Ernesto Villanueva

Banco de España - Research Department

Alcala 50

28014 Madrid

Spain

SCHOLARLY PAPERS

36

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4,931

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Top 1,965

in Total Papers Citations

611

Scholarly Papers (36)

The Impact of High School Financial Education on Financial Knowledge and Choices: Evidence from a Randomized Trial in Spain

Banco de Espana Working Paper No. 1801
Number of pages: 56 Posted: 02 Feb 2018
Olympia Bover, Laura Hospido and Ernesto Villanueva
Banco de España - Research Department, Banco de España - Research Department and Banco de España - Research Department
Downloads 909 (52,017)
Citation 8

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financial education, impact evaluation

The Impact of High School Financial Education on Financial Knowledge and Choices: Evidence from a Randomized Trial in Spain

IZA Discussion Paper No. 11265
Number of pages: 43 Posted: 29 Jan 2018 Last Revised: 18 Nov 2021
Olympia Bover, Laura Hospido and Ernesto Villanueva
Banco de España - Research Department, Banco de España - Research Department and Banco de España - Research Department
Downloads 73 (648,497)
Citation 1

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financial education, impact evaluation

The Impact of High School Financial Education on Financial Knowledge and Choices: Evidence from a Randomized Trial in Spain

CEPR Discussion Paper No. DP12632
Number of pages: 44 Posted: 29 Jan 2018
Olympia Bover, Laura Hospido and Ernesto Villanueva
Banco de España - Research Department, Banco de España - Research Department and Banco de España - Research Department
Downloads 1 (1,293,661)
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Financial Education, Impact Evaluation

Finance for All: The Impact of Financial Literacy Training in Compulsory Secondary Education in Spain

Banco de Espana Working Paper No. 1502
Number of pages: 52 Posted: 04 Feb 2015
Laura Hospido, Ernesto Villanueva and Gema Zamarro
Banco de España - Research Department, Banco de España - Research Department and University of Arkansas, Fayetteville - Department of Education Reform
Downloads 509 (110,380)
Citation 58

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financial education, impact evaluation, selection bias

Finance for All: The Impact of Financial Literacy Training in Compulsory Secondary Education in Spain

IZA Discussion Paper No. 8902
Number of pages: 47 Posted: 23 Mar 2015
Laura Hospido, Ernesto Villanueva and Gema Zamarro
Banco de España - Research Department, Banco de España - Research Department and University of Arkansas, Fayetteville - Department of Education Reform
Downloads 119 (467,883)
Citation 3

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financial education, impact evaluation, selection bias

The Distribution of Debt Across Euro Area Countries: The Role of Individual Characteristics, Institutions and Credit Conditions

National Bank of Belgium Working Paper No. 252
Number of pages: 83 Posted: 21 Dec 2013
Banco de España - Research Department, Banco de España, Bank of Portugal, National Bank of Belgium, Central Bank of Ireland, LISER, Deutsche Bundesbank, Banco de España - Research Department and Národná banka Slovenska
Downloads 167 (356,628)
Citation 35

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Household debt and interest rate distributions, Time to Foreclose, Taxation, Loan-to-Value ratios, Fixed rate mortgages, Financial literacy

The Distribution of Debt Across Euro Area Countries: The Role of Individual Characteristics, Institutions and Credit Conditions

Banco de Espana Working Paper No. 1320
Number of pages: 85 Posted: 30 Nov 2013
Banco de España - Research Department, Banco de España, Banco de España - Research Department, Bank of Portugal, National Bank of Belgium, Economic and Social Research Institute, Ireland, LISER, Deutsche Bundesbank and VU University Amsterdam
Downloads 76 (634,068)
Citation 38

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household debt and interest rate distributions, time to foreclosure, taxation, loan-to-value ratios, fixed rate mortgages, financial literacy

The Distribution of Debt Across Euro Area Countries: The Role of Individual Characteristics, Institutions and Credit Conditions

European Central Bank Working Paper No. 1639
Number of pages: 82 Posted: 14 Mar 2014
Banco de España - Research Department, Banco de España, Bank of Portugal, National Bank of Belgium, Central Bank of Ireland, LISER, Deutsche Bundesbank, Banco de España - Research Department and Národná banka Slovenska
Downloads 59 (724,184)
Citation 3

