Banco de España Research
@bde-research.bsky.social
Publications, conferences, and other news from @bde.es researchers. Authors’ views are their own and not necessarily those of the Banco de España.
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Hello! 👋 We are already on Bluesky. In this account we will share news on publications, conferences, and other news from bde.es research. Follow us so you don't miss a thing! #bdeResearch
A search-and-matching model shows a core trade-off in family policies: those that raise earnings lower fertility, and those that raise fertility lower earnings. Only promotion subsidies improve both 👉 www.bde.es/wbe/es/publi... #BdeResearch @ruggieriale.bsky.social
December 1, 2025 at 11:23 AM
A search-and-matching model shows a core trade-off in family policies: those that raise earnings lower fertility, and those that raise fertility lower earnings. Only promotion subsidies improve both 👉 www.bde.es/wbe/es/publi... #BdeResearch @ruggieriale.bsky.social
Next research seminar: Pamela Giustinelli (Bocconi University) will be presenting “Outcomes, Counterfactuals, and Elicited Beliefs: Evidence from Higher Education Admissions” on December 3, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
December 1, 2025 at 10:30 AM
Next research seminar: Pamela Giustinelli (Bocconi University) will be presenting “Outcomes, Counterfactuals, and Elicited Beliefs: Evidence from Higher Education Admissions” on December 3, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
Next research seminar: Andreas Fuster (EPFL, Swiss Finance Institute, and CEPR) will be presenting “The Response of Debtors to Rate Changes” on December 2, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
November 28, 2025 at 10:00 AM
Next research seminar: Andreas Fuster (EPFL, Swiss Finance Institute, and CEPR) will be presenting “The Response of Debtors to Rate Changes” on December 2, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
When euro-area governments announce price-related (expansionary) fiscal measures, households perceive higher inflation but an improved labour market outlook. www.bde.es/wbe/es/publi... #bdeResearch
November 27, 2025 at 10:26 AM
When euro-area governments announce price-related (expansionary) fiscal measures, households perceive higher inflation but an improved labour market outlook. www.bde.es/wbe/es/publi... #bdeResearch
This paper offers a comprehensive characterization of fiscal drag in Europe in recent years and finds very heterogeneous impacts across countries, with implications for revenue collection, redistribution, and macroeconomic stability. ➡️ www.bde.es/wbe/es/publi... #bderesearch
November 25, 2025 at 11:28 AM
This paper offers a comprehensive characterization of fiscal drag in Europe in recent years and finds very heterogeneous impacts across countries, with implications for revenue collection, redistribution, and macroeconomic stability. ➡️ www.bde.es/wbe/es/publi... #bderesearch
Next research seminar: Davide Brignone (Bank of England) will be presenting “Structural forecast analysis” on November 27, 12:00 CET www.bde.es/wbe/en/areas... #bdeResearch
November 24, 2025 at 11:30 PM
Next research seminar: Davide Brignone (Bank of England) will be presenting “Structural forecast analysis” on November 27, 12:00 CET www.bde.es/wbe/en/areas... #bdeResearch
Next research seminar: @fpj-portier.bsky.social ( University College London) will be presenting “Escaping Taylor-Rule Biases: An Agnostic Approach to Monetary Policy-Rule Modelling” on November 26, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
November 24, 2025 at 10:00 AM
Next research seminar: @fpj-portier.bsky.social ( University College London) will be presenting “Escaping Taylor-Rule Biases: An Agnostic Approach to Monetary Policy-Rule Modelling” on November 26, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
Next research seminar: Juan F. Rubio-Ramírez (Emory University) will be presenting “Are Fiscal Transfers Inflationary?” on November 19, 11:30 CET. www.bde.es/wbe/en/areas... #bdeResearch
November 18, 2025 at 9:00 AM
Next research seminar: Juan F. Rubio-Ramírez (Emory University) will be presenting “Are Fiscal Transfers Inflationary?” on November 19, 11:30 CET. www.bde.es/wbe/en/areas... #bdeResearch
Next research seminar: Franco Fiordelisi will be presenting “Supervisory-Driven Credit Reallocation” on November 18, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
November 17, 2025 at 10:00 AM
