RSS feeds RSS  |  E-mail alert  |  FAQ  |  Contact  
Advanced search   |   GoGo  
Overview  |  Organisation  |  Activities  |  History  |  Legal information  |  Representative offices  |  Recruitment  |  Contact
Research hub

  BIS home Central bank hub Research hub

Central Bank Research Hub - Bank of Spain Working Papers



Empirical analysis of corporate credit lines (836 KB) (JEL E32, G18, M21)

by Gabriel Jiménez, José A. López and Jesús Saurina0821
(Oct 2008)
 Abstract
 Full text

The impact of financial position on investment: an analysis for non-financial corporations in the euro area (680 KB) (JEL C33, E22, G32, J23)

by Carmen Martínez-Carrascal and Annalisa Ferrando0820
(Sep 2008)
 Abstract
 Full text

Multiple safety net regulators and agency problems in the EU: Is Prompt Corrective Action partly the solution? (578 KB)

by David G. Mayes, María J. Nieto and Larry Wall0819
(Sep 2008)
 Abstract
 Full text

Labor market reform and price stability: an application to the Euro Area (673 KB) (JEL E31, E32, J64)

by Carlos Thomas and Francesco Zanetti0818
(Sep 2008)
 Abstract
 Full text

Measuring and explaining the volatility of capital flows towards emerging countries (621 KB) (JEL C22, C23, F21, F36)

by Carmen Broto, Javier Díaz-Cassou and Aitor Erce-Domínguez0817
(Sep 2008)
 Abstract
 Full text

Organizational distance and use of collateral for business loans (633 KB) (JEL G21, L22)

by Gabriel Jiménez, Vicente Salas-Fumás and Jesús Saurina0816
(Aug 2008)
 Abstract
 Full text

Housing bubbles (765 KB) (JEL G21, R21, R31)

by Óscar J. Arce and J. David López-Salido0815
(Aug 2008)
 Abstract
 Full text

On the job search in a matching model with heterogeneous jobs and workers (698 KB

by Juan J. Dolado, Marcel Jansen and Juan F. Jimeno0813
(Jul 2008)
 Abstract
 Full text

Does immigration affect the Phillips curve? Some evidence for Spain (778 KB

by Samuel Bentolila, Juan J. Dolado and Juan F. Jimeno0814
(Jun 2008)
 Abstract
 Full text

Testing for conditional heteroscedasticity in the components of inflation (1.128 KB (JEL C22, C52, E31)

by Carmen Broto and Esther Ruiz0812
(Jun 2008)
 Abstract
 Full text

A structural model of sovereign debt issuance: assessing the role of financial factors. (822 KB

by Aitor Erce0809
(Jun 2008)
 Abstract
 Full text

Uncertainty and entry into export markets (624 KB

by Rubén Segura-Cayuela and Josep M. Vilarrubia0811
(Jun 2008)
 Abstract
 Full text

Do trade and financial linkages foster business cycle synchronization in a small economy? (555 KB

by Alicia García-Herrero and Juan M. Ruiz0810
(Jun 2008)
 Abstract
 Full text

Introducing the Euro-STING: Short Term INdicator of Euro Area Growth (701 KB (JEL C22, E27, E32)

by Maximo Camacho and Gabriel Perez-Quiros0807
(Apr 2008)
 Abstract
 Full text

The effect of foreign service on trade volumes and trade partners (602 KB (JEL F12, F13, F15, F55)

by Rubén Segura-Cayuela and Josep M. Vilarrubia0808
(Apr 2008)
 Abstract
 Full text

Search frictions, real rigidities and inflation dynamics (705 KB (JEL E32, J40)

by Carlos Thomas0806
(Mar 2008)
 Abstract
 Full text

Money and the natural rate of interest: structural estimates for the United States and the euro area (1.238 KB (JEL E51, E52)

by Javier Andrés, J. David López-Salido and Edward Nelson0805
(Mar 2008)
 Abstract
 Full text

