Enrique Moral-Benito

Banco de España

Economist

Alcala 50

Madrid 28014

Spain

Universidad Carlos III de Madrid

Adjunct Professor

CL. de Madrid 126

Madrid, Madrid 28903

Spain

SCHOLARLY PAPERS

36

DOWNLOADS
Rank 17,096

SSRN RANKINGS

Top 17,096

in Total Papers Downloads

2,749

CITATIONS
Rank 14,145

SSRN RANKINGS

Top 14,145

in Total Papers Citations

26

Scholarly Papers (36)

Is Infrastructure Capital Productive? A Dynamic Heterogeneous Approach

Banco de Espana Working Paper No. 1103
Number of pages: 34 Posted: 05 Apr 2011
César Calderón, Enrique Moral-Benito and Luis Servén
World Bank, Banco de España and World Bank - Development Research Group (DECRG)
Downloads 225 (133,116)
Citation 63

Abstract:

Loading...

Infrastructure, panel cointegration, parameter heterogeneity

Is Infrastructure Capital Productive? A Dynamic Heterogeneous Approach

World Bank Policy Research Working Paper No. 5682
Number of pages: 34 Posted: 20 Apr 2016
César Calderón, Enrique Moral-Benito and Luis Servén
World Bank, Banco de España and World Bank - Development Research Group (DECRG)
Downloads 154 (188,439)

Abstract:

Loading...

Transport Economics Policy & Planning, Economic Theory & Research, Banks & Banking Reform, Public Sector Economics, Infrastructure Economics

Determinants of Economic Growth: A Bayesian Panel Data Approach

World Bank Policy Research Working Paper No. 4830
Number of pages: 33 Posted: 20 Apr 2016
Enrique Moral-Benito
Banco de España
Downloads 234 (128,022)

Abstract:

Loading...

Population Policies, Achieving Shared Growth, Inequality, Economic Theory & Research

Determinants of Economic Growth: A Bayesian Panel Data Approach

Banco de Espana Working Paper No. 1031
Number of pages: 39 Posted: 14 Oct 2010
Enrique Moral-Benito
Banco de España
Downloads 102 (259,010)
Citation 62

Abstract:

Loading...

Growth determinants, model uncertainty, bayesian model averaging, dynamic panel estimation

3.

Dynamic Panel Data Modelling Using Maximum Likelihood: An Alternative to Arellano-Bond

Banco de Espana Working Paper No. 1703
Number of pages: 29 Posted: 25 Jan 2017
Enrique Moral-Benito, Paul D. Allison and Richard A Williams
Banco de España, University of Pennsylvania - Department of Sociology and University of Notre Dame - Department of Sociology
Downloads 178 (166,015)
Citation 2

Abstract:

Loading...

dynamic panel data, maximum likelihood estimation

4.

Bank Lending Standards Over the Cycle: The Role of Firms’ Productivity and Credit Risk

Banco de Espana Working Paper No. 1811
Number of pages: 31 Posted: 18 Apr 2018
Gabriel Jiménez, Enrique Moral-Benito and Raquel Vegas
Banco de España, Banco de España and FEDEA
Downloads 141 (202,118)
Citation 53

Abstract:

Loading...

productivity, credit risk, bank supply, lending standards

5.

Model Averaging in Economics

Banco de Espana Working Paper No. 1123
Number of pages: 47 Posted: 14 Sep 2011
Enrique Moral-Benito
Banco de España
Downloads 123 (224,975)
Citation 52

Abstract:

Loading...

Model averaging, Model uncertainty

6.

