Spain - Central Bank Research Hub

Title Author(s)

Clustering regional business cycles

Bank of Spain Working Papers [View] (Paper: 1744, 13.12.2017)

JEL: C22, C32, E32, R11

Making room for the needy: the credit-reallocation effects of the ECB's corporate QE

Bank of Spain Working Papers [View] (Paper: 1743, 11.12.2017)

JEL: E44, E52, E58, G12, G15, G2

Norms in bargaining: evidence from government formation in Spain

Bank of Spain Working Papers [View] (Paper: 1741, 29.11.2017)

JEL: C7, D7, D9

Currency unions and heterogeneous trade effects:the case of the latin monetary union

Bank of Spain Working Papers [View] (Paper: 1739, 21.11.2017)

JEL: F45, N73

Subsidising mature age employment or throwing coinsInto a wishing well: a quasi-experimental analysis

Bank of Spain Working Papers [View] (Paper: 1740, 21.11.2017)

JEL: H21, H31, J23, J32

Changing business models in international bank funding

Bank of Spain Working Papers [View] (Paper: 1736, 31.10.2017)

JEL: C32, F65, G21

International migration pressures in the long run

Bank of Spain Working Papers [View] (Paper: 1734, 31.10.2017)

JEL: F22, J61

An anatomy of the spanish current account adjustment: the role of permanent and transitory factors

Bank of Spain Working Papers [View] (Paper: 1737, 31.10.2017)

JEL: F21, F32, F41

Firm heterogeneity and aggregate business services exports: micro evidence from Belgium, France, Germany and Spain

Bank of Spain Working Papers [View] (Paper: 1735, 31.10.2017)

JEL: F14

Cross-border banking on the two sides of the atlantic: does it have an impact on bank crisis management?

Bank of Spain Working Papers [View] (Paper: 1738, 31.10.2017)

JEL: G21, G28, G34

External stress early warning indicators

Bank of Spain Working Papers [View] (Paper: 1733, 01.10.2017)

JEL: E44, F32, F34, G15, H63

Leverage and deepening business cycle skewness

Bank of Spain Working Papers [View] (Paper: 1732, 27.09.2017)

JEL: E32, E44

Is fiscal policy more effective in uncertain times or during recessions?

Bank of Spain Working Papers [View] (Paper: 1730, 23.08.2017)

JEL: C32, E32, E62

Costly decisions and sequential bargaining

Bank of Spain Working Papers [View] (Paper: 1729, 23.08.2017)

JEL: C72, C78, D81

Monetary policy, stock market and sectoral comovement

Bank of Spain Working Papers [View] (Paper: 1731, 18.08.2017)

JEL: C32, E44, G12

The propagation of industrial business cycles

Bank of Spain Working Papers [View] (Paper: 1728, 09.08.2017)

JEL: C22, E27, E32

Measuring business cycles intra-synchronization in US: a regime-switching interdependence framework

Bank of Spain Working Papers [View] (Paper: 1726, 28.07.2017)

JEL: C32, C45, E32

Model averaging in Markov-Switching models: predicting national recessions with regional data

Bank of Spain Working Papers [View] (Paper: 1727, 28.07.2017)

JEL: C53, E32, E37

The impact of taxes on income mobility

Bank of Spain Working Papers [View] (Paper: 1725, 28.07.2017)

JEL: D31, D63, E24, E62, H24, H31

Pricing decisions under financial frictions: evidence from the WDN survey

Bank of Spain Working Papers [View] (Paper: 1724, 12.07.2017)

JEL: C25, D22, L11

Dealing with dealers: sovereign CDS comovements

Bank of Spain Working Papers [View] (Paper: 1723, 07.07.2017)

JEL: G12, G14

The Eurozone (expected) inflation: an option's eyes view

Bank of Spain Working Papers [View] (Paper: 1722, 06.06.2017)

JEL: E31, E44, G13

The output effects of tax changes: narrative evidence from Spain

Bank of Spain Working Papers [View] (Paper: 1721, 26.05.2017)

JEL: E32, E62, H20

A menu on output gap estimation methods

Bank of Spain Working Papers [View] (Paper: 1720, 25.05.2017)

JEL: E32, O4

On domestic demand and export performance in the euro area countries: does export concentration matter?

