Economic Bulletin Boxes

2017 - 2025

From European Central Bank
60640 Frankfurt am Main, Germany.
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2022, volume 4

Liquidity conditions and monetary policy operations from 9 February to 19 April 2022

Joonas Koukkunen and Anne van der Graaf

A new indicator of domestic inflation for the euro area

Annette Fröhling, Derry O'Brien and Stefan Schaefer

The surge in euro area food inflation and the impact of the Russia-Ukraine war

Katalin Bodnár and Tobias Schuler

Does the private sector foresee a stagflation episode?

Malin Andersson, Niccolò Battistini, Aidan Meyler and Roberto A. De Santis

The impact of climate change on activity and prices – insights from a survey of leading firms

Friderike Kuik, Richard Morris and Yiqiao Sun

The impact of the influx of Ukrainian refugees on the euro area labour force

Vasco Botelho

The impact of the Russian invasion of Ukraine on euro area activity via the uncertainty channel

Alina Bobasu and Roberto A. De Santis

The impact of the war in Ukraine on euro area energy markets

Jakob Adolfsen, Friderike Kuik, Tobias Schuler and Eliza Lis

2022, volume 3

Gradual phasing-out of pandemic collateral easing measures

Charlotte Bakker, Luca Bortolussi, Mark Büssing-Lörcks, Adina Fudulache, Diana Gomes, Iskra Pavlova and Stephan Sauer

The role of speculation during the recent increase in EU emissions allowance prices

Miguel Ampudia, Giovanna Bua, Daniel Kapp and Dilyara Salakhova

What explains recent errors in the inflation projections of Eurosystem and ECB staff?

Mohammed Chahad, Anna-Camilla Hofmann-Drahonsky, Adrian Page, Marcel Tirpák and Baptiste Meunier

Minimum wages and their role for euro area wage growth

Gerrit Koester and David Wittekopf

The recent drivers of household savings across the wealth distribution

Niccolò Battistini, Alina Bobasu and Johannes Gareis

Main findings from the ECB’s recent contacts with non-financial companies

Gwenaël Le Breton, Richard Morris and Lina Segers

Implications of the terms-of-trade deterioration for real income and the current account

Vanessa Gunnella and Tobias Schuler

2022, volume 2

Which sub-components are driving owner-occupied housing costs?

Eduardo Gonçalves and Rodolfo Arioli

The labour market recovery in the euro area through the lens of the ECB Consumer Expectations Survey

António Dias Da Silva, Desislava Rusinova and Marco Weißler

The role of the inventory cycle in the current recovery

Malin Andersson and Gwenaël Le Breton

Corporate saving ratios during the pandemic

Gabe de Bondt

Liquidity conditions and monetary policy operations from 3 November 2021 to 8 February 2022

Ross James Murphy and Nikolaus Solonar

The role of credit risk in recent global corporate bond valuations

Livia Chiţu, Magdalena Grothe and Tatjana Schulze

Supply chain bottlenecks in the euro area and the United States: where do we stand?

Maria Grazia Attinasi, Roberto A. De Santis, Claudia Di Stefano, Rinalds Gerinovics and Mate Toth

2022, volume 1

Public wage and pension indexation in the euro area

Cristina Checherita-Westphal

Housing costs: survey-based perceptions and signals from price statistics

David Wittekopf, Friderike Kuik, Omiros Kouvavas and Gerrit Koester

Main findings from the ECB’s recent contacts with non-financial companies

Johannes Gareis, Richard Morris and Moreno Roma

The role of migration in weak labour force developments during the COVID-19 pandemic

Katalin Bodnár and Derry O'Brien

Natural gas dependence and risks to activity in the euro area

Vanessa Gunnella, Valerie Jarvis, Richard Morris and Mate Toth

Firm productivity dynamism in the euro area

Rodrigo Barrela, Vasco Botelho and Paloma Lopez-Garcia

How persistent supply chain disruptions could affect euro area potential output

Julien Le Roux

Recent inflation developments in the United States and the euro area – an update

Gerrit Koester, Sofia Cuquerella Ricarte and Ramon Gomez-Salvador

2021, volume 8

Draft budgetary plans for 2021: A review in times of the Covid-19 crisis

Stephan Haroutunian, Sebastian Hauptmeier and Steffen Osterloh

Assessing wage dynamics during the COVID-19 pandemic: can data on negotiated wages help?

Gerrit Koester, Nicola Benatti and Aurelian Vlad

The long-term effects of the pandemic: insights from a survey of leading companies

Eduardo Maqui and Richard Morris

Developments in the tourism sector during the COVID-19 pandemic

Vanessa Gunnella, Georgi Krustev and Tobias Schuler

Understanding the impact of the COVID-19 pandemic through an import-adjusted breakdown of euro area aggregate demand

Malin Andersson, Leyla Beck and Yiqiao Sun

Assessing short-term economic developments in times of COVID-19

Niccolò Battistini, Gabe de Bondt, Roberto A. De Santis and Lorena Saiz

Liquidity conditions and monetary policy operations in the period from 22 July to 3 November 2020

Simon Forsyth and Ross Murphy

The scarring effects of past crises on the global economy

Natalia Martín Fuentes and Isabella Moder

2021, volume 7

Results of a special survey of professional forecasters on the ECB’s new monetary policy strategy

Aidan Meyler, Marta Saez Moreno, Rodolfo Arioli and Franziska Fischer

The prevalence of private sector wage indexation in the euro area and its potential role for the impact of inflation on wages

Gerrit Koester and Helen Grapow

The recovery of housing demand through the lens of the Consumer Expectations Survey

Desislava Rusinova

Economic developments and outlook for contact-intensive services in the euro area

Malin Andersson, Niccolò Battistini and Grigor Stoevsky

The impact of the COVID-19 pandemic on labour productivity growth

Paloma Lopez-Garcia and Béla Szörfi

Labour supply developments in the euro area during the COVID-19 pandemic

Katalin Bodnár and Derry O'Brien

Main findings from the ECB’s recent contacts with non-financial companies

Gabe de Bondt, Friderike Kuik and Richard Morris

Scarring effects of the pandemic on the global economy – reviewing recent evidence

Julia Doleschel and Ana-Simona Manu

2021, volume 6

EU emissions allowance prices in the context of the ECB’s climate change action plan

Giovanna Bua, Daniel Kapp, Friderike Kuik and Eliza Lis

The impact of supply bottlenecks on trade

Erik Frohm, Vanessa Gunnella, Michele Mancini and Tobias Schuler

Non-financial corporate health during the pandemic

Gabe de Bondt, Arne Gieseck, Giulio Nicoletti and Mika Tujula

Liquidity conditions and monetary policy operations from 28 April 2021 to 27 July 2021

Elvira Fioretto and Svetla Daskalova

Comparing recent inflation developments in the United States and the euro area

Gerrit Koester, Jakob Nordeman and Michel Soudan