Banco de España Research

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. bde.es/f/webeventos/E… #bdeResearch

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

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 cross‑country spillovers ➡️ bde.es/wbe/en/publica… #bdeResearch @MortezaaGhomi

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. bde.es/wbe/en/areas-a… #bdeResearch

We present RAUI, an uncertainty indicator built using AI techniques. This methodology captures how different topics contribute to overall uncertainty RAUI uses •an embedding model to select relevant articles •an LLM to quantify the level of uncertainty bde.es/wbe/en/publica… @MortezaaGhomi

🎓 We are launching a call to recruit 6 predoctoral researchers in Madrid and Barcelona. We welcome highly motivated applicants with a strong interest in economic research, AI, or data science. We offer a predoctoral employment contract of 1-4 years (approx. €43,000/year). bde.es/wbe/en/sobre-b…

Next research seminar: Annika Bacher (BI Oslo) will be presenting “Regulating Entrepreneurship: The Case of Capital Requirements” on March 11, 12:00 CET. bde.es/wbe/en/areas-a… #bdeResearch

Green regulation can spark #innovation. Our study finds national rules boost innovation in Spain (2008–2022), while regional effects are mixed. Coordination is key. By Juan @morasanguinetti, Cristina Peñasco & @SprukRok #institutions bde.es/wbe/en/publica… #bdeResearch

Surveys reveal a gender gap in financial literacy: women score fewer correct answers and choose “I don’t know” more often. This #8M, our goal is to make finance feel less distant for more women and to foster greater confidence in their financial decisions. Find out more on the #bdeBlog bde.es/wbe/en/noticia…

Does the unemployment rate really reflect how much labour is available in the job market? Are all unemployed persons equally ready to work? And are economically inactive individuals truly unavailable? Our new measure of labour market attachment helps address these questions and offers a more accurate indicator of labour market conditions in Spain bde.es/wbe/en/noticia… #bdeBlog

How were prices adjusted during the 2021–24 inflation surge? Using CPI micro data for 9 euro area countries, we document a marked increase in the frequency of price changes (from 8% pre‑2020 to 12% in 2022), while the average size of price increases or decreases changed only modestly. ➡️ bde.es/wbe/en/publica… #BdeResedarch

New working paper: In a NK model with domestic & cross-border input-output linkages, foreign energy-price shocks generate persistent EA inflation and a tougher policy trade-off. Shutting down IO links cuts cumulative inflation to ~60%. ➡️ bde.es/wbe/es/publica… #BdeResearch

Over recent decades, the correlation between the educational levels of parents and children has fallen by one-third, coinciding with declines in inequality and assortative mating among the same cohorts. bde.es/wbe/es/publica… #BdeResearch

We are opening applications for a technical research assistant pool — a unique opportunity to boost your career by working with top‑tier data and analysing public policies. ➡️ bde.es/wbe/en/sobre-b… #BdeResearch

Call for Papers now open for the CEBRA (Central Bank Research Association) 2026 Annual Meeting! Submit by March 2. Details: cebra-events.org/annual-meeting… #CEBRA26 @CebraOrg

Monetary policy shocks that affect the short end of the yield curve dampen private equity activity, by reducing both the volumes and prices of deals as well as the use of leverage ➡️ bde.es/wbe/en/publica… #BdeResearch

We’ve just released the households’ Distributional Wealth Accounts: a window into how Spanish household wealth and debt evolve over time. Find out more on the press release and the #BdEBlog and explore the interactive charts on our website 👉 bde.es/wbe/en/inicio/… @sandra_g_u

Peru’s FX macroprudential policy reduced dollarization but tightened credit for micro and small firms. Large firms adjusted by switching banks and currencies, highlighting a policy trade-off between financial stability and small-firm credit access. 👉bde.es/wbe/en/publica… #BdeResearch

Next research seminar: Carlos Montes-Galdón (ECB) will be presenting "Deep-pi": A neural network approach to estimate trend inflation" bde.es/wbe/en/areas-a… on January 27, 10:00 CET. #bdeResearch

⏰Reminder! Last days to apply! Banco de España organizes the 1st Workshop on Financial Intermediation on 7 May 2026. Each accepted paper will have a discussant and Prof. Rajkamal Iyer will deliver a keynote speech. Deadline for submission: 2 February 2026. Call for papers: bde.es/wbe/es/noticia… #BdeResearch