Working paper 1/2018. Some Unpleasant Labor Arithmetics: A tale of the Spanish 2012 Labor Market Reform

The 2008 economic and financial crisis and its posterior EU banking and sovereign debt dimensions highlighted some unresolved structural issues in the Spanish labor market, exacerbating unemployment issues. Duality between permanent and temporary workers, excessive rigidities in wage setting and collective bargaining arrangements and extreme ...

January 25, 2018
Working Paper 3/2017. A Game-Theoretic Analysis of the Spanish System of Regional Finance

Working Paper 3/2017.  A Game-Theoretic Analysis of the Spanish System of Regional Finance

December 22, 2017
Report on the setting of individual budget stability and regional government debt targets for the Autonomous Regions 2018-2020

 In this report, AIReF analyses the proposals submitted by the Ministry of Finance and Civil Service (MINHAFP) on the horizontal distribution of budgetary stability and public debt targets in the Autonomous Regions (ARs) for the period 2018-2020.As in previous years, the AIReF assessment focuses on ...

July 27, 2017
José Luis Escrivá takes part in a conference on General State Budgets organized by the APD and Deloitte

On Wednesday, the President of the Independent Authority of Spanish Fiscal Responsibility (AIReF), José Luis Escrivá, participated in a conference on the 2017 General State Budgets organized by the Association for Management Progress (APD) together with Deloitte, held at the Hotel Meliá Castilla in Madrid.José Luis ...

July 05, 2017
Working Paper 2-2016. Redistribution, risk-sharing and stabilization of income per capita of households by regions 2016-07-21

Related documents:Working Paper 2-2016. Redistribution, risk-sharing and stabilization of income per capita of households by regions

July 21, 2016
Working Paper 5/2015 Modeling interest payments for macroeconomic assessment

In this paper we present a methodology designed to estimate the future path of interest payments by the Government. The basic idea is to represent in a compact way the joint dynamics of debt liabilities and interest payments as a function of five elements: the ...

October 28, 2015
Working Paper 4/2015. Integrated model of short-term forecasting of the Spanish economy (MIPred model)

This paper presents a methodology for predicting in real-time GDP and its demand components simultaneously. The model consists of a set of dynamic factor models for both GDP and its demand components, plus a balancing procedure to ensure the transversal consistency of these forecasts, thus ...

October 01, 2015
Working Paper 3/ 2015: Quarterly regional GDP flash estimates for the Spanish economy (METCAP model)

In this paper we propose a methodology to estimate on a quarterly basis the GDP of the different regions of Spain, providing quarterly profiles for the annual official observed data. In this way, the paper offers a new instrument for short-term monitoring that allows the ...

July 27, 2015
Working Paper 2/2014 Spanish Public Debt Sustainability Analysis

This note develops an overarching debt sustainability analysis (DSA) framework, encompassing three of its main dimensions: (i) a traditional (deterministic) sustainability exercise, based on a simple accounting application involving the debt accumulation equation; (ii) an assessment of the realism of the assumptions underlying the deterministic ...

October 20, 2014
Working Paper No. 1/2014: Understand the financial sustainability

Working Paper No. 1/2014: Understand the financial sustainabilityAccess to Working PaperAnnex

July 30, 2014