Research Staff(alphabetical)
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Miguel García-Posada Gómez
Senior Economist
Financial Analysis Division
Macro-financial Analysis and Monetary Policy Department
DG Economics, Statistics and Research
Contact Information
- Address: Calle Alcalá 48, 28014 Madrid, España
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Contact form
Fields of Interest
- Institutions, Law and Economics
- Corporate finance, empirical banking, monetary policy
- Applied Econometrics
JEL Codes
- K0, G0, C01
Curriculum Vitae
(572 KB)
Selected Publications and Working Papers
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“A new estimation of default probabilities based on non-performing loans”
Roberto Blanco, Elena Fernández, Miguel García-Posada y Sergio Mayordomo (2024)
Finance Research Letters, Volume 62, Part B, April 2024
JEL codes: G30, G33, G21
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“Bank lending policies and monetary policy: Some lessons from the negative interest era”
Oscar Arce, Miguel García-Posada, Sergio Mayordomo y Steven Ongena (2023)
Economic Policy, Volume 38, Issue 116, October 2023, pp. 899–941
JEL codes: G21, E52, E58
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“Distressed firms, zombie firms and zombie lending: a taxonomy”
Laura Alvarez, Miguel García-Posada and Sergio Mayordomo (2023)
Journal of Banking & Finance, Volume 149, April 2023
JEL codes: G21, G32, G33, L25
- Supplementary files: Banco de España Working Papers - #2219
- Supplementary files: Banco de España Working Papers - #2219
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“Insolvency institutions, pledgeable assets and efficiency”
Miguel García-Posada (2021-6)
The Journal of Legal Studies, Volume 50, Number 2, June 2021
JEL codes: D6, G21, G33, K0
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“Are house prices overvalued in Spain? A regional approach”
Laura Álvarez and Miguel García-Posada (2021-6)
Economic Modelling, Volume 99, June 2021
JEL codes: R30, R31, R32
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“The impact of the ECB's Targeted Long-Term Refinancing Operations on banks' lending policies: the role of competition”
Desislava C. Andreeva and Miguel García-Posada (2020)
Journal of Banking & Finance, Volume 122, January
JEL codes: G21, E52, E58
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“Bankruptcy reforms in the midst of the Great Recession: the Spanish experience”
Miguel García-Posada and Raquel Vegas (09-2018)
International Review of Law & Economics 55, pp. 71-95
JEL codes: G33, C41, K22
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“Credit constraints, firm investment and employment: evidence from survey data”
Miguel García-Posada (2019)
Journal of Banking & Finance, Volume 99, February, pp. 121-141.
JEL codes: G30, G31, G32
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“The bank lending channel of unconventional monetary policy: the impact of the VLTROs on credit supply in Spain”
Miguel García-Posada and Marcos Marchetti (2016-5)
Economic Modelling, Volume 58, November, pp. 427-441.
JEL codes: E52, E58, G21
- Supplementary files: Banco de España Working Papers - #1512
- Supplementary files: Banco de España Working Papers - #1512
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“Does (average) size matter? Court enforcement, business demography and firm growth”
Miguel García-Posada and Juan S. Mora-Sanguinetti (2015-3)
Small Business Economics 44 (3), pp. 639-669
JEL codes: K41, K12, L11, L25, R12