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Optimal severity of stress test scenarios
Regularly conducted stress tests constitute a constraint on bank balance sheets: future equity must suffice to maintain current lending even after absorbing severe losses. Studying such a forward-looking constraint in a representative bank model,...
What steps can Europe take to advance a just and human-centric digital transformation?
Digital policies play a crucial role in shaping economies and societies, and much is at stake: human rights, democracy, economic prosperity, social welfare, and Europe’s geopolitical position on the global stage.
This report, edited by Klaudia Majcher with contributions from 22 EUI academics, provides a framework for discussion by translating academic ideas into policy recommendations.