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News and highlights

Events affected by Covid19

Due to the extraordinary circumstances caused by Covid19 several conferences organized by Banco de España are being cancelled or postponed. This includes the Malaga Finance Workshop initially scheduled for June 4-5 and the workshop on labor economics initially scheduled for June 7-8.

JEEA outstanding article award

The EEA has awarded the Hicks-Tinbergen medal 2020 to Jose Asturias, Manuel García-Santana and Roberto Ramos for their paper "Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral of India" (JEEA, 17(6)).

Outstanding referee award

Omar Rachedi has been awarded the 2019 referee prize of the Economic Journal, which recognizes the contribution of exceptional referees with an annual award.

Data Laboratory

The Banco de España has launched a data laboratory (BELab) to provide access to the research community to high-quality microdata compiled by the institution. BELab will be making microdata on non-financial corporations reporting to the Central Balance Sheet Data Office available to researchers. The dissemination of these data is part of the agreement entered into on 11 July this year between the Banco de España and the Spanish Mercantile and Property Registrars’ Association, which authorises the controlled or confidential use of this information. Like other laboratories of Eurosystem institutions, BELab is a member of the INEXDA1 network and applies protocols for secure access to sensitive data. Initially, data use will obligatorily be on the premises of the Banco de España (at calle Alcalá, 522), where a safe environment (an on-site laboratory or data room) is located. More information can be found hereAbre en nueva ventana.

Outstanding referee award

Omar Rachedi has been awarded the 2019 referee prize of the Economic Journal, which recognizes the contribution of exceptional referees with an annual award.

Workshop: “Housing affordability: Policies in the rental market”

On November 20, the Banco de España hosted a workshop on “Housing affordability: Policies in the rental market”. The aim of this workshop is to analyze the characteristics and effects of some recent political experiences that have been carried out in various European rental markets. To this end, we have gathered four papers regarding various policies that are currently on the table: rent control, restrictions on holiday apartments, imposition of empty housing and social rental housing. Conference websiteAbre en nueva ventana

Job openings for PhD economists

The Banco de España is hiring in the job market. The Bank is interested in individuals with strong modeling and empirical skills to conduct high-quality policy-oriented research, to produce reports for the Bank's senior managament and to write for the Bank's publications. The application deadline is 15 November 2019. Job detailsAbre en nueva ventana

24th Meeting of the Central Bank Researchers Network CEMLA

On October 30 and 31, the Banco de España hosted the 24th Meeting of the Central Bank Researchers Network CEMLA. Dimitrios TsomocosAbre en nueva ventana gave the keynote speech. Program Enlace PDF: Abre en nueva ventana (263 KB)

6th World Bank-Banco de España International Policy Conference

On October 28, the Banco de España hosted the sixth joint policy conference with The World Bank, entitled: "Economic Policies in a Changing World”. The goal of this conference is to foster the discussion between academics and policy makers on the challenges of a changing world environment and its effects on emerging market economies and their economic policies. The conference includeed a keynote address by Jaume Ventura and two round tables: an academic panel with Ricardo ReisAbre en nueva ventana, Daniel GrosAbre en nueva ventanaJoana SilvaAbre en nueva ventana and Jaume VenturaAbre en nueva ventana; and a policy panel with Manuel Caldeira Cabral, Alicia García Herrero, Enrique Alberola and Luis Óscar Moren. Conference websiteAbre en nueva ventana

7th Joint BdE-CEMFI Research Workshop

On October 22, 2019, the Banco de España hosted the 7th Joint Research Workshop with CEMFI in which researchers from both institutions will discussed their recent work. This meeting continued the series of regular workshops meant to forge stronger links between the Banco de España and the wider Madrid research community. Program Enlace PDF: Abre en nueva ventana (249 KB)

Young Economists Best Paper Award of the 7th Workshop in Macro Banking and Finance

The paper “Macroeconomics, Firm Dynamics and IPOs” by Beatriz González received the Young Economist Best Paper Award of the 7th Workshop in Macro Banking and Finance held at Collegio Carlo Alberto (Turin, Italy) on the 3rd and 4th of October 2019.

3rd Annual Workshop of the ESCB Research Cluster 3

On 10-11 October, the Banco de España hosted the Third Annual Workshop of the ESCB Research Cluster 3 on “Financial Stability, Macroprudential Regulation and Microprudential Supervision”, jointly organized with the Bank of Greece. This is one of the three Research Clusters set up by the Heads of Research of the European System of Central Banks (ESCB), with the aim of fostering interaction and collaboration between ESCB researchers working on fields of common interest. Conference websiteAbre en nueva ventana

Data Laboratory

The Banco de España has launched a data laboratory (BELab) to provide access to the research community to high-quality microdata compiled by the institution. BELab will be making microdata on non-financial corporations reporting to the Central Balance Sheet Data Office available to researchers. The dissemination of these data is part of the agreement entered into on 11 July this year between the Banco de España and the Spanish Mercantile and Property Registrars’ Association, which authorises the controlled or confidential use of this information. Like other laboratories of Eurosystem institutions, BELab is a member of the INEXDA1 network and applies protocols for secure access to sensitive data. Initially, data use will obligatorily be on the premises of the Banco de España (at calle Alcalá, 522), where a safe environment (an on-site laboratory or data room) is located. More information can be found hereAbre en nueva ventana.

Third Banco de España Annual Research Conference

On 16-17 September 2019, the Banco de España hosted its Third Annual Research Conference at its Madrid headquarters. This year the theme of the conference was “The EMU at 20: current status and the way forward”. Leading scholars such as Giancarlo CorsettiAbre en nueva ventana, Emmanuel FarhiAbre en nueva ventana, Jordi GalíAbre en nueva ventanaLuc LaevenAbre en nueva ventanaRamón MarimonAbre en nueva ventanaAshoka ModyAbre en nueva ventana, Athanasios OrphanidesAbre en nueva ventana, Thomas PhilipponAbre en nueva ventana, Rafael RepulloAbre en nueva ventanaTano SantosAbre en nueva ventana, Carmen ReinhartAbre en nueva ventana, Hélène ReyAbre en nueva ventana, and Ivan WerningAbre en nueva ventana, among others, participated. Program Enlace PDF: Abre en nueva ventana (79 KB)

New Occasional Visiting Scholar Program

The ADG Economics and Research has launched an Occasional Visiting Program aimed at keeping a high standard of achievement in the research output of the Banco de España. The program brings distinguished scholars to a few one-week stays in order to give advice on specific projects of the research staff. This year the Banco de España will host the following scholars:

Pol AntràsAbre en nueva ventana (Harvard University).

Jesús Fernández-VillaverdeAbre en nueva ventana (University of Pennsylvania).

Miles KimballAbre en nueva ventana (University of Michigan).

Tano SantosAbre en nueva ventana (Columbia University).

Announcement: Research Fellowships 2017-2018

In keeping with its support for economic research in Spain, the Banco de España invites proposals from expert scholars to undertake research projects at its headquarters in Madrid. Proposals in response to the current announcement should follow the application guidelinesAbre en nueva ventana, and should be received no later than 14.00 (CET) on 7 March 2017.