Health Care Expenditure in the OECD Countries: Efficiency and Regulation

Banco de Espana Occasional Paper No. 1107
Number of pages: 35 Posted: 21 Dec 2011
Pablo Hernández de Cos and Enrique Moral-Benito
Banco de España and Banco de España
Downloads 121 (227,822)

Abstract:

Loading...

health care expenditure, efficiency

On the Direct and Indirect Real Effects of Credit Supply Shocks

Banco de Espana Working Paper No. 1809
Number of pages: 53 Posted: 05 Mar 2018
Laura Alfaro, Manuel García-Santana and Enrique Moral-Benito
Harvard University, Barcelona Graduate School of Economics (Barcelona GSE) and Banco de España
Downloads 109 (247,121)

Abstract:

Loading...

bank-lending channel, employment, investment, output, matched employeremployee, input-output linkages

On the Direct and Indirect Real Effects of Credit Supply Shocks

NBER Working Paper No. w25458
Number of pages: 55 Posted: 23 Jan 2019
Laura Alfaro, Manuel García-Santana and Enrique Moral-Benito
Harvard University, Barcelona Graduate School of Economics (Barcelona GSE) and Banco de España
Downloads 3 (645,818)
Citation 2
  • Add to Cart

Abstract:

Loading...

On the Direct and Indirect Real Effects of Credit Supply Shocks

CEPR Discussion Paper No. DP12794
Number of pages: 53 Posted: 20 Mar 2018
Laura Alfaro, Manuel García-Santana and Enrique Moral-Benito
Harvard University, Barcelona Graduate School of Economics (Barcelona GSE) and Banco de España
Downloads 0
  • Add to Cart

Abstract:

Loading...

Bank-Lending Channel, employment, input-output linkages., investment, matched employer-employee, output

8.
Downloads 97 (266,051)
Citation 57

Growing Like Spain: 1995-2007

Banco de Espana Working Paper No. 1609
Number of pages: 46 Posted: 11 May 2016
Universitat Pompeu Fabra, Banco de España, Centre for Monetary and Financial Studies (CEMFI) and Banco de España
Downloads 97 (267,934)
Citation 71

Abstract:

Loading...

TFP, misallocation, Spain

Growing Like Spain: 1995-2007

CEPR Discussion Paper No. DP11144
Number of pages: 53 Posted: 18 Apr 2016 Last Revised: 13 May 2019
Universitat Pompeu Fabra, Banco de España, Centre for Monetary and Financial Studies (CEMFI) and Banco de España
Downloads 0
Citation 1
  • Add to Cart

Abstract:

Loading...

Cronyism, Misallocation, Spain, TFP

9.

TFP Growth and its Determinants: Nonparametrics and Model Averaging

Banco de Espana Working Paper No. 1104
Number of pages: 34 Posted: 06 Apr 2011
Michael Danquah, Enrique Moral-Benito and Bazoumana Ouattara
University of Wales, Swansea, Banco de España and University of Wales
Downloads 97 (266,051)
Citation 62

Abstract:

Loading...

Productivity, Bayesian Model Averaging, Nonparametric methods

10.

On the Direct and Indirect Real Effects of Credit Supply Shocks

Harvard Business School BGIE Unit Working Paper No. 18-052
Number of pages: 52 Posted: 21 Dec 2017 Last Revised: 22 Mar 2018
Laura Alfaro, Manuel García-Santana and Enrique Moral-Benito
Harvard University, Universitat Pompeu Fabra and Banco de España
Downloads 93 (273,431)
Citation 1

Abstract:

Loading...

bank-lending channel, employment, investment, output, matched employer-employee, input-output linkages.

11.

Dynamic Panels with Predetermined Regressors: Likelihood-Based Estimation and Bayesian Averaging With an Application to Cross-Country Growth

Banco de Espana Working Paper, No. 1109
Number of pages: 55 Posted: 26 May 2011
Enrique Moral-Benito
Banco de España
Downloads 88 (283,112)
Citation 61

Abstract:

Loading...

dynamic panel estimation, maximum likelihood, weak instruments, growth regressions, bayesian model averaging

12.

Business Cycles and Investment in Intangibles: Evidence from Spanish Firms

Banco de Espana Working Paper No. 1219
Number of pages: 42 Posted: 22 May 2012
Paloma Lopez-Garcia, Jose Manuel Montero and Enrique Moral-Benito
European Central Bank (ECB), Banco de España and Banco de España
Downloads 84 (291,437)
Citation 45

Abstract:

Loading...

