Useful links
- European Central Bank publications
-
The Governor's blog
-
31/ Essai d’Économie Politique
- 30/ The ECB Governing Council’s 2025 monetary policy strategy assessment
- 29/ Signalling the Governing Council’s monetary policy stance through the deposit facility rate
- 28/ Money Market Statistical Reporting (MMSR): Enlarged reporting population including three reporting agents based in Luxembourg
- 27/ The March 2024 Governing Council’s monetary policy decisions
- 26/ L’enquête de conjoncture auprès des consommateurs au Luxembourg / L’indicateur de confiance des ménages
- 25/ Essai d'Économie Politique
- 24/ Mise en production réussie de T2
- 23/ Normalising the ECB monetary policy: A data-dependent transition towards a level of policy rates ensuring the timely return of inflation to the two per cent medium-term target
- 22/ The recent wholesale central bank digital currency initiative taken jointly by Banque de France and Banque centrale du Luxembourg
- 21/ BCL Opinion on the 2023 draft budget and the 2022-2026 multiannual programming law
- 20/ Informal meeting of the Governing Council on 5 & 6 October 2022
- 19/ Essai d'Économie Politique
- 18/ The April 2022 ECB Governing Council monetary policy decisions: Incoming data reinforcing expectations of monetary policy normalisation
- 17/ The March 2022 ECB Governing Council monetary policy decisions: reassessing the inflation outlook and recalibrating monetary policy normalisation
- 16/ IMF’s Global Housing Watch data
- 15/ The February 2022 Governing Council: Monetary policy decisions confirmed, monetary policy statement recalibrated
- 14/ Residential real estate prices in Luxembourg
- 13/ Public sector asset purchases, including of Luxembourg government bonds by BCL, under the PSPP and the PEPP
- 12/ BCL opinion on the draft 2022 budget and the draft 2021-2025 multiannual programming law
- 11/ The new monetary policy strategy of the Eurosystem: Part 3
- 10/ The new monetary policy strategy of the Eurosystem: Part 2
- 9/ The new monetary policy strategy of the Eurosystem
- 8/ Interest rate benchmark reform
- 7/ Essai d'Économie Politique
- 6/ Recent inflation developments
- 5/ Eurosystem launches digital euro project
- 4/ The exceptional monetary policy response to the exceptional Covid-19 pandemic
-
3/ Unconventional monetary policy tools adopted before 2020
- 2/ An overview of the main Eurosystem’s monetary policy instruments in place
- 1/ How does the Governing Council take monetary policy decisions?
-
31/ Essai d’Économie Politique
- BCL Annual Report
- BCL Bulletins
- Financial Stability Review
- Working Papers
- BCL Brochure
- Other publications
- Opinions of the Banque centrale du Luxembourg on the parliament bill of the State budget
- The Governor's publications
- Governor's speeches
- Warnings
- BCL Press releases
- BCL Videos
- Education
31/ Essai d’Économie Politique
15 December 2025
Blog post by Gaston Reinesch, Governor of the BCL
ESSAI D’ÉCONOMIE POLITIQUE
Une nouvelle version, version 9 datée du 31 août 2025, de notre Essai d’Économie Politique est désormais disponible sur le site de la BCL.
Au-delà d’un ensemble de corrections de forme et de fond, cette nouvelle version 9 comporte, dans les sections 1 à 4, des révisions parfois étendues ainsi que des ajouts substantiels de matières qui n’avaient pas été abordées dans les versions antérieures.
La prochaine version 10 sera principalement consacrée à une refonte en profondeur de la section 5.
Useful links
- European Central Bank publications
