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Artificial Intelligence in Business and Economic Decisions under the Shadow of the EU Regulations

There's a prevailing skepticism regarding whether existing competition laws are equipped to curb the tendency of AI to foster prices above competitive levels, as these laws were originally crafted to target explicit collusion between companies

Shamsfakhr Farzaneh

Farzaneh Shamsfakhr

Farzaneh Shamsfakhr is a Researcher in the Economic Policy Unit at CEPS.

Farzaneh has over ten years of professional experience in economic research and quantitative analysis. She has collaborated on several research projects in the field of macroeconomics, labor economics, public finance, and monetary policy.

Farzaneh completed her Ph.D. at University of Duisburg-Essen and received her M.Sc in Economics from Ruhr University Bochum (RUB).

From Past Shocks to Future Uncertainties: Navigating 25 Years of Euro Area Challenges

The euro area has been subject to a series of very different shocks, some of which, such as the COVID-19 pandemic, were unprecedented. While the ECB’s reaction to these deflationary shocks was vigorous, it persisted too long with its expansionary mea...

Why Italy Should Not Postpone the Adjustment Required by the New EU Fiscal Rules

Italy must be compliant ex post, and not only ex ante, with the new fiscal rules if it intends to guarantee the long-term sustainability of its public debt.

How Capitalism Can Help Solve 21st Century Problems - A Comparative EU-US Perspective

Why should the public at large bear the cost of correcting the detriments that business has inflicted on society to the benefit of its owners and managers? We have to tackle the real problem: the nature of corporations

Political Dynamics and Consequences of Climate Policy

To achieve climate mitigation goals under the Paris Agreement and EU legislation, more ambitious climate policies are being discussed and implemented, bringing climate change to the center of the political arena. Therefore, investigating the interpla...

Schnabel Isabel

Isabel Schnabel

Isabel Schnabel is a Member of the Executive Board of the European Central Bank since 2020. At the ECB, she is responsible for Market Operations, Research and Statistics.

She is on leave from the University of Bonn where she was a Professor of Financial Economics. Before joining the ECB, she was also a member of the German Council of Economic Experts, and in 2019 she was Co-Chair of the Franco-German Council of Economic Experts.

Isabel Schnabel studied Economics in Paris I, Berkeley and Mannheim, where she also received her PhD.

Is Technology our Enemy?

Bite-back occurs when an innovation has unexpected and unintended effects. It is probably the case that in most cases such consequences are negative, but that is not invariably the case. Bite-back happens because a new technology is by definition an ...

Dal piano Biden tante opportunità per l'Europa

L'Inflation Reduction Act (IRA), firmato dal Presidente degli Stati Uniti Joe Biden quasi un anno fa (agosto 2022), è il primo importante provvedimento per contrastare il cambiamento climatico che il parlamento degli Stati Uniti abbia mai approvato. ...

The European Union at the time of the New Cold War: A Manifesto

Rebuilding trust in the EU would entail the recognition that the winners of yesterday are not the winners of today or tomorrow. In a world of endemic uncertainty and repeated shocks, to avoid zero-sum games, an insurance-based solidarity is needed wh...