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We study the transmission of monetary policy shocks using daily consumption, corporate sales and employment series. We find that the economy responds at both short and long lags that are variable in economically significant ways.
This Working Paper briefly describes the latest update of RegData, a database that collects the main economic and demographic aggregates of Spanish regions over the last six decades. For the most part, the series start in 1950 or 1955 and extend until 2021.
Türkiye has the lowest female labor force participation rate amongst OECD members, where women constituted almost half of the male labor force participation. We compute a Conservatism Index to confirm that regions in Türkiye with higher conserv…
This Working Paper analyses σ−convergence and absolute β−convergence in human capital indicators in a sample of 140 countries from 1970 to 2020, and to what extent human capital may have contributed to the convergence in GDP per capita observed…
Türkiye is integrated along the GVCs with strong backward and forward linkages, while searching for new opportunities in international trade. We devise an export diversification strategy to detect products and sectors that could be attained wit…
This Working Paper contains homogenized series of regional funding in Spain, constructed on the basis of homogeneous competences at equal fiscal effort from 2002 to 2020.
This Working Paper offers rigorous statistical evidence on the influence of the reduction in mobility, derived from the COVID-19 pandemic, on the concentration levels of pollutants that affect air quality in the Metropolitan Area of the Valley of Mexico.
This Working Paper analyzes the settlement of the financing system of the autonomous communities under the common regime for 2020, which has recently been made public by the Ministry of Finance.
This Working Paper briefly describes the latest update of the sectoral module of the RegData FEDEA-BBVA, with the main Regional Accounts Indicators.
We presented the results of a Randomized Control Test (RCT) to people who received nudges through SMS in order to promote financial health variables. The target population was about 95,000 people in two age groups: 27 to 38 and 39 to 56 years o…
We construct five sentiment measures based on the GDELT database, representing the Tone, Optimism, Attention, Tone Dispersion, and Emotional Polarity of Chinese stock markets. All these news media sentiment measures are shown to have significant predictive power for Chinese stock market returns and volatilities.
This new Working Paper analyzes the trend in regional revenues and expenditure, including the sector’s budget balance and its debt position from 2003 through to the present day.
