Research staff (by department)

The following administrative units at the Banco de España contribute to its research functions:

  • Directorate General – Economics, Statistics and Research (DG de Economía y Estadística)

    • Macrofinancial Analysis and Monetary Policy Department (Dpto. de Análisis Macrofinanciero y Política Monetaria)
      The Macro-financial Analysis and Monetary Policy Department carries out the tasks necessary to support the Banco de España’s position on the conduct of monetary policy in the euro area and to monitor and analyse the main developments in the capital and banking markets.
    • Economic Developments Department (Dpto. de Análisis de la Situación Económica)
      The Economic Developments Department focuses on analysing, monitoring and forecasting the situation of the Spanish economy as a whole, in the short and long run, having regard to the behaviour of the various economic sectors and agents, including the government.
    • Structural Analysis and Microeconomic Studies Department (Dpto. de Análisis Estructural y Estudios Microeconómicos)
      The Structural Analysis and Microeconomic Studies Department is responsible for monitoring and analysing structural policies in the Spanish economy, conducting research on the behaviour and outcomes of households and firms, assessing public policies, and developing and maintaining infrastructures for empirical analysis.
    • International Economics and Euro Area Department (Dpto. de Economía Internacional y del Área del Euro)
      The main functions of the International Economics and Euro Area Department are the macroeconomic monitoring and analysis of the euro area economy and its main constituent national economies, and the world economy, both from a global standpoint and in relation to the main advanced and emerging economies.
    • International and European Relations Department (Departamento de Relaciones Internacionales y Europeas)
      The main tasks of the International and European Relations Department are to coordinate, organise and advise senior management of the Bank in the international and European fora within its remit (Governing Council of the European Central Bank and relations with the International Monetary Fund, among others), to organise the Banco de España’s international cooperation work and to manage and disseminate the external information it publishes.
    • Statistics Department (Dpto. de Estadística)
      Data compiled and published by the Dept. of Statistics includes financial and balance-of-payments accounts for the Spanish economy, and balance sheet data on Spanish non-financial firms.
  • Directorate General - Financial Stability, Regulation and Resolution (DG de Estabilidad Financiera, Regulación y Resolución)

    • Financial Stability and Macroprudential Policy Department (Dpto. de Estabilidad Financiera y Política Macroprudencial)
      The Department of Financial Stability and Macroprudential Policy has recently focused on several main research lines: impact of macroprudential measures (i.e. dynamic provisions and capital buffers) on the lending cycle; interaction between monetary policy and macroprudential policy; analysis of public sector lending programs; development of a methodology to monitor systemic risk in order to obtain guidance regarding activation or not of macroprudential tools.

Research Staff

List of research staff at the Banco de España, sorted by department.