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Banco de España Research @bde-research.bsky.social · 29/09/2026

How can climate risk be integrated into the analysis of public debt? The new metrics for sovereign issuers represent a significant step forward: they enable comparisons to be made, trends to be tracked and progress towards climate targets to be assessed. www.bde.es/wbe/en/notic...

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Banco de España Research @bde-research.bsky.social · 29/09/2026

How do mergers affect productivity and markups across the economy? Tracking 3,759 Spanish mergers from 1997 to 2022, we find average increases of 2% and 4%. Productivity gains are broad-based across industries; markup increases are concentrated in a few. ➡️ www.bde.es/wbe/en/publi... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 24/09/2026

Why did the dollar weaken while long-term Treasury yields rose after the April 2025 U.S. tariff announcements? We show the episode reflected several distinct macro-financial shocks rather than a single tariff shock, identified using heteroskedasticity. ➡️ www.bde.es/wbe/en/publi... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 14/09/2026

Can we turn geopolitical narratives into economic forecasts? Our Bayesian toolkit links evolving scenario probabilities to oil supply disruptions and Brent price paths, and infers which geopolitical outcomes are embedded in market prices. www.bde.es/wbe/en/publi...

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Banco de España Research @bde-research.bsky.social · 09/09/2026

New research on 98 regions across Spain, Germany, France and Italy finds six distinct convergence clubs with different long-run income paths. Human capital, physical capital and regions’ ability to use them efficiently are key drivers of growth. www.bde.es/wbe/en/publi...

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Banco de España Research @bde-research.bsky.social · 08/09/2026

Two years on, the #DraghiReport is shaping the #EU agenda. But implementation is uneven: progress comes where urgency is shared, not where reforms are necessarily the most transformative, feasible, or least costly. ➡️ www.bde.es/wbe/en/notic... #bdeBlog

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Banco de España Research @bde-research.bsky.social · 08/09/2026

Since the Global Financial Crisis, Spain has combined employment and productivity growth, led by digital activities and professional services, reversing the pre-crisis trend of growth with declining productivity. ➡️ www.bde.es/wbe/en/publi...

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Las fuentes del crecimiento en España y las principales economías europeas: productividad total de los factores y heterogeneidad sectorial.

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Banco de España Research @bde-research.bsky.social · 03/09/2026

How do oil supply news shocks propagate through the economy? This paper develops a flexible framework that lets nonlinear transmission emerge from the data. Main finding: adverse shocks have larger effects on activity and employment than favorable shocks www.bde.es/wbe/en/publi... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 03/09/2026

How do household wealth surveys contribute to policymaking, research, and official statistics? And how can they continue to do so? Discussing more than 20 years of research based on the #EFF, the Spanish Survey of Household Finances launched by Olympia Bover 👉 www.bde.es/wbe/es/notic... #20YearsEFF

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Banco de España Research @bde-research.bsky.social · 02/09/2026

📢 Call for Papers | 7th Conference on Diversity, Equity & Inclusion in Economics, Finance and Central Banking | 22-23 March 2027 Submit your research on diversity, equity and inclusion by 30 October 2026 ➡️ www.bancaditalia.it/media/agenda... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 05/08/2026

Does the average response of inflation to oil supply shocks mask a more fundamental risk to price stability? We show oil supply shocks persistently generate upside risks to inflation in the US, EA & UK. #bdeResearch ➡️ www.bde.es/wbe/en/publi...

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Banco de España Research @bde-research.bsky.social · 27/07/2026

🏘️Interested in household finances? Join the conference “The EFF: More than 20 Years of Research Experience and the Way Forward” on 3–4 September to learn how household wealth surveys contribute to research, official statistics and policymaking. 👉 www.bde.es/eventos/es/e...

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Banco de España Research @bde-research.bsky.social · 22/07/2026

💶 Arte, tecnología, ciencia y psicología se unen para dar forma al dinero que utilizamos cada día. En el próximo episodio de #CIENxCIEN, Beatriz García, Fernando León, y Juan Lupiáñez, nos ayudarán a descubrir cómo se diseñan hoy los billetes. Escúchalo este viernes: www.bde.es/wbe/es/notic...

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Banco de España Research @bde-research.bsky.social · 09/07/2026

How does banks’ interest-rate risk exposure shape monetary policy transmission? This new paper shows that differences between fixed- and variable-rate banking systems can be amplified by banks' solvency risk. ➡️ www.bde.es/wbe/en/publi...

