Details about Enrique Alberola

Workplace:

Banco de España (Bank of Spain), (more information at EDIRC) Bank for International Settlements (BIS), (more information at EDIRC)

Access statistics for papers by Enrique Alberola.

Last updated 2024-05-06. Update your information in the RePEc Author Service.

Short-id: pal76

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Working Papers

2022

1. Debt sustainability and monetary policy: the case of ECB asset purchases
   BIS Working Papers, Bank for International Settlements View citations (6)
2. Fiscal regimes and the exchange rate
   Working Papers, Swiss National Bank View citations (2)
   Also in BIS Working Papers, Bank for International Settlements (2021) View citations (6)

2019

3. Does Informality facilitate Inflation Stability?
   2019 Meeting Papers, Society for Economic Dynamics View citations (8)
   Also in BIS Working Papers, Bank for International Settlements (2019)
   See also Journal Article Does informality facilitate inflation stability?, Journal of Development Economics, Elsevier (2020) View citations (16) (2020)

2018

4. Global imbalances from a stock perspective. The asymmetry between creditors and debtors
   BIS Working Papers, Bank for International Settlements View citations (7)
   See also Journal Article Global imbalances from a stock perspective: The asymmetry between creditors and debtors, Journal of International Money and Finance, Elsevier (2020) View citations (8) (2020)

2017

5. Assessing fiscal policy through the lens of the financial and the commodity price cycles
   BIS Working Papers, Bank for International Settlements View citations (11)
6. Fiscal policy and the cycle in Latin America: The role of financing conditions and fiscal rules
   OECD Development Centre Working Papers, OECD Publishing
   Also in Working Papers, Banco de España (2016) View citations (29)
   See also Journal Article Fiscal Policy and the Cycle in Latin America: the Role of Financing Conditions and Fiscal Rules, Revista ESPE - Ensayos Sobre Política Económica, Banco de la República (2018) View citations (7) (2018)
7. Global imbalances from a stock perspective
   Working Papers, Banco de España View citations (4)
8. Revisiting the Commodity Curse: A Financial Perspective
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (16)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (22)
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (16)
   BIS Working Papers, Bank for International Settlements (2017) View citations (22)
   See also Journal Article Revisiting the commodity curse: A financial perspective, Journal of International Economics, Elsevier (2017) View citations (16) (2017)
   Chapter Revisiting the Commodity Curse: A Financial Perspective, NBER Chapters, National Bureau of Economic Research, Inc (2016) View citations (1) (2016)

2016

9. An index of external positioning for the Spanish economy
   Occasional Papers, Banco de España View citations (1)
10. Output gaps and policy stabilisation in Latin America: the effect of commodity and capital flow cycles
    BIS Working Papers, Bank for International Settlements View citations (8)

2014

11. International Reserves and Gross Capital Flows Dynamics
    Documentos de Discusión FLAR, Fondo Latino Americano de Reservas - FLAR View citations (3)
    See also Journal Article International reserves and gross capital flows dynamics, Journal of International Money and Finance, Elsevier (2016) View citations (50) (2016)

2013

12. Growth beyond imbalances. Sustainable growth rates and output gap reassessment
    Working Papers, Banco de España View citations (14)

2012

13. Boom-bust cycles, imbalances and discipline in Europe
    Working Papers, Banco de España View citations (2)
14. International reserves and gross capital flows. Dynamics during financial stress
    Working Papers, Banco de España View citations (17)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2012) View citations (9)

2011

15. Central banks and macroprudential policy. Some reflections from the Spanish experience
    Occasional Papers, Banco de España View citations (2)

2009

16. Sovereign external assets and the resilience of global imbalances
    Working Papers, Banco de España View citations (5)

2007

17. Equilibrium exchange rates in the new EU members: external imbalances vs. real convergence
    Working Papers, Banco de España View citations (10)
18. Global financial integration, monetary policy and reserve accumulation. Assessing the limits in emerging economies
    Working Papers, Banco de España View citations (10)
19. Local debt expansion... vulnerability reduction? An assessment for six crises-prone countries
    Working Papers, Banco de España View citations (4)