Wealth inequality and household structure: US (JEL D31)

by Olympia Bover0804
(Feb 2008)
 Abstract
 Full text

Uncertainty and the price of risk in a nominal convergence process (879 KB

by Ricardo Gimeno and José Manuel Marqués0802
(Jan 2008)
 Abstract
 Full text

Size, growth and bank dynamics (543 KB (JEL C23, G21, L11)

by Enrique Benito0801
(Jan 2008)
 Abstract
 Full text

2007

Price determinacy under non-Ricardian fiscal strategies (756 KB (JEL E31, E42, E61)

by Óscar Arce0741
(Dec 2007)
 Abstract
 Full text

Firm productivity dynamics in Spain (JEL D24, J24, L11, L25)

by Paloma López-García, Sergio Puente and Ángel Luis Gómez0739
(Dec 2007)
 Abstract
 Full text

Modelling heterogeneity and dynamics in the volatility of individual wages (JEL C23, J31)

by Laura Hospido0738
(Dec 2007)
 Abstract
 Full text

Employment risk and household formation: evidence from differences in firing costs (JEL J1, J2)

by Mario García-Ferreira and Ernesto Villanueva0737
(Dec 2007)
 Abstract
 Full text

Update of the quarterly model of the Bank of Spain (JEL E10, E17, E20, E60)

by Eva Ortega, Pablo Burriel, José Luis Fernández, Eva Ferraz and Samuel Hurtado0717
(Nov 2007)
 Abstract
 Full text

A new approach to measuring competition in the loan markets of the euro area (JEL D4, G21, L1)

by Michiel van Leuvensteijn, Jacob A. Bikker, Adrian van Rixtel and Christoffer Kok-Sørensen0736
(Nov 2007)
 Abstract
 Full text

Oil and the Great Moderation (JEL A5, A6021, D2, E32, E52, Q43)

by Antón Nákov and Andrea Pescatori0735
(Oct 2007)
 Abstract
 Full text

Local debt expansion... vulnerability reduction: an assessment for six crisis-prone countries (JEL E6, F3, H6)

by Paloma Acevedo, Enrique Alberola and Carmen Broto0733
(Oct 2007)
 Abstract
 Full text

Inequality for Wage Earners and Self-Employed: Evidence from Panel Data (JEL D12, D31, D91, E21)

by Pedro Albarrán, Raquel Carrasco and Maite Martínez-Granado0734
(Oct 2007)
 Abstract
 Full text

How do intangible assets create economic value? an application to banks (JEL D21, G21)

by Alfredo Martín-Oliver and Vicente Salas-Fumas0730
(Oct 2007)
 Abstract
 Full text

The transmission of emerging market shocks to global equity markets (JEL F30, F36, G15)

by Lucía Cuadro Sáez, Marcel Fratzscher and Christian Thimann0727
(Oct 2007)
 Abstract
 Full text

The industrial impact of oil price shocks: evidence from the industries of six OECD countries (JEL E32, Q43)

by Rebeca Jiménez-Rodríguez0731
(Oct 2007)
 Abstract
 Full text

What do micro price data tell us on the validity of the New Keynesian Phillips Curve? (JEL D40, E31)

by Luis J. Álvarez0729
(Sep 2007)
 Abstract
 Full text

Temporal aggregation, systematic sampling, and the Hodrick-Prescott filter (JEL C22, C43, C82, E32, E66)

by Agustín Maravall and Ana del Río0728
(Sep 2007)
 Abstract
 Full text

Testing for competition in the Spanish banking industry: The Panzar-Rosse approach revisited (JEL G21, L10, L13)

by Luis Gutiérrez de Rozas0726
(Aug 2007)
 Abstract
 Full text

Financial governance of banking supervision (JEL D78, G21, G28, O17, P16)

by Donato Masciandaro, María J. Nieto and Henriette Prast0725
(Jul 2007)
 Abstract
 Full text

Inflation-output gap trade-off with a dominant oil supplier (JEL E31, E32, E52, Q43)

by Anton Nakov and Andrea Pescatori0723
(Jul 2007)
 Abstract
 Full text

The effects of the introduction of tax incentives on retirement savings (JEL D14, H24, H55)

by Juan Ayuso, Juan F. Jimeno and Ernesto Villanueva0724
(Jul 2007)
 Abstract
 Full text

