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ECB - European Central Bank
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Latest posts
Last updated 5 days ago
Climate change, firms and aggregate productivity
5 days ago
Our paper uses a general equilibrium framework to examine the effects of...
Private safe asset supply and financial instability
about 1 month ago
This article studies the supply of private safe assets by banks and...
Why monetary policy should crack down harder during high inflation
2 months ago
The recent surge in inflation has led to a significant increase in...
Effects of monetary policy on labour income: the role of the employer
3 months ago
This article investigates how firms transmit monetary policy shocks to individual labour...
Critical input disruptions – mapping out the road to EU resilience
4 months ago
We study how disruptions to the supply of foreign critical inputs (FCIs)...
How tightening mortgage credit raises rents and increases inequality in the housing market
5 months ago
Housing affordability is at the centre of the political debate in many...
The “doom loop” and default incentives
7 months ago
The “doom loop” or “sovereign-bank nexus” has been a key factor in...
The macroeconomic effects of liquidity supply during financial crises
7 months ago
Negative economic shocks can cause waves of investor pessimism about the resilience...
Banks lose – someone gains: Households’ unequal exposure to financial distress
8 months ago
Is the burden of distress in the banking sector shared equally among...
Heterogeneous effects of monetary tightening in response to energy price shocks
8 months ago
This article analyses how monetary policy shapes the aggregate and distributional effects...
Consumer demand for central bank digital currency as a means of payment
9 months ago
What factors could drive transactional demand for central bank digital currency (CBDC)...
Different household – different inflation rate
11 months ago
Households differ considerably in terms of the inflation they experience at any...