2006

20. Banks, remittances and financial deepening in receiving countries. A model
    Working Papers, Banco de España View citations (8)
21. Debt sustainability and procyclical fical policies in Latin America
    Working Papers, Banco de España View citations (24)
    See also Journal Article Debt Sustainability and Procyclical Fiscal Policies in Latin America, Economía Journal, The Latin American and Caribbean Economic Association - LACEA (2006) View citations (23) (2006)

2005

22. ESPAÑA EN LA UNIÓN MONETARIA Una aproximación a sus costes y beneficios
    Macroeconomics, University Library of Munich, Germany
    See also Book España en la Unión Monetaria. Una aproximación a sus costes y beneficios, Estudios Económicos, Banco de España (1998) (1998)
23. How cyclical do cyclically-adjusted balances remain? An EU study
    Public Economics, University Library of Munich, Germany View citations (1)
    See also Journal Article How cyclical do cyclically-adjusted balances remain? An EU study, Hacienda Pública Española / Review of Public Economics, IEF (2003) View citations (2) (2003)
24. LA EUROPEIZACION DE LA POLITICA MACROECONOMICA
    Public Economics, University Library of Munich, Germany
25. MISALIGNMENT, LIABILITIES DOLLARIZATION AND EXCHANGE RATE ADJUSTMENT IN LATIN AMERICA
    International Finance, University Library of Munich, Germany View citations (13)
    Also in Working Papers, Banco de España (2003) View citations (58)
26. Quo vadis Euro?
    International Finance, University Library of Munich, Germany View citations (32)
27. SAY YOU FIX, ENJOY AND RELAX THE DELETERIOUS EFFECT OF PEG ANNOUNCEMENTS ON FISCAL DISCIPLINE
    International Finance, University Library of Munich, Germany View citations (14)
    Also in Working Papers, Banco de España (2005) View citations (10)
28. WHAT DOES REALLY DISCIPLINE FISCAL POLICY IN EMERGING MARKETS? THE ROLE AND DYNAMICS OF EXCHANGE RATE REGIMES
    International Finance, University Library of Munich, Germany View citations (9)
    Also in Working Papers, Banco de España (2004) View citations (6)
    See also Journal Article What Does Really Discipline Fiscal Policy in Emerging Markets?: the Role and Dynamics of Exchange Rate Regimes, Money Affairs, CEMLA (2003) View citations (4) (2003)

2004

29. Tango with the Gringo: the hard peg and real misalignment in Argentina
    Policy Research Working Paper Series, The World Bank View citations (18)
    Also in Working Papers, Banco de España (2004) View citations (5)

2002

30. The quest for nominal and real convergence through integration in Europe and Latin America
    Working Papers, Banco de España View citations (2)

2000

31. Fiscal Discipline and Exchange Rate Regimes: a Case for Currency Boards?
    Working Papers, Banco de España View citations (10)
32. Global Equilibrium Exchange Rates: Euro, Dollar, "Ins," "Outs," and Other Major Currencies in a Panel Cointegration Framework
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (53)
33. Transmission of Shocks and Monetary Policy in the Euro Area. An Exercise With NiGEM
    Working Papers, Banco de España View citations (1)

1999

34. Internal and External Exchange Rate Equilibrium in a Cointegration Framework. An Application to the Spanish Peseta
    Working Papers, Banco de España View citations (2)
    See also Journal Article Internal and external exchange rate equilibrium in a cointegration framework. An application to the Spanish peseta, Spanish Economic Review, Springer (2001) View citations (17) (2001)
35. On the Relevance and Nature of Regional Inflation Differentials: the Case of Spain
    Working Papers, Banco de España View citations (15)
    Also in Studies on the Spanish Economy, FEDEA View citations (4)

