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Research Staff

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Disclaimer. The Curriculum Vitae in this page, and any links from this page to websites outside of the www.bde.es domain, are the sole responsibility of Teresa Sastre de Miguel. The Banco de España is not responsible for their content.

Teresa Sastre de Miguel

Staff economist
Forecasting and Conjunctural Analysis Division
Economic Analysis and Forecasting Department
DG Economics, Statistics, and Research

Contact Information

  • Address: Calle Alcalá 48, 28014 Madrid, España
  • e-mail:

Fields of Interest

  • Households’ demand: Consumption, housing investment
  • Household income, wealth and savings

JEL Codes

  • E21

Curriculum Vitae

Selected Publications and Working Papers

  • “Demand decisions by households and firms”
    Pilar L’Hotellerie and Teresa Sastre (2006-01)
    The Analysis of the Spanish Economy. Data, instruments and procedures - ch. 11, Servicio de Estudios del Banco de España
    JEL codes: E21, E22
  • “Wealth and asset price effects on economic activity”
    Filippo Altissimo, Evaggelia Georgiou, Teresa Sastre, Maria Teresa Valderrama, Gabriel Sterne, Marc Stocker, Mark Weth, Karl Whelan and Alpo Willman (2005-01)
    ECB Ocassional Paper Series - n. 29
    JEL codes: E21
  • “Un modelo empírico de las decisiones de gasto de las familias españolas”
    Teresa Sastre and José L. Fernández (2005-01)
    Banco de España Working Papers - #0529
    JEL codes: E21
  • “Mergers and acquisitions in the banking industry: the case of Spain”
    Ignacio Fuentes and Teresa Sastre (1999-01)
    Banco de España Working Paper - #9924
  • “The role of the banking system in the monetary transmission mechanism”
    Teresa Sastre (1998-01)
    Monetary policy and inflation in Spain - ch. 13, Servicio de Estudios del Banco de España
    JEL codes: E43, G21

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