Reviewing financial regulation or supervision of financial institutions that is aimed at maintaining the stability and integrity of the financial system
The recent macroeconomic experience has presented both monetary policy and financial stability challenges for central banks. Michelle Bowman discusses how central banks can these vulnerabilities
Monetary and financial stability in uncertain times Read More »
The European Commission has proposed fiscal governance reform. Lucio Pench offers proposals to enhance institutional self-commitment to implementation, with reputational consequences for non-implementation
Making sense of the European Commission’s fiscal governance reform plan Read More »
The EU’s Stability and Growth Pact has been struggling with enforcement since inception. Georg Kirchsteiger and Martin Larch consider the enforcement dilemma of EU fiscal rules
In for a penny, in for a pound: the enforcement dilemma of EU fiscal rules Read More »
Agustín Carstens says with the global economy at a critical juncture, it is a time for resolute and realistic policy
Now is the time for resolve and realism Read More »
The financial system remains fragile. Stephen Cecchetti and Kermit Schoenholtz recommend strengthening capital and liquidity requirements, modifying accounting standards, and improving stress tests
Strengthening requirements to make banks safe Read More »
Cyril Monnet and Dirk Niepelt argue that in protecting the current banking model the ECB could be sacrificing the digital euro on the altar of banking as we know it
Why the digital euro might be dead on arrival Read More »
There are efficiency and cost benefits in using AI. Jon Danielsson discusses what tasks can safely be outsourced to AI and what needs to stay in the hands of human decision makers
When artificial intelligence becomes a central banker Read More »
Digital trade is increasing rapidly. Martina Ferracane, Bernard Hoekman, Erik van der Marel and Filippo Santi consider how the EUs approach to data protection impacts digital trade
The trade effects of EU adequacy decisions Read More »
Streamlining of the company listing process is welcome, but more fundamental reform is needed to revive the EU’s flagging equity markets, Alexander Lehmann discusses
The Listing Act: no more than a minor boost to EU equity markets Read More »
Henk Jan Reinders, Dirk Schoenmaker and Mathijs Van Dijk review current climate risk stress test methods and identify new approaches
Climate risk stress tests underestimate financial sector losses Read More »
