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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: 10 th Luxembourg Workshop on Household Finance and Consumption
Organiser: Central Bank of Luxembourg
Date: Wednesday, 8th October - Thursday, 9th October 2025

Programme
Location: Luxembourg

Publications

WP200: When health affects income (and viceversa): Policy transmission in a heterogeneous agent life-cycle model, BY Pablo GARCIA SANCHEZ and Olivier PIERRARD, September 2025
WP199: A System-Wide Stress Testing for Luxembourg Financial Sectoren, by José FIQUE and Xisong JIN, September 2025

WP198: Modeling the evolution of carbon intensity: linking the Solow model to the transport equation, by Paolo Garcia Sanchez and Olivier Pierrard, May 2025

WP197: An Analysis of the Relationship between Captive Financial Institutions and External Lendersen, by Gabriele Di Filippo, Avril 2025
WP196: Solving Economic Models with Neural Networks Without Backpropagationen, by Julien Pascal, April 2025

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