Publications & Research
Our publications aim to provide in-depth information on issues that are at the forefront of the European agenda, including commentary, research, and policy recommendations. Analysis is provided by in-house researchers, members of the Scientific Council, and the Policy Group, with additional contributions from the rest of our Senior Fellows. Supplementing these scholars is a Strategic Policy Group, which includes business leaders and high-level officials in EU institutions. They work alongside members of the Policy Group to provide a better understanding of the direction of current Italian strategies in the context of European negotiations. The Strategic Policy Group convenes at least twice a year (two regular meetings and additional ones as requested by our director).
SEP produces policy briefs, working papers, five bullets and a monthly newsletter. All publications are available online.
Policy Briefs
The School of European Political Economy’s research efforts form a cornerstone in our mission to discuss, analyze, and shape core issues in European economic policy. Prepared by scholars, faculty, and other academics in our network, these policy briefs and commentaries cover a wide range of topics pertaining to Europe. Completed papers are published on our website and disseminated to our contacts.
The global financial crisis in 2007 and 2009, and the ensuing sovereign debt and banking crises in the eurozone, have profoundly changed the governance and institutions of the EU and EMU. SEP’s think tank was created with the intention of gathering a unique group of researchers who are devoted to understanding the policy issues that have emerged in the new European political economy. Monetary policy, governance, and institutions represent the core interests of our research.
C. Bastasin: Dalla pace perpetua alla guerra infinita – Lo spostamento a Est dell’Europa, i rischi per l’Italia e la necessità di una ” Nuova Maastricht”
L’emergenza strategica ai confini orientali dell’Unione europea, provocata dall’aggressione russa in Ucraina, avr...
March, 24 2023
C. Bastasin: Italy should not underestimate the risk of isolation in Europe
Giorgia Meloni’s electoral victory in September 2022 was largely interpreted as a new expression of the deep-seated an...
February, 28 2023
C. Bastasin: A catch-22 for Eurobonds
The affirmation of a market for Eurobonds, i.e. common debt securities issued by the European Union, has significantly s...
January, 30 2023
C. Bastasin – European fiscal capacity: the example of the German special funds
The debate on the reform of European rules risks neglecting the importance of integrating the rules governing national f...
January, 12 2023
C. Bastasin: I motivi per approvare la modifica del MES, dopo la sentenza di Karlsruhe
L’approvazione delle modifiche al Trattato del Meccanismo europeo di Stabilità (MES) da parte del Parlamento italiano...
December, 14 2022
C. Bastasin: The German lessons about the “reddito di cittadinanzà”
The German government has put forward a proposal to introduce Bürgergeld, or basic income, in the country, a proposal t...
November, 18 2022
C. Bastasin: Il rapporto UE-Cina e le conseguenze sulla governance europea
Il tema dei rapporti occidentali con la Cina è diventato centrale nel corso del mese di ottobre, quando Stati Uniti e C...
October, 31 2022
M. Messori: Monetary policy and central fiscal capacity in the euro area
The new inflationary peaks reached in the Euro Area (EA) last summer have led the European Central Bank (ECB) to strengt...
October, 21 2022
C. Bastasin: What the European Commission says to Budapest should be heard in Rome too
Under the pressure of the European Parliament, on September 18 the European Commission finally proposed the application ...
September, 28 2022
Working Papers
Working papers are the culmination of research carried out by the internal group at SEP (members of the Scientific Council and our in-house researchers) and by fellows involved in our activities. They represent an important contribution to the international debate on major theoretical and practical economic policy issues facing the EU and EMU.
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: Inflation dynamics and monetary policy in the euro area
The surge in inflation rates experienced by the euro area since the beginning of 2021 is rooted in supply shocks that ha...
March, 13 2023
G. Di Bartolomeo, P. D’Imperio: A macroeconomic assessment of the Italian National Recovery and Resilience Plan
This paper aims to assess the macroeconomic and distributional impact of the Italian National Recovery and Resilience Pl...
February, 8 2023
I. Benedetti, G. Guarini, T. Laureti – Digitalization in Europe: a potential driver of energy efficiency for the twin transition
This paper aims to study the impact of digitalization on energy efficiency in Europe, where institutions are committed t...
