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protection in Europe. Increased economic exposure and the growing frequency and severity of natural catastrophes linked to … climate change have been driving up the cost of natural catastrophes in Europe. Between 1981 and 2023, natural catastrophes … widen further due to the increasing risk posed by climate change. Europe is the fastest-warming continent in the world and …
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The ECB's annual report on financial integration in Europe contributes to the advancement of the European financial … Europe, especially in the euro area, as reflected in the Eurosystem's mission statement. Financial integration fosters a …
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Using microdata from the Household Finance and Consumption Survey (HFCS), this study examines the role of inheritance, income and welfare state policies in explaining differences in household net wealth within and between euro area countries. First, about one third of the households in the 13...
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Restoring competitiveness is broadly acknowledged as the critical building block for achieving sustainable growth, but defining competitiveness, both in terms of tools as well as objectives, is a matter of debate. • The Competitiveness Research Network (CompNet) adopts a pragmatic approach,...
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This paper provides an encompassing description of the various indicators compiled in the financial module of CompNet using balance sheet information of European firms. We investigate whether and to which extent the heterogeneous financial positions of firms have affected firms' investment...
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