ECB - European Central Bank

Walking the talk? Green politicians and pollution patterns

2 days 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

3 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

3 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

3 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

3 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

3 days ago

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

Labor supply response to windfall gains

4 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

5 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

9 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

9 days ago

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

Economic Bulletin Issue 7, 2025

9 days ago

Exploring EU-UK trade and investment four years after Brexit

9 days ago

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