Searcher
Miguel Cardoso
Miguel Cardoso
Chief Economist
Madrid

Miguel Cardoso is Chief Economist for Spain at BBVA Research, where he leads a team of 13 economists dedicated to the macroeconomic, sector and regional analysis of the Spanish economy. At BBVA Research he has also held positions as Chief Economist for Chile, and Senior Economist for Emerging Markets.


Previously, he was an Assistant Professor (on tenure track) at the Department of Economics of Universidad Carlos III de Madrid, and worked also as an Advisor to the Director General of Fiscal Planning in the Ministry of Finance and Public Credit in Mexico.


He earned a Ph.D. in Economics from the University of Minnesota in the U.S., and a BA in Economics from the Instituto Tecnológico Autónomo de México (ITAM). He has authored several publications, with some of his main areas of research being the amplification mechanisms of business cycles, the characteristics of the crisis in Spain and its regional impact, as well as the impact of public policies on the determinants of export capacity, public finance and the labor market.

Latest publications

Activity data reflect a negative balance for the last few months and, although inflation may have reached a turning point, this context of weak activity and rising prices poses a huge challenge for public policies.
The reform of the Foreigners' Regulation may be a step forward in allowing companies to access human capital, easing the restrictions imposed on the Spanish economy by the expected drop in population and the mismatch between demand and supply in some parts of the labor market.
Young Spaniards emancipate at the age of 30, some three years later than the European average. One of the main reasons for this delay is related to the difficulty of accessing low-cost housing in a location that meets the preferences of recent graduates.