Publications

EBA 2025 Policy Research Workshop presentation analysing how biodiversity risk—including physical and transition risks—impacts bank lending decisions, using empirical data and case studies from European financial institutions.

EBA Research Workshop 2025 discussion on swap line arbitrage, analysing USD liquidity transmission to offshore markets using CLS swap settlements data, covering US bank balance sheets, non-US USD demand, pricing, and non-bank arbitrage in FX markets (2012–2022).

EBA Policy Research Workshop discussion by Bryan Hardy (BIS) analysing whether cross-border bank lending drives domestic economic growth, assessing causal evidence and micro-data methods like IV approaches and shift-share instruments.

EBA Research Workshop discussion by Despo Malikkidou analysing shadow banking's impact on traditional bank stability, market power, and business models, exploring risks and mechanisms in the post-global financial crisis landscape.

EBA 2025 Policy Research Workshop discussion on the impact of open banking and data sharing on loan collateralization for UK SMEs, analyzing the UK’s Commercial Credit Data Sharing scheme and its effects using theoretical models and empirical validation.

EBA 2025 Policy Research Workshop discussion on Open Banking (PSD2) effects on FinTech firms, analysing Spanish data to assess performance, revenue growth, and funding shifts from bank debt to equity using a difference-in-differences framework.

EBA Research Workshop 2025 discussion paper analysing the welfare effects of open banking, open finance, and data-sharing central bank digital currencies (CBDCs) on financial stability and interoperability.

Analysis by Harvard Business School on CBDC design tradeoffs and their impact on bank capital regulation, focusing on deposit flight risks, financial stability, and policy implications for the ECB’s digital euro project using a DSGE model calibrated to the euro area.

European Banking Authority discussion paper analysing foreign-borne interest rate risk in U.S. banks, focusing on how foreign deposits influence monetary policy transmission, funding structures, and reserve requirements, with insights on global funding effects.

Analysis by NOVA IMS and EBA-affiliated researcher Jorge Miguel Bravo on risks in short-term funding markets, focusing on U.S. tri-party repo disruptions, cyber threats, liquidity gaps, and policy implications for financial stability and monetary transmission.

Study by National Bank of Belgium and Tilburg University analysing supply chain spillovers of private equity buyouts in Belgium (2002-2022), assessing effects on suppliers' sales, employment, and markups with empirical evidence from production network data.

EBA discussion paper analysing the impact of uninsurable business risk on SME growth, comparing credit constraints and risk-sharing mechanisms, with policy implications for financing reforms and institutional risk-sharing frameworks.

EBA Conference 2025 discussion on gender discrimination in syndicated loan pricing – examines whether female CFOs face higher spreads in low gender-equality countries, using cross-country data and cultural bias analysis.