1998

36. Is there Scope for Inflation Differentials in EMU? An Empirical Evaluation of the Balassa-Samuelson Model in EMU Countries
    Working Papers, Banco de España View citations (37)
    Also in Bank of Finland Research Discussion Papers, Bank of Finland (1998)

1997

37. How Do Countries Smooth Regional Disturbances? Risksharing in Spain: 1973-1993
    Working Papers, Banco de España View citations (5)
38. Unemployment Persistence, Central Bank Independence and Inflation Performance in the OECD Countries
    Working Papers, Banco de España
39. When May Peseta Depreciations Fuel Inflation?
    Working Papers, Banco de España View citations (1)

1996

40. Optimal Exchange Rate Targets and Macroeconomic Stabilization
    Working Papers, Banco de España

1992

41. Economic integration and monetary union in Europe or the importance of being earnest: A target-zone approach
    Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Journal Articles

2023

1. Unconventional monetary policy and debt sustainability in Japan
   Journal of the Japanese and International Economies, 2023, 69, (C) View citations (3)

2021

2. Fiscal response to the COVID‐19 crisis in advanced and emerging market economies†
   Pacific Economic Review, 2021, 26, (4), 459-468 View citations (8)

2020

3. Does informality facilitate inflation stability?
   Journal of Development Economics, 2020, 146, (C) View citations (16)
   See also Working Paper Does Informality facilitate Inflation Stability?, 2019 Meeting Papers (2019) View citations (8) (2019)
4. Global imbalances from a stock perspective: The asymmetry between creditors and debtors
   Journal of International Money and Finance, 2020, 107, (C) View citations (8)
   See also Working Paper Global imbalances from a stock perspective. The asymmetry between creditors and debtors, BIS Working Papers (2018) View citations (7) (2018)
5. Micro data and the exchange rate pass-through to prices and trade
   Journal of International Money and Finance, 2020, 106, (C)

2018

6. Fiscal Policy and the Cycle in Latin America: the Role of Financing Conditions and Fiscal Rules
   Revista ESPE - Ensayos Sobre Política Económica, 2018, 36, (85), 101-116 View citations (7)
   Also in Revista ESPE - Ensayos sobre Política Económica, 2018, 36, (85), 101-116 (2018) View citations (13)
   See also Working Paper Fiscal policy and the cycle in Latin America: The role of financing conditions and fiscal rules, OECD Development Centre Working Papers (2017) (2017)

2017

7. Output gaps and stabilisation policies in Latin America: The effect of commodity and capital flow cycles
   Revista ESPE - Ensayos Sobre Política Económica, 2017, 35, (82), 40-52
   Also in Revista ESPE - Ensayos sobre Política Económica, 2017, 35, (82), 40-52 (2017)
8. Revisiting the commodity curse: A financial perspective
   Journal of International Economics, 2017, 108, (S1), S87-S106 View citations (16)
   See also Chapter Revisiting the Commodity Curse: A Financial Perspective, NBER Chapters, 2016 (2016) View citations (1) (2016)
   Working Paper Revisiting the Commodity Curse: A Financial Perspective, NBER Working Papers (2017) View citations (22) (2017)

2016

9. International reserves and gross capital flows dynamics
   Journal of International Money and Finance, 2016, 60, (C), 151-171 View citations (50)
   See also Working Paper International Reserves and Gross Capital Flows Dynamics, Documentos de Discusión FLAR (2014) View citations (3) (2014)

2014

10. Growth and imbalances in Spain: a reassessment of the output gap
    SERIEs: Journal of the Spanish Economic Association, 2014, 5, (2), 333-356 View citations (7)

2013

11. La evolución de la inversión directa española en América Latina
    Boletín Económico, 2013, (JUN), 61-69
12. Una comparación de las crisis de deuda en América Latina y la zona euro
    Boletín, 2013, LIX, (1), 8-17

2012

13. El papel de las reservas internacionales en los períodos de inestabilidad financiera
    Boletín Económico, 2012, (JUL), 117-126

