ECB - European Central Bank

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

about 12 hours ago

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

The international role of the euro. June 2026

about 13 hours ago

The rise of China in academic research

1 day ago

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

Letter from the ECB President to Mr Fabio de Masi, MEP, on institutional matters

4 days ago

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

5 days ago

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

Stockholding in Europe: Evidence from the Consumer Expectations Survey

6 days ago

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

Identifying relationship-level effects using covariance restrictions

6 days ago

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

Financial Stability Review, May 2026

7 days ago

From dictionaries to AI: a new era in sentiment analysis for financial stability

7 days ago

Financial stability communication is challenging because its task is not to forecast...

House price booms and policy choices: insights from a meta-regression analysis

7 days ago

This special feature examines policy-assignment dilemmas facing macroprudential authorities when housing markets...

Rising bankruptcies, resilient loan books: unpacking euro area corporate credit risk

7 days ago

Corporate bankruptcies in the euro area have been on the rise, but...

Employment effects of EU-ETS prices

7 days ago

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