Details about Javier Valles

Access statistics for papers by Javier Valles.

Last updated 2022-06-27. Update your information in the RePEc Author Service.

Short-id: pva889

Working Papers

2018

1. Corporate cost and profit shares in the euro area and the US: the same story?
   Working Papers, Banco de España View citations (8)
2. Private saving. New cross-country evidencebased on bayesian techniques
   Working Papers, Banco de España View citations (1)

2017

3. The financial and real performance of non-financial corporations in the Euro area: 1999-2015
   Occasional Papers, Banco de España

2016

4. The effects of us unconventional monetary policies in Latin America
   Working Papers, Banco de España View citations (5)
   See also Chapter The Effects of US Unconventional Monetary Policies in Latin America, Investigación Conjunta-Joint Research, Centro de Estudios Monetarios Latinoamericanos, CEMLA (2017) View citations (2) (2017)

2015

5. Fiscal consolidation after the Great Recession:the role of composition
   Working Papers, Banco de España View citations (15)
   See also Journal Article Fiscal consolidation after the Great Recession: the role of composition, Oxford Economic Papers, Oxford University Press (2018) View citations (8) (2018)
6. Understanding the Effects of Government Spending on Consumption
   Working Papers, Barcelona School of Economics View citations (34)
   Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations (23)
   CFS Working Paper Series, Center for Financial Studies (CFS) (2003) View citations (11)
   NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (26)
   Working Paper Series, European Central Bank (2004) View citations (31)
   Working Papers, Banco de España (2003) View citations (33)
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations (28)
   See also Journal Article Understanding the Effects of Government Spending on Consumption, Journal of the European Economic Association, MIT Press (2007) View citations (706) (2007)

2014

7. Household debt and uncertainty: Private consumption after the Great Recession
   Working Papers, Banco de España View citations (12)
8. Los desafíos para la política monetaria en las economías avanzadas tras la Gran Recesión
   Occasional Papers, Banco de España View citations (1)

2013

9. Los canales del desapalancamiento del sector privado: una comparación internacional
   Occasional Papers, Banco de España
   See also Journal Article Los canales del desapalancamiento del sector privado: una comparación internacional, Boletín Económico, Banco de España (2013) (2013)

2012

10. Los retos para la política económica en un entorno de tipos de interés próximos a cero
    Occasional Papers, Banco de España View citations (1)

2005

11. Cross-country differences in monetary policy transmission
    Working Papers, Banco de España View citations (18)
    Also in Working Paper Series, European Central Bank (2004) View citations (28)
12. Inflation differentials in EMU: the Spanish case
    Working Papers, Banco de España View citations (21)

2004

13. Rule-of-Thumb Consumers and the Design of Interest Rate Rules
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (188)
    Also in Working Papers, Banco de España (2003) View citations (10)

2003

14. Market structure and inflation differentials in the European Monetary Union
    Working Papers, Banco de España View citations (14)

2002

15. Non-Ricardian fiscal policies in an open monetary union
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (1)
16. Technology Shocks and Monetary Policy: Assessing the Fed's Performance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (56)
    Also in Working Papers, Banco de España (2000) View citations (6)
    See also Journal Article Technology shocks and monetary policy: assessing the Fed's performance, Journal of Monetary Economics, Elsevier (2003) View citations (170) (2003)

2001

17. Money in an Estimated Business Cycle Model of the Euro Area
    Working Papers, Banco de España View citations (20)
    See also Journal Article Money in an Estimated Business Cycle Model of the Euro Area, Economic Journal, Royal Economic Society (2006) View citations (84) (2006)

2000

18. Intertemporal Substitution and the Liquidity Effect in a Sticky Price Model
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (1)
    Also in Working Papers, Banco de España (1999) View citations (6)
    See also Journal Article Intertemporal substitution and the liquidity effect in a sticky price model, European Economic Review, Elsevier (2002) View citations (8) (2002)
19. Monetary Policy and Exchange Rate Behavior in the Fiscal Theory of the Price Level
    Working Papers, Banco de España View citations (3)

1999

20. On the Real Effects of Monetary Policy
    Working Papers, Banco de España View citations (4)
21. On the Real Effects of Monetary Policy: A Central Banker's View
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in Working Papers, Oesterreichische Nationalbank (Austrian Central Bank) (1999) View citations (2)
22. The Liquidity Effect in a Small Open Economy Model
    Working Papers, Banco de España View citations (1)
    Also in Studies on the Spanish Economy, FEDEA

1996

23. Do Exchange Rate Move to Address International Macroeconomic Imbalances?
    Working Papers, Banco de España View citations (43)

1995

24. Investment and Financial Costs: Spanish Evidence with Panel Data
    Working Papers, Banco de España View citations (11)

1993

25. Cyclical Patterns of the Spanish Economy
    Working Papers, Banco de España View citations (31)
    See also Journal Article Ciclical patterns of the spanish economy, Investigaciones Economicas, Fundación SEPI (1993) View citations (2) (1993)
26. Interdependence of EC Economies: A Var Approach
    Working Papers, Banco de España View citations (2)

Journal Articles

2022

1. Corporate economic profits in the euro area: The relevance of cost competitive advantage
   International Review of Economics & Finance, 2022, 80, (C), 569-585 View citations (1)

2018

2. Fiscal consolidation after the Great Recession: the role of composition
   Oxford Economic Papers, 2018, 70, (2), 563-585 View citations (8)
   See also Working Paper Fiscal consolidation after the Great Recession:the role of composition, Working Papers (2015) View citations (15) (2015)

