Details about Enrique Alberola

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Workplace:	Bank for International Settlements (BIS), (more information at EDIRC) Representative Office for the Americas, Bank for International Settlements, (more information at EDIRC)

Access statistics for papers by Enrique Alberola.

Last updated 2021-03-11. Update your information in the RePEc Author Service.

Short-id: pal76

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Working Papers

2019

1. 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 in Journal of Development Economics (2020)

2018

2. 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 in Journal of International Money and Finance (2020)

2017

3. Assessing fiscal policy through the lens of the financial and the commodity price cycles
   BIS Working Papers, Bank for International Settlements View citations (5)
4. 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 (26)
   See also Journal Article in Revista ESPE - Ensayos sobre Política Económica (2018)
5. Global imbalances from a stock perspective
   Working Papers, Banco de España View citations (4)
6. Revisiting the Commodity Curse: A Financial Perspective
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (15)
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (15)
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (15)
   NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (15)
   BIS Working Papers, Bank for International Settlements (2017) View citations (15)
   See also Journal Article in Journal of International Economics (2017)
   Chapter (2016)

2016

7. An index of external positioning for the Spanish economy
   Occasional Papers, Banco de España View citations (1)
8. 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 (7)

2014

9. International Reserves and Gross Capital Flows Dynamics
   Documentos de Discusión FLAR, Fondo Latino Americano de Reservas - FLAR View citations (3)
   See also Journal Article in Journal of International Money and Finance (2016)

2013

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

2012

11. Boom-bust cycles, imbalances and discipline in Europe
    Working Papers, Banco de España View citations (2)
12. 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

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

2009

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

2007

15. Equilibrium exchange rates in the new EU members: external imbalances vs. real convergence
    Working Papers, Banco de España View citations (8)
16. Global financial integration, monetary policy and reserve accumulation. Assessing the limits in emerging economies
    Working Papers, Banco de España View citations (10)
17. Local debt expansion... vulnerability reduction? An assessment for six crises-prone countries
    Working Papers, Banco de España View citations (4)

2006

18. Banks, remittances and financial deepening in receiving countries. A model
    Working Papers, Banco de España View citations (8)
19. Debt sustainability and procyclical fical policies in Latin America
    Working Papers, Banco de España View citations (24)
    See also Journal Article in Economía Journal (2006)

2005

20. ESPAÑA EN LA UNIÓN MONETARIA Una aproximación a sus costes y beneficios
    Macroeconomics, University Library of Munich, Germany
    See also Book (1998)
21. How cyclical do cyclically-adjusted balances remain? An EU study
    Public Economics, University Library of Munich, Germany View citations (1)
    See also Journal Article in Hacienda Pública Española / Review of Public Economics (2003)
22. LA EUROPEIZACION DE LA POLITICA MACROECONOMICA
    Public Economics, University Library of Munich, Germany
23. 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 (51)
24. Quo vadis Euro?
    International Finance, University Library of Munich, Germany View citations (32)
25. SAY YOU FIX, ENJOY AND RELAX THE DELETERIOUS EFFECT OF PEG ANNOUNCEMENTS ON FISCAL DISCIPLINE
    International Finance, University Library of Munich, Germany View citations (13)
    Also in Working Papers, Banco de España (2005) View citations (10)
26. 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 in Money Affairs (2003)

2004

27. 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

28. The quest for nominal and real convergence through integration in Europe and Latin America
    Working Papers, Banco de España View citations (3)

2000

29. Fiscal Discipline and Exchange Rate Regimes: a Case for Currency Boards?
    Working Papers, Banco de España View citations (10)
30. 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)
31. Transmission of Shocks and Monetary Policy in the Euro Area. An Exercise With NiGEM
    Working Papers, Banco de España View citations (1)

1999

32. 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 in Spanish Economic Review (2001)
33. 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

34. 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 (36)

1997

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

1996

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

1992

39. 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

2020

1. Does informality facilitate inflation stability?
   Journal of Development Economics, 2020, 146, (C) View citations (7)
   See also Working Paper (2019)
2. Global imbalances from a stock perspective: The asymmetry between creditors and debtors
   Journal of International Money and Finance, 2020, 107, (C) View citations (6)
   See also Working Paper (2018)
3. Micro data and the exchange rate pass-through to prices and trade
   Journal of International Money and Finance, 2020, 106, (C)

2018

4. 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 (10)
   Also in Revista ESPE - Ensayos Sobre Política Económica, 2018, 36, (85), 101-116 (2018) View citations (5)
   See also Working Paper (2017)

2017

5. 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)
6. Revisiting the commodity curse: A financial perspective
   Journal of International Economics, 2017, 108, (S1), S87-S106 View citations (15)
   See also Working Paper (2017)
   Chapter (2016)

2016

7. International reserves and gross capital flows dynamics
   Journal of International Money and Finance, 2016, 60, (C), 151-171 View citations (39)
   See also Working Paper (2014)

2014

8. 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 (6)

2013

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

2012

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

2011

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

2009

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

2008

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

2007

21. Deuda en moneda local y reducción de la vulnerabilidad financiera en las economías emergentes
    Boletín Económico, 2007, (OCT), 135-148
22. La recuperación del crédito bancario en América Latina
    Boletín Económico, 2007, (FEB), 71-85
23. 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)
24. 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
25. Una evaluación de los límites a la acumulación de reservas en las economías emergentes
    Boletín Económico, 2007, (APR), 131-144

2006

26. 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
27. 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 (2006)
28. La sostenibilidad de la deuda pública y el carácter procíclico de las políticas fiscales en América Latina
    Boletín Económico, 2006, (MAY), 65-75

2005

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

2004

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

2003

32. 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 (2005)
33. La crisis argentina, un año después
    Boletín Económico, 2003, (FEB), 45-51
34. The Argentine crisis a year on
    Economic Bulletin, 2003, (APR), 67-72
35. Tipos de cambio de equilibrio, dolarización de pasivos y ajuste cambiario en América Latina
    Boletín Económico, 2003, (NOV), 59-65
36. 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 (3)
    See also Working Paper (2005)

2002

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

2001

38. 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 (1999)
39. Los países aspirantes al ingreso en la UE. Estrategias de convergencia
    Boletín Económico, 2001, (JAN), 63-73
40. 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

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

1999

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

Books

1998

1. España en la Unión Monetaria. Una aproximación a sus costes y beneficios
   Estudios Económicos, Banco de España
   See also Working Paper (2005)

Chapters

2016

1. Revisiting the Commodity Curse: A Financial Perspective
   A chapter in NBER International Seminar on Macroeconomics 2016, 2016 View citations (1)
   See also Journal Article in Journal of International Economics (2017)
   Working Paper (2017)

2008

2. Assessing the Sustainability of External Positions in New EU Member States
   Chapter 17 in Currency and Competitiveness in Europe, 2008
3. 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)