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Brexit, NiGEM, trade, tariffs, non-tariff trade barriers, migration, scenario analysis
private consumption, financial developments, precautionary savings, debt
R&D, Innovation, Endogenous growth, Crowding out, SVAR
oil price, potential output, production function
sustainable growth, macroeconomic imbalances, output gaps, potential growth
Spanish economy, EMU, international financial crisis
carbon tax, environmental policy, modelling, green tax reform
prudential regulation, regulatory capital, fair value accounting, prudential filters
countercyclical capital buffer, credit-to-GDP gap, guiding indicators, build-up phase, credit intensity, real estate prices, external imbalances, private sector debt sustainability, macroprudential policy
capital flows, capital flow management, international cooperation, IMF
Global Imbalances, Current Account, International Investment Position, External Debt, Growth
Mark-ups, labour market, productivity
lending cycles, bank crisis, capital ratio, leverage ratio, macroprudential tools.
structural analysis, vector autoregressions, bayesian estimation, sign restrictions.
global imbalances, current account,international investment position,external debt
Spain, Sustainable growth, Macroeconomic imbalances
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competitiveness, current account imbalances, inflation differentials, labor markets, macroeconomic convergence, relative prices