Spain - Central Bank Research Hub

Title Author(s)

The effect of electoral systems on voter turnout: evidence from a natural experiment

Bank of Spain Working Papers [View] (Paper: 1623, 10.11.2016)

JEL: D72

When fiscal consolidation meets private deleveraging

Bank of Spain Working Papers [View] (Paper: 1622, 11.10.2016)

JEL: E44, E62

The determinants of long-term debt issuance by European banks: evidence of two crises

Bank of Spain Working Papers [View] (Paper: 1621, 06.10.2016)

JEL: E44, E58, F3, G21, G32

Spanish public finances through the financial crisis

Bank of Spain Working Papers [View] (Paper: 1620, 05.10.2016)

JEL: E60, H12, H50, H60

A spectral EM algorithm for dynamic factor models

Bank of Spain Working Papers [View] (Paper: 1619, 30.09.2016)

JEL: C32, C38, C51

Fiscal multipliers across the credit cycle

Bank of Spain Working Papers [View] (Paper: 1618, 08.09.2016)

JEL: E20, E44, E62, G10

Credit contractions and unemployment

Bank of Spain Working Papers [View] (Paper: 1617, 12.08.2016)

JEL: E24, E44

Do banks extract informational rents through collateral?

Bank of Spain Working Papers [View] (Paper: 1616, 10.08.2016)

JEL: G21, L11

The drivers of European banks US dollar debt issuance: opportunistic funding in times of crisis?

Bank of Spain Working Papers [View] (Paper: 1611, 07.07.2016)

JEL: F3, G01, G21, G32, O52

Structural transformation, services deepening, and the transmission of monetary policy

Bank of Spain Working Papers [View] (Paper: 1615, 01.07.2016)

JEL: E31, E43, E52, O41

Breaking down world trade elasticities: a panel ECM approach

Bank of Spain Working Papers [View] (Paper: 1614, 01.07.2016)

JEL: C23, F14, F40

Growing by learning: firm-level evidence on the size-productivity nexus

Bank of Spain Working Papers [View] (Paper: 1613, 01.07.2016)

JEL: D24, L11, L25

Modelling interest payments for macroeconomic assessment

Bank of Spain Working Papers [View] (Paper: 1612, 30.06.2016)

JEL: E43, E44, E47, E63

Growing like Spain: 1995-2007

Bank of Spain Working Papers [View] (Paper: 1609, 11.05.2016)

JEL: D24, O11, O47

Measuring market liquidity in US fixed income markets: a new synthetic indicator

Bank of Spain Working Papers [View] (Paper: 1608, 20.04.2016)

JEL: C43, G10, G15

Do the rich (really) consume higher quality goods? Evidence from international trade data

Bank of Spain Working Papers [View] (Paper: 1607, 08.04.2016)

JEL: F12, F14, L15

The effects of US unconventional monetary policies in Latin America

Bank of Spain Working Papers [View] (Paper: 1606, 22.03.2016)

JEL: E52, F32, G11

Does slack influence public and private labour market interactions?

Bank of Spain Working Papers [View] (Paper: 1605, 18.03.2016)

JEL: C3, C82, E62, E65, H6

How firms borrow in international bond markets: securities regulation and market segmentation

Bank of Spain Working Papers [View] (Paper: 1603, 01.02.2016)

JEL: G15, G18, G32

Multivariate moments expansion density: application of the dynamic equicorrelation mode

Bank of Spain Working Papers [View] (Paper: 1602, 29.01.2016)

JEL: G10

The countercyclical capital buffer in Spain: an analysis of key guiding indicators

Bank of Spain Working Papers [View] (Paper: 1601, 26.01.2016)

JEL: E58, G01, G21, G28, G32

Education, labour market experience and cognitive skills: evidence from PIAAC

Bank of Spain Working Papers [View] (Paper: 1635, 18.01.2016)

JEL: E51, F30, G21

The variation of export prices across and within firms

Bank of Spain Working Papers [View] (Paper: 1634, 17.01.2016)

JEL: F1, F10, F23

Portfolio rebalancing and asset pricing with heterogeneous inattention

Bank of Spain Working Papers [View] (Paper: 1633, 16.01.2016)

JEL: G11, G12

Policy spillovers and synergies in a monetary union

Bank of Spain Working Papers [View] (Paper: 1540, 11.01.2016)

