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. BE Blog 👉 www.bde.es/wbe/en/notic...
Does the unemployment rate reflect how much labour is available in the job market? Are all unemployed persons equally ready to work? Our new measure of labour market attachment offers a more accurate indicator of market conditions 👉 www.bde.es/wbe/en/notic... #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, while the average size of price increases or decreases changed only modestly. ➡️ www.bde.es/wbe/en/publi...
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%. ➡️ www.bde.es/wbe/es/publi... #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. www.bde.es/wbe/es/publi... #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. ➡️ www.bde.es/wbe/en/sobre... #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-meeti... #CEBRA26
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 ➡️ www.bde.es/wbe/en/publi... #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 👉 www.bde.es/wbe/en/inici...
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. www.bde.es/wbe/en/publi... #BdeResearch
Next research seminar: Carlos Montes-Galdón (ECB) will be presenting "Deep-pi": A neural network approach to estimate trend inflation" www.bde.es/wbe/en/areas... 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: www.bde.es/wbe/es/notic...
We find a limited contractionary effect on Slovak housing prices and investment, particularly during downturns. We show, within the ChaMP framework, that monetary transmission differs across euro area countries. www.bde.es/wbe/en/publi... #bdeResearch
The Banco de España has published its Analytical Priorities for 2025–2030, outlining the key elements that will guide its research and inform its decision-making. Discover these priorities and the highlighted methodological approaches on the #bdeBlog www.bde.es/wbe/en/inici...
📢 News for researchers: Would you like to analyse the housing market in Spain? Thanks to our collaboration with Registradores de España, you can now carry out your research project at #BELab using #microdata from the Property Registry Statistics (PROP): www.bde.es/wbe/en/estad...
🧐Updates for researchers: Do you want to know which specific securities the main sectors of our economy invest in? You can now carry out your research project at the #BELab using the #Securities Holdings by Sector (SHSS) data ➡️ www.bde.es/wbe/en/para-... #bdeResearch
Since the sovereign debt crisis, Europe’s #politicalpolarization has risen, which could hurt governance. ES, DE, FR: more polarization and more gridlock; Italy diverges. Narrative-based, cross-country indices separately measure polarization and legislative gridlock 👉 www.bde.es/wbe/en/notic...
🧐 Scholarship opportunity by @bde.es! Are you a university graduate or in your final year? Expand your knowledge in #Economics through official postgraduate studies ➡️ www.bde.es/wbe/en/sobre... #bdeResearch #bdeEmpleo
From all of us at @bde-research.bsky.social , we’re sending warm wishes for a joyful holiday season. We will be back on January 7th 2026 for a whole new year filled with exciting research. #BdeResearch
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: www.bde.es/f/webbe/INF/... #bdeResearch
A model comparison shows that energy price shocks—temporary and permanent—are inflationary, though the impact of permanent shocks depends on the model assumptions and monetary policy response, with differences across the US and euro area. www.bde.es/wbe/en/publi... #bdeResearch
Next research seminar: Álvaro Ortiz (BBVA Research) will be presenting “Geopolitics, Geoeconomics and Risk: A Machine Learning Approach” www.bde.es/wbe/en/areas... on December 11, 12:00 CET. #bdeResearch
Uncertainty spreads across borders: using EPU we show that uncertainty in Latin America significantly affects key variables of its main trade and financial partners. www.bde.es/wbe/en/publi... #BdeResearch
Next research seminar: Stefan Gissler (Board of Governors of the Federal Reserve System) will be presenting “Intraday liquidity management and the value of flexibility” on December 10, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
Next research seminar: Lukas Hack (ETH Zurich and University of Mannheim) will be presenting “Progressive Income Taxation and Inflation: The Macroeconomic Effects of Bracket Creep” on December 9, 10:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
Using a hazard model of TLTRO early exit, we find that maturity, pricing, collateral, leverage ratio and our proposed measures of bank liquidity drive demand for long-term central bank operations, linking reserve demand to liquidity regulation. www.bde.es/wbe/en/publi... #BdeResearch
A search-and-matching model shows a core trade-off in family policies: those that raise earnings lower fertility, and those that raise fertility lower earnings. Only promotion subsidies improve both 👉 www.bde.es/wbe/es/publi... #BdeResearch @ruggieriale.bsky.social
Next research seminar: Pamela Giustinelli (Bocconi University) will be presenting “Outcomes, Counterfactuals, and Elicited Beliefs: Evidence from Higher Education Admissions” on December 3, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
Next research seminar: Andreas Fuster (EPFL, Swiss Finance Institute, and CEPR) will be presenting “The Response of Debtors to Rate Changes” on December 2, 12:00 CET. www.bde.es/wbe/en/areas... #bdeResearch
When euro-area governments announce price-related (expansionary) fiscal measures, households perceive higher inflation but an improved labour market outlook. www.bde.es/wbe/es/publi... #bdeResearch
