06/2019
Occasional paper no. 224: Economic structures 20 years into the euro
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13/06/2019
Common Minimum Standards for Data Revisions as agreed between the ECB, EIOPA, National Central Banks and National Competent Authorities
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11/06/2019
Working paper no. 2291: An analysis of the Eurosystem/ECB projections
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11/06/2019
Working paper no. 2290: Competition among high-frequency traders, and market quality
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07/06/2019
Working paper no. 2289: Is there a zero lower bound? The effects of negative policy rates on banks and firms
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07/06/2019
Working paper no. 2288: The procyclicality of banking: evidence from the euro area
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07/06/2019
Euro area and national balance of payments and international investment position statistics - 2018 quality report
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Statistical Annex
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07/06/2019
Euro area and national quarterly financial accounts - 2018 quality report
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Statistical Annex
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06/06/2019
Eurosystem staff macroeconomic projections for the euro area, June 2019
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Projection charts and tables
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Eurosystem staff macroeconomic projections for the euro area countries, June 2019
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31/05/2019
AnaCredit Reporting Manual Part III – Case studies, second edition
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31/05/2019
AnaCredit Reporting Manual Part II – Datasets and data attributes, second edition
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31/05/2019
AnaCredit Reporting Manual Part I – General Methodology
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29/05/2019
Macroprudential space and current policy trade-offs in the euro area
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Financial Stability Review Issue 1, 2019
29/05/2019
Economic shocks and contagion in the euro area banking sector: a new micro-structural approach
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Financial Stability Review Issue 1, 2019
29/05/2019
Climate change and financial stability
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Financial Stability Review Issue 1, 2019
29/05/2019
Financial Stability Review, May 2019
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29/05/2019
Survey on the Access to Finance of Enterprises in the euro area − October 2018 to March 2019
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Questionnaire
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27/05/2019
Working paper no. 2287: The architecture of supervision
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27/05/2019
TARGET Annual Report 2018
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24/05/2019
Working paper no. 2286: Bank capital in the short and in the long run
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23/05/2019
Working paper no. 2285: Cross-border effects of prudential regulation: evidence from the euro area
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23/05/2019
Research bulletin no. 58: Prudential regulation, national differences and banking stability
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22/05/2019
Working paper no. 2284: Rules and discretion(s) in prudential regulation and supervision: evidence from EU banks in the run-up to the crisis
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20/05/2019
Working paper no. 2283: Negative interest rates, excess liquidity and retail deposits: banks’ reaction to unconventional monetary policy in the euro area
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20/05/2019
Working paper no. 2282: EME financial conditions: which global shocks matter?
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17/05/2019
Working paper no. 2281: Measuring euro area monetary policy
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Appendix Measuring Euro Area Monetary Policy
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Dataset EA MPD
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17/05/2019
Occasional paper no. 223: Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures
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15/05/2019
Working paper no. 2280: The global capital flows cycle: structural drivers and transmission channels
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15/05/2019
ECB Survey of Monetary Analysts (SMA) - questionnaire
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10/05/2019
Working paper no. 2279: Uncertainty shocks, monetary policy and long-term interest rates
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06/05/2019
Working paper no. 2278: Targeting financial stability: macroprudential or monetary policy?
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06/05/2019
Working paper no. 2277: Pockets of risk in European housing markets: then and now
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03/05/2019
Working paper no. 2276: Institutional presence in secondary bank bond markets: how does it affect liquidity and volatility?
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03/05/2019
Occasional paper no. 222: Monetary policy, credit institutions and the bank lending channel in the euro area
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02/05/2019
Letter from the ECB President to Mr Auke Zijlstra, MEP, on monetary policy
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02/05/2019
Letter from the ECB President to Mr Sotirios Zarianopoulos, MEP, on the Greek economy
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02/05/2019
Letter from the ECB President to Ms Eleonora Evi, Mr Piernicola Pedicini, Ms Isabella Adinolfi, Ms Laura Agea, Ms Tiziana Beghin, Ms Rosa D’Amato, Mr Fabio Massimo Castaldo, Mr Ignazio Corrao, Ms Laura Ferrara, Mr Dario Tamburrano, Mr Marco Zullo, MEPs, on members of the ECB’s decision-making bodies participating in international discussion fora
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02/05/2019
Letter from the ECB President to Mr Nikolaos Chountis, MEP, on the Greek economy
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02/05/2019
Letter from the ECB President to Mr Mario Borghezio, MEP, on the European financial sector
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30/04/2019
Working paper no. 2275: Did the euro change the nature of FDI flows among member states?
