concerned with the likely effectiveness of the SSM as a regime that intends to bolster financial stability in the steady state …. By using insights from the political economy of bureaucracy it finds that the SSM is overly focused on sharp tools to … supervision. The success of the SSM in this regard will hinge on establishing a common supervisory culture that provides positive …

gauging the impact of the new European supervisory framework, it finds that the ECB will lack influence on key macro …

concerned with the likely effectiveness of the SSM as a regime that intends to bolster financial stability in the steady state …. By using insights from the political economy of bureaucracy it finds that the SSM is overly focused on sharp tools to … supervision. The success of the SSM in this regard will hinge on establishing a common supervisory culture that provides positive …

simple interest rate rule is employed to interpret ECB policy since 1999. An evaluation of alternative policy rules across 11 … growth as the one used to interpret ECB policy is quite robust as long as it responds to current outcomes of these variables. …

Despite the ECB's turnaround in its interest rate policy in the second half of 2022 as a late reaction to the highly …

incorporates key elements that have already been adopted in the European Union. The case of ELA provision by the ECB and the …

incorporates key elements that have already been adopted in the European Union. The case of ELA provision by the ECB and the …