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household debt and interest rate distributions, time to foreclose, taxation, loan-to-value ratios, fixed rate mortgages, financial literacy

The Distribution of Debt Across Euro Area Countries: The Role of Individual Characteristics, Institutions and Credit Conditions

Bundesbank Discussion Paper No. 01/2014
Number of pages: 92 Posted: 21 Jun 2016
Banco de España - Research Department, Banco de España, Bank of Portugal, National Bank of Belgium, Central Bank of Ireland, LISER, Deutsche Bundesbank, Banco de España - Research Department and Národná banka Slovenska
Downloads 39 (865,426)

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Household debt and interest rate distributions, Time to Foreclose, Taxation, Loanto-Value ratios, Fixed rate mortgages, Financial literacy

The Distribution of Debt Across Euro Area Countries: The Role of Individual Characteristics, Institutions and Credit Conditions

CEPR Discussion Paper No. DP10934
Number of pages: 46 Posted: 16 Nov 2015
Banco de España - Research Department, Banco de España, Bank of Portugal, National Bank of Belgium, Central Bank of Ireland, LISER, Deutsche Bundesbank, Banco de España - Research Department and Národná banka Slovenska
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Fixed rate mortgages, Household debt and interest rate distributions, Loan-to-Value ratios, Taxation, Time to Foreclose

4.

How Do Central Banks Identify Risks? A Survey of Indicators

Banco de Espana Occasional Paper No. 2125
Number of pages: 56 Posted: 06 Oct 2021
Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Bank of Spain, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España, Banco de España - Research Department, Banco de España, Banco de España, Banco de España, Bank of Spain, Banco de España and Banco de España
Downloads 283 (215,726)
Citation 1

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risk identification, systemic risk, systemic risk indicators, standard risk indicators, financial stability

5.

The Effects of the Introduction of Tax Incentives on Retirement Savings

Banco de España Research Paper No. WP-0724
Number of pages: 49 Posted: 05 Jul 2007
Juan Ayuso, Juan F. Jimeno and Ernesto Villanueva
Banco de España, Banco de España - Research Department and Banco de España - Research Department
Downloads 250 (244,383)
Citation 50

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pension funds, tax incentives, savings

6.

The Impact of Interest-Rate Subsidies on Long-Term Household Debt: Evidence from a Large Program

UPF Working Paper No. 713
Number of pages: 49 Posted: 11 Jul 2004
Ernesto Villanueva and Nuno C. Martins
Banco de España - Research Department and Bank of Portugal
Downloads 238 (256,583)
Citation 1

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Consumer borrowing, subsidies, quasi-natural experiment

7.

Does Limited Access to Mortgage Debt Explain Why Young Adults Live with Their Parents?

Banco de Espana Research Paper No. WP-0628
Number of pages: 52 Posted: 23 Oct 2006
Nuno C. Martins and Ernesto Villanueva
Bank of Portugal and Banco de España - Research Department
Downloads 166 (356,960)
Citation 53

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Living arrangements, Family Structure, Credit Markets

8.

Education, Labour Market Experience and Cognitive Skills: Evidence from PIAAC

Banco de Espana Working Paper No. 1635
Number of pages: 42 Posted: 18 Jan 2017
Banco de España - Research Department, Banco de España, Banco de España and Banco de España - Research Department
Downloads 145 (399,548)
Citation 4

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human capital, tasks, education, working experience, cognitive skills

9.

The Recent Slowdown of Bank Lending in Spain: Are Supply-Side Factors Relevant?

Banco de Espana Working Paper No. 1206
Number of pages: 50 Posted: 25 Jan 2012
Ignacio Hernando and Ernesto Villanueva
Banco de España and Banco de España - Research Department
Downloads 141 (408,525)
Citation 51

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Bank lending, bank capital, loan supply, instrumental variables

10.