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Banco de España Research @bde-research.bsky.social · 07/07/2026

How does digitalization affect credit markets? This new paper studies the TicketBAI’s eInvoicing reform using loan-level data. Main finding: eInvoicing reshapes both credit allocation and banks’ risk assessments www.bde.es/wbe/en/publi... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 02/07/2026

The Conference on the Spanish Economy brings together economic researchers and policymakers in a dialogue that is as engaging as it is necessary. Housing and institutions are the issues on the table this year 👉 www.bde.es/wbe/en/notic... #bdeBlog

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Banco de España Research @bde-research.bsky.social · 01/07/2026

Can GenAI systems help supervisors review external audit reports? ➡️ www.bde.es/wbe/es/publicaciones/analisis-economico-investigacion/documentos-ocasionales/retriever-or-reasoner-decomposing-retrieval-augmented-generation-performance-in-external-audit-supervision.html #SupTech #AI

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Banco de España Research @bde-research.bsky.social · 30/06/2026

Evidence for Spain (2004–2023): higher markups, stable competition. ➡️ ➡️ www.bde.es/wbe/es/publi... #BdeResearch

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Banco de España Research @bde-research.bsky.social · 26/06/2026

Next research seminar: Benjamin Born will be presenting "The impact of interest: Firms’ investment sensitivity to interest rates” on June 30, 12:00 CET ➡️ www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 26/06/2026

Are you researching household credit or indebtedness? BELab provides access to granular loan-level data on loans to individuals reported to the CIR. The dataset contains information with 19 attributes describing the characteristics of the loans and their borrowers: app.powerbi.com/view?r=eyJrI...

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Banco de España Research @bde-research.bsky.social · 23/06/2026

The Banco de España, CEMFI and Menéndez Pelayo International University organise the Conference on the Spanish Economy in Santander to connect research with the economic policies to which it is applied www.bde.es/wbe/en/notic... If you’re interested in attending, email us at aee.direccion@bde.es

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Banco de España Research @bde-research.bsky.social · 16/06/2026

Next research seminar: Joana Silva (World Bank) will be presenting "Building Human Capital Where It Matters: Homes, Neighborhoods, and Workplaces” on June 17, 12:00 CET ➡️ www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 15/06/2026

Next research seminar: Christoph Albert (Collegio Carlo Alberto) will be presenting "Business Cycles, Competition and the Labor Market Assimilation of Immigrants: Evidence from Spain” on June 17, 12:00 CET ➡️ www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 08/06/2026

What do consumer and firm confidence measures reveal, and do they matter for the macroeconomy? Using European survey data, this paper shows confidence shocks capture non-technological factors and play an important role in unemployment fluctuations over the cycle www.bde.es/wbe/en/publi...

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Banco de España Research @bde-research.bsky.social · 04/06/2026

Next research seminar: James Hansen will be presenting "The Equity Premium, Long-run Risk, and Asymmetric Optimal Monetary Policy” on June 10, 12:00 CET www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 01/06/2026

Next research seminar: Pascuale Della Corte (Imperial College London) will be presenting " Beyond Bilateral Flows: Indirect Connections and Exchange Rates ” on June 03, 12:00 CET. ➡️ www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 29/05/2026

This year marks the 40th anniversary of the Rey de España Prize for Economics, which recognises the academic and professional achievements of Spanish and Latin American figures in the field of economics. The deadline for entries is 30 June at 23:59 Spanish time 🔗 www.premiodeeconomia.org/wpm/es/

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Banco de España Research @bde-research.bsky.social · 28/05/2026

Tom Hegarty, Associate Director at TNFD, explains in this video why water is a strategic management issue. He took part in “Water and Financial Stability: Moving from Risks to Resilience”, a high-level international conference jointly convened by @bde.es @oecd-env.bsky.social #CPD #NGFS

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Banco de España Research @bde-research.bsky.social · 26/05/2026

Next research seminar: Maximilian Konradt (Imperial College Business School) will be presenting "Green Business Cycles” on May 28, 12:00 CET. ➡️ www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 25/05/2026

Kate Brauman, from the University of Alabama, explains how data and models help measure the financial impact of water-related risks. She took part in “Water and financial stability: moving from risks to resilience”, a high-level meeting convened jointly by @bde.es, @oecd-env.bsky.social, #CPD #NGFS

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Banco de España Research @bde-research.bsky.social · 22/05/2026

💧The event comprised two days of high-level discussions and presentations, during which all aspects of #water management and its impact on #financialstability were examined. The video provides a summary of the 13th Roundtable on #FinancingWater Don’t miss it! 📽️ www.youtube.com/shorts/8yD67...

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Noelia Jiménez from #bancodeespaña summarizes the conference “Water and Financial Stability”.

Banco de España hosted on May 21 and 22 in Madrid the high-level international conference Water and Financial Stability: Moving from Risks to Resilience, foc...

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Banco de España Research @bde-research.bsky.social · 22/05/2026

📢 The second day of the 13th Roundtable on #FinancingWater begins at 9:00 a.m., where participants will discuss the impact of #Water on #FinancialStability. The event is being held at the @bde.es Follow the sessions live 🎥 www.youtube.com/live/mcpGTUP... #Water&FinancialStability

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Day 2 - 13th Meeting of the Roundtable on Financing Water

The OECD, Banco de España, CDP and the Network for Greening the Financial System (NGFS) organise the 13th Meeting of the Roundtable on Financing Water, a the...

