Economy
The objective of this research unit is to disseminate the analysis and knowledge of the investigations carried out in different movements of the economy, which encompasses different thematic areas: Public economy; Markets, regulation and competition; OFEI; Sector studies; Energy and environment; Health economics and policies; Macroeconomics and International Trade and Economy.
Highlighted
Artículo
Digitalisation of Spanish companies: An EU comparison
Fecha:
February 2023
In contrast to the Spanish economy’s relatively low productivity levels, overall, Spanish companies are relatively highly digitalised. However, a high percentage of Spanish companies use digital technology to control worker performance (relative to alternative uses in companies
in more productive countries) and have relatively low levels of organisational capital
(complementary to digital capital).
Artículo
The global economy in times of polycrisis
Fecha:
February 2023
2022 was characterised by uncertainty, economic and financial markets volatility, and most
importantly, an acceleration in the regime shift in which the global economy is immersed.
Although many questions remain unanswered, 2023 should shed some more light on
key future international economic trends, with the search for a new equilibrium in prices, economic policy and geopolitics the main variables to watch.
Artículo
Managing the risks of quantitative tightening in the euro area
Fecha:
February 2023
Recent quantitative tightening decisions undertaken by the ECB are important to reduce surplus liquidity and improve the functioning of the monetary transmission mechanism in the euro area. Nevertheless, they pose important risks for commercial banks, central banks, government finances, and the ECB itself.
Artículo
Monetary policy 2023 and interest rate increases: Outlook and impact
Fecha:
February 2023
The monetary policy roadmap for 2023 will continue to prioritize the fight against inflation, with successive official rate increases at least for much of the year, although accompanied by a slower increase in EURIBOR. Within this context, the banks will continue to play a key role in credit provision to the economy, yet while they could face improved income prospects, notable challenges exist within the prevailing uncertain climate.