Contract Staggering and Unemployment During the Great Recession: Evidence from Spain

Banco de Espana Working Paper No. 1431
Number of pages: 53 Posted: 06 Jan 2015
Luis Díez-Catalán and Ernesto Villanueva
University of Minnesota and Banco de España - Research Department
Downloads 137 (417,778)
Citation 10

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collective bargaining, labor demand, aggregate shock, wage rigidity

11.

Air Pollution: a Review of Its Economic Effects and Policies to Mitigate Them

Banco de Espana Occasionally Paper No. 2301, 2023
Number of pages: 34 Posted: 24 Jan 2023
Laura Hospido, Carlos Sanz and Ernesto Villanueva
Banco de España - Research Department, Banco de España and Banco de España - Research Department
Downloads 122 (456,998)

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air pollution, health, labour supply, productivity

12.

Parental Altruism Under Imperfect Information: Theory and Evidence

Universitat Pompeu Fabra Economics and Business Working Paper No. 650
Number of pages: 51 Posted: 30 Apr 2003
Ernesto Villanueva
Banco de España - Research Department
Downloads 119 (465,730)
Citation 10

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Altruism, imperfect information, intervivos transfers

13.
Downloads 104 (514,572)
Citation 4

The Marginal Propensity to Spend on Adult Children

UPF Economics and Business Working Paper No. 667
Number of pages: 62 Posted: 30 Aug 2003
Joseph G. Altonji and Ernesto Villanueva
Yale University - Economic Growth Center and Banco de España - Research Department
Downloads 62 (706,767)

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Bequests, intervivos transfers, permanent income

The Marginal Propensity to Spend on Adult Children

NBER Working Paper No. w9811
Number of pages: 62 Posted: 05 Jul 2003 Last Revised: 24 Apr 2022
Joseph G. Altonji and Ernesto Villanueva
Yale University - Economic Growth Center and Banco de España - Research Department
Downloads 42 (840,983)
Citation 4

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14.

The Schooling Response to a Sustained Increase in Low-Skill Wages: Evidence from Spain 1989-2009

Banco de Espana Working Paper No. 1208
Number of pages: 51 Posted: 13 Feb 2012
Aitor Lacuesta, Sergio Puente and Ernesto Villanueva
Banco de España, Banco de España and Banco de España - Research Department
Downloads 100 (528,802)
Citation 54

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collective bargaining, human capital

Consumption and Initial Mortgage Conditions: Evidence from Survey Data

Banco de Espana Working Paper No. 1101
Number of pages: 63 Posted: 27 Mar 2011
Giacomo Masier and Ernesto Villanueva
affiliation not provided to SSRN and Banco de España - Research Department
Downloads 55 (748,761)
Citation 10

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Credit constraints, mortgages, household consumption

Consumption and Initial Mortgage Conditions: Evidence from Survey Data

ECB Working Paper No. 1297
Number of pages: 63 Posted: 15 Mar 2011
Giacomo Masier and Ernesto Villanueva
affiliation not provided to SSRN and Banco de España - Research Department
Downloads 44 (825,660)

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Credit constraints, mortgages, household consumption

16.

The Loan to Value Ratio for Housing in Spain Over the Period 2004-2016

Banco de Espana Article 2/19
Number of pages: 13 Posted: 12 Feb 2019
Olympia Bover, María Torrado and Ernesto Villanueva
Banco de España - Research Department, Banco de España and Banco de España - Research Department
Downloads 98 (535,949)
Citation 2

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mortgages, house prices, loan to value ratio

17.

The Response of Household Wealth to the Risk of Losing the Job: Evidence from Differences in Firing Costs

Banco de Espana Working Paper No. 1002
Number of pages: 58 Posted: 22 Feb 2010
Cristina Barcelo and Ernesto Villanueva
Banco de España and Banco de España - Research Department
Downloads 93 (554,344)
Citation 65

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precautionary savings, household wealth and consumption, labor firing costs

18.

The Survey of Financial Competences (ECF): Description and Methods of the 2016 Wave

Banco de Espana Occasional Paper No. 1909 (2019)
Number of pages: 30 Posted: 31 May 2019
Olympia Bover, Laura Hospido and Ernesto Villanueva
Banco de España - Research Department, Banco de España - Research Department and Banco de España - Research Department
Downloads 91 (561,963)
Citation 17

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financial competences, personal finance, household finance, data collection, imputation, weights

19.