2011

14. Los desequilibrios globales y el reequilibrio de la economía mundial
    Boletín Económico, 2011, (MAY), 75-86

2009

15. Crisis económica y financiera, respuestas de política y su impacto sobre las finanzas públicas. Una perspectiva global
    Boletín Económico, 2009, (MAY), 85-106 View citations (1)
    Also in Boletín, 2009, LV, (2), 58-73 (2009)
16. Reservas internacionales, fondos de riqueza soberana y la persistencia de los desequilibrios globales
    Boletín Económico, 2009, (JAN), 117-130
17. The economic and financial crisis, policy responses and their impact on public finances. A global perspective
    Economic Bulletin, 2009, (JUL), 159-178

2008

18. Commodities, inflation and monetary policy: a global perspective
    Economic Bulletin, 2008, (JUL), 94-110
19. Equilibrium Exchange Rates in New EU Members: External Imbalances versus Real Convergence
    Review of Development Economics, 2008, 12, (3), 605-619 View citations (3)
20. Materias primas, inflación y políticas monetarias. Una perspectiva global
    Boletín Económico, 2008, (JUN), 111-129
21. Reserves, Sovereign Wealth Funds and the Resilience of Global Imbalances
    Economic Notes, 2008, 37, (3), 315-343 View citations (2)
22. Turbulencia financiera y perspectivas para las economías emergentes
    Boletín Económico, 2008, (MAY), 81-93

2007

23. Deuda en moneda local y reducción de la vulnerabilidad financiera en las economías emergentes
    Boletín Económico, 2007, (OCT), 135-148
24. La recuperación del crédito bancario en América Latina
    Boletín Económico, 2007, (FEB), 71-85
25. Las remesas de emigrantes y el papel de la banca en la profundización financiera de los países receptores
    Boletín, 2007, LIII, (1), 17-25
    Also in Boletín Económico, 2006, (OCT), 130-141 (2006)
26. Say you fix, enjoy and relax. The deleterious effect of peg announcements on fiscal discipline in emerging markets
    Emerging Markets Review, 2007, 8, (4), 328-338
27. Una evaluación de los límites a la acumulación de reservas en las economías emergentes
    Boletín Económico, 2007, (APR), 131-144

2006

28. Comments on S. Edwards: “Monetary unions, external shocks and economic performance: a Latin American perspectiveâ€\x9D
    International Economics and Economic Policy, 2006, 3, (3), 259-264
29. Debt Sustainability and Procyclical Fiscal Policies in Latin America
    Economía Journal, 2006, Volume 7 Number 1, (Fall 2006), 157-193 View citations (23)
    See also Working Paper Debt sustainability and procyclical fical policies in Latin America, Working Papers (2006) View citations (24) (2006)
30. La sostenibilidad de la deuda pública y el carácter procíclico de las políticas fiscales en América Latina
    Boletín Económico, 2006, (MAY), 65-75

2005

31. Impacto fiscal del anuncio de regímenes cambiarios en los países emergentes
    Boletín Económico, 2005, (OCT), 125-134

2004

32. Tipo de cambio fijo y relajación de la restricción presupuestaria en las economías emergentes
    Boletín Económico, 2004, (FEB), 47-52
33. Una valoración de las perspectivas a medio plazo para América Latina
    Boletín Económico, 2004, (JUL), 99-110

2003

34. How cyclical do cyclically-adjusted balances remain? An EU study
    Hacienda Pública Española / Review of Public Economics, 2003, 166, (3), 151-181 View citations (2)
    See also Working Paper How cyclical do cyclically-adjusted balances remain? An EU study, Public Economics (2005) View citations (1) (2005)
35. La crisis argentina, un año después
    Boletín Económico, 2003, (FEB), 45-51
36. The Argentine crisis a year on
    Economic Bulletin, 2003, (APR), 67-72
37. Tipos de cambio de equilibrio, dolarización de pasivos y ajuste cambiario en América Latina
    Boletín Económico, 2003, (NOV), 59-65
38. What Does Really Discipline Fiscal Policy in Emerging Markets?: the Role and Dynamics of Exchange Rate Regimes
    Money Affairs, 2003, XVI, (2), 165-192 View citations (4)
    See also Working Paper WHAT DOES REALLY DISCIPLINE FISCAL POLICY IN EMERGING MARKETS? THE ROLE AND DYNAMICS OF EXCHANGE RATE REGIMES, International Finance (2005) View citations (9) (2005)

