European Financial Architecture

Loriana Pelizzon

Full Professor of EconomicsCa' Foscari University Of Venice;Full Professor and Chair of Law and FinanceGoethe University Frankfurt;Department Director of "Financial Markets" and Coordinator of Gender EqualityLeibniz Institute For Financial Research (SAFE)

EFA comprises all issues related to the role of banking and capital markets in the Euro Area. Topics to be addressed include, without being limited to: financial stability; banking competition and regulation; market supervision and market infrastructure; decentralized (digital) finance and crypto assets/banking; central banking channels: banks, markets, non-banks; and ESG finance and impact measurement (incl. taxonomy).

People
Members are CEPR research fellows and research affiliates as well as legal scholars and policy makers. The initial composition of the group will display diversity with respect to field of specialization and experience, national background, gender, and age.

Topics
The RPN organizes workshops, web-based and/or physical, on topics of mutual interest, with input (impulses) from members and invited guests. One aim is to draft and further discuss position/policy papers that are publishable, e.g. in venues like VoxEU.

Possible themes:

Regulation of banking and capital markets, and their supervisory architecture
Financial market development in Europe
Green finance: Identifying impact and measuring effectiveness
Pension system design: Challenges in building a funded system
Corporate governance issues in a world of ETF investors
Resilience in financial systems
Decentralized finance, systemic risk, and regulation
Tokenization and the future of securities market
Continental Europe’s financial architecture post-Brexit.

Leibniz Institute For Financial Research (SAFE)

Research Policy Networks Sessions at the Paris Symposium

Events

The Centre for Economic Policy Research (CEPR) Research Policy Network (RPN) European Financial Architecture will host several events and webinars a year.

a theory of financial dominance webinar holding slides

Webinar Video

Indebted Supply and Monetary Policy: A Theory of Financial Dominance - CEPR RPN European Economic Policy

6 May 2025

EU Economic Architecture
EU policies

Webinar Video

Private Credit - CEPR RPN European Financial Architecture

Duration 01:00 / 17 Oct 2024

EU Economic Architecture
EU institutions
EU policies

European Financial Architecture

Webinar Video

Loan Guarantees and Public Policy - CEPR RPN European Economic Policy & Financial Architecture

Duration 01:15 / 17 Oct 2024

EU Economic Architecture
EU institutions
EU policies

Conference

1st CEPR Frankfurt Hub Conference on EURO at 25 and BEYOND

30 Oct 2024 - 31 Oct 2024 in Germany

EFA RPN Session at the CEPR Paris Symposium 2025

On Friday, 5 December 2025, 09:00 - 10:00 (Paris time), the European Financial Architecture RPN will hold a session at Banque de France during the CEPR Paris Symposium 2025.

Learn More

Steering Committee

Bo Becker

Director, Swedish House of Finance; Cevian Capital Professor of Finance in the Department of FinanceStockholm School Of Economics

RPN Steering Committee, European Financial Architecture / Fellow, Banking and Corporate Finance / Fellow, Climate Change and the Environment

Tobias Berg

Full Professor of FinanceGoethe University Frankfurt

Arnoud Boot

FellowRoyal Netherlands Academy of Arts and Sciences;Professor of Corporate Finance and Financial MarketsUniversity Of Amsterdam

Elena Carletti

Full Professor of Finance, Finance DepartmentBocconi University

Marco Pagano

Professor of FinanceUniversity Of Naples Federico Ii

Members

Franklin Allen

Interim Dean of Imperial Business School, Professor of Finance and Economics and Director of the Brevan Howard CentreImperial College London, Business School

Ignazio Angeloni

Non-resident Fellow, Institute for European PolicymakingBocconi University;Senior Policy FellowLeibniz Institute For Financial Research (SAFE)

RPN Member, European Financial Architecture

Thorsten Beck

Director, Florence School of Banking and Finance; Professor of Financial StabilityEuropean University Institute

Patrick Bolton

Barbara and David Zalaznick Professor Emeritus of Business and Professor Emeritus of Economics FinanceColumbia University;Professor of FinanceImperial College London

Markus Brunnermeier

Edwards S. Sanford Professor of Economics and Director of the Bendheim Center for FinancePrinceton University

Nicola Cetorelli

Head of Financial Intermediation, Research and Statistics GroupFederal Reserve Bank Of New York

RPN Member, European Financial Architecture

Stijn Claessens

Executive FellowYale School Of Management

João F. Cocco

Professor of FinanceLondon Business School

Benoît Coeuré

PresidentAutorité de la Concurrence;Member of the Executive BoardEuropean Central Bank

RPN Member, European Financial Architecture / Trustee

Giovanni Dell'Ariccia

Deputy Director Research DepartmentInternational Monetary Fund

Leonardo Gambacorta

Head of Emerging MarketsBank For International Settlements

Mariassunta Giannetti

Katarina Martinson Professor of FinanceStockholm School Of Economics

Luigi Guiso

AXA Professor of Household FinanceEinaudi Institute for Economics and Finance (EIEF)