Compensating Wage Differentials and Voluntary Job Changes: Evidence from West Germany

UPF Economics and Business Working Paper No. 738
Number of pages: 40 Posted: 12 Jul 2004
Ernesto Villanueva
Banco de España - Research Department
Downloads 90 (565,668)
Citation 4

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Wage level and structure, job satisfaction, compensation packages

20.

Personal Loan Rates and Household Characteristics: Spain Compared with Other Euro Area Countries

Banco de Espana Article 09/21
Number of pages: 10 Posted: 09 Apr 2021 Last Revised: 29 Apr 2021
Cristina Barcelo, Ernesto Villanueva and Elena Vozmediano
Banco de España, Banco de España - Research Department and Banco de España
Downloads 74 (633,831)

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interest rates, consumer loans, probability of job loss

21.

Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence from the Metal Working Industry

Banco de Espana Working Paper No. 2036
Number of pages: 64 Posted: 29 Dec 2020 Last Revised: 14 Jan 2021
Effrosyni Adamopoulou and Ernesto Villanueva
University of Mannheim and IZA and Banco de España - Research Department
Downloads 65 (677,683)
Citation 17

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minimum wages, collective contracts, Social Security data, spot market, explicit contracts, wage cyclicality

Staggered Contracts and Unemployment During Recessions

IZA Discussion Paper No. 15801
Number of pages: 69 Posted: 16 Dec 2022 Last Revised: 21 Dec 2022
Effrosyni Adamopoulou, Luis Díez-Catalán and Ernesto Villanueva
University of Mannheim and IZA, BBVA Research and Banco de España - Research Department
Downloads 36 (891,082)

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labor demand, collective bargaining, wage rigidity, staggering, minimum wages, social security data, inflation

Staggered Contracts and Unemployment During Recessions

Banco de Espana Working Paper No. 2412
Number of pages: 74 Posted: 30 Apr 2024
Effrosyni Adamopoulou, Luis Díez-Catalán and Ernesto Villanueva
University of Mannheim and IZA, BBVA Research and Banco de España - Research Department
Downloads 19 (1,078,754)

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employment, job separation, collective bargaining, wage rigidity, staggering, Social Security data

Staggered Contracts and Unemployment During Recessions

ZEW - Centre for European Economic Research Discussion Paper No. 24-029
Number of pages: 73 Posted: 29 May 2024
Effrosyni Adamopoulou, Luis Díez-Catalán and Ernesto Villanueva
University of Mannheim and IZA, BBVA Research and Banco de España - Research Department
Downloads 7 (1,218,240)

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Employment, Job Separation, Collective Bargaining, Wage Rigidity, Staggering, Social Security Data

23.

The Financial Position of the Workers Most Affected by the Pandemic: An Analysis Drawing on the Spanish Survey of Household Finances

Banco de Espana Article 23/20
Number of pages: 15 Posted: 30 Jul 2020
Pilar Alvargonzález, Myroslav Pidkuyko and Ernesto Villanueva
Banco de España, Banco de España and Banco de España - Research Department
Downloads 61 (698,948)

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COVID-19, inequality, individual and household income, teleworking, household finance.

24.

Human Capital Formation in the Labour Market

Banco de Espana Article 28/17
Number of pages: 11 Posted: 06 Dec 2017
Banco de España - Research Department, Banco de España, Banco de España and Banco de España - Research Department
Downloads 57 (721,164)

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25.

Employment Risk and Household Formation: Evidence from Differences in Firing Costs

Banco de España Working Paper No. 0737
Number of pages: 51 Posted: 11 Dec 2007
Ernesto Villanueva and Mario García-Ferreira
Banco de España - Research Department and NERA Economic Consulting
Downloads 57 (721,164)
Citation 42

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Job security, household formation

26.

Analysis of Labor Flows and Consumption in Spain during COVID-19

Banco de Espana Occasional Paper No. 2202
Number of pages: 47 Posted: 21 Mar 2022
Banco de España, Banco de España, Banco de España, Banco de España and Banco de España - Research Department
Downloads 56 (727,071)

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consumption, expectations, labor market dynamics, coronavirus

27.

