Migration is often viewed as a way to enhance occupational careers. However, particularly in Mediterranean countries, labour market outcomes may also depend on local family resources. We investigate how men's and women's labour market outcomes differ between (1) those who migrated and those who...

The COVID-19 pandemic and pandemic-induced lockdowns and quarantine establishments have inevitably affected individuals, businesses, and governments. At the same time, the spread of the COVID-19 pandemic had a dramatic impact on financial markets all over the world and caused an increased level...

"Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? As the United States and many European nations struggle with mountains of debt, historical precedents can offer valuable insights. Lending to the Borrower from Hell...

Using two novel online surveys collected in May and November 2020, we study the consequences of the COVID-19 pandemic on Spanish households. We document a large and negative effect on household income. By May 2020, the average individual lived in a household that had lost 16% of their...

Using data from social security records and an event study approach, we estimate the child penalty in Spain, looking at disparities for women and men across different labor outcomes following the birth of the first child. Our findings show that, the year after the first child is born, mothers’...

We present a procedure to perform seasonal adjustment over daily sales data. The model adjusts daily information from the Immediate Supply of Information System for Value Added Tax declaration forms compiled by the Spanish Tax Agency. The procedure performs signal extraction and forecasting at...