Banque de France researchers have developed a financial model to project future interest expenses for dynamic debt portfolios.
The Banco de España has published a comprehensive database of general and bilateral geopolitical risk (GPR) indices for 34 countries.
A new Federal Reserve study finds that banks use stricter loan covenants to prepare for future monetary policy tightening.
Banca d'Italia has updated its composite Financial Stress Indicator (FSI), a key tool used since 2019 for monitoring systemic risks in Italy.
A new BIS working paper reveals that elevated public debt sharply increases the fiscal cost of fighting inflation, potentially dampening monetary responses.
The Banca d'Italia has updated its composite Financial Stress Indicator (FSI) for Italy.
Non-resident ownership of French CAC 40 shares reached 50 percent at the end of 2024, a 0.5 percentage point increase from the previous year.
This study investigates how credit supply shocks impact firm-level investment across the euro area using the novel AnaCredit database.
A new working paper examines how fiscal policy in the euro area reacts to monetary policy, government debt, and the business cycle from 1999-2019.
A new BIS working paper investigates how structural shocks impact the joint distribution of future real GDP growth and inflation in the euro area.
A new European Central Bank working paper develops a model of contingent convertible debt (CoCos), concluding they perform better when replacing corporate debt than common equity.