The Household Saving Rate in Spain Between 2007 and 2016: Decomposition by Population Group and Possible Determinants

Banco de Espana Article 34/19
Number of pages: 16 Posted: 17 Dec 2019
Brindusa Anghel, Cristina Barcelo and Ernesto Villanueva
Banco de España, Banco de España and Banco de España - Research Department
Downloads 51 (757,864)

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aggregate saving, distribution by household type, precautionary saving

28.

The Risk of Job Loss, Household Formation and Housing Demand: Evidence from Differences in Severance Payments

Banco de Espana Working Paper No. 1849
Number of pages: 67 Posted: 08 Jan 2019
Cristina Barcelo and Ernesto Villanueva
Banco de España and Banco de España - Research Department
Downloads 48 (777,444)
Citation 63

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job insecurity, household formation, housing investments

29.

Task Specialization and Cognitive Skills: Evidence from PIAAC and Ials

IZA Discussion Paper No. 13555
Number of pages: 54 Posted: 04 Aug 2020 Last Revised: 18 Nov 2021
Marta Martínez-Matute and Ernesto Villanueva
Syracuse University and Banco de España - Research Department
Downloads 35 (875,690)
Citation 1

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education, working experience, cognitive skills, tasks, human capital

30.

The Spanish Survey of Household Finances (EFF): Description and Methods of the 2020 Wave

Banco de Espana Occasional Paper No. 2405
Number of pages: 37 Posted: 15 Mar 2024 Last Revised: 25 Mar 2024
Banco de España, Banco de España, Banco de España - Research Department, Independent, Banco de España, Fundació Bofill, Banco de España, Banco de España, Banco de España, Banco de España - Research Department, Banco de España and AFI Escuela de Finanzas
Downloads 32 (901,781)
Citation 1

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wealth survey, oversampling of the rich, panel, refreshment sample, data collection, interviewing mode, imputation, weights

31.
Downloads 30 (920,132)

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financial exclusion, means of payment, ownership and use of bank cards, online banking, households

32.

Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence from the Metalworking Industry

IZA Discussion Paper No. 13542
Number of pages: 57 Posted: 04 Aug 2020 Last Revised: 06 Jun 2022
Effrosyni Adamopoulou and Ernesto Villanueva
University of Mannheim and IZA and Banco de España - Research Department
Downloads 26 (958,437)
Citation 5

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minimum wages, collective contracts, Social Security data, spot market, wage cyclicality, explicit contracts

33.

The Effect of Workplace Pension Schemes on Households' Private Savings

Banco de Espana Article Forthcoming
Number of pages: 17 Posted: 14 Jun 2022
Marina Gómez and Ernesto Villanueva
Banco de España and Banco de España - Research Department
Downloads 21 (1,010,827)

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workplace pension scheme, participants, net wealth, saving, financial asset wealth

34.

The growth in permanent contracts and its potential impact on spending

19 ECONOMIC BULLETIN 2023/Q1
Number of pages: 11 Posted: 04 Apr 2023
Brindusa Anghel, Cristina Barcelo and Ernesto Villanueva
Banco de España, Banco de España and Banco de España - Research Department
Downloads 16 (1,067,441)

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Permanent contracts, permanent seasonal contracts, spending-to-income ratio, saving

35.

Income and employment losses during the COVID-19 pandemic and the financial situation of households: evidence from the EFF

Banco de Espana Article 05 ECONOMIC BULLETIN 2023/Q4
Number of pages: 12 Posted: 06 Dec 2023 Last Revised: 12 Dec 2023
Banco de España, Banco de España, The Brattle Group, Banco de España - Research Department and Banco de España - Research Department
Downloads 12 (1,114,401)

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COVID-19, income, wealth and debt distribution, public policy

36.

Estimating Compensating Wage Differentials Using Voluntary Job Changes: Evidence from Germany

Industrial and Labor Relations Review, Vol. 60, No. 4, 2007
Posted: 14 May 2011
Ernesto Villanueva
Banco de España - Research Department

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compensating wage differentials,voluntary job changes, Wage growth, Revealed preference