Research & Publications
Economic research
The ECB is engaged in a wide range of economic research activities. ECB economists provide models, tools and analyses to support policy making and better communicate policy to the markets and the public.
Research Bulletin articles - snapshots of our economic research
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ECB publications
The ECB publishes a wide range of regular and ad hoc reports and research papers. These publications offer a deeper insight into the ECB’s activities and explain the background to some of its decisions. Many of the ECB’s publications are also available in the official EU languages. To receive automatic updates of ECB publications, register for the RSS feed.
Economic Bulletin
The Economic Bulletin presents the economic and monetary information which forms the basis for the Governing Council's policy decisions. It is released eight times a year, two weeks after each monetary policy meeting.
The Bulletins in March, June, September and December provide comprehensive analysis of economic and monetary developments including an integrated discussion of the staff macroeconomic projections on inflation, growth, public finances, and external trade.
The first euros. The creation and issue of the first euro banknotes and the road to the Europa series
A comprehensive insight into the history of euro banknotes, from their conception to the second series of notes, the Europa series, written by the former Director Banknotes of the European Central Bank.
The monetary policy of the ECB (Third edition, May 2011)
A detailed 161-page description of the ECB’s monetary policy and its economic and institutional background.
Price stability : Why is it important for you?
A 79-page, illustrated book on the importance of price stability, how it can be best achieved and how price stability supports sustainable economic growth and prosperity in the EU.
The payment system: payments, securities and derivatives, and the role of the Eurosystem
A comprehensive 370-page insight into the handling of financial transactions, the functioning of financial market infrastructure, and the role of the Eurosystem.
How the euro became our money. A short history of the euro banknotes and coins
A 94-page, illustrated book on the development and introduction of the euro banknotes and coins.