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Welcome to the Economic Research Portal at the Banco de España

Economic analysis and research are important tasks of the Banco de España, which support its role as Spain’s central bank and as a member of the Eurosystem. The Banco de España has made public their Analysis and Research PrioritiesAbre en nueva ventana for the period 2020-2024.

The Economic Research Portal is directed towards the community of economic and financial researchers worldwide, to provide quick access to publications, statistics, and other information of interest relating to the research output of the Banco de España. For more comprehensive access to all analytical and research output of the Banco de España, please see the main Economic Analysis and ResearchAbre en nueva ventana page.

Publication Updates

  • Can subsidized employment tackle long-term unemployment? Experimental evidence from North Macedonia

    Journal of Development EconomicsAbre en nueva ventana, v. 178, January 2026, 103598

    Alex Armand (Nova SBE)
    Pedro Carneiro (University College London)
    Federico TagliatiAbre en nueva ventana (Banco de España)
    Yiming Xia (Southwestern University of Finance and Economics)

  • Banks' market capital and the international risk taking channel of US monetary policy

    Journal of International EconomicsAbre en nueva ventana, v. 157, September 2025, 104099

    Stefan Avdjiev (Bank for International Settlements)
    José María SerenaAbre en nueva ventana (Banco de España)

  • Forced migration and food crises

    Journal of Population EconomicsAbre en nueva ventana, v.38, issue 4, 2025, 69

    Federico Carril-Caccia (Universidad de Granada)
    Jordi Paniagua (Universidad de Valencia)
    Marta Suarez-VarelaAbre en nueva ventana (Banco de España)

  • Revisiting productivity dynamics in Europe : a new measure of utilization-adjusted TFP growth

    Journal of the European Economic AssociationAbre en nueva ventana, v. 23, Issue 4, August 2025, pp. 1598–1633

    Diego Comin (Dartmouth College)
    Javier QuintanaAbre en nueva ventana (Banco de España)
    Tom Schmitz (Queen Mary University of London)
    Antonella Trigari (Bocconi University)