Publication Updates
Moral hazard versus liquidity and the optimal timing of unemployment benefits
The Economic Journal, Volume 132, Issue 648, November 2022, pp. 2674–2701.
Rodolfo G. Campos
(Banco de España)
J. Ignacio García-Pérez (UPO)
Iliana Reggio (UAM)
Monetary policy and liquidity constraints: evidence from the euro area
American Economic Journal: Macroeconomics, Volume 4, Issue 4, October 2022, pp. 309-340.
Mattias Almgren (IIES)
José-Elías Gallegos (Banco de España)
John Kramer (Copenhagen)
Ricardo Lima (IIES)
Is fiscal policy more effective during recessions?
International Economic Review, Volume 63, Issue 3, August 2022, pp. 1271-1292.
Mario Alloza (Banco de España)
Child Labor under Cash and In-kind Transfers
The World Bank Economic Review, Volume 36, Issue 3, pp 709-733, August 2022
Federico Tagliati (Banco de España)
Wage determination and the bite of collective contracts in Italy and Spain
Labour Economics, Volume 76, June 2022
Effrosyni Adamopoulou (Mannheim)
Ernesto Villanueva (Banco de España)
Exchange rate shocks and inflation comovement in the euro area
International Journal of Central Banking, Volume 18, Issue 1, pp 239-275, March 2022
Jaime Martínez Martín (Banco de España)
Danilo Leiva-León (Banco de España)
Eva Ortega (Banco de España)
Fluctuations in global output volatility
Journal of International Money and Finance, Volume 120, February 2022, Art 102533
Danilo Leiva-León (Banco de España)
Lorenzo Ductor (Universidad de Granada)
Flattening of the Phillips curve with state-dependent prices and wages
Economic Journal, Volume 132, Issue 642, pp 546–581, February 2022
James Costain (Banco de España)
Anton Nakov (ECB)
Borja Petit (CUNEF)
Mapping exposures of EU banks to the global shadow banking system
Journal of Banking & Finance, Volume 134, January 2022, Art 106168
Jorge Abad (Banco de España), Marco D’Errico (DBF University of Zurich, Switzerland), Neill Killeen (Central Bank of Ireland), Vera Luz (Banco de Portugal), Tuomas Peltonen (European Systemic Risk Board Secretariat), Richard Portes (London Business School and CEPR) and Teresa Urbano (European Banking Authority).
Robust likelihood estimation of dynamic panel data models
Journal of Econometrics, Volume 226, Issue 1, pp 21–61, January 2022
Francisco Javier Álvarez de Pedro
(Banco de España)
Manuel Arellano (CEMFI)
Venting out: exports during a domestic slump
American Economic Review, Volume 111, Issue 11, pp 3611–62, November 2021
Miguel Almunia (CUNEF)
Pol Antràs (Harvard)
David Lopez-Rodriguez (Banco de España)
Eduardo Morales (Princeton)
Welfare effects of an in-kind transfer program: Evidence from Mexico
Journal of Development Economics, Volume 154, January 2022, 102753
Federico Tagliati (Banco de España)
Risk and control in complex banking groups
Journal of Banking and Finance, Volume 134, January 2022
Isabel Argimón (Banco de España)
María Rodríguez-Moreno (Banco de España)
Markups and cost structure: small Spanish firms during the great recession
Journal of Economic Behavior and Organization, 192, December 2021, pp. 137-158.
Pilar Garcia-Perea (Banco de España)
Aitor Lacuesta (Banco de España)
Pau Roldan-Blanco (Banco de España)
Should the ECB adjust its strategy in the face of a lower r★?
Journal of Economic Dynamics and Control Volume 132, Art 104207, November 2021
Philippe Andrade (Federal Reserve Bank of Boston)
Jordi Galí (CREI)
Hervé Le Bihan (Banque de France)
Julien Matheron (Banque de France)
The young, the old, and the government: demographics and fiscal multipliers
American Economic Journal: Macroeconomics, Volume 13, Issue 4, pp 110-141, October 2021
Henrique S. Basso (Banco de España)
Omar Rachedi (ESADE)
Adaptive learning with term structure information
European Economic Review, 134, May 2021, Art 103689.
Pablo Aguilar (Banco de España)
Jesús Vázquez (UPV/EHU)
Faraway, so close! International transmission in the medium-term cycle of advanced economies
Journal of International Economics, 132, September 2021, 103498.
Mónica Correa-López (Banco de España)
Beatriz de Blas (Universidad Autónoma de Madrid)
Advertising, innovation, and economic growth
American Economic Journal: Macroeconomics, 13(3), July 2021, pp. 251-303
Pau Roldán-Blanco (Banco de España)
Laurent Cavenaile (University of Toronto Scarborough)
Jobs Multipliers: Evidence from a Large Fiscal Stimulus in Spain
Scandinavian Journal of Economics, 123(3), July 2021, pp. 751-779
Mario Alloza (Banco de España)
Carlos Sanz (Banco de España)