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Banco de España Research @bde-research.bsky.social · 21/05/2026

Next research seminar: João Pereira dos Santos (ISEG) will be presenting "Sailing through troubled waters: Evidence from support discontinuities to firms in times of crisis” on May 25, 10:00 CET. www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 14/05/2026

Next research seminar: Ferran Elias (Universitat de Girona) will be presenting "The Extension of Collective Agreements in Fissured Workplaces: Wage Premiums, Spillovers and Rent-Sharing” on May 19, 12:00 CET ➡️ www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 11/05/2026

Next research seminar: Ethan Ilzetzki (LSE) will be presenting "GI Jobs in GE: The macroeconomic effects of defense employment” on May 13, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 07/05/2026

Banks’ market power shaped the euro-era tightening: weak pass-through on deposits led to sharper credit cuts for riskier firms, higher loan rates, and better returns. The deposit channel pushes banks to optimize risk return, reversing ZLB search for yield. ▶️ www.bde.es/wbe/en/publi... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 04/05/2026

Next research seminar: Marta Cota (Nova SBE) will be presenting "Is Knowledge Enough? Financial Literacy, Marriage, and Gender Differences in Wealth” on May 6, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 28/04/2026

Next research seminar: Karsten Müller (NUS)) will be presenting “Two Centuries of Systemic Bank Runs” on April 29, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 20/04/2026

When uncertainty indicators disagree, what are they really telling us? We use news-based topic indices to show why EPU and VIX/CLIFS diverge, and what that reveals about the economy. www.bde.es/wbe/en/publi... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 16/04/2026

Next research seminar: Juan José Dolado (UC3M) will be presenting “Riders on the Storm” on April 16, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 15/04/2026

If you are a researcher, you can now access patent and utility model microdata from the Spanish Patent and Trademark Office (OEPM) through our data lab ➡️ www.bde.es/wbe/en/punto... #BELab

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Banco de España Research @bde-research.bsky.social · 14/04/2026

We will host the 18th Workshop Banco de España-CEMFI on April 20th. See the program below www.bde.es/wbe/en/notic... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 14/04/2026

Next research seminar: Frederic Vermeulen (KU Leuven) will be presenting “Spouses with benefits: on match quality and consumption inside households” on April 15, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 13/04/2026

Banco de España will host the 1st Workshop on Financial Intermediation on 7 May 2026 at its Madrid headquarters. The event features six research papers, each with an assigned discussant, and a keynote speech by Prof. Rajkamal Iyer. Programme: 👉 www.bde.es/f/webbe/INF/... #bdeResearch

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Banco de España Research @bde-research.bsky.social · 10/04/2026

Congratulations to Sofia Velasco on winning the SNDE Time Series Award at the 33rd SNDE Symposium for her paper “Let the Tree Decide: FABART”. A well‑deserved recognition. Proud of our Research Economist at Banco de España! 🎉

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Banco de España Research @bde-research.bsky.social · 09/04/2026

We routinely take the pulse of Spanish firms. How? The EBAE survey gathers information directly from firms and is an important complement to our economic analysis toolkit 👉 www.bde.es/wbe/en/notic... #bdeBlog

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Banco de España Research @bde-research.bsky.social · 19/03/2026

MIBE (Women Researchers at Banco de España) workshop, an internal event showcasing research by female economists at Banco de España, aimed at fostering networking, mentoring, and visibility within the institution, with closing remarks from deputy governor Soledad Núñez. www.bde.es/f/webeventos...

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Banco de España Research @bde-research.bsky.social · 18/03/2026

Joint 13th CEPR Economic History Symposium & 11th Banco de España Economic History Seminar The Banco de España is pleased to host the Symposium & Seminar between 27 and 29 May 2026 in Roda de Bará. Attendance by invitation only. www.bde.es/wbe/es/notic...

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Joint 13th CEPR Economic History Symposium & 11th Banco de España Economic History Seminar

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Banco de España Research @bde-research.bsky.social · 18/03/2026

How effective is public investment in the EU? Using EIB infrastructure loans as instrument, we find that public investment generates large and persistent increases in output & employment with medium‑run multipliers above 3 and positive spillovers www.bde.es/wbe/en/publi... @mortezaghomi.bsky.social

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Banco de España Research @bde-research.bsky.social · 16/03/2026

Next research seminar: Thomas Drechsel (University of Maryland, NBER & CEPR) will be presenting “The Macroeconomic Effects of Bank Regulation: New Evidence from a High-Frequency Approach” on March 17, 10:30 CET. www.bde.es/wbe/en/areas... #bdeResearch

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