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.

L. Bini Smaghi: Scudo anti-spread e politica monetaria

Che differenza c’è tra lo scudo anti-spread varato dieci anni fa, dopo il famoso “Whatever it takes” pronunciato ...

August, 2 2022

C. Bastasin: Draghi’s resignation and a new – more clever – Fiscal Compact

Italy’s political instability resurfaced on July 14 when Prime Minister Mario Draghi presented his resignation to the ...

July, 18 2022

C. De Vincenti – Green Investments: Two Possible Interpretations of the “Do No Significant Harm” Principle

The concrete implementation of the Next Generation EU strategy and the recent emergence of energy security problem have ...

July, 11 2022

C. Bastasin: Europe cannot be strong if fragmentation risks linger in the euro area

Officially, the fragmentation risks of the euro area – or the extreme divergence of financial conditions in member sta...

June, 15 2022

F. Bontadini, V. Meliciani, M. Savona, A. Wirkierman: Nearshoring and Farsharing in Europe within the Global Economy

Has the world economy really entered a phase of de-globalisation or deceleration in globalisation after the great recess...

June, 10 2022

C. Bastasin: Europe should not encourage the “China vs the US” bipolarity

Deglobalization does not forcedly mean less multilateralism. This is how Europe should think about the likely coming bip...

May, 10 2022

C. Bastasin: Post-war global supply chains – Europe must defend economic cooperation

The European Union is the most open trading area in the world. Changes in the flows of imports and exports have a more p...

April, 10 2022

C. Bastasin: How Italy was about to be excluded from the euro – A behind-the-scenes reconstruction of a historical event

Helmut Kohl’s request, even before saying goodbye, took me completely by surprise: “Tell me about your famil...

March, 29 2022

C. Bastasin: A critical assessment of German Rearmament

If it was not for the events in Ukraine, at any other time Germany’s rearmament, announced by surprise on February 27 ...

March, 14 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.

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

J. Bonchi, S. Nisticò: Heterogeneity, Bubbles and Monetary Policy

Using a tractable New Keynesian model with heterogeneous agents, we analyze the interplay between heterogeneity and rati...

February, 8 2022

M. Amato, F. Saraceno: Squaring the circle – How to guarantee fiscal space and debt sustainability with a European Debt Agency

This paper contributes to the debate on European macroeconomic governance. What is at stake is creating fiscal space for...

January, 19 2022

P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: The Implementation and Rationale of the ECB’s New Inflation Target

In July 2021, the ECB’s target was revised, specifying that the 2% inflation rate threshold should be applied symm...

November, 8 2021

F. Bontadini, R. Evangelista, V. Meliciani, M. Savona – Asymmetries in global value chain integration, technology and employment structures in Europe: Country and sectoral evidence

This paper provides empirical evidence on the complex role played by technology in affecting the relationship between th...

November, 8 2021

P. Esposito, V. Larocca, M. Messori, M. Mischitelli – Bank-based or Market-based financial sources: Which is better for the EU?

This paper examines the relationships between the financial structure and the economicperformance of non-financial corpo...

November, 8 2021

P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: Financial Dominance in the Pandemic and Post-Pandemic European Economy

Differently from past episodes, the European institutions responded to the pandemic shock with an appropriate policy mix...

October, 4 2021

Europe: Facts & Docs

This section contains policy documents, meeting summaries and news that come directly from the EU institutions.

EUROPEAN CENTRAL BANK – Press Conference July 21, 2022 (14:45)

Click here for more information...

July, 21 2022

EUROPEAN COMMISSION – Summer 2022 Economic Forecast: Russia’s war worsens the outlook – July 14, 2022

Russia’s war of aggression against Ukraine continues to negatively affect the EU economy, setting it on a path of ...

July, 18 2022

EUROPEAN CENTRAL BANK – Account of the June monetary policy meeting – July 7, 2022

The Governing Council agreed that the revised medium-term inflation outlook called for further, decisive steps in the no...

July, 8 2022

European Council conclusions on Ukraine, the membership applications of Ukraine, the Republic of Moldova and Georgia, Western Balkans and external relations – June 23, 2022

Click here to read the press release...

June, 24 2022

Hearing of the Committee on Economic and Monetary Affairs of the European Parliament – June 20, 2022

Click here to read President Lagarde’s speech...

June, 20 2022

Commission sets out first analysis of the proposals stemming from the Conference on the Future of Europe – June 17, 2022

The European Commission has adopted a Communication setting out how it can follow up on the outcome of the Conference on...

June, 20 2022

Statement of the ECB Governing Council – June 15, 2022

On 15 June the Governing Council met to exchange views on the current market situation. Since the gradual process of pol...

June, 17 2022

ECB Press conference – June 9, 2022

Click here to get all the info...

June, 14 2022

The Commission presents the Draft Budget 2023 and the Annual Management and Performance Report for the EU budget for the 2021 financial year

The Commission has proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated €113....

June, 9 2022

Newsletter

The School of European Economic Policy sends out occasional newsletters containing fellowship opportunities, application calls, updates, and news.

2022

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2021 - 2022