R&D, business cycle, credit constraints, panel data

The Public Sector Wage Premium in Spain: Evidence from Longitudinal Administrative Data

Banco de Espana Working Paper No. 1422
Number of pages: 49 Posted: 15 Aug 2014
Laura Hospido and Enrique Moral-Benito
Banco de España - Research Department and Banco de España
Downloads 48 (395,304)
Citation 29

Abstract:

Loading...

public sector wage gap, quantile regression, wage distribution, panel data

The Public Sector Wage Premium in Spain: Evidence from Longitudinal Administrative Data

IZA Discussion Paper No. 8315
Number of pages: 44 Posted: 19 Jul 2014
Laura Hospido and Enrique Moral-Benito
Banco de España - Research Department and Banco de España
Downloads 29 (476,416)
Citation 2

Abstract:

Loading...

public sector wage gap, quantile regression, wage distribution, panel data

Signalling Fiscal Stress in the Euro Area: A Country-Specific Early Warning System

Banco de Espana Working Paper No. 1418
Number of pages: 31 Posted: 26 Jul 2014
Banco de España, Banco de España, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 45 (406,301)

Abstract:

Loading...

fiscal policy, studies of particular policy episodes, general outlook and conditions, deficit, surplus, debt, debt management, sovereign debt, international lending and debt problems

Signalling Fiscal Stress in the Euro Area -- A Country-Specific Early Warning System

ECB Working Paper No. 1712
Number of pages: 26 Posted: 12 Aug 2014
Banco de España, European Central Bank (ECB), Banco de España and European Central Bank (ECB)
Downloads 28 (481,776)
Citation 2

Abstract:

Loading...

fiscal policy, studies of particular policy episodes, general outlook and conditions, deficit surplus, debt management, sovereign debt, international lending and debt problems

15.

Determinants of Corporate Default: A BMA Approach

Banco de Espana Working Paper No. 1221
Number of pages: 22 Posted: 13 Jun 2012
Carlos González-Aguado and Enrique Moral-Benito
Centre for Monetary and Financial Studies (CEMFI) and Banco de España
Downloads 70 (323,803)
Citation 49

Abstract:

Loading...

default probabilities, Bayesian model averaging, credit risk

16.

Growth Empirics in Panel Data Under Model Uncertainty and Weak Exogeneity

Banco de Espana Working Paper No. 1243
Number of pages: 29 Posted: 02 Jan 2013
Enrique Moral-Benito
Banco de España
Downloads 66 (334,190)
Citation 42

Abstract:

Loading...

growth regressions, panel data, model uncertainty, bayesian model averaging

The Impact of Financial (De)Regulation on Current Account Balances

Banco de Espana Working Paper No. 1424
Number of pages: 44 Posted: 18 Sep 2014
Enrique Moral-Benito and Oliver Roehn
Banco de España and Organization for Economic Co-Operation and Development (OECD) - Economics Department (ECO)
Downloads 32 (461,094)
Citation 46

Abstract:

Loading...

current account, financial markets, financial regulation, Bayesian model averaging, model uncertainty

The Impact of Financial (De-)Regulation on Current Account Balances

CESifo Working Paper Series No. 5082
Number of pages: 36 Posted: 02 Dec 2014
Enrique Moral-Benito and Oliver Roehn
Banco de España and Organization for Economic Co-Operation and Development (OECD) - Economics Department (ECO)
Downloads 31 (466,153)
Citation 1

Abstract:

Loading...

current account, financial markets, financial regulation, Bayesian Model Averaging, model uncertainty

18.

Endogenous Fiscal Consolidations

Banco de Espana Working Paper No. 1102
Number of pages: 38 Posted: 27 Mar 2011
Pablo Hernández de Cos and Enrique Moral-Benito
Banco de España and Banco de España
Downloads 56 (362,646)

Abstract:

Loading...

Fiscal consolidation, panel data, endogeneity, model averaging

19.

High Growth Firms in Employment and Productivity: Dynamic Interactions and the Role of Financial Constraints?

Banco de Espana Working Paper No. 1718
Number of pages: 72 Posted: 13 May 2017
Cristina Guillamón, Enrique Moral-Benito and Sergio Puente
Banco de España, Banco de España and Banco de España
Downloads 53 (372,028)
Citation 43

Abstract:

Loading...

high-growth firms, high-impact firms, productivity, panel firm-level data

20.

