Project-related Research and Commentaries

The case for risk sharing in currency unions (Dimension 1)

The Exchange Rate Insulation Puzzle, Giancarlo Corsetti, Keith Kuester, Gernot Müller, and Sebastian Schmidt, CEPR Discussion Paper 15689, January 2021

Banking union and regulation (Dimension 2)

Cover your Assets: Non-performing Loans and Coverage Ratios in Europe, Lucia Alessi, Brunella Bruno, Elena Carletti, Katja Neugebauer, and Isabella Wolfskeil, Economic Policy, forthcoming

Bank bail-in and disputed claims: Can it cope? The case for and against a vis attractiva resolutionisJens-Hinrich Binder, Journal of Banking Regulation 21 (2020), 54-63

Supervisory Incentives in a Banking Union, Elena Carletti, Giovanni Dell'Ariccia, and Robert Marquez, Management Science, Vol. 67 No. 1, March 2020

Central Counterparties' Insolvency and Resolution: The EU Perspective, Jens-Hinrich Binder in: Binder and Saguato, ibid. (forthcoming)

Resolution Regimes in the Financial Sector: In Need of Cross-sectoral Regulation?, Jens-Hinrich Binder, in: V. Colaertm, D. Busch and Th. Incalza (eds.), European Financial Regulation: Levelling the cross-sectoral playing field (London: Bloomsbury Hart, 2019), pp. 227-243

Bank lending and resolution (Dimension 3)

MREL as a cornerstone of EU bank resolution law, Georgios Psaroudakis, work in progress

Corporate restructuring versus financial resolution: benchmarks for the lawful treatment of creditors and shareholders, Georgios Psaroudakis, European Business Law Review,(forthcoming)

Causation between false information to investors and damage: Comparative remarks, Paraskevi Nikou, work in progress

Proportionality at the resolution stage: Calibration of resolution measures and the public interest testJens-Hinrich Binder, EBOR 21 (2020), 453-474

The Relevance of the Resolution Tools Within the SRM, Jens-Hinrich Binder, in: V. Santoro and M.P. Chiti (eds.), The Palgrave Handbook on European Banking Union Law (London: Palgrave Macmillan, 2019), pp. 299-320

Cross-border coordination of bank resolution in the EU: all problems resolved?, Jens-Hinrich Binder, in: M. Haentjens (ed.), Research Handbook on Cross-border Bank Resolution (Cheltenham: Edward Elgar Publishing, 2019), pp. 30-56

The choice between judicial and administrative sanc-tioned procedures to manage liquidation of banks: a transatlantic perspectiveJens-Hinrich Binder, Maria Nieto, Mike Krimminger and Dalvinder Singh, Capital Markets Law Journal 14 (2019), 176-216

Sovereign risk (Dimension 4)

The Price of Law: The Case of the Eurozone Collective Action Clauses, Elena Carletti, Paolo Colla, Mitu Gulati, and Steven Ongena, The Review of Financial Studies, December 2020

Different no more: Country Spreads in Advanced and Emerging Economies, Benjamin Born, Gernot Müller, Johannes Pfeifer, and Susanne Wellmann, CEPR Discussion Paper 14392, May 2020, summary on VoxEU

Cross-country migration in the Euro Area (Dimension 5)

Mobility of Heterogeneous Workers in the European Union, Ricardo Franceschin and Joseph-Simon Görlach, working paper, September 2020

The Legitimacy of Risk Sharing Arrangements (Dimension 6)

Next Generation EU: Legal Construction, Legitimacy, Efficiency, Martin Nettesheim, Kube/Reimer (Hrsg.), Schriftenreihe des Instituts für Finanz- und Steuerrecht Heidelberg, 2021 (im Erscheinen) 

Next Generation EU: Die Transformation der EU-Finanzverfassung, Martin Nettesheim, Archiv des Öffentlichen Rechts 145 (2020), 381-437

Änderung des EU-Eigenmittelbeschlusses und Grundgesetz. Stellungnahme im Rahmen der Öffentlichen Anhörung des Deutschen Bundestages, Martin Nettesheim, Ausschuss für die Angelegenheiten der EU, October 26th, 2020

Keine verstärkte Zusammenarbeit zu Lasten aller. Oder wie „Next Generation Europe“ nicht realisiert werden kann, Martin Nettesheim, November 20th, 2020

Legally Feasible, Constitutionally Dubious. Establishing „Next Generation Europe“ on the Basis of EU Secondary Legislation, Martin Nettesheim, December 4th, 2020