Projects for Economy and Finance

  • March 2008 - February 2011

    Intangible Capital and Innovations: Drivers of Growth and Location in the EU (INNODRIVE)

     The aim of this research project was to improve our understanding by providing new data on intangible capital and new evidence on the contributions of intangible capital to economic growth. This study aimed to improve measurement of the capital embodied in intellectual assets (e.g. human capital, R&D, patents, software and organisational structures) and to uncover the growth potential associated with intangible capital accumulation in manufacturing, service industries and the rest of the economy.

    At the micro-level INNODRIVE will improve insight into the contributions of intangibles to the growth of firms by exploiting recently established linked employer-employee datasets in a selection of old and new member states, and by implementing a performance-based methodology to analyse how firms use knowledge and human capital to increase their productivity and how mobile workers react to these processes.

  • December 2007 - June 2008

    CEMAC Diagnostic Study and Credit Information Action

    As part of the Africa Credit Reporting and Financial Infrastructure Initiative (ACRFII) this project focuses on a broad definition of financial information infrastructure. The team will primarily engage with stakeholders at the regional level, but will also look in more detail at the Cameroon financial sector, which represents a significant share of total banking assets in the CEMAC region, in order to assess the dynamics of establishing credit reporting systems at a country level within a supranational regulatory framework.

  • January 2007 - December 2007

    European Offshore Financial Centres

    The project examines the positioning of European OFCs in light of international developments, European Regulations and taxation agreements.

  • January 2007 - December 2007

    Financial Services Provision and Prevention of Financial Exclusion

    The main objective of this study consists of determining the policy mix and programmes to monitor and promote access to financial services.

  • January 2007 - December 2007

    Non-listed Real-Estate Funds and European Regulation

    The purpose of this study is to analyse the impact of the forthcoming UCITS revision, MiFID and Basel II for the non-listed real estate industry.

  • December 2006 - December 2007

    Construction of an Index of Financial Vulnerability

    This project is funded by an independent research grant from the financial services company Genworth. It aims to construct an index to measure the financial vulnerability of households in Europe. The main purpose is to map influence factors as well as early warning factors about the possible increase of credit risk. This research project will involve the psychology of borrowing, behavioural economics as well as insights from similar indices across Europe. The University of Bristol’s Personal Finance Research Centre also participates in this project.

  • December 2006 - December 2007

    Performance and Roles of Savings Banks in Europe

    This research project aims at understanding the performance dimension of some non-strictly profit-oriented banking groups in Europe, while investigating their roles in their respective economies.

  • January 2006 - July 2009

    Provision of External Expertise on the Assessment of the Implementation of the Integrated Guidelines for Growth and Jobs (PROXIM)

    Under this framework contract the European Parliament commissioned the provision of an annual study on the implementation of the Integrated Guidelines for Growth and Jobs in the individual EU Member States as well as from an overall EU perspective.
    The studies had to provide:
    • comprehensive reports on the implementation of the Integrated Guidelines in each Member State and the progress made until the end of the year for which assessment is requested;
    • an assessment of the implementation situation of the Integrated Guidelines in the EU as a whole;

  • September 2005 - April 2006

    Norms for the Asian Regional Bond Market – The EU experience

    CEPS undertook a major research project for the Asian Development Bank in an assignment to apply lessons from the integration of European capital markets to the ongoing effort to further develop and integrate East Asian bond markets. Ever since the 1997 financial crisis, Asian governments have been keen to develop native sources of debt finance to rely less on foreign capital with attendant currency and refinancing risk.

  • June 2005 - May 2009

    Wider Europe, deeper integration? “Constructing Europe” Network (EU-CONSENT)

    “Constructing Europe” Network was a network of excellence for joined research and teaching will look at the construction of a new Europe especially from 2005-2008. It addressed questions of the mutual reinforcing effects of deepening and widening by developing and working with three sets of expectations for analysing the past and developing an innovative framework for the future integration beyond Western Europe. Within such a conceptual framework 25 teams tested lessons from the past in view of their academic and political validity for discussing visions and scenarios for the future. The major leitmotiv is that the Union is in the full process of reinventing itself – a development which is however difficult to grasp and explain.