Javier Villar
Javier Villar
Principal Economist

Javier Villar joined BBVA Research in 2017 as an economist at the Financial Systems Unit.


Between 2008 and 2017, he worked for the European Commission. As a statistician and economists, he performed a number of analyses in the areas of public support to the financial sector, crisis management framework and monetary policy, among others.


Previously, Javier worked for Seminario de Estudios Socioeconómicos Carlos Velasco (Caixanova) and for the Galician Institute of Statistics. He studied Economics and Business Administration in Santiago de Compostela and specialized in European Economics at the College of Europe. Javier is currently enrolled in a PhD programme on Banking and Finance in Santiago de Compostela.

Latest publications

The digital revolution is leading to an increased use of electronic payment instruments; however, cash is still used in 79% of retail payments. This note analyses the factors driving the use of cash for payments across EU countries classified in four categories: access to cash and banking products, degree of digitalisation, macroeconomic environment and cultural factors.
Forbearance aims at relieving the financial burden to borrowers under temporary difficulties. Forbearance measures were widely applied during the crisis sometimes heterogeneously until the EBA harmonised definitions and the treatment of forbearance. In this watch, we discuss the implications of the new accounting regulation and review the latest trends in forbearance.
The global financial crisis revealed that the banks had not got the resources sufficient to handle a recession as far-reaching as it turned out to be, of a magnitude only comparable with the Great Depression of the 1930s. To prevent anything similar from happening again, the G20 sponsored new accounting rules in creating new banking provisions known as IFRS 9.