Rethinking GPR: the Sources of Geopolitical Risk. Banco de España Working Paper, n. 2522, 2025. Irma Alonso, Marina Diakonova, Javier J. Pérez. Media impact: e-axes; SUERF Policy Brief.

Inflation and growth forecast errors and the sacrifice ratio of monetary policy in the euro area. Banco de España Working Paper, n. 2516, 2025. Corinna Ghirelli, Javier J. Pérez, Daniel Santabárbara.

Political polarization in Europe, M Diakonova, C Ghirelli, J J Pérez. Draft available upon request. Media impact of policy version (Box 8 in BdE AR): Business Insider, El Confidencial, El Español, El Comercio, La Razón, La Vanguardia.

How Economic Policy Uncertainty Spreads Across Borders: the Case of Latin America, Erik Andres-Escayola, Luis Molina, Javier J. Pérez, Elena Vidal. Draft available upon request. 

What size can reach the public sector in Europe in the next decade?, Fernando López-Vicente, Javier J. Pérez, Marta Rodríguez-Vives, Juan A. Rojas. Draft available upon request. 

El Niño and La Niña: Revisiting the impact on food commodity prices and euro area consumer prices. International Journal of Central Banking, accepted 21 July 2025. F Borrallo, L Cuadro, C Ghirelli, J J Pérez.

The public-private wage gap in the euro area a decade after the sovereign debt crisis. International Journal of Manpower, June 2025. V Caballero, A L Gómez, C Ghirelli, J J Pérez. Media impact: La Sexta TV, El Confidencial, El Español, Voxpopuli, Xataca, Artículo14, MSN.

The information content of conflict, social unrest and policy uncertainty measures for macroeconomic forecasting. Latin American Journal of Central Banking, December 2024. M Diakonova, L Molina, H Mueller, Javier J Pérez, C Rauh.

Using Newspapers for Textual Indicators: Guidance Based on Spanish- and Portuguese-Speaking Countries, Computational Economics, September 2024. E Andrés-Escayola, C Ghirelli, L Molina, J J Pérez, E Vidal. Media impact: SUERF Policy Brief

The transmission of shocks to food and energy commodity prices to food inflation in the euro area, Applied Economic Letters, June 2024, F Borrallo, L Cuadro-Sáez, Á Gras-Miralles, Javier J Pérez.

The economic impact of conflict-related and policy uncertainty shocks: the case of Russia, International Economics, August 2023. M Diakonova, C Ghirelli, L Molina, Javier J Pérez. Media impact: VoxEU Column

Fiscal targets. A guide to forecasters?, Journal of Applied Econometrics, June/July 2023. J Paredes, Javier J Pérez, G Pérez-Quirós. Media impact: VoxEU Column

Food commodity production and imports in Spain and the EU: how much external autonomy is there? Banco de España Economic Bulletin, 2025/Q2. Article 04. L Cuadro-Saez, J J Pérez, F Vinani.

La economía global entre la geopolítica, la geoeconomía y las megatendencias, Revista Economistas, 188, April 2025. Javier J Pérez.

¿Es posible la estabilidad presupuestaria en el actual contexto de crecientes necesidades de gasto público? Papeles de Economía Española, December 2024. C Marín, D Martínez-López, J J Pérez.

Estimating the contribution of macroeconomic drivers to sovereign bond spreads in the euro area. BdE WP, n. 2408, March 2024, P Burriel, M Delgado-Tellez, C Figueroa, I Kataryniuk, JJ Pérez. Media impact: SUERF Policy Brief, SEFO-FUNCAS

The European fiscal rules and their complexity - a systematic discussion. FinanzArchiv/European Journal of Public Finance, 80, pp. 234-258, July 2024. J del Amo, M Martín, D Martínez, J J Pérez.

La evaluación de las políticas públicas desde una perspectiva macroeconómica en el contexto europeo. Ekonomiaz, 103, pp. 285-299. July 2023. Julia del Amo, Marcos Martín, Javier J. Pérez.

The EU’s Open Strategic Autonomy from a central banking perspective. Challenges to the monetary policy landscape from a changing geopolitical environment. European Central Bank Occasional Paper Series, No 311, March 2023. Demostenes Ioannou and Javier J. Pérez, (co-leads), International Relations Committee Workstream on EU’s Open Strategic Autonomy. Media impact: Panel Fundación Rafael del Pino, Webminar İstanbul Ticaret Üniversitesi, Actualidad Nebrija, reference in Bruegel discussion, CIDOB WS Prospectiva Geopolítica, Reinventing Bretton Woods Committee-BdE WS, ref. EU Council Spanish Presidency 2023.