Trade patterns, trade balances and idiosyncratic shocks (JEL F32, F41)

by Claudia Canals, Xavier Gabaix, Josep M. Vilarrubia and David Weinstein0721
(Jul 2007)
 Abstract
 Full text

The wise use of dummies in gravity models: export potentials in the Euromed regio (JEL F12, F14, F15)

by Juan M. Ruiz and Josep M. Vilarrubia0720
(Jul 2007)
 Abstract
 Full text

The labor market effects of technology shocks (JEL E00, J60, O33)

by Fabio Canova, David López-Salido and Claudio Michelacci0719
(Jul 2007)
 Abstract
 Full text

Macroeconomic modelling in EMU (JEL E17, E32, E37)

by Javier Andrés and Fernando Restoy0718
(Jul 2007)
 Abstract
 Full text

Back to square one: identification issues in DSGE (JEL C10, C52, E32, E50)

by Fabio Canova and Luca Sala0715
(Jun 2007)
 Abstract
 Full text

Equilibrium Exchange rates in new EU (JEL F21, F31, F32, F36)

by Enrique Alberola and Daniel Navia0708
(Jun 2007)
 Abstract
 Full text

The determinants of household credit in Spain (JEL C53, E51, R20)

by Fernando Nieto0716
(Jun 2007)
 Abstract
 Full text

On the aggregate effects of immigration in Spain (JEL B79, E10, F22)

by José Mario Izquierdo, Juan F. Jimeno and Juan A. Rojas0714
(Jun 2007)
 Abstract
 Full text

An assessment of basel II procyclicality in mortgage portfolios (JEL E32, G18, G21)

by Jesús Saurina and Carlos Trucharte0712
(May 2007)
 Abstract
 Full text

The reaction by industry insiders to M&As in the European financial industry (JEL G20, G34)

by José Manuel Campa and Ignacio Hernando0713
(May 2007)
 Abstract
 Full text

The stabilizing role of government size (JEL E32, E52, E63)

by Javier Andrés, Rafael Doménech and Antonio Fatás0710
(May 2007)
 Abstract
 Full text

Measurement of capital stock and input services of Spanish banks (JEL G21, G31, M41)

by Alfredo Martín-Oliver, Vicente Salas-Fumás and Jesús Saurina0711
(May 2007)
 Abstract
 Full text

Modeling the distribution of credit losses with observable and latent factors (JEL E32, E37, G21)

by Gabriel Jiménez and Javier Mencía0709
(Apr 2007)
 Abstract
 Full text

Global financial integration, monetary policy and reserve accumulation. Assessing the limits in emerging economies (JEL E58, F36, G15)

by Enrique Alberola and José M.ª Serena0706
(Apr 2007)
 Abstract
 Full text

Parametric properties of semi-nonparametric distributions, with applications to option valuation (JEL C16, G13)

by Ángel León, Javier Mencía and Enrique Sentana0707
(Mar 2007)
 Abstract
 Full text

House prices and employment reallocation: internacional evidence (JEL J23, R32)

by Olympia Bover and Juan F. Jimeno0705
(Mar 2007)
 Abstract
 Full text

Have really real interest rates fallen that much in Spain? (JEL E43, G12)

by Roberto Blanco and Fernando Restoy0704
(Feb 2007)
 Abstract
 Full text

Preconditions for a successful implementation of supervisors' Prompt Corrective Action: Is there a case for a banking standard in the EU (JEL F20, G28, K23)

by María J. Nieto and Larry D. Wall0702
(Feb 2007)
 Abstract
 Full text

Price setting in the euro area: some stylised facts from individual producer price data (JEL C25, D40, E31)

by Philip Vermeulen, Daniel Dias, Maarten Dossche, Erwan Gautier, Ignacio Hernando, Roberto Sabbatini and Harald Stahl0703
(Feb 2007)
 Abstract
 Full text

Cost effectiveness of R&D and strategic trade policy

by Praveen Kujal and Juan Ruiz0701
(Feb 2007)
 Abstract
 Full text

The Output and Profit Contribution of Information Technology and Advertising Investments in Banks (724 KB (JEL D24, G21)

by Alfredo Martín-Oliver and Vicente Salas-Fumás0740
(Jan 2007)
 Abstract
 Full text