Next research seminar: Franco Fiordelisi will be presenting “Supervisory-Driven Credit Reallocation” on November 18, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
What are the origins of top firms? This paper presents new facts about the first 20 years of firms that reach the top 1%. A model with ex-ante types, non-homotheticities, and financial frictions can account for top and bottom firm dynamics. ➡️ www.bde.es/wbe/en/publi... @fkocheng.bsky.social
November 14, 2025 at 10:00 AM
What are the origins of top firms? This paper presents new facts about the first 20 years of firms that reach the top 1%. A model with ex-ante types, non-homotheticities, and financial frictions can account for top and bottom firm dynamics. ➡️ www.bde.es/wbe/en/publi... @fkocheng.bsky.social
Our Annual Research conference will focus on the Economics of Artificial Intelligence. You can see the full program here: www.bde.es/wbe/es/notic... #bdeResearch
November 13, 2025 at 10:47 AM
Our Annual Research conference will focus on the Economics of Artificial Intelligence. You can see the full program here: www.bde.es/wbe/es/notic... #bdeResearch
Next research seminar (in spanish): Antonio Cabrales (Universidad Carlos III) will be presenting “Economía de la educación: Una introducción con énfasis en España” on November 12, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
November 12, 2025 at 9:00 AM
Next research seminar (in spanish): Antonio Cabrales (Universidad Carlos III) will be presenting “Economía de la educación: Una introducción con énfasis en España” on November 12, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
The best way to mitigate the potential risks posed by the accumulation of sovereign debt in European banks is to create a common safe asset for the EU. Other alternatives, such as regulatory changes, could have undesirable consequences ➡️ www.bde.es/wbe/es/publi... #BdeResearch
November 11, 2025 at 10:00 AM
The best way to mitigate the potential risks posed by the accumulation of sovereign debt in European banks is to create a common safe asset for the EU. Other alternatives, such as regulatory changes, could have undesirable consequences ➡️ www.bde.es/wbe/es/publi... #BdeResearch
In Spain, 77% of firms have fewer than five employees, compared with 71% in the EU. They are also growing more slowly. Bridging this gap is key to achieving a more productive and innovative economy. We analyse the reasons in our #bdeBlog www.bde.es/wbe/en/notic...
November 11, 2025 at 9:45 AM
In Spain, 77% of firms have fewer than five employees, compared with 71% in the EU. They are also growing more slowly. Bridging this gap is key to achieving a more productive and innovative economy. We analyse the reasons in our #bdeBlog www.bde.es/wbe/en/notic...
Armed conflicts reveal our vulnerability, also in commercial terms. Relying on a limited number of suppliers for imports is not a good trade strategy. Moreover, prices tend to be higher. Diversify or pay more: this is the the EU's undertanding within its internal market. youtu.be/4v3Nd7d896g
Geopolitical conflicts' impact on international trade
Military conflicts in Ukraine and Palestine have changed the geopolitical landscape. They have also affected international trade, showing that a country is m...
youtu.be
November 6, 2025 at 9:56 AM
Armed conflicts reveal our vulnerability, also in commercial terms. Relying on a limited number of suppliers for imports is not a good trade strategy. Moreover, prices tend to be higher. Diversify or pay more: this is the the EU's undertanding within its internal market. youtu.be/4v3Nd7d896g
Next research seminar: Giovanni Callegari (European Stability Mechanism) will be presenting “Fiscal Sustainability and Policy Interactions” on November 6, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
November 4, 2025 at 10:00 AM
Next research seminar: Giovanni Callegari (European Stability Mechanism) will be presenting “Fiscal Sustainability and Policy Interactions” on November 6, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
Next research seminar: Andreas Moxnes will be presenting “Follow FDI: Domestic and Global Production Networks” on November 5, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
November 3, 2025 at 10:00 AM
Next research seminar: Andreas Moxnes will be presenting “Follow FDI: Domestic and Global Production Networks” on November 5, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
Database update! The EUROPROD-UA TFP growth database has been updated with data through 2025Q2 #bdeResearch #productivity ➡️ www.bde.es/wbe/en/areas...
