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Research and Publications

Research News

The Governor's blog

30/ The ECB Governing Council’s 2025 monetary policy strategy assessment

The ECB’s monetary policy strategy sets out how to achieve the primary objective of maintaining price stability in the euro area as well as how to take into account other considerations without prejudice to price stability. (...)

Conference
11.06.2025: Conférence Bridge Forum Dialogue - AI: A technology with opportunities & challenges – About Facts, Fiction, and Hype
Workshops

Call for papers

Call for papers11th Luxembourg Workshop on Household Finance and Consumption
Organiser: Central Bank of Luxembourg
Date: Wednesday, 16 September -  Thursday, 17 September 2026
Location: Luxembourg

Publications

WP 206: Private market funds in Luxembourg, J. Majerus & R. Morhs, March 2026

WP 205: The rich, the poor, and the carbon tax, P. GARCIA SANCHEZ, O. PIERRARD, March 2026

WP 204: Public capital stocks in dynamic fiscal competition, P. Pieretti, G. Pulina, B. Zou, February 2026

WP 203: Disentangling the “shadow banking” metaphor, Héctor LABAT MOLES, Janvier 2026

WP 202: Non-linear effects of monetary policy shocks on housing: evidence from a CESEE country, Carlos Cañizares Martinez, Adriana Lojschová, Alicia Aguilar, Janvier 2026

Bulletin BCL 2025/1

Revue de stabilité financière 2025

AVIS de la Banque centrale du Luxembourg (BCL) sur les PROJETS DE LOI concernant LE BUDGET DES RECETTES ET DES DEPENSES DE L’ÉTAT POUR L’EXERCICE 2026 et LA PROGRAMMATION FINANCIERE PLURIANNUELLE POUR LA PERIODE 2025-2029

Cooperation

Tirole-GR

(Gaston Reinesch and Jean Tirole)

18 May 2015 : Cooperation agreement signed between the Toulouse School of Economics and the Banque centrale du Luxembourg

17.09.2019 - The Banque centrale du Luxembourg and the Toulouse School of Economics conference: "The future of the International Monetary System"

Speakers:

Claudio Borio, Bank for International Settlements
Benoît Coeuré, European Central Bank
Prof. Gita Gopinath, International Monetary Fund
Philip Lane, European Central Bank
Maurice Obstfeld, University of California, Berkeley
Hélène Rey, London Business School
Jean Tirole, Toulouse School of Economics