Empirically, financialisation analysis can be addressed from either a macroeconomic or micr oeconomic perspective. In aggregate terms, the former implies observing the growing influence exerted by financial transactions, overly dominant financial markets and alterations to industrial economy...

The Banco de España uses various microeconomic models, mostly of an empirical nature, to support its decision-making in relation to the analysis of economic and financial risks and economic policy advice. These models, which complement those of a macroeconomic nature, seeks to identify the...

A nonparametric estimation of Total Factor Productivity in the electrical and electronic industry is made for the assembly plant industry (1990-2004), using a Cobb-Douglas production function and Solow’s equation for economic growth. The estimation of Hicks’ neutral technical change yields a...