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30/04/2019
Occasional paper no. 221: The impact of global value chains on the euro area economy
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30/04/2019
Research bulletin no. 57: What is the macroeconomic impact of changing money market conditions?
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29/04/2019
Working paper no. 2274: Credit rating dynamics: evidence from a natural experiment
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26/04/2019
Working paper no. 2273: Mapping bank securities across euro area sectors: comparing funding and exposure networks
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26/04/2019
Working paper no. 2272: Monetary policy implications of state-dependent prices and wages
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25/04/2019
Economic Bulletin Issue 3, 2019
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25/04/2019
The predictive power of real M1 for real economic activity in the euro area
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Economic Bulletin Issue 3, 2019
25/04/2019
Emerging market economy currencies: the role of global risk, the US dollar and domestic forces
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Economic Bulletin Issue 3, 2019
25/04/2019
What the maturing tech cycle signals for the global economy
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Economic Bulletin Issue 3, 2019
24/04/2019
The economic implications of rising protectionism: a euro area and global perspective
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Economic Bulletin Issue 3, 2019
23/04/2019
Working paper no. 2271: Credit supply and human capital: evidence from bank pension liabilities
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23/04/2019
Fiscal rules in the euro area and lessons from other monetary unions
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Economic Bulletin Issue 3, 2019
23/04/2019
Exploring the factors behind the 2018 widening in euro area corporate bond spreads
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Economic Bulletin Issue 3, 2019
18/04/2019
Working paper no. 2270: Risky assets in Europe and the US: risk vulnerability, risk aversion and economic environment
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18/04/2019
Working paper no. 2269: Shocks and labour cost adjustment: evidence from a survey of European firms
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17/04/2019
Working paper no. 2268: Dynamic fiscal limits and monetary-fiscal policy interactions
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17/04/2019
Working paper no. 2267: Monetary policy spillovers, capital controls and exchange rate flexibility, and the financial channel of exchange rates
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17/04/2019
Card payments in Europe – current landscape and future prospects: a Eurosystem perspective
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16/04/2019
Working paper no. 2266: Collateral booms and information depletion
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16/04/2019
Working paper no. 2265: The gender promotion gap: evidence from central banking
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15/04/2019
Working paper no. 2264: The CSPP at work - yield heterogeneity and the portfolio rebalancing channel
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15/04/2019
Working paper no. 2263: Can more public information raise uncertainty? The international evidence on forward guidance
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12/04/2019
Working paper no. 2262: Once bitten: new evidence on the link between IMF conditionality and IMF stigma
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12/04/2019
Working paper no. 2261: The benefits and costs of adjusting bank capitalisation: evidence from euro area countries
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11/04/2019
The ECB Survey of Professional Forecasters (SPF) - Second quarter of 2019
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Annex (Chart data)
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09/04/2019
The euro area bank lending survey – First quarter of 2019
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Annex to the euro area bank lending survey
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04/04/2019
Geographical allocation of euro area portfolio investment liabilities: estimates of outstanding amounts and associated income flows
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01/04/2019
Annual Report 2018
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01/04/2019
Cover letter to the transmission letter of the Annual Report 2018
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01/04/2019
Feedback on the input provided by the European Parliament as part of its resolution on the ECB Annual Report for 2017
29/03/2019
Working paper no. 2260: Macroprudential policy in a monetary union with cross-border banking
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28/03/2019
Letter from the ECB President to Mr Bernd Lucke, MEP, on TARGET2
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28/03/2019
Letter from the ECB President to Ms Paloma López Bermejo, MEP, on high-denomination euro banknotes
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28/03/2019
Letter from the ECB President to Ms Ulrike Trebesius, MEP, on the ECB’s human resource policies
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28/03/2019
Letter from the ECB President to Mr Piernicola Pedicini, MEP, on the European financial sector
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28/03/2019
Letter from the ECB President to Mr Marco Valli and Mr Marco Zanni, MEP, on Treaty provisions on foreign reserves
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28/03/2019
Letter from the ECB President to Ms Eva Kaili, MEP, on the European financial sector
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28/03/2019
Working paper no. 2259: On the credit and exchange rate channels of central bank asset purchases in a monetary union
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28/03/2019
Working paper no. 2258: Demographics and the natural real interest rate: historical and projected paths for the euro area
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27/03/2019
Macroprudential Bulletin - Introductory statement by Luis de Guindos
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27/03/2019
Is taxpayers’ money better protected now? An assessment of banking regulatory reforms ten years after the global financial crisis
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27/03/2019
A bird’s-eye view of the resilience of the European banking system: results from the new macroprudential stress test framework
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27/03/2019
Macroprudential analysis of residential real estate markets
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27/03/2019
Shelter from the storm: recent countercyclical capital buffer (CCyB) decisions
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27/03/2019
Macroprudential policy measures
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27/03/2019
Working paper no. 2257: Taylor-rule consistent estimates of the natural rate of interest
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27/03/2019
Working paper no. 2256: Does liquidity regulation impede the liquidity profile of collateral?
