Economic Bulletin Boxes

2017 - 2025

From European Central Bank
60640 Frankfurt am Main, Germany.
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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 O’Brien, Derry

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

2021, volume 5

The structural impact of the shift from defined benefits to defined contributions

Maddalena Ghio, Angelica Ghiselli, Benjamin Mosk and Linda Rousová

Recent developments in pipeline pressures for non-energy industrial goods inflation in the euro area

Gerrit Koester, Ieva Rubene, Eduardo Gonçalves and Jakob Nordeman

The role of sectoral developments for wage growth in the euro area since the start of the pandemic

Gerrit Koester and Eduardo Gonçalves

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

Catherine Elding, Friderike Kuik and Richard Morris

COVID-19 and the increase in household savings: an update

Maarten Dossche, Georgi Krustev and Stylianos Zlatanos

The heterogeneous economic impact of the pandemic across euro area countries

Philip Muggenthaler, Joachim Schroth and Yiqiao Sun

Cross-sectoral dispersion in firms’ earnings expectations during the COVID-19 crisis

Joost Bats, William Greif and Daniel Kapp

The implications of savings accumulated during the pandemic for the global economic outlook

Maria Grazia Attinasi, Alina Bobasu and Ana-Simona Manu

2021, volume 4

The implications of the 2021 stability programmes for fiscal policies in the euro area

Stephan Haroutunian, Sebastian Hauptmeier and Steffen Osterloh

The semiconductor shortage and its implication for euro area trade, production and prices

Maria Grazia Attinasi, Roberta De Stefani, Erik Frohm, Vanessa Gunnella, Gerrit Koester, Mate Toth and Alexandros Melemenidis

Euro area house price developments during the coronavirus pandemic

Moreno Roma

The impact of the COVID-19 crisis on the euro area labour market for men and women

Vasco Botelho and Pedro Neves

Liquidity conditions and monetary policy operations in the period from 27 January to 27 April 2021

Guido della Valle and Nikolaus Solonar

The impact of fiscal support measures on the liquidity needs of firms during the pandemic

Roberto A. De Santis, Annalisa Ferrando and Elena S. Gabbani

Developments in the euro area current account during the pandemic

Michael Fidora, Fausto Pastoris and Martin Schmitz

2021, volume 3

Recent dynamics in energy inflation: the role of base effects and taxes

Ieva Rubene and Gerrit Koester

Macroeconomic implications of heterogeneous long-term inflation expectations: illustrative simulations through the ECB-BASE

Matthieu Darracq Paries and Srečko Zimic

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

Gwenaël Le Breton, Richard Morris and Moreno Roma

What is driving the recent surge in shipping costs?

Maria Grazia Attinasi, Alina Bobasu and Rinalds Gerinovics

2021, volume 2

Towards an effective implementation of the EU’s recovery package

Nico Zorell and Sander Tordoir

2021 HICP weights and their implications for the measurement of inflation

Eduardo Gonçalves, Lukas Henkel, Omiros Kouvavas, Mario Porqueddu and Riccardo Trezzi

The role of profit margins in the adjustment to the COVID-19 shock

Elke Hahn

The impact of containment measures across sectors and countries during the COVID-19 pandemic

Niccolò Battistini and Grigor Stoevsky

Liquidity conditions and monetary policy operations in the period from 4 November 2020 to 26 January 2021

Daniel Gybas and Christian Lizarazo

The euro area capital stock since the beginning of the COVID-19 pandemic

Julien Le Roux

Economic developments in the euro area and in the United States in 2020

Malin Andersson, Cristina Checherita-Westphal, Ramon Gomez-Salvador, Lukas Henkel and Matthias Mohr

2021, volume 1

Prices for travel during the COVID-19 pandemic: is there commonality across countries and items?

Eliza Lis and Jakob Nordeman

Housing costs and homeownership in the euro area

Moreno Roma

Model-based risk analysis during the pandemic: introducing ECB-BASIR

Elena Angelini, Matthieu Darracq Paries and Srečko Zimic

The economic impact of the pandemic - drivers of regional differences

Philipp Meinen and Roberta Serafini

Rotation towards normality – the impact of COVID-19 vaccine-related news on global financial markets

Johannes Gräb, Moritz Kellers and Helena Le Mezo

Pandemic-induced constraints and inflation in advanced economies

Alina Bobasu, Luigi Crucil, Alistair Dieppe and Marcel Tirpák