Potential Growth of the Spanish Economy

Banco de Espana Occasional Paper No. 1603
Number of pages: 32 Posted: 19 Feb 2016
Pilar Cuadrado and Enrique Moral-Benito
Banco de España and Banco de España
Downloads 50 (381,734)
Citation 35

Abstract:

Loading...

potential growth, output gap, Spain

21.

Agglomeration Matters for Trade

Banco de Espana Working Paper No. 1316
Number of pages: 60 Posted: 04 Nov 2013
Roberto Ramos and Enrique Moral-Benito
Banco de España and Banco de España
Downloads 46 (395,327)
Citation 52

Abstract:

Loading...

agglomeration economies, export markets, firm heterogeneity

22.

Income and Democracy: Revisiting the Evidence

Banco de Espana Working Paper No. 1115
Number of pages: 26 Posted: 11 Jul 2011
Enrique Moral-Benito and Cristian Bartolucci
Banco de España and affiliation not provided to SSRN
Downloads 40 (417,232)
Citation 13

Abstract:

Loading...

democracy, income, lipset hypothesis, panel data

23.

Growing by Learning: Firm-Level Evidence on the Size-Productivity Nexus

Banco de Espana Working Paper No. 1613
Number of pages: 37 Posted: 01 Jul 2016
Enrique Moral-Benito
Banco de España
Downloads 35 (437,298)
Citation 22

Abstract:

Loading...

firm-level data, productivity, size distribution

24.

An Exploration of Real-Time Revisions of Output Gap Estimates Across European Countries

Banco de Espana Occasional Paper No. 1605
Number of pages: 26 Posted: 28 Jul 2016
Pablo Hernández de Cos, Aitor Lacuesta and Enrique Moral-Benito
Banco de España, Banco de España and Banco de España
Downloads 32 (449,998)

Abstract:

Loading...

output-gaps, real-time data, fiscal policy

25.

Evaluating the Macro-Representativeness of a Firm-Level Database: An Application for the Spanish Economy

Banco de Espana Ocassional Paper No. 1802
Number of pages: 30 Posted: 05 Mar 2018
Miguel Almunia, David Lopez Rodriguez and Enrique Moral-Benito
University of Warwick, Banco de España and Banco de España
Downloads 31 (454,617)
Citation 32

Abstract:

Loading...

firm data, firm size distributions, macroeconomic aggregates

26.
Downloads 31 (454,617)
Citation 34

Testing Weak Exogeneity in Cointegrated Panels

Banco de Espana Working Paper No. 1307
Number of pages: 27 Posted: 15 May 2013
Enrique Moral-Benito and Luis Servén
Banco de España and World Bank - Development Research Group (DECRG)
Downloads 17 (549,300)
Citation 35

Abstract:

Loading...

panel data, cointegration, weak exogeneity, Monte Carlo methods

Testing Weak Exogeneity in Cointegrated Panels

World Bank Policy Research Working Paper No. 7045
Number of pages: 23 Posted: 20 Apr 2016
Enrique Moral-Benito and Luis Servén
Banco de España and World Bank - Development Research Group (DECRG)
Downloads 14 (568,716)

Abstract:

Loading...

Economic Growth, Consumption, Fiscal & Monetary Policy, Industrial Economics, Economic Theory & Research

The Financial Transmission of Housing Bubbles: Evidence from Spain

Banco de Espana Working Paper No. 1823
Number of pages: 60 Posted: 19 Jul 2018
Alberto Martin, Enrique Moral-Benito and Tom Schmitz
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banco de España and Bocconi University - Department of Economics
Downloads 19 (536,431)
Citation 42

Abstract:

Loading...

housing bubble, credit, investment, financial frictions, financial transmission, Spain

The Financial Transmission of Housing Bubbles: Evidence from Spain

ECB Working Paper No. 2245 (2019); ISBN 978-92-899-3507-4
Number of pages: 66 Posted: 26 Feb 2019
Alberto Martin, Enrique Moral-Benito and Tom Schmitz
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banco de España and Bocconi University - Department of Economics
Downloads 9 (601,958)

Abstract:

Loading...