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26/03/2019
Working paper no. 2255: Fiscal multipliers and foreign holdings of public debt
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26/03/2019
Working paper no. 2254: Stress testing household balance sheets in Luxembourg
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26/03/2019
Research bulletin no. 56: Interactions between monetary and macroprudential policies
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25/03/2019
Working paper no. 2253: Concentration, market power and dynamism in the euro area
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25/03/2019
Working paper no. 2252: Distance(s) and the volatility of international trade(s)
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21/03/2019
Working paper no. 2251: Labor share and growth in the long run
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21/03/2019
Economic Bulletin Issue 2, 2019
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21/03/2019
Liquidity conditions and monetary policy operations in the period from 31 October 2018 to 29 January 2019
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Economic Bulletin Issue 2, 2019
21/03/2019
Characterising the current expansion across non-euro area advanced economies: where do we go from here?
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Economic Bulletin Issue 2, 2019
21/03/2019
The European Commission’s 2019 assessment of macroeconomic imbalances and progress on reforms
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Economic Bulletin Issue 2, 2019
21/03/2019
Interest rate-growth differential and government debt dynamics
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Economic Bulletin Issue 2, 2019
21/03/2019
A new method for the package holiday price index in Germany and its impact on HICP inflation rates
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Economic Bulletin Issue 2, 2019
20/03/2019
Working paper no. 2250: Forecasting daily electricity prices with monthly macroeconomic variables
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19/03/2019
Occasional paper no. 220: The impact of lending standards on default rates of residential real estate loans
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19/03/2019
New features in the Harmonised Index of Consumer Prices: analytical groups, scanner data and web-scraping
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Economic Bulletin Issue 2, 2019
19/03/2019
Employment growth and GDP in the euro area
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Economic Bulletin Issue 2, 2019
18/03/2019
Working paper no. 2249: Whatever it takes: what’s the impact of a major nonconventional monetary policy intervention?
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18/03/2019
Taking stock of the Eurosystem’s asset purchase programme after the end of net asset purchases
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Economic Bulletin Issue 2, 2019
13/03/2019
ECB Survey of Monetary Analysts (SMA) - questionnaire
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12/03/2019
Working paper no. 2248: Global growth on life support? The contributions of fiscal and monetary policy since the global financial crisis
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07/03/2019
ECB staff macroeconomic projections for the euro area, March 2019
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Projection charts and tables
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28/02/2019
SEPA Migration – impact assessment
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25/02/2019
Working paper no. 2247: The Green Golden Rule: habit and anticipation of future consumption
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22/02/2019
Letter from the ECB President to Mr Paul Tang, MEP, on the Eurosystem credit assessment framework
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22/02/2019
Working paper no. 2246: Mars or mercury redux: the geopolitics of bilateral trade agreements
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22/02/2019
Working paper no. 2245: The financial transmission of housing bubbles: evidence from Spain
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22/02/2019
Qualitative stock-taking questionnaire on the integrated reporting framework
Analysis of high-level considerations and high-priority technical aspects
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22/02/2019
The ESCB Integrated Reporting Framework (IReF): an overview
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22/02/2019
Research bulletin no. 55: Interest rate risk in the euro area
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21/02/2019
Annual Accounts 2018
21/02/2019
Consolidated balance sheet of the Eurosystem as at 31 December 2018
Commentary
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18/02/2019
Working paper no. 2244: Credit, financial conditions and the business cycle in China
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18/02/2019
Working paper no. 2243: Monetary policy transmission to mortgages in a negative interest rate environment
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15/02/2019
Working paper no. 2242: The anatomy of the euro area interest rate swap market
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15/02/2019
Working paper no. 2241: Debt overhang, rollover risk, and corporate investment: evidence from the European crisis
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14/02/2019
Working paper no. 2240: Breaking the shackles: Zombie firms, weak banks and depressed restructuring in Europe
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14/02/2019
Occasional paper no. 219: Anticipating the bust: a new cyclical systemic risk indicator to assess the likelihood and severity of financial crises
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13/02/2019
Letter from the ECB President to Auke Zijlstra, MEP, on monetary policy
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13/02/2019
Letter from the ECB President to Werner Langen, MEP, on the European financial sector
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13/02/2019
Working paper no. 2239: Money markets, collateral and monetary policy
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13/02/2019
Working paper no. 2238: America First? A US-centric view of global capital flows
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07/02/2019
Working paper no. 2237: Empowering central bank asset purchases: The role of financial policies
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07/02/2019
Working paper no. 2236: Do reputable issuers provide better-quality securitizations?
