ECB - European Central Bank

Five years of the ECB Survey of Monetary Analysts: evolution and insights

about 22 hours ago

The Survey of Monetary Analysts (SMA) is a valuable information set for...

State aid in the EU: an evolving landscape

about 22 hours ago

State aid expenditure in the EU has risen in recent years against...

AI and the US labour market: effects on employment growth

2 days ago

The adoption of AI is reshaping the US labour market, with its...

Beat the heat, the role of heat waves and droughts in regional EU economies

7 days ago

Europe is increasingly exposed to heat waves and droughts, but their short-term...

Innovation without borders? The geography of technological diffusion

8 days ago

How well does innovation diffuse across geographic boundaries? To shed light on...

Effectiveness of supervisory activities in mitigating banks’ commercial real estate risk

8 days ago

We assess the effectiveness of supervisory activities in mitigating credit risk stemming...

Household Finance and Consumption Survey: Methodological report for the 2023 wave

8 days ago

This report summarises the methodologies used in the fifth wave of the...

Household Finance and Consumption Survey: Results from the 2023 wave

8 days ago

This report summarises the stylised facts from the 2023 wave of the...

Financial stability considerations for monetary policy at the European Central Bank: conceptual framework and quantitative tools

9 days ago

The paper documents models used to analyse the interactions and trade-offs between...

FDI, gravity, and aggregation: revisiting the distance elasticity with sector-level FDI data

9 days ago

This paper re-examines foreign direct investment motives in the ‘FDI gravity’ model...

Letter from the ECB President to Mr Bruno Gonçalves, MEP, on financing the green transition

12 days ago

Eurosystem staff macroeconomic projections for the euro area, June 2026

13 days ago