2002

39. Hacia la convergencia a través de la integración. Un análisis comparado entre Europa y América Latina
    Boletín Económico, 2002, (JUL), 63-71

2001

40. Internal and external exchange rate equilibrium in a cointegration framework. An application to the Spanish peseta
    Spanish Economic Review, 2001, 3, (1), 23-40 View citations (17)
    See also Working Paper Internal and External Exchange Rate Equilibrium in a Cointegration Framework. An Application to the Spanish Peseta, Working Papers (1999) View citations (2) (1999)
41. Los países aspirantes al ingreso en la UE. Estrategias de convergencia
    Boletín Económico, 2001, (JAN), 63-73
42. On the Evolution of Relative Prices and Its Nature at the Regional Level: The Case of Spain
    Journal of Regional Science, 2001, 41, (3), 451-474 View citations (7)

2000

43. Asimetrías de la economía española en el contexto de la UEM, según el modelo NIGEM
    Boletín Económico, 2000, (MAR), 35-39
44. Disciplina fiscal y regímenes cambiarios en las economías emergentes
    Boletín Económico, 2000, (SEP), 45-50
45. Interpreting inflation differentials in the euro area
    Economic Bulletin, 2000, (APR), 61-70 View citations (13)
46. La interpretación de los diferenciales de inflación en la Unión Monetaria
    Boletín Económico, 2000, (APR), 67-76
47. When may depreciations fuel inflation? An application to the Spanish case
    Applied Economics, 2000, 32, (8), 1037-1049 View citations (1)

1999

48. Diferenciales interregionales de inflación y sus implicaciones para la Unión Monetaria
    Boletín Económico, 1999, (JUL), 79-82
49. Is there scope for inflation differentials in EMU?
    Economic Bulletin, 1999, (JAN), 69-73 View citations (5)

Books

2022

1. Central bank digitalcurrencies in Africa
   BIS Papers, Bank for International Settlements
2. Covid-19 and the monetary-fiscal policy nexus in Africa
   BIS Papers, Bank for International Settlements View citations (1)

1998

3. España en la Unión Monetaria. Una aproximación a sus costes y beneficios
   Estudios Económicos, Banco de España
   See also Working Paper ESPAÑA EN LA UNIÓN MONETARIA Una aproximación a sus costes y beneficios, Macroeconomics, University Library of Munich, Germany (2005) (2005)

Edited books

2024

1. Fiscal Policy in a Turbulent Era
   Books, Edward Elgar Publishing

Chapters

2024

1. Introduction: the transformation of fiscal policy in the turbulent era
   Chapter 1 in Fiscal Policy in a Turbulent Era, 2024, pp 1-20
2. Low interest rates, monetary policy and the close links with fiscal policy
   Chapter 4 in Fiscal Policy in a Turbulent Era, 2024, pp 58-72

2016

3. Revisiting the Commodity Curse: A Financial Perspective
   A chapter in NBER International Seminar on Macroeconomics 2016, 2016 View citations (1)
   See also Working Paper Revisiting the Commodity Curse: A Financial Perspective, National Bureau of Economic Research, Inc (2017) View citations (22) (2017)
   Journal Article Revisiting the commodity curse: A financial perspective, Elsevier (2017) View citations (16) (2017)

2008

4. Assessing the Sustainability of External Positions in New EU Member States
   Chapter 17 in Currency and Competitiveness in Europe, 2008
5. Local debt expansion and vulnerability reduction: an assessment for six crisis-prone countries
   A chapter in New financing trends in Latin America: a bumpy road towards stability, 2008, vol. 36, pp 88-109 View citations (3)