Enrique Alberola-Ila
Adviser
MED Management
Enrique Alberola-Ila is Adviser, Monetary and Economic Department. Previously, he has been the Chief Representative of the BIS Americas Office for five years (2014-19). Prior to that he was at the Bank of Spain. In 2001 he became the first Head of the Latin American Economies Unit. In 2009 he was promoted to Deputy Director of the DG International Affairs. Mr Alberola holds a degree in economics from the University of Valencia (1990) and an MA and a PhD from the European University Institute (1995).
Fields of interest
- International finance
- Exchange rates and reserves
- Fiscal policy
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" Does informality facilitate inflation stability?" (with C Urrutia), Journal of Development Economics, September 2020.
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"Global imbalances from a stock perspective: the asymmetry between creditors and debtors" (with A Estrada and F Viani), Journal of International Money and Finance, May 2020.
- " Revisiting the commodity curse: a financial perspective" (with G Benigno), Journal of International Economics, vol 108, no 1, May 2017, pp 87-106. Also published as BIS Working Papers, no 609.
- " Output gaps and stabilisation policies in Latin America: the effect of commodity and capital flow cycles" (with R Gondo, M Lombardi and D Urbina), Ensayos sobre Política Económica, April 2017.
- " International reserves and gross capital flow dynamics" (with A Erce and J M Serena), Journal of International Money and Finance, vol 60, pp 151-71, February 2016. Also published as BIS Working Papers, no 512.
- " Growth and imbalances in Spain: a reassessment of the output gap" (With A Estrada and D Santabárbara), SERIEs, vol 5, 2014, pp 333-56, August.
- " Boom-bust cycles, imbalances and discipline in Europe" (with L Molina and P del Río), Banco de Espana Working Papers, no 1220, June 2012. Also published in Moneda y crédito, no 204.
- " International reserves and gross capital flows. Dynamics during financial stress" (with A Erce and J M Serena), Banco de Espana Working Papers, no 1220, February 2012.
- " Central banks and macroprudential policy: some reflections from the Spanish experience" (with C Trucharte and J L Vega), Banco de España Occasional Papers, no 1105, August 2011. Also published in J Braude, Z Eckstein, S Fischer and K Flug (eds), The Great Recession: lessons for central bankers, MIT Press, 2012, Chapter 4.
- " Output gaps and stabilisation policies in Latin America: The effect of commodity and capital flow cycles" (with R Gondo and M Lombardi), Ensayos sobre Política Económica, vol 35, no 82, April 2017, pp 40-52. Also published as BIS Working Papers, no 568.
- " Reserves, sovereign wealth funds and the resilience of global imbalances" (with J M Serena), Banco de Espana Working Papers, no 0834, December 2008. Also published in Economic notes, vol 37.