Published on Thursday, July 3, 2025 | Updated on Thursday, July 3, 2025
Document number 25/08
Big Data techniques used
Spain | The Short Lags of Monetary Policy
Summary
We examine the transmission of monetary policy shocks to the macroeconomy at high frequency. To do this, we build daily consumption and investment aggregates using bank transaction records and leverage administrative data for measures of daily gross output and employment for Spain.
Key points
- Key points:
- Transmission of monetary policy shocks.
- Consumption and Investment.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Documents and files
Authors
BR
BBVA Research
BBVA Research
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