Research

Publications in Economics

1. FED and ECB reaction functions during quantitative easing:  Three phases of monetary policy, both conventional and unconventional (with Francisco Rodríguez-Rodríguez and Luis A. Hierro). 2024. Journal of Policy Modeling. [published version] 

2. Inflation, oil prices and exchange rates. The euro's dampening effect (with Luis A. Hierro). 2022. Journal of Policy Modeling. [published version]

3. Asymmetries in the transmission of oil price shocks to inflation in the eurozone (with Luis A. Hierro). 2021. Economic Modelling. [published version]  [Poster (in Spanish)]

4. Oil trade rents and international income inequality (with Luis A. Hierro and Nicholas Apergis). 2021. Revista de Economía Mundial (Journal of World Economy). [published version] [slides]

   • • Prize Jose Luis Sampedro of the XXI International Congress of the World Economy Society

5. Greenhouse gas emissions convergence in Spain: evidence from the club clustering approach (with Nicholas Apergis). 2020. Environmental Sciences and Pollution Research. [published version]

6. Determinants of fuel prices: dominant firms, local monopolies and "captive" demand (with Luis A. Hierro, Pedro Atienza and Maria Varo). 2020. Regional Studies, Regional Sciences. [published version]

7. 20 years of European Monetary Policy: from Doctrinarism to Realpolitik (with Luis A. Hierro and Helena Domínguez-Torres). 2019. Scientific Annals of Economics and Business. [published version]

8. External effects of the war in Ukraine. The impact of the oil price in the short term (with Luis A. Hierro). 2019 International Journal of Energy Economics and Policy. [published version]

9. Fracking, wars and stock market crashes. The price of oil during the Great Recession (with Luis A. Hierro). 2018 International Journal of Energy Economics and Policy. [published version]

Books and chapter in books

1. "FlexEurope".  Ten years of change in the economic policy of the European Union (with Luis A. Hierro and Helena Domínguez-Torres). 2022. In Portugal, A., Redzepagic, S. and Sol, F. (eds): The European Integration Process: Crisis and Resilience in the aftermath of the COVID-19 pandemic. Coimbra University Press

2. The post-pandemic euro: macroeconomic lessons learned from crises and economic orthodoxies (with Luis A. Hierro, Pedro Atienza and Helena Domínguez-Torres). 2021. In Caetano J., Viera, I. and Caleiro, A. (eds): New Challenge for the euro zone governance. Joint solutions for common threads?. Springer.

Working papers

Work in progress

1. Electricity price and inflation. Macroeconomic implications of Real-Time Pricing (with Luis A. Hierro) [slides]

2. Oil supply shocks and the labor share.

Other publications

1.  The effect of altruism on COVID-19 vaccination rates (with Luis A. Hierro, David Patiño, Pedro Atienza and David Cantarero). 2023. Health Economics Review. [published version] [working paper version]

2. Applying the economic concept of profitability to leaves (with Rafa Villar, Manuel Olmo, Pedro Atienza, Ian Wright, Hendrik Poorter and Luis A. Hierro). 2021. Scientific Reports. [published version]

3. Predicting mortality for Covid-19 in the US using the delayed elasticity method (with Luis A. Hierro, Pedro Atienza and Jose L. Márquez). 2020. Scientific Reports. [published version]