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Working Paper C. Bastasin, M. Mischitelli and G. Toniolo - Living with high public debt: Italy 1861-2018

Working Paper P. Canofari, A. Marcelletti, M. Messori: Redenomination risk and bank runs in a monetary union with and without deposit insurance schemes

Working Paper R. Rinaldi: Cash

Working Paper L. Codogno, P. van den Noord: The rationale for a safe asset and fiscal capacity for the Eurozone

Working Paper E. Avgouleas and C. Goodhart - Bank Resolution 10 Years From The Global Financial Crisis: A Systematic Reappraisal

Brief C. Bastasin: Secular Divergence - Explaining Nationalism in Europe

Working Paper S. De Nardis: Dissecting Italian manufacturing - sector, dimension and resource allocation in the last ten years

Brief C. Bastasin: The economic consequences of Italian political isolation

Working Paper V. Ceriani and G. Ricotti - The international coordination of corporate taxation: old solutions for new challenges?

Brief L. Bini Smaghi: What Future for the European Banking System?

Europe: Facts & Docs

Events

Events and Seminars Calendar

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Newsletter

News

image-06/24/2019 - 16:49

Three (invisible) risks in Europe – Lucrezia Reichlin – Corriere della Sera

The article presents an overview of today’s decelerating world economy, draws parallels between a potential recession in the future and the one engendered by the Lehman Brothers’ bankruptcy, and lists the risks that indebted European economies would face...
image-06/21/2019 - 17:28

Why EU budget rules are necessary – Massimo Bordignon – Il Sole 24 Ore

The article explains that since a monetary union creates solid and increasing interdependence between member states, it is essential to have common fiscal rules that would prevent an economic crisis in one country from spreading to others. Click here to...
image-06/21/2019 - 10:46

The populist parties’ base – Maurizio Ferrera – Corriere della Sera

The author examines the conditions that fostered the rise of populist parties in Europe and the reasons why in Italy these parties are now leading the government. Click here to read the article in Italian.
image-06/21/2019 - 10:10

“An infringement procedure would be madness” – Interview with Jean-Paul Fitoussi – Formiche

The French economist speaks about the EU’s potential infringement procedure against Italy, the consequences of the flat tax, the unrealistic minibots and Trump’s view of Europe and China. Click here to read the article in Italian.
image-06/20/2019 - 17:31

Prime Minister Giuseppe Conte's letter to Europe

This is the letter that Italian Prime Minister Giuseppe Conte has sent today to the other 27 EU Member States, to the President of the EU Commission, Jean-Claude Juncker, and to the President of the European Council, Donald Tusk. Click here to...
image-06/19/2019 - 12:20

The flat tax lacks fairness and efficiency – Claudio De Vincenti – Il Sole 24 Ore

The author believes that the flat tax being championed by the current Italian government has nothing to do with the reduction of the personal income tax and that progress could be better achieved by concentrating on social justice and economic efficiency...
image-06/19/2019 - 11:42

Risk Sharing Plus Market Discipline: A New Paradigm for Euro Area Reform? A Debate - Jean Pisani-Ferry, Jeromin Zettelmeyer - VOX CEPR Policy Portal

The publication in 2017 of joint proposals for reforming the euro area by a group of seven French and seven German economists triggered a considerable debate on Vox. This volume offers a selection of the contributions to this debate together with a...
image-06/18/2019 - 15:48

The future of the European Monetary Union in the light of the results of the European elections - a presentation by Stefano Micossi - 2019 ICSA meeting, Milan

The presentation addresses the issues that the EU still has to resolve in order to complete the European Monetary Union.  Click on the PDF file below to see the slides.
image-06/17/2019 - 11:56

Interview with Marcello Messori – Rai Uno Settegiorni

Professor Messori discusses the faults of the mini-bots, which are becoming a hot issue among Italy’s economists, and raises concerns about the Public Administration’s debt. Click here to watch the interview in Italian.