Publications

Book

SVB and Beyond: The Banking Stress of 2023

• Viral Acharya
• Matthew P Richardson
• Kermit L. Schoenholtz
• Bruce Tuckman

17 Aug 2023

• European Financial Architecture
• Banking and Corporate Finance

Chapters

• Overview of Recent Banking Stress
• Underlying Macroeconomic Causes of Recent Banking Stress
• Banks, Interest Rate Risk and Systemic Risk - Theoretical and Historical Perspectives
• Silicon Valley Bank: Failures in “Detective” and “Punitive” Supervision Far Outweighed the 2019 Tailoring of Preventive Supervision
• Evaluation of the Policy Response: On the Resolution of Silicon Valley Bank, Signature Bank, and First Republic Bank
• Restoring Confidence in the Banking System with a Stagflation Stress Test
• Expanding Mark-to-Market Accounting for Banks’ Debt Investment Securities and Regulatory Capital
• Revisiting the Design of Deposit Insurance
• The FHLB Role in the SVB and Related Debacles
• Strengthening Supervisory and Resolution Frameworks
• Appendix: Liquidity Risk in Nonbank Financial Institutions and in Systemically Important Markets

Report

Post-war macroeconomic framework for Ukraine

• Beatrice Weder di Mauro
• Kenneth Rogoff
• Ilona Sologoub
• Tymofiy Mylovanov
• Maurice Obstfeld
• Simon Johnson
• Sergei Guriev
• Yuriy Gorodnichenko
• Barry Eichengreen
• Torbjörn Becker

Chapters

• Post-war economic framework for Ukraine: Introduction
• Fiscal policy
• Monetary and financial sector policies
• Labour market
• Regulatory environment
• Concluding remarks

Book

Peace not Pollution: How Going Green Can Tackle Climate Change and Toxic Politics

• Christian Gollier
• Dominic Rohner

29 Jun 2023

• Preventing Conflict: Policies for Peace
• Climate Change

Chapters

• Championing the green energy transition without playing into the hands of populists
• Taxing carbon
• The fast track to global carbon taxation
• Carbon pricing and social acceptability: Using EU ETS auction revenues for social expenditures in a changing world
• Phase-out policies
• Sobriety
• Managing energy demand with information-based policies in times of crises
• Promoting solar energy: Accounting for barriers to the transition
• Decarbonisation and regulation of the electricity sector in Europe
• Challenges for retail electricity
• Assessing the scientific impact of sustainable development, climate change and biodiversity projects in the Horizon 2020 programme
• Is green growth achievable?
• Equitable climate mitigation strategies in a world of high energy prices
• The green energy transition, part 1: Background and hurdles
• The green energy transition, part 2: Drivers, effects of carbon pricing, new externalities and policy challenges
• The green energy transition, part 3: Climate finance opportunities, perspectives and strains
• The green transition, energy security and energy independence
• Unextractable minerals and metals for the energy transition
• On the new geopolitics of critical materials and the green transition
• Mineral extraction and conflict in the era of green technologies: Implications and consequences
• Clean energy, clean politics: The key importance of decentralisation, transparency and local empowerment for the green transitio

Publication Series

Discussion Papers

Publication Series

Vox eBooks

Publication Series

Policy Insights

DP18479 Arthur Lewis’s Mid-Century Report on Industrialisation and the Gold Coast: A Long Century Perspective

• Kanbur

DP18477 The Allocation of Incentives in Multi-Layered Organizations: Evidence from a Community Health Program in Sierra Leone

• Deserranno
• Caria
• Kastrau
• León-Ciliotta

DP18478 Price Discrimination and Mortgage Choice

• Coen
• Kashyap
• Rostom

DP18476 Buyer-Optimal Algorithmic Consumption

• Ichihashi
• Smolin

DP18475 The Long Goodbye: the Economic Effects of Early Parental Death

• De Giorgi
• Prado
• Severgnini

DP18474 Human Capital, Self-Esteem, and Income Inequality

• Gradstein
• Ventura

DP18473 Fairness and Inequality in Institution Formation

• Detemple
• Kosfeld

DP18470 The Expansion of Varieties in the New Age of Advertising

• Baslandze
• Greenwood
• Marto
• Moreira

DP18467 System-wide Dividend Restrictions: Evidence and Theory

• Ampudia
• Muñoz
• Smets
• Van der Ghote

Policy insights

Policy Insight 122: Monetary policy and the return of inflation: Questions, charts and tentative answers

• Ignazio Visco

25 Apr 2023

• Monetary Economics and Fluctuations

Policy insights

Policy Insight 121: The European Commission’s expenditure benchmark

• Charles Wyplosz

Policy insights

Policy Insight 120: Electricity market design: Views from European economists

• Michele Polo
• Mar Reguant
• Karsten Neuhoff
• David Newbery
• Matti Liski
• Gerard Llobet
• Reyer Gerlagh
• Albert Banal-Estanol
• Francesco Decarolis
• Natalia Fabra
• Anna Creti
• Claude Crampes
• Estelle Cantillon
• Sebastian Schwenen
• Camille Landais
• Iivo Vehviläinen
• Stefan Ambec