A top-down European Fiscal Rule, February 2021

The euro is fragile; that's OK, June 2022

What's Wrong with Fiscal Space, February 2020.

Fiscal rules for Europe, ifo DICE Report, 3-6, August 2019.

Fiscal discipline: From theory to practice March 2019

Limits to the independence of the ECB, Review of World Economics 155(1), 35-41, February 2019.

Fiscal Councils and Fiscal Rules: Complements or Substitutes? in: R. Beetsma and X. Debrun (eds) Independent Fiscal Councils: Watchdogs or Lapdogs? VoxEU.org Book, CEPR, London, 2018.

Independent report on the Greek official debt, (with Barry Eichengreen, Emilios Avgouleas, Miguel Poiares Maduro, Ugo Panizza, Richard Portes, Beatrice Weder di Mauro, Charles Wyplosz and Jeromin Zettelmeyer) Policy Insight 92, CEPR, London, March 2018.

A European Monetary Fund?, In-Depth Analysis, European Parliament, 2017.

EMU and Ordoliberalism in T. Beck and H.-H. Kotz (eds) Ordoliberalism: A German Oddity?, VoxEU.org eBook, CEPR, London 2017.

Patches Won’t Do, Fiscal Federalism Will, in T.Beck and G. Underhill (eds) Quo Vadis? Identity, Policy and the Future of the European Union, VoxEU.org Book, CEPR, London, 2017.

Europe’s fiscal conundrum (with Barry Eichengreen) in: A. Bénassy-Quéré and F. Giavazzi (eds) Europe’s Political Spring, Fixing the Eurozone and Beyond, VoxEU.org Book, CEPR, London, 2017.

The IMF’s Role in Greece in the Context of the 2010 Stand-By Arrangement, (with Silvia Sgherri) Background Paper 16-02/11, Independent Evaluation Office, IMF.

Banking Union as a Crisis Management Tool, in R. Baldwin and F. Giavazzi (eds), How to Fix Europe’s Monetary Union, Rebooting Europe, CEPR, 2016.

How the Euro Crisis Was Successfully Resolved, (with Barry Eichengreen) in R. Baldwin and F. Giavazzi (eds), How to Fix Europe’s Monetary Union, Rebooting Europe, CEPR, 2016.

The European Debt Crisis: Too Few Lessons Learned, in R. Baldwin and F. Giavazzi (eds), The Eurozone Crisis, Rebooting Europe, CEPR, 2015.

PADRE: Politically Acceptable Debt Restructuring in the Eurozone (with Pierre Pâris), Geneva Report on the World Economy Special No3, CEPR, London 2014.

Europe's Quest for Fiscal Discipline, European Economy Economic Papers 498, European Commission, April 2013.

Eurozone Crisis and the Competitiveness Legend, Asian Economic Papers 12(3): 63-81, Fall 2013.

Fiscal Rules: Theoretical Issues and Historical Experiences, in: A. Alesina and F. Giavazzi (eds) Fiscal Policy After the Crisis, Chicago University Press, 2012.

Public Debts: Nuts, Bolts and Worries, (with Barry Eichengreen, Robert Feldman, Jürgen von Hagen and Jeffrey Liebman”, Geneva Report on the World Economy 13, CEPR, London, 2011.

A top-down European Fiscal Rule, February 2021

What's Wrong with Fiscal Space, February 2020.

Fiscal discipline: From theory to practice March 2019.

Fiscal Councils and Fiscal Rules: Complements or Substitutes? in: R. Beetsma and X. Debrun (eds) Independent Fiscal Councils: Watchdogs or Lapdogs? VoxEU.org Book, CEPR, London, 2018.

Debt Sustainability Assessment: Mission Impossible, Review of Economics and Institutions, 2(3): 1-37, Fall 2011.

Fiscal Discipline: Rules Rather than Institutions, National Institute Economic Review 217, R19-R30, 2011.

A Common Pool Theory of Supranational Deficit Ceilings, (with Signe Krogstrup), European Economic Review54(2): 273-281, February 2010.

Fiscal Policy: Institutions Versus Rules, National Institute Economic Review 191: 70-84, January 2005.

One Money, Many Countries, (with Carlo Favero, Xavier Freixas and Torsten Persson), Monitoring the European Central Bank 2, CEPR, February 2000.

The ECB: Safe at Any Speed?”, (with David Begg, Paul de Grauwe, Francesco Giavazzi and Harald Uhlig), Monitoring the European Central Bank 1, CEPR, November 1998.

Options for the Future Exchange Rate Policy of the EMU (with David Begg and Francesco Giavazzi), CEPR Occasional Paper No.17, 1997.

EMU: Getting the Endgame Right, (with David Begg, Francesco Giavazzi and Jürgen von Hagen) Monitoring European Integration 7, CEPR, London, 1997.

Making Sense of Subsidiarity: How Much Centralization for Europe (with David Begg, Jean-Pierre Danthine, Vittorio Grilli, Hans Werner Sinn) in Monitoring European Integration 4, CEPR, London, November 1993. (French version in Economie Prospective Internationale, 1994).

The Making of Monetary Union, (with David Begg, Francesco Giavazzi, Luigi Spaventa), in: Monitoring European Integration 2, CEPR, London, Oct. 1991.

The East, the Deutschmark and EMU, (with David Begg, Jean-Pierre Danthine, Fracsceo Giavazzi), in: Monitoring European Integration 1, CEPR, London, Oct. 1990. (Also published in Hungarian in Közgazsadagi Szemle, April 1991.)

The Two-Handed Growth Strategy for Europe: Autonomy through Flexible Cooperation (with Jacques Drèze, Charlie Bean, Francesco Giavazzi and Helmut Giersch), European Economic Review, Papers and Proceedings, March 1988.

The Economic Consequences of President Mitterrand (with Jeffrey Sachs), Economic Policy 2, April 1986.