Details about Carlos Thomas

Access statistics for papers by Carlos Thomas.

Last updated 2022-08-19. Update your information in the RePEc Author Service.

Short-id: pth78

Working Papers

2022

1. The Term Structure of Interest Rates in a Heterogeneous Monetary Union
   CESifo Working Paper Series, CESifo
   Also in Working Papers, Banco de España (2022) View citations (4)

2020

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

2019

6. Optimal monetary policy with heterogeneous agents (Updated September 2019)
   Working Papers, Banco de España View citations (4)

2018

7. 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 in Journal of Monetary Economics (2020)

2016

8. 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)
9. Policy spillovers and synergies in a monetary union
   Working Paper Series, European Central Bank View citations (22)
   See also Journal Article in International Journal of Central Banking (2016)
10. When fiscal consolidation meets private deleveraging
    Working Papers, Banco de España View citations (3)
    See also Journal Article in Review of Economic Dynamics (2020)

2015

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

2014

12. Optimal Monetary Policy with State-Dependent Pricing
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in Working Paper Series, European Central Bank (2010) View citations (1)
    Working Papers, Banco de España (2011) View citations (1)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2011) View citations (1)
    See also Journal Article in International Journal of Central Banking (2014)
13. Structural reforms in a debt overhang
    Working Papers, Banco de España View citations (26)
    See also Journal Article in Journal of Monetary Economics (2017)

2013

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

2012

15. 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

16. Collective bargaining, firm heterogeneity and unemployment
    Working Papers, Banco de España View citations (8)
    See also Journal Article in European Economic Review (2013)
17. FiMod - a DSGE model for fiscal policy simulations
    Working Papers, Banco de España View citations (7)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2011) View citations (11)
    See also Journal Article in Economic Modelling (2012)
18. House purchase versus rental in Spain
    Working Papers, Banco de España View citations (26)

2010

19. Banking competition, collateral constraints and optimal monetary policy
    Working Papers, Banco de España View citations (27)
    See also Journal Article in Journal of Money, Credit and Banking (2013)
20. Employment fluctuations in a dual labor market
    Working Papers, Banco de España View citations (88)
    See also Journal Article in Economic Bulletin (2010)

2009

21. Spain in the euro: a general equilibrium analysis
    Working Papers, Banco de España View citations (11)
    See also Journal Article in SERIEs: Journal of the Spanish Economic Association (2010)
22. The impact of oil price changes on Spanish and euro area consumer price inflation
    Occasional Papers, Banco de España View citations (9)
    See also Journal Article in Economic Modelling (2011)

2008

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

2006

25. 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 in Journal of Monetary Economics (2008)

Journal Articles

2022

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

2020

2. 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 (3)
   See also Working Paper (2018)
3. When Fiscal Consolidation Meets Private Deleveraging
   Review of Economic Dynamics, 2020, 37, 214-233 View citations (8)
   See also Software Item (2020)
   Working Paper (2016)
   Working Paper (2020)

2019

4. Comparing Fiscal Consolidation Multipliers across Models in Europe
   International Journal of Central Banking, 2019, 15, (3), 285-320 View citations (15)
5. La política monetaria del Eurosistema tras el final de las compras netas de activos
   Boletín Económico, 2019, (MAR), 11 pages
6. The Eurosystem’s monetary policy following the end of net asset purchases
   Economic Bulletin, 2019, (MAR), 11 pages

2017

7. Bank Leverage Cycles
   American Economic Journal: Macroeconomics, 2017, 9, (2), 32-72 View citations (30)
   See also Working Paper (2013)
8. El tipo de interés natural: concepto, determinantes e implicaciones para la política monetaria
   Boletín Económico, 2017, (MAR), 10 pages
9. Structural reforms in a debt overhang
   Journal of Monetary Economics, 2017, 88, (C), 15-34 View citations (32)
   See also Working Paper (2014)
10. The natural interest rate: concept, determinants and implications for monetary policy
    Economic Bulletin, 2017, (MAR), 10 pages View citations (6)

2016

11. Policy Spillovers and Synergies in a Monetary Union
    International Journal of Central Banking, 2016, 12, (3), 219-277 View citations (19)
    See also Working Paper (2016)
12. Sinergias entre política monetaria y políticas nacionales en una unión monetaria
    Boletín Económico, 2016, (OCT), 10 pages
13. Synergies between monetary policy and national policies in a monetary union
    Economic Bulletin, 2016, (OCT), 9 pages

2014

14. Optimal Monetary Policy with State-Dependent Pricing
    International Journal of Central Banking, 2014, 10, (3), 49-94 View citations (6)
    See also Working Paper (2014)

2013

15. Banking Competition, Collateral Constraints, and Optimal Monetary Policy
    Journal of Money, Credit and Banking, 2013, 45, (s2), 87-125 View citations (15)
    Also in Journal of Money, Credit and Banking, 2013, 45, (s2), 87-125 (2013) View citations (52)
    See also Working Paper (2010)
16. Collective bargaining, firm heterogeneity and unemployment
    European Economic Review, 2013, 59, (C), 63-79 View citations (40)
    See also Working Paper (2011)

2012

17. FiMod — A DSGE model for fiscal policy simulations
    Economic Modelling, 2012, 29, (2), 239-261 View citations (94)
    See also Working Paper (2011)
18. La relación entre el grado de centralización de la negociación colectiva y la tasa de desempleo: nuevos resultados
    Boletín Económico, 2012, (FEB), 8 pages

2011

19. Search Frictions, Real Rigidities, and Inflation Dynamics
    Journal of Money, Credit and Banking, 2011, 43, (6), 1131-1164 View citations (2)
    Also in Journal of Money, Credit and Banking, 2011, 43, (6), 1131-1164 (2011) View citations (28)
    See also Working Paper (2008)
20. The impact of oil price changes on Spanish and euro area consumer price inflation
    Economic Modelling, 2011, 28, (1), 422-431 View citations (84)
    Also in Economic Modelling, 2011, 28, (1-2), 422-431 (2011) View citations (86)
    See also Working Paper (2009)

2010

21. Employment fluctuations in a dual labour market
    Economic Bulletin, 2010, (APR), 8 pages View citations (18)
    See also Working Paper (2010)
22. Fluctuaciones del empleo en un mercado de trabajo con contratación dual
    Boletín Económico, 2010, (MAR), 8 pages
23. Spain in the Euro: a general equilibrium analysis
    SERIEs: Journal of the Spanish Economic Association, 2010, 1, (1), 67-95 View citations (18)
    See also Working Paper (2009)
24. Un modelo de equilibrio general (BEMOD) para el análisis de la economía española en la zona del euro
    Boletín Económico, 2010, (JAN), 9 pages

2009

25. Labor market reform and price stability: An application to the Euro Area
    Journal of Monetary Economics, 2009, 56, (6), 885-899 View citations (84)
    See also Working Paper (2008)
26. Una aproximación al impacto del precio del petróleo sobre la economía española y la de la zona del euro
    Boletín Económico, 2009, (MAR), 9 pages

2008

27. Search and matching frictions and optimal monetary policy
    Journal of Monetary Economics, 2008, 55, (5), 936-956 View citations (180)
    See also Working Paper (2006)
28. Una primera estimación del impacto económico de una reducción de las cargas administrativas en España
    Boletín Económico, 2008, (JUL), 11 pages

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 in Review of Economic Dynamics (2020)