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José Manuel Carbó

Banco de España

Alcala 50

Madrid 28014

Spain

SCHOLARLY PAPERS

12

DOWNLOADS
Rank 16,715

SSRN RANKINGS

Top 16,715

in Total Papers Downloads

7,317

TOTAL CITATIONS
Rank 26,881

SSRN RANKINGS

Top 26,881

in Total Papers Citations

58

Scholarly Papers (12)

1.

Machine Learning in Credit Risk: Measuring the Dilemma Between Prediction and Supervisory Cost

Banco de Espana Working Paper No. 2032
Number of pages: 34 Posted: 03 Nov 2020
Andrés Alonso and José Manuel Carbó
Banco de España and Banco de España
Downloads 1,757 (25,040)
Citation 43

Abstract:

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artificial intelligence, machine learning, credit risk, interpretability, bias, IRB models

2.

Inteligencia Artificial Y Finanzas: Una Alianza Estratégica (Artificial Intelligence and Finance: A Strategic Alliance)

Banco de Espana Occasional Paper No. 2222,Downloable document is in Spanish, 2022
Number of pages: 19 Posted: 24 Oct 2022
Andrés Alonso and José Manuel Carbó
Banco de España and Banco de España
Downloads 1,425 (34,505)

Abstract:

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machine learning, artificial intelligence, finance, economics

3.

Understanding the Performance of Machine Learning Models to Predict Credit Default: A Novel Approach for Supervisory Evaluation

Banco de Espana Working Paper No. 2105
Number of pages: 44 Posted: 27 Jan 2021
Andrés Alonso and José Manuel Carbó
Banco de España and Banco de España
Downloads 1,407 (35,338)
Citation 6

Abstract:

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machine learning, credit risk, prediction, probability of default, IRB system

4.

Machine Learning Methods in Climate Finance: A Systematic Review

Banco de Espana Working Paper No. 2310
Number of pages: 54 Posted: 09 Feb 2023 Last Revised: 12 Apr 2023
Andrés Alonso, José Manuel Carbó and J. Manuel Marqués
Banco de España, Banco de España and Banco de España
Downloads 1,222 (43,399)
Citation 5

Abstract:

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climate finance, machine learning, literature review, Latent Dirichlet Allocation

5.

Application of Machine Learning Models and Interpretability Techniques to Identify the Determinants of the Price of Bitcoin

Banco de Espana Working Paper No. 2215
Number of pages: 35 Posted: 19 Apr 2022
José Manuel Carbó and Sergio Gorjon
Banco de España and Banco de España
Downloads 347 (219,135)

Abstract:

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Bitcoin, machine learning, LSTM, interpretability techniques

6.

Accuracy of Explanations of Machine Learning Models for Credit Decision

Banco de Espana Working Paper No. 2222
Number of pages: 45 Posted: 27 Jun 2022
Andrés Alonso and José Manuel Carbó
Banco de España and Banco de España
Downloads 342 (222,746)
Citation 4

Abstract:

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synthetic datasets, artificial intelligence, interpretability, machine learning, credit assessment

7.

The effects of open banking on fintech providers: evidence using microdata from Spain

Banco de Espana Working Paper No. 2514
Number of pages: 58 Posted: 26 Sep 2025
Banco de España, Banco de España, CUNEF Universidad and Banco de España
Downloads 191 (440,151)

Abstract:

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open banking, fintech, payments, PSD2

8.

Crypto-Asset Monitoring Expert Group (Cameg) 2024 Conference - Book of Abstracts

ECB Occasional Paper No. 2025/368
Number of pages: 31 Posted: 27 Feb 2025
Bank for International Settlements (BIS), Banque de France, Independent, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), Bank for International Settlements (BIS), European Central Bank (ECB), European Central Bank (ECB), Oesterreichische Nationalbank (OeNB), Bank for International Settlements (BIS), Bank for International Settlements (BIS), Independent, European Central Bank (ECB), European Central Bank (ECB), Independent, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Independent, European Central Bank (ECB) - Directorate General Market Operations, European Central Bank (ECB), Independent, European Central Bank (ECB), Oesterreichische Nationalbank (OeNB), Oesterreichische Nationalbank (OeNB), Comillas Pontifical University - Faculty of Economics and Business Administration, Independent, Independent, European Central Bank (ECB), Independent, Independent, Independent, Independent, Banco de España, Independent, Independent, Independent, Deutsche Bundesbank, Bank of Italy, Independent, Independent, Independent, Bank of Italy, Independent, Independent, Independent, Independent, Independent, Independent, Bank of Greece, Bank of Greece, Bank of Italy, Bank of Italy, Independent, Independent, Independent, European Central Bank (ECB), Bank of Italy, Bank of Italy, - Ifo Institute, Independent, Independent, Oesterreichische Nationalbank (OeNB), Independent, Independent, Independent, Bank of France, Independent, European Central Bank (ECB), Oesterreichische Nationalbank (OeNB) and Austrian Financial Market Authority
Downloads 191 (401,336)

Abstract:

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crypto-asset data, crypto-asset risks, crypto-assets, monitoring

9.

Analysis of CBDC Narrative of Central Banks using Large Language Models

Banco de Espana Working Paper No. 2321
Number of pages: 30 Posted: 16 Aug 2023
José Manuel Carbó and Andrés Alonso
Banco de España and Banco de España
Downloads 166 (454,356)

Abstract:

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ChatGPT, BERT, CBDC, digital money

10.

Empowering Financial Supervision: A SupTech Experiment using Machine Learning in an Early Warning System

Banco de Espana Occasional Paper No. 2504
Number of pages: 27 Posted: 01 Oct 2025
Banco de España, Sensyne Health, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España and Banco de España
Downloads 96 (742,061)

Abstract:

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Natural language processing, Machine learning, Network analysis, Sentiment

11.

Houston, we have a problem: can satellite information bridge the climate-related data gap?

Banco de Espana Occasional Paper No. 2428
Number of pages: 36 Posted: 06 Sep 2024
Andrés Alonso, José Manuel Carbó, Emily Kormanyos and Elena Triebskorn
Banco de España, Banco de España, Deutsche Bundesbank and Deutsche Bundesbank
Downloads 90 (747,755)

Abstract:

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satellite data, sensors, green finance, green finance, central banking

12.

El interés por la innovación financiera en España. Un análisis con google trends (Interest in Financial Innovation in Spain. An Analysis with Google Trends)

Banco de Espana Occasional Paper No. 2112
Number of pages: 33 Posted: 23 Apr 2021 Last Revised: 13 May 2021
José Manuel Carbó and Esther Diez García
Banco de España and Banco de España
Downloads 83 (790,029)

Abstract:

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financial innovation, fintech firms, artificial intelligence, cryptocurrencies, Google Trends

Other Papers (1)

Total Downloads: 23
1.

Aprendizaje automático en modelos de concesión de crédito: oportunidades y riesgos

Análisis financiero y big data
Number of pages: 26 Posted: 01 Mar 2024
Andres Alonso-Robisco, José Manuel Carbó and Funcas
affiliation not provided to SSRN, Banco de España and Fundación de los bancos y cajas de CECA
Downloads 23

Abstract:

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machine learning, aprendizaje automático, credit scoring, explicabilidad