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Publications

Industrial policy, circular economy and strategic autonomy

Circular economy in EU critical value chains: The case of titanium metal in defence and civil aviation

(with B. Baldassarre, E. Garbarino and H. Saveyn)

Proceedings of the 5th PLATE Conference (2023) : 149-154.

Can greater circularity in titanium metal improve EU open strategic autonomy? Scenario modelling with heterogeneous data

(R&R, Journal of Industrial Ecology)

Analysis of academic collaboration networks on circularity of critical technologies (in progress)

International macroeconomics

Awareness of pandemics and the impact of COVID-19, with J. J. Pérez and D. Santabárbara. 

Economics Letters 204 : 109892. Featured as a SUERF Policy Brief.

Macroprudential policy and financial stability

The procyclicality of impairment accounting: Comparing expected losses under IFRS 9 and US GAAP,  with J. Población and J. Tarancón. 

Journal of Financial Services Research, available online March 2023. ECB Working Paper #2347, BdE Working Paper #2003. 

Risky mortgages, credit shocks and cross-border spillovers, jointly with J. Población and A. De Quinto. 

International Review of Economics and Finance 80: 717-733.  ESRB Working Paper #123. 

An agent-based model for the assessment of LTV caps, with J. Población and D. Laliotis.  

Quantitative Finance 20 (10): 1721-1748. ECB Working Paper #2294

Policy research

Industrial policy, circular economy and strategic autonomy

NEW! Analysis of Circular Economy Research and Innovation (R&I) intensity for critical products in the supply chains of strategic technologies

(with P. Albizzati, B. Baldassarre, S. Carrara, M. Jakimow-Canton and H. Saveyn) 

JRC Science for Policy report, European Commission.

International macroeconomics

Measures to support credit and the financial sector in banking systems considered material to Spain, 

(with A. Flores, J.L. Puente and E. Vidal)

Economic Note, Banco de España.

Inflation in the United States: Recent developments and perspectives

(with F. Borrallo and S. Párraga)

Analytical Article, Banco de España.

Fiscal policy measures adopted since the second wave of the health crisis: the euro area, the US and the UK

(with D. Alonso, C. Moreno, S. Párraga and F. Viani)

Occasional Paper 2118, Banco de España.

Global epidemiological developments

Annual Report 2020, Banco de España. 

The UK-EU Trade and Cooperation Agreement (TCA)

(with I.Kataryniuk, P. L’Hotellerie-Fallois and S. Moreno)

Analytical Article, Banco de España.

Brexit: Situation and economic consequences

(with C. García, I. Kataryniuk, C. Martín-Machuca, S. Moreno and M. Roth) 

Analytical Article, Banco de España.

China: Impact of the pandemic and economic recovery

Analytical Article, Banco de España.

Effects of the pandemic on the international banking systems most relevant to Spain

(with L. Molina and DG Bank Supervision)

Financial Stability Report 2/2020, Banco de España.

The recent recovery of the Chinese economy during the gradual lifting of the Covid-19 lockdown

Economic Bulletin 2/2020, Banco de España.

Global economic effects of the health crisis

Annual Report 2019, Banco de España. 

Global economic effects of the health crisis

(with D. Santabárbara and M. Roth)

In "Reference macroeonomic scenarios for the Spanish economy after Covid-19", April 2020, Banco de España. 

La UE frente al Brexit: el canal comercial

(with M. Roth and J.L. Vega)

Economistas 166 (Feb 2020): pp. 80-90.

Recent changes in the Swedish central bank's monetary policy

(with. L. Cuadro)

Economic Bulletin 1/2020, Banco de España.

Rising protectionism between the US and China and its effects on the global economy

(with D. Santabárbara and M. Roth)

Economic Bulletin 3/2019, Banco de España.