Publications

The Senate of the Republic approved a resolution mandating that minimum wages be adjusted annually, at least in line with inflation, to prevent the loss of purchasing power and benefit low-income workers.

GDP growth in Spain for 2024 is revised upwards from 1.5 % to 2.1 %. In 2025, the advance would be reduced by 0.5 pp with respect to the previous scenario, to 2.0 %. The need to initiate the adjustment in public accounts and the greater weakness expected in the Eurozone economy explain the deterioration in the outlook.

Timid and less timely countercyclical policies, structural lags and problems of uncertainty for investment are behind the greater decline and the prospects for a slower recovery expected for Mexico.

In this Working Paper we analyze the stabilizing role that economic policies have played during the current COVID-19 crisis in Spain.

This report analyzes the ways to finance this round of fiscal stimulus package and responds to the recent debate of fiscal deficit monetization. The report also makes policy suggestions to maintain Chinese public debt level and financial stability in the long term.

The economic crisis that has accompanied the COVID-19 is markedly different from others that have come before. This has made it difficult to make forecasts, with at least three sources of uncertainty: how much activity is falling, how will economic agents react and how efficient will economic policies be implemented.

An analysis of economic variables and through Big Data is made to quantify the effects of sargassum in the tourist activity of Quintana Roo in 2019. The results do not find solid evidence in this regard, either because it was not a relevant factor or by the success of mitigation actions.

It has become fairly commonplace to talk about the high uncertainty of the global economic scenario, about growth prospects that, whatever they may be, are generally being revised downward or at risk of default biased in that direction.