Potential Liquidity Stress in Sweden during the Pandemic (20/10/2022)
This paper provides analysis of the development in corporate trade credit and financial buffers, policy action and how this affected risks for cascading effects throughout the supply chain in Sweden.
The Fiscal and Distributional Effects of Removing Mortgage Interest Tax Relief in EU Member States (06/10/2022)
This European Economy Economic Brief discusses the effects of mortgage interest tax relief and in particular EUROMOD simulations of a removal of the relief in 14 EU Member States.
Consumer Savings Behaviour at Low and Negative Interest Rates (05/10/2022)
In this paper, the interest rates transmission to savings at low and negative rates is studied by exploiting the microdata from the EU Consumer Survey in combination with data on the monthly nominal interest rates offered on one-year household deposits in financial intermediaries across 19-euro area countries.
Housing Market Developments in the Euro Area: Focus on Housing Affordability (27/09/2022)
The paper discusses the housing market developments in the euro area with focus on housing affordability that has deteriorated in the recent years, it shows different dimensions and measures of affordability, including the regional patterns, and discusses policy areas affecting housing markets in general and housing affordability in particular.
Quarterly Report on the Euro Area (QREA), Vol. 21, No. 2 (2022) (28/07/2022)
Focussing on the euro area, QREA Volume 21 No. 2 (2022) provides estimates of the impact of the COVID-19 pandemic on corporate cleansing and labour markets, an updated assessment of the SURE instrument, as well as stress tests on the fiscal impact of extreme weather and climate-related events. It concludes with a brief overview of recent major policy developments at euro area level.
Explaining the Low Level of Investment in Slovenia (26/07/2022)
This study explores drivers and barriers of Slovenian firms’ investment activity and tests how the impact of the core investment determinants has changed in the aftermath of the global financial crisis.