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

DP18486 Resource Dependence, Recycling, and Trade

• Egger
• Keuschnigg

DP18485 The Effect of Second-Generation Rent Controls: Evidence from Catalonia

• Monras
• García-Montalvo

DP18487 Self-Employment within the Firm

• Bassi
• Lee
• Peter
• Porzio
• Sen
• Tugume

DP18483 How to Fund Unemployment Insurance with Informality and False Claims: Evidence from Senegal

• Ndiaye
• Herkenhoff
• Cisse
• Dell'Acqua
• Mbaye

DP18482 Life after Default: Dealer Intermediation and Recovery in Defaulted Corporate Bonds

• Baumann
• Livdan
• Kakhbod
• Nazemi
• Schürhoff

DP18481 Regional and Urban Development in Europe

• Lehmann-Hasemeyer
• Wahl

DP18484 Zero-Sum Thinking, the Evolution of Effort-Suppressing Beliefs, and Economic Development

• Carvalho
• Bergeron
• Henrich
• Nunn
• Weigel

DP18480 Global Capital Allocation

• Florez-Orrego
• Maggiori
• Schreger
• Sun
• Tinda

DP18478 Price Discrimination and Mortgage Choice

• Coen
• Kashyap
• Rostom

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