This paper examines the extent to which digitalization—measured by a new proxy based on IP addresses allocations per country—has influenced inflation dynamics in a sample of 36 advanced and emerging economies over 2000-2017. Phillips curve estimates sh...
Given their pegged exchange rate regimes, Gulf Cooperation Council (GCC) countries usually adjust their policy rates to match shifting U.S. monetary policy. This raises the important question of how changes in U.S. monetary policy affect banks in the G...
The services sector is increasingly important for the euro area economy, but productivity growth in the sector has stalled over the past two decades. Remaining barriers to cross-border trade in services within the EU Single Market contribute to this we...
This paper presents a new dataset on the dynamics of non-performing loans (NPLs) during 88 banking crises since 1990. The data show similarities across crises during NPL build-ups but less so during NPL resolutions. We find a close relationship between...

The aim of the agreement between the EIB and Gruppo Bancario Cooperativo Iccrea (via Iccrea Banca) is to extend their influence within Italy’s production fabric to rural areas, far from large production centres. This will enable 14 of the Iccrea Group's banks to provide EUR 200m in financing to Italian SMEs, including in the agricultural sector.

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not autho...
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not autho...