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Spain’s housing and mortgage markets

31 January 2024


Despite an adverse economic climate, house price growth is proving resilient in Spain, fuelled by wholesale and non-resident demand, in addition to retail and residential demand, eroding affordability metrics. Focusing resources on enhancing access to affordable, quality housing, fostering an efficient rental market and increasing housing supply could help to curb this trend and facilitate more equitable access to housing.

Autores: Carbó Valverde, Santiago, Rodríguez Fernández, Francisco

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Income, savings and household wealth in Spain: 21st century transformation


Spanish households and their finances have undergone major structural transformation since the start of the century. These changes should be taken into consideration to ensure proper public policy design.

Autores: Asensio, Marina, García, Marina, Manzano, Daniel

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Outlook for the Spanish economy in 2024-2025: Navigating an uncertain international backdrop


Compared to its European peers, the Spanish economy has weathered the inflationary storm and geopolitical tensions of recent years relatively well, buoyed by its strong competitive positioning. In the near-term, however, a slowdown is anticipated in light of the weak external environment and contractionary turn in macroeconomic policy, with fiscal dynamics remaining a key vulnerability.

Autores: Fernández, María Jesús, Gómez Díaz, Fernando, Torres, Raymond

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Europe’s new regime for macroeconomic policy coordination: A first look


In the last days of its rotating presidency, the Spanish government successfully led negotiations in the Council of the European Union to agreement on a new regime for macroeconomic policy coordination. Once agreed by the European Parliament, the new framework will significantly increase national ownership of fiscal consolidation, while at the same time easing the path of adjustment in comparison with the framework it replaces.

Autores: Jones, Erik

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Big data para políticas inteligentes: política económica en tiempo real y alta definición

29 January 2024


En este artículo presentamos ejemplos del impacto heterogéneo de la inflación a través de diferentes canales en la economía de las familias, la identificación y velocidad de transmisión de los shocks de política monetaria y la desigualdad de la huella de carbono de las familias.

Autores: Ortiz, Álvaro, Rodrigo, Tomasa

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