18 results found with the selected filters
24/10/2024
Better safe than sorry: how prudent lending standards lead to fewer corporate defaults Series: Focus. Research Videoblog
Banks implementing more prudent standards when lending to firms helps reduce corporate vulnerability and default risk, strengthens financial stability and supports economic recovery after crises.
14/10/2024
The 2024 Nobel Prize: institutional quality boosts economic growth Series: Focus. Research Videoblog
The 2024 Nobel Prize in Economics has been awarded to Professors Acemoglu, Johnson and Robinson for their work on how the strength of institutions shapes the relative prosperity of nations. Their message is especially relevant today as institutional quality is declining worldwide.
03/09/2024
Inflation affects us all differently. What determines how each of us feels the squeeze? Series: Focus. Research Videoblog
We all feel the squeeze of inflation, but some feel the pinch more than others. Inflation affects us through different channels that impact our ability to save. Drawing on a rich dataset, we find that in 2021 both the level of labour income and, above all, age explain how inflation affects different Spanish households differently.
29/07/2024
Measuring economic uncertainty. The role of artificial intelligence Series: Focus. Research Videoblog
Uncertainty is part and parcel of our lives. It affects our decisions and economic activity too. That’s why identifying and measuring economic uncertainty is key for economists. The Banco de España has developed various indicators of uncertainty, such as the EPU indexes, that help assess the risks and quantify their possible impact on activity.
20/06/2024
What is the economic impact of climate change and environmental degradation? The case of house prices in the Mar Menor area Series: Focus. Research Videoblog
A combination of extreme weather events and environmental degradation in the Mar Menor has resulted in real estate losses of more than €4 billion in the area. This figure is ten times the amount earned over the last 20 years from converting the surrounding land into irrigated farmland (one of the main drivers of the environmental degradation).
07/03/2024
Why do gender gaps still exist at work? The latest Economics Nobel laureate has the answer Series: Focus. Research Videoblog
The gender gap in the labour market closed considerably during the 19th and 20th centuries. However, this process of convergence, both in labour market participation and wages, has slowed in the last two decades. Claudia Goldin’s research is key to understanding why.
31/01/2024
What does the Banco de España’s bottleneck index tell us about the economic impact of the tensions in the Red Sea? Series: Focus. Research Videoblog
The Red Sea crisis is driving up global shipping costs. However, our bottleneck indicator suggests that, for the time being, the economic impact is limited compared with other previous episodes. In any event, developments must be closely monitored. Our daily bottleneck indicator enables us to track the situation in real time.
11/10/2023
Who (really) foots the tax bill? Series: Focus. Research Videoblog
Taxpayers can sometimes pass at least some of their tax burden on to others. Understanding who really bears the cost is key to improving the Spanish tax system. Encouraging micro data-based research into “tax incidence” would be helpful.
