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

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2,948

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147

CROSSREF CITATIONS

1,228

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 230 (137,447)
Citation 49

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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 164 (188,095)
Citation 2

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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 238 (132,865)

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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 117 (247,285)
Citation 17

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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 186 (168,275)
Citation 5

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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 149 (203,814)
Citation 46

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productivity, credit risk, bank supply, lending standards

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 127 (232,421)
Citation 1

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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 (682,533)
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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
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Bank-Lending Channel, employment, input-output linkages., investment, matched employer-employee, output

6.

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 125 (234,353)
Citation 54

Abstract:

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Model averaging, Model uncertainty

7.

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 123 (237,187)
Citation 4

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health care expenditure, efficiency

8.
Downloads 104 (267,470)
Citation 63

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 104 (269,098)
Citation 69

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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
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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 99 (276,606)
Citation 57

Abstract:

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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 97 (280,299)

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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 92 (290,004)
Citation 53

Abstract:

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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 86 (302,564)
Citation 41

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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 51 (405,387)
Citation 32

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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 30 (497,098)
Citation 7

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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 49 (412,654)
Citation 1

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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 (508,377)

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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 72 (335,800)
Citation 46

Abstract:

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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 67 (349,269)
Citation 39

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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 33 (481,437)
Citation 47

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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 (491,734)
Citation 1

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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 57 (378,881)
Citation 2

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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 56 (382,125)
Citation 44

Abstract:

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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 54 (388,663)
Citation 36

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potential growth, output gap, Spain

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 30 (497,098)
Citation 55

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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 21 (552,517)

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

The Financial Transmission of Housing Booms: Evidence from Spain

CEPR Discussion Paper No. DP12999
Number of pages: 68 Posted: 26 Jun 2018 Last Revised: 04 Oct 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 1 (707,227)
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credit, Financial Frictions, Financial Transmission, housing booms, investment, Spain

22.

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 48 (409,020)
Citation 49

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agglomeration economies, export markets, firm heterogeneity

23.

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 45 (420,123)
Citation 13

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democracy, income, lipset hypothesis, panel data

24.

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 43 (427,756)
Citation 34

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firm data, firm size distributions, macroeconomic aggregates

25.
Downloads 38 (448,068)
Citation 33

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 21 (552,517)
Citation 33

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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 17 (579,609)

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

26.

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 37 (452,189)
Citation 22

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firm-level data, productivity, size distribution

27.

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 35 (460,761)
Citation 41

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protectionism, non-tariff measures, firm level data

28.

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 33 (469,815)

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output-gaps, real-time data, fiscal policy

29.

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 32 (474,463)
Citation 6

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fiscal policy, fiscal multiplier

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 30 (484,215)

Abstract:

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Spain, firm level data, TFP, misallocation.

31.

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 26 (505,370)
Citation 23

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

32.

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 (546,708)
Citation 3

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fiscal adjustment, fiscal multiplier

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 16 (564,964)
Citation 56

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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 15 (571,146)

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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 11 (597,268)
Citation 44

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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 (691,249)
Citation 5
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Capital punishment, Model averaging, Model uncertainty