October 28, 2025 at 10:00 AM
Database update! The EUROPROD-UA TFP growth database has been updated with data through 2025Q2 #bdeResearch #productivity ➡️ www.bde.es/wbe/en/areas...
Next research seminar: Tom Zohar (@cemfi.es ) will be presenting “Children of Immigrants: Intergenerational Mobility Across Countries” on October 29, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch#bdeResearch
October 27, 2025 at 10:00 AM
Next research seminar: Tom Zohar (@cemfi.es ) will be presenting “Children of Immigrants: Intergenerational Mobility Across Countries” on October 29, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch#bdeResearch
Next seminar: Aitor Erce (Navarra Public University) will be presenting “Sovereign Defaults at Home and Abroad” on Oct 22nd, 12h CET. www.bde.es/wbe/en/areas... #bdeResearch#bdeResearch
October 20, 2025 at 9:00 AM
Next seminar: Aitor Erce (Navarra Public University) will be presenting “Sovereign Defaults at Home and Abroad” on Oct 22nd, 12h CET. www.bde.es/wbe/en/areas... #bdeResearch#bdeResearch
Next seminar: Dominic Rohner (Geneva Graduate Institute) will be presenting “Who Wins Wars” on Oct 20th, 15h CET. www.bde.es/wbe/en/areas... #bdeResearch#bdeResearch
October 17, 2025 at 9:00 AM
Next seminar: Dominic Rohner (Geneva Graduate Institute) will be presenting “Who Wins Wars” on Oct 20th, 15h CET. www.bde.es/wbe/en/areas... #bdeResearch#bdeResearch
Economic growth worldwide only began to take off in the early 19th century. This year’s winners of the Nobel Prize in Economics (Mokyr, Aghion and Howitt) show why innovation has snowballed since then, accelerating growth. Check out our blog 👉 www.bde.es/wbe/en/notic... #bdeBlog#bdeBlog
October 16, 2025 at 12:12 PM
Economic growth worldwide only began to take off in the early 19th century. This year’s winners of the Nobel Prize in Economics (Mokyr, Aghion and Howitt) show why innovation has snowballed since then, accelerating growth. Check out our blog 👉 www.bde.es/wbe/en/notic... #bdeBlog#bdeBlog
We will host the 17th Workshop Banco de España-CEMFI on October 20. See the programme below ➡️ www.bde.es/wbe/es/notic... #bdeResearch#bdeResearch
October 16, 2025 at 9:00 AM
We will host the 17th Workshop Banco de España-CEMFI on October 20. See the programme below ➡️ www.bde.es/wbe/es/notic... #bdeResearch#bdeResearch
Do bank regulations spill over across borders? We uncover a trade transmission channel: Spain’s 2012 loan loss provisioning shock made partners’ total exports fall due to lower demand from importers tied to the most affected banks. ➡️ www.bde.es/wbe/es/publi... #BdeResearch#BdeResearch
October 15, 2025 at 10:16 AM
Do bank regulations spill over across borders? We uncover a trade transmission channel: Spain’s 2012 loan loss provisioning shock made partners’ total exports fall due to lower demand from importers tied to the most affected banks. ➡️ www.bde.es/wbe/es/publi... #BdeResearch#BdeResearch
.@bde.es is hiring on the #EconJobMarket . We offer a unique environment in which to develop cutting-edge quality research with an impact on society. www.bde.es/wbe/en/sobre... #BdeResearch#BdeResearch
October 15, 2025 at 9:00 AM
.@bde.es is hiring on the #EconJobMarket . We offer a unique environment in which to develop cutting-edge quality research with an impact on society. www.bde.es/wbe/en/sobre... #BdeResearch#BdeResearch