Bank of Spain Working Papers [View] (Paper: 1719, 16.05.2017)

JEL: C22, E03, F10

High growth firms in employment and productivity: dynamic interactions and the role of financial constraints

Bank of Spain Working Papers [View] (Paper: 1718, 12.05.2017)

JEL: C23, D24, L11, L25

Keeping it personal or getting real? On the drivers and effectiveness of personal versus real loan guarantees

Bank of Spain Working Papers [View] (Paper: 1715, 05.05.2017)

JEL: D43, E32, G21, G32

Exchange rate regime and external adjustment: an empirical investigation for the U.S.

Bank of Spain Working Papers [View] (Paper: 1717, 05.05.2017)

JEL: F31, F33

Immigration and the macroeconomy: some new empirical evidence

Bank of Spain Working Papers [View] (Paper: 1716, 27.04.2017)

JEL: C11, C32, E32

The impact of firrms financial position on fixed investment and employment. An analysis for Spain

Bank of Spain Working Papers [View] (Paper: 1714, 11.04.2017)

JEL: C33, E22, E24, E44, G32, J23

Has the Fed responded to house and stock prices? A time-varying analysis

Bank of Spain Working Papers [View] (Paper: 1713, 06.04.2017)

JEL: C32, E44, E52, E58

Fiscal delegation in a monetary union: instrument assignment and stabilization properties

Bank of Spain Working Papers [View] (Paper: 1710, 28.03.2017)

JEL: E61, E62, F41, H63

TFP growth and commodity prices in emerging economies

Bank of Spain Working Papers [View] (Paper: 1711, 24.03.2017)

JEL: C11, C23, O47, Q02

Top-down vs. bottom-up? Reconciling the effects of tax and transfer shocks on output

Bank of Spain Working Papers [View] (Paper: 1712, 23.03.2017)

JEL: E62, H20, H30

Direct democracy and government size: evidence from Spain

Bank of Spain Working Papers [View] (Paper: 1709, 15.03.2017)

JEL: D7

Dissecting US recoveries

Bank of Spain Working Papers [View] (Paper: 1708, 09.03.2017)

JEL: C22, E32

Service regulations, input prices and export volumes: evidence from a panel of manufacturing firms

Bank of Spain Working Papers [View] (Paper: 1707, 02.03.2017)

JEL: F14, L11, L43

The crucial role of social welfare criteria for optimal inheritance taxation

Bank of Spain Working Papers [View] (Paper: 1706, 21.02.2017)

JEL: H21, H23, H24

The evolution of regional economic interlinkages in Europe

Bank of Spain Working Papers [View] (Paper: 1705, 14.02.2017)

JEL: C31, C32, E32, R11

Creating associations as a substitute for direct bank credit. Evidence from Belgium

Bank of Spain Working Papers [View] (Paper: 1704, 26.01.2017)

JEL: G21, G30

Dynamic panel data modelling using maximum likelihood: an alternative to Arellano-Bond

Bank of Spain Working Papers [View] (Paper: 1703, 25.01.2017)

JEL: C23

Business Cycle Estimation with High-pass and Band-pass Local Polynomial Regression

Bank of Spain Working Papers [View] (Paper: 1702, 24.01.2017)

JEL: C13

Implicit public debt thresholds: an empirical exercise for the case of Spain

Bank of Spain Working Papers [View] (Paper: 1701, 20.01.2017)

JEL: E61, E62, H63, H68

On the determinants of fiscal non-compliance: an empirical analysis of Spains regions

Bank of Spain Working Papers [View] (Paper: 1632, 28.12.2016)

JEL: H61, H68, H72, H77

Uncovering the heterogeneous effects of ECB unconventional monetary policies across euro area countries

Bank of Spain Working Papers [View] (Paper: 1631, 16.12.2016)

JEL: C32, E52, E58

Credit, crisis and contract enforcement: evidence from the Spanish loan market

Bank of Spain Working Papers [View] (Paper: 1630, 15.12.2016)

JEL: E51, G2, K41

The aggregate effects of government income transfer shocks - EU evidence

Bank of Spain Working Papers [View] (Paper: 1629, 14.12.2016)

JEL: E2, E62, H55, I38

The dynamic effect of public expenditure shocks in the United States

Bank of Spain Working Papers [View] (Paper: 1628, 09.12.2016)

JEL: E2, E62, H55, H56, I38

The evolution of inflation expectations in euro area markets

Bank of Spain Working Papers [View] (Paper: 1627, 30.11.2016)

JEL: C32, E31, G13

Oil price and economic growth: a long story?

Bank of Spain Working Papers [View] (Paper: 1625, 10.11.2016)

JEL: C22, C32, E32, Q43