Publications

Here are all of our publications listed chronologically. You can also find the publications relating to single geography under “Publications by geography” or narrow down your search using the “Advanced filter”.

Latest publications on Economic cycle

Spain | Determining Factors of the Economic Cycle in 2018

March 12, 2019

In this Watch, the structural factors that allow us to explain the cyclical behavior of the Spanish economy during 2018 are evaluated, and the impact of the main changes affecting GDP and, in particular, the foreign sector is analyzed.

Eurozone | A measure of supercore inflation for the eurozone

December 5, 2018

We develop a supercore inflation measure following the methodology proposed by the ECB that provides an early indication of turning points in underlying inflation. The measure is built for the Eurozone as a whole and for its large economies. Results show that inflation pressures are moderating in the euro area with diverging trends for core and periphery countries.

A pro-cyclical fiscal policy

July 23, 2018

One of the most important public services provided by the State is to insure against risks. Access to education, health care or unemployment benefits means that, during a recession, the most vulnerable households do not reduce their consumption as much. In addition to giving people stability, fiscal policy also allows smoothing of the economic cycle.

Causes of change in inequality of consumption

December 4, 2017

Inequality in Spanish household income has increased during the crisis. However, in terms of consumption, inequality decreased. Accordingly, while wealthier families reduced spending by 17.2% between 2007 and 2015, those economically disadvantaged reduced it only by 7.6%.

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