2006

Genetic algorithm estimation of interest rate term structure (JEL C51, C63, G12)

by Ricardo Gimeno and Juan M. Nave0634
(Dec 2006)
 Abstract
 Full text

Inefficient policies, inefficient institutions and trade (JEL F10, O10, P16)

by Rubén Segura-Cayuela0633
(Dec 2006)
 Abstract
 Full text

BEMOD: a DSGE model for the Spanish economy and the rest of the Euro area

by Javier Andrés, Pablo Burriel and Ángel Estrada0631
(Dec 2006)
 Abstract
 Full text

Employment fluctuations with downward wage rigidity: the role of moral hazard (JEL C78, E24, E32, J64)

by James Costain and Marcel Jansen0632
(Nov 2006)
 Abstract
 Full text

Option-implied preferences adjustments, density forecasts, and the equity risk premium (JEL G10, G12)

by Francisco Alonso, Roberto Blanco and Gonzalo Rubio0630
(Nov 2006)
 Abstract
 Full text

Competition and price adjustment in the euro area (JEL D40, E31)

by Luis J. Álvarez and Ignacio Hernando0629
(Oct 2006)
 Abstract
 Full text

Does limited access to mortgage debt explain why young adults live with their parents?

by Nuno Martins and Ernesto Villanueva0628
(Oct 2006)
 Abstract
 Full text

Neighborhood effects in economic growth (JEL F12, F15, F43, O11, O19)

by Josep M. Vilarrubia0627
(Oct 2006)
 Abstract
 Full text

A Q-model of labour demand

by Cristina Barceló0626
(Oct 2006)
 Abstract
 Full text

Structural breaks in labor productivity growth: the United States vs. the European Union

by Juan F. Jimeno, Esther Moral and Lorena Saiz0625
(Oct 2006)
 Abstract
 Full text

Is the internet delivery channel changing banks' performance? The case of Spanish banks

by Ignacio Hernando and María J. Nieto0624
(Sep 2006)
 Abstract
 Full text

Vector autoregressions and reduced form representations of DSGE models (JEL C13, C22, E32)

by Federico Ravenna0619
(Sep 2006)
 Abstract
 Full text

Assessing banking competition: an application to the Spanish market for (quality-changing) deposits (JEL D40, G21)

by Juan Ayuso and Jorge Martínez0623
(Aug 2006)
 Abstract
 Full text

Banks, remittances and financial deepening in receiving countries. A model (JEL D7, G20, J61)

by Enrique Alberola and Rodrigo César Salvado0621
(Aug 2006)
 Abstract
 Full text

Emigration and human capital: who leaves, who comes back and what difference does it make? (JEL C14, J10, J31)

by Aitor Lacuesta0620
(Aug 2006)
 Abstract
 Full text

Dynamic stability in repeated games (JEL B1, C70, C72)

by Sergio Puente0618
(Aug 2006)
 Abstract
 Full text

What kind of capital flows does the IMF catalyze and when? (JEL F32, F33, F34)

by Javier Díaz-Cassou, Alicia García-Herrero and Luis Molina0617
(Aug 2006)
 Abstract
 Full text

Hard or soft? Institutional reforms and infrastructure spending as determinants of foreign direct investment in China (JEL F21, F23)

by K. C. Fung and Alicia García Herrero0616
(Jul 2006)
 Abstract
 Full text

Wage inequality in Spain: recent developments (JEL J00, J30)

by Mario Izquierdo and Aitor Lacuesta0615
(Jul 2006)
 Abstract
 Full text

Earnings and capital management in alternative loan loss provision regulatory regimes (JEL G18, G21)

by Daniel Pérez, Vicente Salas and Jesús Saurina0614
(Jul 2006)
 Abstract
 Full text

Wage inequality, segregation by skill and the price of capital in an assignment model

by Ángel Gavilán0613
(Jun 2006)
 Abstract
 Full text

Credit market competition, collateral and firms' finance (JEL G21)

by Gabriel Jiménez, Vicente Salas and Jesús Saurina0612
(May 2006)
 Abstract
 Full text

Debt sustainability and procyclical fical policies in Latin America (JEL E6, F3, H6)

by Enrique