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Articles

Perspectivas económicas de EE. UU. tras la llegada de la nueva Administración

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Llos recientes cambios de política impulsados por la nueva AdministraciónTru han generado un shock adverso significativo, cuya magnitud, si no se aborda, se amplificará tanto con el tiempo como a nivel internacional. Los aranceles a la importación provocarán una seria contracción a corto plazo sobre…

Spanish economic activity by institutional sector: Divergent growth since the creation of the euro

The evolution of Spain’s institutional sectors since the creation of the euro reveals significant disparities in output and capital investment. The non-financial corporate sector has driven most of the economic activity, while the current output of households barely reaches maximum 2005 levels and the fall…

Estimating the impact of inflation on Spain’s tax burden: The hidden effects of fiscal drag

Inflation has increased Spain’s tax burden by eroding the real value of tax allowances and pushing taxpayers into higher brackets. The lack of systematic indexation has disproportionately impacted middle-income earners, raising questions about the fairness and sustainability of current fiscal policy.

Cost efficiency in the Spanish banking sector in the face of margin pressures: Contrast between SIs and LSIs

The sharp rise in interest rates since 2021 has driven up operating expenses for Spanish banks, making cost efficiency a key priority in the current context of slowing margin growth. A comparison between significant institutions (SIs) and less significant institutions (LSIs) highlights differences in cost…

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