JEL: E44, E52, E62, E65, G21

Understanding the public sector pay gap

Bank of Spain Working Papers [View] (Paper: 1539, 08.01.2016)

JEL: H50, J31, J45

Prudential filters, portfolio composition and capital ratios in European banks

Bank of Spain Working Papers [View] (Paper: 1538, 08.01.2016)

JEL: G21, M41

The influence of risk-taking on bank efficiency: evidence from Colombia

Bank of Spain Working Papers [View] (Paper: 1537, 07.12.2015)

JEL: C11, C23, C51, D24, G21, G32

Heterogeneity of markups at the firm level and changes during the Great Recession: the case of Spain

Bank of Spain Working Papers [View] (Paper: 1536, 04.12.2015)

JEL: C23, D24, E31, L11, L16

Measuring expectations from household surveys: new results on subjective probabilities of future house prices

Bank of Spain Working Papers [View] (Paper: 1535, 27.11.2015)

JEL: C81, D12, D14, D84, R21

The unbearable divergence of unemployment in Europe

Bank of Spain Working Papers [View] (Paper: 1534, 25.11.2015)

JEL: E60, E65, J68

Controlling a distribution of heterogeneous agents

Bank of Spain Working Papers [View] (Paper: 1533, 20.11.2015)

JEL: C6, D3, D5, E2

Disagreement about inflation and the yield curve

Bank of Spain Working Papers [View] (Paper: 1532, 20.11.2015)

JEL: D51, E43, E52, G12

Institutional drivers of capital flows

Bank of Spain Working Papers [View] (Paper: 1531, 17.11.2015)

JEL: F21, F32, F33

The impact of the euro on euro area GDP per capita

Bank of Spain Working Papers [View] (Paper: 1530, 13.11.2015)

JEL: C33, E42, F15, O52

Worker flows in the European Union during the Great Recession

Bank of Spain Working Papers [View] (Paper: 1529, 28.10.2015)

JEL: C25, E24, J6

Demographic structure and macroeconomic trends

Bank of Spain Working Papers [View] (Paper: 1528, 07.10.2015)

JEL: E32, J11

Securitization and asset prices

Bank of Spain Working Papers [View] (Paper: 1526, 24.09.2015)

JEL: E44, G12, G2

Fast ML estimation of dynamic bifactor models: an application to European inflation

Bank of Spain Working Papers [View] (Paper: 1525, 22.09.2015)

JEL: C32, C38, E37

What drives bank-intermediated trade finance? Evidence from cross-country analysis

Bank of Spain Working Papers [View] (Paper: 1524, 18.09.2015)

JEL: F14, F19

Country shocks, monetary policy expectations and ECB decisions. A dynamic non-linear approach

Bank of Spain Working Papers [View] (Paper: 1523, 15.09.2015)

JEL: C22, E27, E32

Changes in funding patterns by Latin American banking systems: how large? how risky?

Bank of Spain Working Papers [View] (Paper: 1521, 24.07.2015)

JEL: F36, G15, G21

Higher-order risk preferences, constant relative risk aversion and the optimal portfolio allocation

Bank of Spain Working Papers [View] (Paper: 1520, 20.07.2015)

JEL: D81, G11

The safety and soundness effects of bank M&A in the EU: does prudential regulation have any impact?

Bank of Spain Working Papers [View] (Paper: 1519, 16.07.2015)

JEL: G24, L14, L29, O16, O3

Monetary policy and sovereign debt vulnerability

Bank of Spain Working Papers [View] (Paper: 1517, 24.06.2015)

JEL: E5, E62, F34

Quantitative effects of the shale oil revolution

Bank of Spain Working Papers [View] (Paper: 1518, 24.06.2015)

JEL: E17, Q41

On the predictability of narrative fiscal adjustments

Bank of Spain Working Papers [View] (Paper: 1516, 22.06.2015)

JEL: E62, H60

Fiscal consolidation after the Great Recession: the role of composition

Bank of Spain Working Papers [View] (Paper: 1515, 19.06.2015)

JEL: E12, E62, E63, H12

Default near-the-default-point: the value of and the distance to default

Bank of Spain Working Papers [View] (Paper: 1514, 12.06.2015)

JEL: G13, G21, G28, G33

Networks and the dynamics of firms export portfolio

Bank of Spain Working Papers [View] (Paper: 1513, 02.06.2015)

JEL: F1