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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

  • The Financial Transmission of Housing Booms: Evidence from Spain

    American Economic Review, 111(3), March 2021, p. 1013-1053.
    Alberto Martin (CREI and Barcelona GSE)
    Enrique Moral-BenitoAbre en nueva ventana (Banco de España)
    Tom Schmitz (Bocconi University and IGIER)

  • Firm dynamics and pricing under customer capital accumulation

    Journal of Monetary Economics, 118, March 2021, p. 99-119.
    Pau Roldan-BlancoAbre en nueva ventana (Banco de España)
    Sonia Gilbukh (CUNY Baruch College)

  • On the direct and indirect real effects of credit supply shocks

    Journal of Financial Economics, 139(3), March 2021, p. 895-921.
    Laura Alfaro (Harvard Business School)
    Manuel García-Santana (UPF)
    Enrique Moral-BenitoAbre en nueva ventana (Banco de España)

  • Making room for the needy: the credit-reallocation effects of the ECB’s Corporate QE

    Review of Finance, 25(1), February 2021, p. 43-84.
    Óscar ArceAbre en nueva ventana (Banco de España)
    Sergio MayordomoAbre en nueva ventana (Banco de España)
    Ricardo GimenoAbre en nueva ventana (Banco de España)