Working Papers latest publications
This working paper reviews the available cross-country data on skill levels and educational quality and analyzes their distribution across OECD countries and their strengths and limitations in comparison to years of schooling.
September 7, 2021
Spain | The trend in the common system of autonomous communities financing, 2002-2019
This Working Paper contains homogenized series of regional governments funding constructed on the basis of homogeneous competences at equal fiscal effort from 2002 to 2019.
August 10, 2021
Spain | The 2019 settlement under the common system of autonomous communities financing
This Working Paper analyzes the settlement payment for 2019 under the common system of autonomous communities financing, recently published by the Ministry of Finance.
We describe the Risk-GVAR 1.0, a Global Vector Autoregressive (GVAR) macroeconometric model designed to lend support to the internal stress testing exercises that banks, complying with prudential regulations, perform periodically to assess the adequacy of their current levels of capital.
This paper demonstrates how we use the aggregate information from individual-to-firm and firm-to-firm Garanti BBVA bank transactions to mimic domestic private demand in real time and high frequency, which has been proven to be necessary to react to rapidly changing economic conditions.
July 6, 2021
Spain | The educational level of the Spanish population and regions: update through 2019
Using data from the Spanish Labor Force Survey (EPA), this Working Paper extends through 2019, the annual series of the educational level of the Spanish population and regions produced in de la Fuente and Doménech (2016) for the period 1960-2011.
We offer a novel methodology combining high frequency card transaction data from BBVA and point-of-sale data from cash operations registered at convenience stores from Frogtek by Clarity AI to study changes in consumption patterns relative to variations in income, including changes in items consumed and payment channel.
This Working Paper establishes some preliminary estimates of the funding received by the autonomous communities under the common system during the 2020 financial year, highlighting the differences in the evolution of autonomous financing during the previous crisis.