Details about Carlos Thomas

Access statistics for papers by Carlos Thomas.

Last updated 2024-11-07. Update your information in the RePEc Author Service.

Short-id: pth78

Working Papers

2024

1. CBDC and the Operational Framework of Monetary Policy
   CESifo Working Paper Series, CESifo View citations (1)
   Also in BIS Working Papers, Bank for International Settlements (2023) View citations (6)
   Working Papers, Banco de España (2024) View citations (1)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
2. The Term Structure of Interest Rates in a Heterogeneous Monetary Union
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in CESifo Working Paper Series, CESifo (2022) View citations (8)
   Working Papers, Banco de España (2022) View citations (13)
   BIS Working Papers, Bank for International Settlements (2024)

2023

3. Climate-Conscious Monetary Policy
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Working Papers, Banco de España (2023)
   Working Paper Series, European Central Bank (2023) View citations (3)
4. Evaluating central bank asset purchases in a term structure model with a forward-looking supply factor
   Working Papers, Banco de España

2020

5. La respuesta de la política monetaria del Banco Central Europeo frente a la crisis del Covid-19
   Occasional Papers, Banco de España
6. Online Appendix to "When Fiscal Consolidation Meets Private Deleveraging"
   Online Appendices, Review of Economic Dynamics View citations (9)
   See also Journal Article When Fiscal Consolidation Meets Private Deleveraging, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) View citations (10) (2020)
7. Optimal Monetary Policy with Heterogeneous Agents
   CESifo Working Paper Series, CESifo View citations (2)
8. The ECB monetary policy response to the Covid-19 crisis
   Occasional Papers, Banco de España View citations (7)

2019

9. Optimal monetary policy with heterogeneous agents (Updated September 2019)
   Working Papers, Banco de España View citations (5)

2018

10. A large central bank balance sheet? floor vs corridor systems in a new keynesian environment
    Working Papers, Banco de España View citations (2)
    See also Journal Article A large central bank balance sheet? Floor vs corridor systems in a New Keynesian environment, Journal of Monetary Economics, Elsevier (2020) View citations (12) (2020)

2016

11. Monetary Policy and Sovereign Debt Vulnerability
    2016 Meeting Papers, Society for Economic Dynamics View citations (5)
    Also in Working Papers, Banco de España (2015) View citations (10)
12. Policy spillovers and synergies in a monetary union
    Working Paper Series, European Central Bank View citations (25)
    Also in Working Papers, Banco de España (2015) View citations (1)
    See also Journal Article Policy Spillovers and Synergies in a Monetary Union, International Journal of Central Banking, International Journal of Central Banking (2016) View citations (20) (2016)
13. When fiscal consolidation meets private deleveraging
    Working Papers, Banco de España View citations (3)
    See also Journal Article When Fiscal Consolidation Meets Private Deleveraging, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) View citations (10) (2020)

2015

14. Comparing fiscal multipliers across models and countries in Europe
    Working Paper Research, National Bank of Belgium View citations (40)

2014

15. Optimal Monetary Policy with State-Dependent Pricing
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2011) View citations (1)
    Working Papers, Banco de España (2011) View citations (1)
    Working Paper Series, European Central Bank (2010) View citations (1)
    See also Journal Article Optimal Monetary Policy with State-Dependent Pricing, International Journal of Central Banking, International Journal of Central Banking (2014) View citations (7) (2014)
16. Structural reforms in a debt overhang
    Working Papers, Banco de España View citations (26)
    See also Journal Article Structural reforms in a debt overhang, Journal of Monetary Economics, Elsevier (2017) View citations (33) (2017)

2013

17. Bank Leverage Cyles
    2013 Meeting Papers, Society for Economic Dynamics
    Also in Working Paper Series, European Central Bank (2013) View citations (14)
    Working Papers, Banco de España (2012) View citations (4)
    See also Journal Article Bank Leverage Cycles, American Economic Journal: Macroeconomics, American Economic Association (2017) View citations (37) (2017)

2012

18. The impact of fiscal consolidation on economic growth. An illustration for the Spanish economy based on a general equilibrium model
    Occasional Papers, Banco de España View citations (2)

2011

19. Collective bargaining, firm heterogeneity and unemployment
    Working Papers, Banco de España View citations (8)
    See also Journal Article Collective bargaining, firm heterogeneity and unemployment, European Economic Review, Elsevier (2013) View citations (48) (2013)
20. FiMod - a DSGE model for fiscal policy simulations
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (13)
    Also in Working Papers, Banco de España (2011) View citations (9)
    See also Journal Article FiMod — A DSGE model for fiscal policy simulations, Economic Modelling, Elsevier (2012) View citations (104) (2012)
21. House purchase versus rental in Spain
    Working Papers, Banco de España View citations (28)

