Searcher
Jose Felix Izquierdo
Jose Felix Izquierdo
Principal Economist
Madrid

Jose Felix Izquierdo is Principal Economist in the Financial Systems Unit at BBVA Research by the quantitative analysis and econometric modeling of the main variables of the financial systems in Spain and South America.


Previously to this position, José Félix Izquierdo was Economist in the areas of Spain, Europe, the OECD, and Methodologies and Modeling of BBVA Research, was Economist at the Department of Economic Analysis of Red Eléctrica de España (REE), and Economist in the consulting Predyco SL.


He obtained the Degree in Quantitative Economics in 1985 at Universidad Complutense de Madrid, and an MsC in Econometrics and Time Series at Centro de Formación del Banco de España in 1987. He is the author of several publications of economic and financial papers published in specialized magazines and contributor to financial press.

Latest publications

Spanish households have weathered the current cycle of rising interest rates considerably better than on previous occasions due to the strength of the labor market and the improvement in nominal gross income, despite the spike in inflation.
The main banking indicators for the first half of 2023 are now public, revealing a reduction in credit and deposits, but a significant rise in interest rates on loans compared to a very timid increase in interest rates on deposits.
At the dawn of a possible new crisis derived from inflationary pressures, it is worth asking how Spanish households are doing in terms of their balance sheet of financial assets and liabilities, and whether we should be concerned about rising interest rates.