Passive ownership increases loan spreads, prompting bank monitoring
A new Bank for International Settlements (BIS) working paper finds that increased passive ownership in publicly traded firms leads to higher loan spreads.
A new ECB working paper investigates how institutional and regulatory quality influences investment in high-tech sectors across 25 EU countries.
An ECB Working Paper finds that higher insurance coverage is associated with less severe macroeconomic consequences of climate-related catastrophes.
The European Central Bank staff have published an opinion on the revised European Sustainability Reporting Standards (ESRS), appreciating the significant simplification but raising critical concerns.
The ECB's Single Supervisory Mechanism (SSM) has updated its benchmarking data on the declared time commitment of non-executive directors.
A new Bank for International Settlements (BIS) working paper finds that increased passive ownership in publicly traded firms leads to higher loan spreads.
A new ECB working paper empirically documents money demand by European non-financial corporations, finding that cash holdings are inversely related to firm size.
A new ECB working paper examines how fiscal seigniorage from government securities with convenience yields determines the price level in a currency union.
A Banco de España occasional paper presents a revised methodology for estimating Spain's potential GDP, revealing higher growth in recent years due to more positive demographic dynamics.
A new Bank for International Settlements (BIS) working paper finds that digital wallets like Yape and Plin have significantly increased consumer welfare in Peru.
A Norges Bank working paper reveals that inflation systematically widens the gender wage gap.
A new ECB Working Paper documents how consumer prices in nine euro area countries became more flexible during the 2021-2024 inflation surge.