ECB - European Central Bank

Walking the talk? Green politicians and pollution patterns

about 22 hours ago

Exploiting three decades of detailed regional data for Germany, we find that...

Beyond the single bank: macroprudential insights from the 2025 EU-wide stress test and its extensions

2 days ago

This overview article provides an introduction to the 2025 Macroprudential Stress Test...

A framework to assess the severity of adverse scenarios in EU-wide stress tests

2 days ago

The severity and the plausibility of stress test scenarios are crucial elements...

Integrating contagion risk into the 2025 EU-wide stress test: a system-wide analysis with amplification effects between banks and non-banks

2 days ago

This article expands the 2025 EU-wide stress test by incorporating a system-wide...

Simulating dynamic balance sheet reactions and macroprudential policy using the 2025 EU-wide stress test

2 days ago

Stress test simulations can enhance our understanding of the interplay between bank...

Integrating climate risk into the 2025 EU-wide stress test: the effects of climate risks for firms

2 days ago

As authorities across the euro area work towards including climate risks into...

Labor supply response to windfall gains

3 days ago

Using a large survey of euro area consumers, we conduct an experiment...

The fiscal sources of euro area inflation through the lens of the Bernanke-Blanchard model

4 days ago

We estimate the contribution of discretionary fiscal policy measures to euro area...

Supply chain decoupling in green products: a granular input-output analysis

8 days ago

This paper introduces a novel methodology to enhance the granularity of Inter-Country...

Not all prices disinflate alike: disentangling the dynamics of sticky and flexible-price items

8 days ago

This box draws on micro price evidence on the frequency of price...

Economic Bulletin Issue 7, 2025

8 days ago

Exploring EU-UK trade and investment four years after Brexit

8 days ago

This paper looks at how Brexit has affected trade and foreign direct...