Liquidity latest publications

December 17, 2021

Financial Regulation: Weekly Update. December 17, 2021

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

November 2, 2021

Europe | Inflation, inflation

These were the words of Christine Lagarde, when she began to field the round of questions at last Thursday's press conference after the European Central Bank's (ECB) monetary policy meeting — giving the impression that this had been the main topic of discussion.

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.

May 31, 2021

Spain | Corporate debt in the time of COVID-19

Spanish companies are facing the invisible attack of COVID-19 from a position of relative strength after experiencing strong deleveraging over the past decade due to the Global Financial Crisis, which led them to lower their debt from levels of more than 110% of GDP (2008) to 73% (2019).

January 18, 2021

Mexico | Years of great liquidity are coming that will bring opportunities and challenges

The central banks of advanced economies had a timely and decisive reaction to the economic crisis generated by the pandemic. Not only they bring monetary policy rates close to zero, but they implemented the largest injection of liquidity in history.

November 30, 2020

Spain | Evolution of autonomous community financing under the common system, 2002-2018

This Working Paper establishes homogenized series of regional financing, based on homogeneous competencies and fiscal effort, between 2002 and 2018.

September 14, 2020

Global | Monetary policy: from emergency to strategy

The course begins with the hope that the worst of the pandemic and the greatest economic impacts are behind us. The combination of unprecedented monetary and fiscal stimuli has been key to softening the impact of the crisis. With the emergency behind us, central banks are reviewing their strategies.

July 20, 2020

Spain | This Time It's Different

The origins of the country's recession lie not in the accumulation of imbalances in a certain market and the usual subsequent shift in demand, but rather in a pandemic and the restrictions enforced on the supply of goods and services to limit its spread.