Policy Work

1. The Propagation of Shocks across the Production Network and Implications for Monetary Policy (with S. Gebauer, A. Nakov, G. Nuño, C. Osbat, A. Palazzolo, G. Paz-Pardo, A. Paulus and M.T. Valderrama). ECB Occasional Paper 392, 2026.
2. Estimating the Growth Potential of the Spanish Economy: A Methodological Review (with R. Domínguez, M. García and R. Veiga). Banco de España Occasional Paper 2604, 2026.
3. CATALIST: A New, Bigger, Better Model for Evaluating Climate Change Transition Risks at Banco de España (with P. Aguilar, S. Hurtado, C. Menéndez and R. Veiga). Banco de España Working Paper 2504, 2025.
4. Exposure of Spanish Firms to Imports of Critical Inputs from China: A Survey-Based Analysis (with I. Balteanu and A. Fernández). Banco de España Economic Bulletin 2024/Q4, Article 02.
5. Navigating a Fragmenting Global Trading System: Insights for Central Banks (with M.G. Attinasi, M. Mancini et al.). ECB Occasional Paper 365, 2024.
6. The Impact of Renewable Energies on Wholesale Electricity Prices Banco de España Economic Bulletin 2024/Q3, Article 09.
7. The Asymmetric Response of Producer Prices to Rising Oil and Gas Prices (with J.E. Gallegos). Banco de España Economic Bulletin 2022/Q4, Box 3.
8. Potential Growth in the Spanish Economy after the Pandemic (with P. Cuadrado, J.M. Montero, M. Izquierdo and E. Moral-Benito). Banco de España Occasional Paper 2208, 2022.
9. Economic Consequences of a Hypothetical Suspension of Russia-EU Trade Banco de España Economic Bulletin 2022/Q2.
10. Local Price Index for Spanish Urban Areas (with V. Forte-Campos and E. Moral-Benito). Banco de España Economic Bulletin 2021/Q3.