Blog post
13 June 2016
The cyclicality of structural reforms
What’s at stake: In line with the crisis-induced reform hypothesis, European countries have since 2010 enacted unpopular reforms in labour market regu
Financial regulation
Showing 225-240 of 303 results
Event
09 June 2016
The Spanish financial crisis: Lessons for the European banking union
Spain is among the countries still recovering from the financial crisis. While misjudged investments were part of the cause, these past mistakes could
Blog post
10 May 2016
The European Union remains a laggard on banking supervisory transparency
Financial supervisors must provide the public with more information about the European banking sector in order to ensure financial stability. The leve
Blog post
22 April 2016
Italy's Atlas bank bailout fund: the shareholder of last resort
Italy’s new bank fund Atlas might be what is needed in the short run, but in the longer term the fund will increase systemic risk. What ultimately mat
Blog post
19 April 2016
Are regional governments causing deficit overshooting in Spain?
Spain once again missed its deficit target in 2015 and it seems unlikely that 2016 will be any better. The central government has pointed to regional
Opinion piece
10 April 2016
Mere criticism of the ECB is no solution
What would happen if the ECB failed to respond to the excessively low inflation and the weak economy? And what economic policy would be suitable under
Opinion piece
15 March 2016
The G20’s structural reform agenda should address income gap and financial system fragility
G20 leaders must address major issues like the distribution of income and the structure of our financial systems in order to combat the deeper underly
Blog post
08 March 2016
Market turbulence highlights bumpy transition to Europe’s new bank policy regime
Concerns about Europe’s banks contributed to turmoil in global financial markets in February, but Europe’s new banking sector policy regime should gra
Policy brief
07 March 2016
The United States dominates global investment banking: does it matter for Europe?
Europe’s banks are in retreat from playing a global investment banking role, and this trend is likely to continue in the future. What will be the cons
Event
25 February 2016
Stock taking of the ongoing bank crisis resolution in Europe
What progress is being made on an optimal system of bank resolution following the disasters of the financial crisis?
Event
28 January 2016
Event
22 January 2016
The Bank of England in Europe: Does EU membership constrain non-Euro central banks?
The ECB and its response to crises in the euro area have been in the spotlight recently. But how does EU membership affect the central banks of non-Eu
Policy brief
21 January 2016
Belarus at a crossroads
Despite the slow pace of market reforms, the Belarusian economy recorded quite impressive growth until recently. However the Belarus growth ‘miracle’
Blog post
18 January 2016
A financial side to a macroeconomic story: macro imbalances and financial integration in the euro area
In a recent paper, I looked at the evolution of financial cycles in the euro area and at their link with capital flows. Here, I focus on how those fin
Event
18 January 2016
Central banking after the great recession
Have Central Banks lost their ability to control domestic inflation? Are macroprudential tools sufficient to ensure financial stability? Do new moneta
Opinion piece
05 January 2016
Another slow year for the global economy
The factors that dragged down the global economy in 2015 will persist – and in some cases even intensify – in the new year.