Publications

This working paper analyzes the short-term effects of floods on employment in Spain. Using a dynamic spatial model and data from the 2024 DANA in Valencia, it shows that impacts are non-linear and that financial assistance accelerates labor market recovery.

This working paper analyzes the employment effects of renewable energy deployment in Spain. Combining administrative data and LFS microdata, it estimates that solar and wind investments generate substantial provincial employment gains, along with significant spillover effects in other regions.

The allocation of Recovery Plan funds reaches 75% of the planned transfers, but the pace of execution has slowed down recently. The limited deployment of loans has led the Government to reduce the committed amount, requiring an acceleration to meet the deadlines.

Inaction on climate change implies a negative impact on potential GDP through capital, labor, and productivity. However, an orderly transition and effective adaptation strategies could generate a positive economic boost in the long run, despite the high uncertainty.

Inaction on climate change represents a negative supply shock that reduces global potential GDP. However, an orderly green transition and effective adaptation strategies can become a long-term tailwind for economic growth and productivity.

Carbon capture and storage is essential to decarbonize hard-to-abate sectors. Although it is not currently profitable compared to emission prices, costs are expected to decrease with scale and policy support, generating long-term net social benefits.

Presentamos la distribución de las emisiones de gases de efecto invernadero del consumo de los hogares españoles atendiendo a su nivel de gasto, edad, o género y distinguiendo diferentes tipos de bienes y servicios. Este análisis es posible combinando datos oficiales, la metodología Input-Output y los datos BBVA.