Macroeconomía
Destacados
Revista
From Washington to Beijing: Challenges for Europe in a Fractured System
Fecha:
septiembre 2025
Revista
De Washington a Pekín: Desafíos para Europa ante un sistema fracturado
Fecha:
septiembre 2025
Artículo
The ECB’s next challenge: Monetary policymaking in an age of uncertainty
Fecha:
julio 2025
With inflation falling and rates now below peak, the ECB has entered a new phase of policymaking focused less on neutrality and more on agility. In an increasingly volatile global environment, credibility and adaptability, rather than pre-set trajectories, will define the path forward.
Changes in Housing and Mortgage Markets and the Transmission Channel of Monetary Policy
Fecha:
julio 2025
This study first documents changes in housing and mortgage markets. Then it analyzes their implications for monetary policy transmission. The main facts are shown for Spain but apply to most OECD economics. Following the financial crisis that began in 2009, there have been a permanent fall in the percentage of individuals owning their own homes, especially for younger groups of the population.