2010

22. Banking competition, collateral constraints and optimal monetary policy
    Working Papers, Banco de España View citations (27)
    See also Journal Article Banking Competition, Collateral Constraints, and Optimal Monetary Policy, Journal of Money, Credit and Banking, Blackwell Publishing (2013) View citations (19) (2013)
23. Employment fluctuations in a dual labor market
    Working Papers, Banco de España View citations (88)
    See also Journal Article Employment fluctuations in a dual labour market, Economic Bulletin, Banco de España (2010) View citations (18) (2010)

2009

24. Spain in the euro: a general equilibrium analysis
    Working Papers, Banco de España View citations (11)
    See also Journal Article Spain in the Euro: a general equilibrium analysis, SERIEs: Journal of the Spanish Economic Association, Springer (2010) View citations (23) (2010)
25. The impact of oil price changes on Spanish and euro area consumer price inflation
    Occasional Papers, Banco de España View citations (10)
    See also Journal Article The impact of oil price changes on Spanish and euro area consumer price inflation, Economic Modelling, Elsevier (2011) View citations (103) (2011)

2008

26. Labor market reform and price stability: an application to the Euro Area
    Working Papers, Banco de España View citations (10)
    See also Journal Article Labor market reform and price stability: An application to the Euro Area, Journal of Monetary Economics, Elsevier (2009) View citations (105) (2009)
27. Search frictions, real rigidities and inflation dynamics
    Working Papers, Banco de España View citations (20)
    Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2007) View citations (5)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2007) View citations (4)
    See also Journal Article Search Frictions, Real Rigidities, and Inflation Dynamics, Journal of Money, Credit and Banking, Blackwell Publishing (2011) View citations (28) (2011)

2006

28. Search and Matching Frictions and Optimal Monetary Policy
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (12)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2006) View citations (6)
    See also Journal Article Search and matching frictions and optimal monetary policy, Journal of Monetary Economics, Elsevier (2008) View citations (187) (2008)

Journal Articles

2024

1. Evaluating the yield curve effects of central bank asset purchases under a forward-looking supply factor
   European Economic Review, 2024, 165, (C)

2023

2. Monetary Policy and Sovereign Debt Sustainability
   Journal of the European Economic Association, 2023, 21, (1), 293-325 View citations (3)

2022

3. Optimal Redistributive Inflation
   Annals of Economics and Statistics, 2022, (146), 3-63 View citations (5)

2020

4. A large central bank balance sheet? Floor vs corridor systems in a New Keynesian environment
   Journal of Monetary Economics, 2020, 114, (C), 350-367 View citations (12)
   See also Working Paper A large central bank balance sheet? floor vs corridor systems in a new keynesian environment, Working Papers (2018) View citations (2) (2018)
5. When Fiscal Consolidation Meets Private Deleveraging
   Review of Economic Dynamics, 2020, 37, 214-233 View citations (10)
   See also Software Item Code and data files for "When Fiscal Consolidation Meets Private Deleveraging", Computer Codes (2020) (2020)
   Working Paper When fiscal consolidation meets private deleveraging, Working Papers (2016) View citations (3) (2016)
   Working Paper Online Appendix to "When Fiscal Consolidation Meets Private Deleveraging", Online Appendices (2020) View citations (9) (2020)

2019

6. Comparing Fiscal Consolidation Multipliers across Models in Europe
   International Journal of Central Banking, 2019, 15, (3), 285-320 View citations (19)
7. La política monetaria del Eurosistema tras el final de las compras netas de activos
   Boletín Económico, 2019, (MAR)
8. The Eurosystem’s monetary policy following the end of net asset purchases
   Economic Bulletin, 2019, (MAR)

2017

9. Bank Leverage Cycles
   American Economic Journal: Macroeconomics, 2017, 9, (2), 32-72 View citations (37)
   See also Working Paper Bank Leverage Cyles, 2013 Meeting Papers (2013) (2013)
10. El tipo de interés natural: concepto, determinantes e implicaciones para la política monetaria
    Boletín Económico, 2017, (MAR)
11. Structural reforms in a debt overhang
    Journal of Monetary Economics, 2017, 88, (C), 15-34 View citations (33)
    See also Working Paper Structural reforms in a debt overhang, Working Papers (2014) View citations (26) (2014)
12. The natural interest rate: concept, determinants and implications for monetary policy
    Economic Bulletin, 2017, (MAR) View citations (6)