Housing bubble, Credit, Investment, Financial Frictions, Financial Transmission, Spain

The Financial Transmission of Housing Bubbles: Evidence from Spain

CEPR Discussion Paper No. DP12999
Number of pages: 65 Posted: 26 Jun 2018
Alberto Martin, Enrique Moral-Benito and Tom Schmitz
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banco de España and Bocconi University - Department of Economics
Downloads 1 (671,314)
  • Add to Cart

Abstract:

Loading...

credit, Financial Frictions, Financial Transmission, housing bubble, investment, Spain

28.

Fiscal Multipliers in Turbulent Times: The Case of Spain

Banco de Espana Working Paper No. 1309
Number of pages: 50 Posted: 22 Jun 2013
Pablo Hernández de Cos and Enrique Moral-Benito
Banco de España and Banco de España
Downloads 29 (464,017)
Citation 9

Abstract:

Loading...

fiscal policy, fiscal multiplier

29.

The Microeconomic Origins of the Spanish Boom

Banco de Espana Occasional Paper No. 1805
Number of pages: 28 Posted: 14 May 2018
Enrique Moral-Benito
Banco de España
Downloads 24 (490,074)
Citation 18

Abstract:

Loading...

Spain, firm level data, TFP, misallocation, input-output linkages

30.

The Evolution of Spanish Total Factor Productivity Since the Global Financial Crisis

Banco de Espana Ocassional Paper 1808
Number of pages: 33 Posted: 26 Oct 2018
Enrique Moral-Benito and Chenxu Fu
Banco de España and Centre for Monetary and Financial Studies (CEMFI)
Downloads 20 (512,564)

Abstract:

Loading...

Spain, firm level data, TFP, misallocation.

31.

On the Predictability of Narrative Fiscal Adjustments

Banco de Espana Working Paper No. 1516
Number of pages: 14 Posted: 22 Jun 2015
Pablo Hernández de Cos and Enrique Moral-Benito
Banco de España and Banco de España
Downloads 19 (518,387)
Citation 5

Abstract:

Loading...

fiscal adjustment, fiscal multiplier

32.

The Costs of Trade Protectionism: Evidence from Spanish Firms and Non-Tariff Measures

Banco de Espana Working Paper No. 1814
Number of pages: 35 Posted: 07 Jun 2018
Dmitri Kirpichev Kirpichev and Enrique Moral-Benito
Centre for Monetary and Financial Studies (CEMFI) and Banco de España
Downloads 17 (529,947)
Citation 48

Abstract:

Loading...

protectionism, non-tariff measures, firm level data

33.

Does Slack Influence Public and Private Labour Market Interactions?

Banco de Espana Working Paper No. 1605
Number of pages: 30 Posted: 21 Oct 2016
Ana Lamo, Enrique Moral-Benito and Javier J. Pérez
European Central Bank (ECB), Banco de España and Banco de España - Research Department
Downloads 15 (541,468)
Citation 58

Abstract:

Loading...

Public Employment, Wages, Unemployment, Fiscal Policies

34.

Does Slack Influence Public and Private Labor Market Interactions?

ECB Working Paper No. 1890
Number of pages: 27 Posted: 26 Apr 2016
Ana Lamo, Enrique Moral-Benito and Javier Pérez
European Central Bank (ECB), Banco de España and Independent
Downloads 14 (547,356)

Abstract:

Loading...

Public employment, Wages, Unemployment, Fiscal policies

35.

An Anatomy of the Spanish Current Account Adjustment: The Role of Permanent and Transitory Factors

Banco de Espana Working Paper No. 1737
Number of pages: 34 Posted: 02 Nov 2017
Enrique Moral-Benito and Francesca Viani
Banco de España and Banco de España
Downloads 10 (571,393)
Citation 44

Abstract:

Loading...

current account, global imbalances

36.

Model Averaging in Economics: An Overview

Journal of Economic Surveys, Vol. 29, Issue 1, pp. 46-75, 2015
Number of pages: 30 Posted: 11 Jan 2015
Enrique Moral-Benito
Banco de España
Downloads 0 (657,681)
Citation 24
  • Add to Cart

Abstract:

Loading...

Capital punishment, Model averaging, Model uncertainty