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07/02/2019
Economic Bulletin Issue 1, 2019
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07/02/2019
The mechanical impact of changes in oil price assumptions on projections for euro area HICP energy inflation
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Economic Bulletin Issue 1, 2019
07/02/2019
Results of the third special questionnaire for participants in the ECB Survey of Professional Forecasters
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Annex (Survey questionnaire and responses)
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Annex (Chart data)
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06/02/2019
Fiscal spillovers in a monetary union
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Economic Bulletin Issue 1, 2019
06/02/2019
Recent developments in oil prices
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Economic Bulletin Issue 1, 2019
05/02/2019
Twenty years of the ECB Survey of Professional Forecasters
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Economic Bulletin Issue 1, 2019
04/02/2019
Working paper no. 2235: The link between labor cost and price inflation in the euro area
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04/02/2019
Driving factors of and risks to domestic demand in the euro area
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Economic Bulletin Issue 1, 2019
01/02/2019
Working paper no. 2234: Markets, banks, and shadow banks
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01/02/2019
Occasional paper no. 218: Availability of high-quality liquid assets and monetary policy operations: an analysis for the euro area
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31/01/2019
Working paper no. 2233: A dynamic model of bank behaviour under multiple regulatory constraints
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31/01/2019
Working paper no. 2232: From cash- to securities-driven euro area repo markets: the role of financial stress and safe asset scarcity
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30/01/2019
Working paper no. 2231: Do public wages in the euro area explain private wage developments? An empirical investigation
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30/01/2019
Working paper no. 2230: Some borrowers are more equal than others: bank funding shocks and credit reallocation
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29/01/2019
Working paper no. 2229: Medium term treatment and side effects of quantitative easing: international evidence
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29/01/2019
Manual on MFI balance sheet statistics
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29/01/2019
Research bulletin no. 54: Quantitative easing did not increase inequality in the euro area
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28/01/2019
Working paper no. 2228: When losses turn into loans: the cost of undercapitalized banks
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28/01/2019
Working paper no. 2227: Mind the gap: a multi-country BVAR benchmark for the Eurosystem projections
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25/01/2019
Working paper no. 2226: Money, credit, monetary policy and the business cycle in the euro area: what has changed since the crisis?
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25/01/2019
Working paper no. 2225: Risk endogeneity at the lender/investor-of-last-resort
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25/01/2019
Government finance statistics guide
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25/01/2019
The ECB Survey of Professional Forecasters (SPF) - First quarter of 2019
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Annex (Chart data)
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Annex (Chart data)
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22/01/2019
The euro area bank lending survey – Fourth quarter of 2018
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Annex to the euro area bank lending survey
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21/01/2019
Working Group on euro risk-free rates - Guiding principles for fallback provisions in new contracts for euro-denominated cash products
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16/01/2019
Letter from the ECB President to Mr Luke Ming Flanagan, MEP, on the European financial sector
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16/01/2019
Letter from the ECB President to Mr Stelios Kouloglou, MEP, on the Greek adjustment programme
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16/01/2019
Working paper no. 2224: CoMap: mapping contagion in the euro area banking sector
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16/01/2019
Working paper no. 2223: Leaning against the wind: macroprudential policy and the financial cycle
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15/01/2019
Working paper no. 2222: On the retirement effect of inheritance: heterogeneity and the role of risk aversion
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15/01/2019
Working paper no. 2221: Interest rates and foreign spillovers
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11/01/2019
Working paper no. 2220: Attenuating the forward guidance puzzle: implications for optimal monetary policy
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