ECB - European Central Bank

Flexible asset purchases and repo market functioning

3 days ago

Flexibility has progressively become a distinctive feature of the implementation of the...

Leveraged investment funds: A framework for assessing risks and designing policies

3 days ago

This article develops a framework for assessing risks and formulating policies for...

Assessing the impact of minimum haircuts on leverage

3 days ago

We use transaction-level data on the euro area repo market to assess...

Measuring synthetic leverage in interest rate swaps

3 days ago

Synthetic leverage is a key source of vulnerability for the non-bank financial...

Strengthening risk monitoring and policy for non-bank leverage

3 days ago

Leverage in the non-bank financial intermediation (NBFI) sector can be a source...

System-wide implications of counterparty credit risk

3 days ago

The aim of this article is to assess the scale and systemic...

Time-varying risk aversion and inflation-consumption correlation in an equilibrium term structure model

5 days ago

Inflation risk premiums tend to be positive in an economy mainly hit...

Why gradual and predictable? Bank lending during the sharpest quantitative tightening ever

9 days ago

Exploiting the recalibration of ECB’s outstanding central bank funding in 2022, we...

Climate-linked bonds

9 days ago

Climate-linked bonds, issued by governments and supranational organizations, are pivotal in advancing...

Economic Bulletin Issue 8, 2024

9 days ago

What’s behind the resilience of US equity prices – market structure, earnings expectations or equity risk premia?

9 days ago

This box explores the resilience of US equity markets since 2023 in...

Monetary policy pass-through to goods and services inflation: a granular perspective

9 days ago

This box analyses the heterogeneous pass-through of monetary policy to goods and...