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ECB - Working paper series

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Latest posts

Last updated 12 days ago

Herding in the foreign exchange market

12 days ago

Using a recent and comprehensive data set covering nine of the most...

Fiscal policy transmission through production networks with heterogeneous households

12 days ago

We study how sector-specific fiscal policy propagates in an economy with heterogeneous...

Investment composition and growth: the role of intangible and tangible ICT capital in the EU and other economies

13 days ago

This paper examines whether differences in the composition of investment help explain...

The rise of China in academic research

14 days ago

Analyzing more than 300,000 articles across 40 top-tier journals between 2000 and...

Firm level heterogeneity and the impact of monetary policy on labour demand

18 days ago

Monetary policy asymmetrically affects the response of firms’ employment to an output...

Stockholding in Europe: Evidence from the Consumer Expectations Survey

19 days ago

We examine recent changes in stock market participation using newly available survey...

Identifying relationship-level effects using covariance restrictions

19 days ago

We propose a new model in which relationship-specific effects or shocks are...

Sequential solution for DSGE models with deep neural networks

20 days ago

This paper develops a sequential deep learning algorithm for solving dynamic stochastic...

Employment effects of EU-ETS prices

20 days ago

This paper studies the employment effects of carbon pricing under the European...

External finance premium: market finance versus bank finance

27 days ago

This paper is the first to simultaneously examine firms’ market-based and bank-based...

The supply chain spillovers of private equity buyouts

27 days ago

We study how private equity (PE) buyouts propagate through supply chains using...

The role of judgement in supervisory scores and additional capital requirements assigned to banks

about 1 month ago

We empirically analyse the role of judgement in assigning overall scores by...