2016

3. Los retos para la normalización de la política monetaria en Estados Unidos en la coyuntura actual
   Boletín Económico, 2016, (SEP), 85-96
4. The challenges for monetary policy normalisation in the United States in the current economic situation
   Economic Bulletin, 2016, (SEP), 45-56
5. The global real interest rate: past developments and outlook
   Economic Bulletin, 2016, (JAN), 3-12
   See also Chapter The Global Real Interest Rate: Past Developments and Outlook, Financial and Monetary Policy Studies, 2018, 217-229 (2018) (2018)

2015

6. El tipo de interés real mundial: evolución histórica y perspectivas
   Boletín Económico, 2015, (DEC), 83-94

2014

7. La incidencia de la deuda y la incertidumbre sobre el consumo tras la Gran Recesión
   Boletín Económico, 2014, (OCT), 133-139

2013

8. Los canales del desapalancamiento del sector privado: una comparación internacional
   Boletín Económico, 2013, (NOV), 69-80
   See also Working Paper Los canales del desapalancamiento del sector privado: una comparación internacional, Occasional Papers (2013) (2013)
9. Private-sector deleveraging channels: an international comparison
   Economic Bulletin, 2013, (NOV), 19-29 View citations (1)

2012

10. Los retos para la política económica en un entorno de tasas de interés próxima a cero
    Boletín, 2012, LVIII, (3), 121-151

2008

11. Competition and inflation differentials in EMU
    Journal of Economic Dynamics and Control, 2008, 32, (3), 848-874 View citations (34)

2007

12. Understanding the Effects of Government Spending on Consumption
    Journal of the European Economic Association, 2007, 5, (1), 227-270 View citations (706)
    Also in Proceedings, 2003 (2003) View citations (1)
    See also Working Paper Understanding the Effects of Government Spending on Consumption, Working Papers (2015) View citations (34) (2015)

2006

13. Money in an Estimated Business Cycle Model of the Euro Area
    Economic Journal, 2006, 116, (511), 457-477 View citations (84)
    See also Working Paper Money in an Estimated Business Cycle Model of the Euro Area, Working Papers (2001) View citations (20) (2001)

2004

14. Comments on "Monetary and fiscal interactions in open economies"
    Journal of Macroeconomics, 2004, 26, (2), 353-356 View citations (3)
15. Endogenous monetary policy and the liquidity effect
    Spanish Economic Review, 2004, 6, (3), 159-178

2003

16. Technology shocks and monetary policy: assessing the Fed's performance
    Journal of Monetary Economics, 2003, 50, (4), 723-743 View citations (170)
    See also Working Paper Technology Shocks and Monetary Policy: Assessing the Fed's Performance, NBER Working Papers (2002) View citations (56) (2002)

2002

17. Ajustes de precios y estructura de mercado en una unión monetaria
    Boletín Económico, 2002, (DEC), 45-51
18. Intertemporal substitution and the liquidity effect in a sticky price model
    European Economic Review, 2002, 46, (8), 1399-1421 View citations (8)
    See also Working Paper Intertemporal Substitution and the Liquidity Effect in a Sticky Price Model, Econometric Society World Congress 2000 Contributed Papers (2000) View citations (1) (2000)

2001

19. Política fiscal y estabilidad de precios en la Unión Monetaria
    Boletín Económico, 2001, (MAR), 37-42

1999

20. European asymmetries
    Journal of International Economics, 1999, 48, (2), 233-253 View citations (18)
21. La política monetaria y la economía real
    Boletín Económico, 1999, (OCT), 55-67
22. Monetary policy and exchange rate dynamics in the Spanish economy
    Spanish Economic Review, 1999, 1, (1), 55-77 View citations (2)

1998

23. Investment and financial structure in Spanish manufacturing firms
    Investigaciones Economicas, 1998, 22, (3), 337-359 View citations (20)

1997

24. Aggregate investment in a business cycle model with adjustment costs
    Journal of Economic Dynamics and Control, 1997, 21, (7), 1181-1198 View citations (4)

1994

25. Algunas diferencias en la productividad de las empresas manufactureras españolas
    Investigaciones Economicas, 1994, 18, (1), 117-141 View citations (6)
26. Inversión y financiación empresarial en España
    EKONOMIAZ. Revista vasca de Economía, 1994, 30, (03), 110-123

1993

27. Ciclical patterns of the spanish economy
    Investigaciones Economicas, 1993, 17, (3), 445-473 View citations (2)
    See also Working Paper Cyclical Patterns of the Spanish Economy, Working Papers (1993) View citations (31) (1993)

Books

1997

1. La inversión en España
   Estudios Económicos, Banco de España View citations (6)

Chapters

2018

1. The Global Real Interest Rate: Past Developments and Outlook
   Springer
   See also Journal Article The global real interest rate: past developments and outlook, Banco de España (2016) (2016)

2017

2. The Effects of US Unconventional Monetary Policies in Latin America
   Chapter 5 in International Spillovers of Monetary Policy, 2017, pp 111-154 View citations (2)
   See also Working Paper The effects of us unconventional monetary policies in Latin America, Banco de España (2016) View citations (5) (2016)

2006

3. Economic modelling and forecasting tools
   Chapter 05 in The analysis of the Spanish Economy, 2006, pp 127-152

2005

4. Model of the Banco de Espana
   Chapter 8 in Econometric Models of the Euro-area Central Banks, 2005