2016

13. Policy Spillovers and Synergies in a Monetary Union
    International Journal of Central Banking, 2016, 12, (3), 219-277 View citations (20)
    See also Working Paper Policy spillovers and synergies in a monetary union, Working Paper Series (2016) View citations (25) (2016)
14. Sinergias entre política monetaria y políticas nacionales en una unión monetaria
    Boletín Económico, 2016, (OCT), 33-41
15. Synergies between monetary policy and national policies in a monetary union
    Economic Bulletin, 2016, (OCT), 3-10

2014

16. Optimal Monetary Policy with State-Dependent Pricing
    International Journal of Central Banking, 2014, 10, (3), 49-94 View citations (7)
    See also Working Paper Optimal Monetary Policy with State-Dependent Pricing, CEPR Discussion Papers (2014) View citations (7) (2014)

2013

17. Banking Competition, Collateral Constraints, and Optimal Monetary Policy
    Journal of Money, Credit and Banking, 2013, 45, (s2), 87-125 View citations (19)
    Also in Journal of Money, Credit and Banking, 2013, 45, (s2), 87-125 (2013) View citations (58)
    See also Working Paper Banking competition, collateral constraints and optimal monetary policy, Working Papers (2010) View citations (27) (2010)
18. Collective bargaining, firm heterogeneity and unemployment
    European Economic Review, 2013, 59, (C), 63-79 View citations (48)
    See also Working Paper Collective bargaining, firm heterogeneity and unemployment, Working Papers (2011) View citations (8) (2011)

2012

19. FiMod — A DSGE model for fiscal policy simulations
    Economic Modelling, 2012, 29, (2), 239-261 View citations (104)
    See also Working Paper FiMod - a DSGE model for fiscal policy simulations, Discussion Paper Series 1: Economic Studies (2011) View citations (13) (2011)
20. La relación entre el grado de centralización de la negociación colectiva y la tasa de desempleo: nuevos resultados
    Boletín Económico, 2012, (FEB), 59-66

2011

21. Search Frictions, Real Rigidities, and Inflation Dynamics
    Journal of Money, Credit and Banking, 2011, 43, (6), 1131-1164 View citations (28)
    Also in Journal of Money, Credit and Banking, 2011, 43, (6), 1131-1164 (2011) View citations (2)
    See also Working Paper Search frictions, real rigidities and inflation dynamics, Working Papers (2008) View citations (20) (2008)
22. The impact of oil price changes on Spanish and euro area consumer price inflation
    Economic Modelling, 2011, 28, (1), 422-431 View citations (103)
    Also in Economic Modelling, 2011, 28, (1-2), 422-431 (2011) View citations (105)
    See also Working Paper The impact of oil price changes on Spanish and euro area consumer price inflation, Occasional Papers (2009) View citations (10) (2009)

2010

23. Employment fluctuations in a dual labour market
    Economic Bulletin, 2010, (APR), 129-137 View citations (18)
    See also Working Paper Employment fluctuations in a dual labor market, Working Papers (2010) View citations (88) (2010)
24. Fluctuaciones del empleo en un mercado de trabajo con contratación dual
    Boletín Económico, 2010, (MAR), 61-69
25. Spain in the Euro: a general equilibrium analysis
    SERIEs: Journal of the Spanish Economic Association, 2010, 1, (1), 67-95 View citations (23)
    See also Working Paper Spain in the euro: a general equilibrium analysis, Working Papers (2009) View citations (11) (2009)
26. Un modelo de equilibrio general (BEMOD) para el análisis de la economía española en la zona del euro
    Boletín Económico, 2010, (JAN), 137-146

2009

27. Labor market reform and price stability: An application to the Euro Area
    Journal of Monetary Economics, 2009, 56, (6), 885-899 View citations (105)
    See also Working Paper Labor market reform and price stability: an application to the Euro Area, Working Papers (2008) View citations (10) (2008)
28. Una aproximación al impacto del precio del petróleo sobre la economía española y la de la zona del euro
    Boletín Económico, 2009, (MAR), 73-82

2008

29. Search and matching frictions and optimal monetary policy
    Journal of Monetary Economics, 2008, 55, (5), 936-956 View citations (187)
    See also Working Paper Search and Matching Frictions and Optimal Monetary Policy, CEP Discussion Papers (2006) View citations (12) (2006)
30. Una primera estimación del impacto económico de una reducción de las cargas administrativas en España
    Boletín Económico, 2008, (JUL), 81-92

Software Items

2020

1. Code and data files for "When Fiscal Consolidation Meets Private Deleveraging"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article When Fiscal Consolidation Meets Private Deleveraging, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) View citations (10) (2020)