February, 2 2023
A. Fabrizi, G. Guarini, V. Meliciani – The impact of environmental research networks on green exports: an analysis of a sample of European countries
This paper studies the impact of environmental research networks on green exports by providing a unique contribution to ...
January, 9 2023
F. Bontadini, V. Meliciani, M. Savona, A. Wirkierman – Nearshoring and Farsharing in Europe: implications for employment
This paper documents recent trends in the geographical distribution of value added across Global Value Chains (GVCs) and...
September, 27 2022
P. Canofari, G. Di Bartolomeo, M. Messori: Dancing on the edge of stagflation
The European Central Bank (ECB) is facing a dangerous trade-off between the control of supply-led inflation and the need...
September, 20 2022
L. Ferrari, V. Meliciani – Public Spending for Future Generations: Recent Trends in EU Countries
Public investment, traditionally measured using the so-called gross fixed capital formation (hereinafter, GFCF) of the p...
June, 28 2022
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: Stagflation and fragmentation – the euro area at the crossroads
The euro area may be about to experience something new: fragmentations in its financial markets in a situation character...
June, 8 2022
A. Macchiati, R. Vitelli: Mercati del gas e transizione energetica
L’aumento dei prezzi del gas e, conseguentemente dell’energia elettrica, registrato inizialmente nell’ultimo trime...
April, 4 2022
Five Bullets
C. Bastasin: Too much complacency in Europe for the US mid-term vote
1) The mid-term elections in the US were met with relief in Europe. Europeans see, in view of the 2024 presidential elec...
November, 16 2022
F. Bontadini, V. Meliciani, M. Savona, A. Wirkeirman: Nearshoring and Farsharing in Europe within the Global Economy
• The term “nearshoring” has gained significant interest in recent years, though a clear definition is still lacki...
September, 27 2022
C. Bastasin: Italy’s political uncertainty in 2023
In less than a year, the elections for the renewal of Italy’s Chambers will take place. Uncertainty is growing about t...
June, 1 2022
C. Bastasin: The reasons behind Scholz’s strong performance
• The strong performance by the Social Democratic Party (SPD) is related to the electorate’s change of heart coincid...
September, 28 2021
C. Bastasin: Can conditionality and dialogue really walk hand in hand?
After the Coronavirus hit the European population and sent the economy into hibernation, EU institutions reacted –...
July, 27 2020
M. Messori: Loans or “gifts”? What the Italian economy needs from Europe
According to the recent Economic and Financial Document (DEF) drafted by the Ministry of Economy and Finance (MEF), in 2...
April, 28 2020
C. Bastasin: The rationale behind the Italian-German rift
• Acrimony among European states is harsher today than during the euro-crisis a decade ago, jeopardizing the integrity...
March, 31 2020
C. Bastasin: The EU budget’s bad start concerns the euro area as well
• February’s special Council meeting on the 2021-2027 EU budget ended without an agreement. When EU leaders left...
February, 28 2020
C. Bastasin: A Unique Opportunity for New Ideas on EU Fiscal Rules
• On February 5, the European Commission presented the outlines of its review of the euro-area’s fiscal rules. A sim...
February, 7 2020
Europe: Facts & Docs
This section contains policy documents, meeting summaries and news that come directly from the EU institutions.
The path ahead – Speech by Christine Lagarde, President of the ECB, at “The ECB and Its Watchers XXIII” conference – March 22, 2023
Read the transcript...
March, 22 2023
Commission supports 151 reform projects in Member States to strengthen resilience and competitiveness – March 21, 2023
Read the press release...
March, 21 2023
Statement by Christine Lagarde, President of the European Central Bank, on the announcement on 19 March 2023 by the Swiss authorities
Read the statement...
March, 19 2023
ECB press conference – March 16, 2023
Get all the info...
March, 17 2023
Statement by President von der Leyen following her meeting with US President Biden – March 10, 2023
Read the statement...
March, 10 2023
Capital markets union: Council adopts revised framework for European long-term investment funds – March 7, 2023
Read the press release...
March, 8 2023
Too early to declare victory against inflation – Interview with Christine Lagarde, President of the ECB, March 5, 2023
Read the interview...
March, 6 2023
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 1-2 February 2023 (March 2, 2023)
Get all the info...
March, 2 2023
Bringing inflation back to target – Interview with Christine Lagarde, President of the ECB – February 27, 2023
Read the transcript...
February, 27 2023
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