Florian Heider

Professor of EconomicsGoethe University Frankfurt;Scientific DirectorLeibniz Institute For Financial Research (SAFE)

Thomas Huertas

RPN Member, European Financial Architecture

Marcin Kacperczyk

Professor of FinanceImperial College London

Hans-Helmut Kotz

Program Director of the SAFE Policy Center, Center for Financial StudiesGoethe University Frankfurt;Resident Fellow, Center for European Studies and Visiting Professor of EconomicsHarvard University

RPN Member, European Financial Architecture

Jan-Pieter Krahnen

Professor of Finance emeritusGoethe University Frankfurt;Founding Director emeritusLeibniz Institute For Financial Research (SAFE)

Luc Laeven

Director-General of the Directorate General ResearchEuropean Central Bank

RPN Member, European Economic Policy / RPN Member, European Financial Architecture / Fellow, Banking and Corporate Finance

Christian Leuz

Charles F. Pohl Distinguished Service Professor of Accounting and Finance, University of Chicago's Booth School of BusinessUniversity Of Chicago

Angela Maddaloni

Research Advisor, Directorate General ResearchEuropean Central Bank;Head of Section, Directorate General ResearchEuropean Central Bank

Irene Monasterolo

Full Professor of Climate FinanceUtrecht University

RPN Member, European Financial Architecture / Fellow, Climate Change and the Environment

Martin Oehmke

Professor of FinanceLondon School Of Economics And Political Science

Steven Ongena

Research ProfessorKatholieke Universiteit Leuven;Senior ChairSwiss Finance Institute;Professor in BankingUniversity Of Zurich

Luboš Pástor

Charles P. McQuaid Distinguished Service Professor of Finance and Robert King Steel Faculty Fellow, Chicago Booth School of BusinessUniversity Of Chicago

Katharina Pistor

Michael I. Sovern Professor of Law and Director of the Center on Global Legal Transformation, Columbia Law SchoolColumbia University

RPN Member, European Financial Architecture

Jean Charles Rochet

Research Director at Institut D’Économie IndustrielleToulouse 1 Capitole University;Professor of EconomicsToulouse School Of Economics

Zacharias Sautner

Senior ChairSwiss Finance Institute;Professor of Sustainable FinanceUniversity Of Zurich

RPN Member, European Financial Architecture / Fellow, Climate Change and the Environment

Isabel Schnabel

Member of the Executive BoardEuropean Central Bank;Professor of Financial Economics (on leave)University Of Bonn

Dirk Schoenmaker

Professor of Banking and Finance, Rotterdam School of ManagementErasmus University Rotterdam

RPN Member, European Financial Architecture / Fellow, Banking and Corporate Finance / Fellow, Climate Change and the Environment

Moritz Schularick

PresidentKiel Institute For The World Economy;Professor of economicsSciences Po Paris;Director & Professor of EconomicsUniversity Of Bonn

Hyun Song Shin

Economic Adviser and Head of the Monetary and Economic DepartmentBank For International Settlements

Tobias Tröger

Professor of LawGoethe University Frankfurt

RPN Member, European Financial Architecture

Dimitri Vayanos

Professor of Finance and Director of the Paul Woolley Centre for the Study of Capital Market DysfunctionalityLondon School Of Economics And Political Science;Research AssociateNational Bureau of Economic Research

Nicolas Veron

Senior FellowBruegel;Senior FellowPeterson Institute for International Economics (PIIE)

RPN Member, European Financial Architecture

Xavier Vives

Professor of Economics and Finance, Abertis Chair of Regulation, Competition and Public Policy and Academic Director of the Public-Private Sector Research CenterIESE Business School, Barcelona

Upcoming events

5December

Conference

CEPR Paris Symposium

CEPR Paris Symposium 2025

5 Dec 2025 - 10 Dec 2025 in Paris, France

Past events

Conference

2nd SAFE-CEPR Frankfurt Hub International Conference

11 Sep 2025 - 12 Sep 2025 in Frankfurt

Register now

Conference

EU Savings and Investments Union: Bringing Capital Markets to People and Firms

4 Jun 2025 - 5 Jun 2025 in Luxembourg, Luxembourg and online

Conference

CEPR Paris Symposium

CEPR Paris Symposium 2024

12 Dec 2024 - 18 Dec 2024

This Event is no longer receiving submissions.

5December

Conference

CEPR Paris Symposium

CEPR Paris Symposium 2025

5 Dec 2025 - 10 Dec 2025 in Paris, France

The fourth edition of CEPR's annual flagship symposium will again bring together leading voices in European and global economics to discuss the most pressing issues facing the global economy. Academic presentations as well as policy panels and keynote lectures will be organised across a 6-day programme with several parallel streams.