Artículos
Page 106 of 1351
The strategic complementarity between competition and industrial policy
31 enero 2024
Despite broad-based agreement within economic circles regarding the drawbacks related to the application of industrial policies, recent global challenges have reopened the debate over their potential benefits. If public sector intervention is indeed necessary, it should be aligned to encourage competition and innovation.
Autores: Asensio, Javier, Ganuza, Juan José
Etiquetas: Industrial policy
CoCos and bank resolution: Overcoming March stigma
Given the fact that they are considered loss absorbing instruments in the event of resolution, CoCos have emerged as a very important barometer for measuring confidence in the banking system. Although the bail-in of CoCos during the rescue of Credit Suisse created a stigma that prompted the global CoCo market to collapse, the market has recovered in recent months, marked by a significant rebound in prices and, above all, in issuance activity.
Autores: Berges, Ángel, Jiménez, Salvador
Etiquetas: Convertible bonds
Spain’s housing and mortgage markets
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
Etiquetas: Housing Market
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
Etiquetas: Spanish households
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
Etiquetas: Spanish economy
Page 106 of 1351