Searcher
Miguel Jiménez
Miguel Jiménez
Lead Economist
Spain

He works at BBVA Research since 2007, where hecurrently leads the unit of Global Macroeconomic Scenarios. He previously worked in the Economics Departmentof the OECD, where he dealt with macroeconomic analysis in the Spanish, Swiss and Greek desks and worked on issues such as labour markets, pensionsystems, immigration and competition policy.

He holds a degree in Economics from the UniversidadAutónoma de Madrid, a Masters degree in Public Spending from the Institute ofFiscal Studies and a PhD in Economics from the European University Institute in Florence.

He was also a lecturer in Economics at the EuropeanUniversity of Madrid. He has published in international academic journals, andcollaborates periodically with the Spanish economics press.

Latest publications

Today’s wait and watch policy meeting suggests that the ECB will stay put in the short to medium-run regarding monetary policy, awaiting better clarity on the evolution of the pandemic, the recovery and financial conditions, while continuing to use the PEPP with high flexibility, preserving favourable financing conditions.
The global economy has been pushed and pulled between two opposing forces: the brutal shock of the pandemic and the overwhelming response of both monetary and fiscal economic policies. This will continue in 2021.
Beyond the human tragedy of COVID-19, 2020 has left us with a long list of economic consequences for the future. They are not all negative. The most obvious consequence is the severe recession, with global GDP expected to decrease by more than 2.5%, which is a bigger decrease than that of the 2009 financial crisis (-1.7%).