Details about Ignacio Hernando

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Workplace:	Banco de España (Bank of Spain), (more information at EDIRC)

Access statistics for papers by Ignacio Hernando.

Last updated 2024-09-09. Update your information in the RePEc Author Service.

Short-id: phe685

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Working Papers

2018

1. Private saving. New cross-country evidencebased on bayesian techniques
   Working Papers, Banco de España

2016

2. The effects of us unconventional monetary policies in Latin America
   Working Papers, Banco de España View citations (5)
   See also Chapter The Effects of US Unconventional Monetary Policies in Latin America, Investigación Conjunta-Joint Research, Centro de Estudios Monetarios Latinoamericanos, CEMLA (2017) View citations (2) (2017)

2014

3. Los desafíos para la política monetaria en las economías avanzadas tras la Gran Recesión
   Occasional Papers, Banco de España View citations (1)

2012

4. Los retos para la política económica en un entorno de tipos de interés próximos a cero
   Occasional Papers, Banco de España View citations (1)
5. The recent slowdown of bank lending in Spain: are supply-side factors relevant?
   Working Papers, Banco de España View citations (5)
   See also Journal Article The recent slowdown in bank lending in Spain: are supply-side factors relevant?, SERIEs: Journal of the Spanish Economic Association, Springer (2014) View citations (13) (2014)

2010

6. What do premiums paid for bank M&As reflect? The case of the European Union
   Working Papers, Banco de España View citations (3)
   Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2010)
   See also Journal Article What do premiums paid for bank M&As reflect? The case of the European Union, Journal of Banking & Finance, Elsevier (2012) View citations (14) (2012)

2009

7. Cash, access to credit, and value creation in M&As
   Working Papers, Banco de España View citations (1)

2008

8. Determinants of domestic and cross-border bank acquisitions in the European Union
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (2)
   Also in Working Papers, Banco de España (2008) View citations (9)
   See also Journal Article Determinants of domestic and cross-border bank acquisitions in the European Union, Journal of Banking & Finance, Elsevier (2009) View citations (40) (2009)

2007

9. Macro Price setting in the euro area: Some stylised facts from Individual Producer Price
   Working papers, Banque de France View citations (36)
   Also in Working Paper Research, National Bank of Belgium (2007) View citations (77)
   Working Papers, Banco de Portugal, Economics and Research Department (2007) View citations (72)
   Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2007) View citations (88)
   See also Journal Article Price Setting in the Euro Area: Some Stylized Facts from Individual Producer Price Data, Journal of Money, Credit and Banking, Blackwell Publishing (2012) View citations (55) (2012)
10. Price setting in the euro area: some stylised facts from individual producer price data
    Working Paper Series, European Central Bank View citations (95)
    Also in Working Papers, Banco de España (2007) View citations (93)
    See also Journal Article Price Setting in the Euro Area: Some Stylized Facts from Individual Producer Price Data, Journal of Money, Credit and Banking, Blackwell Publishing (2012) View citations (55) (2012)
11. The reaction by industry insiders to M&As in the European financial industry
    IESE Research Papers, IESE Business School
    Also in Working Papers, Banco de España (2007)
    See also Journal Article The Reaction by Industry Insiders to M&As in the European Financial Industry, Journal of Financial Services Research, Springer (2008) View citations (11) (2008)

2006

12. Competition and price adjustment in the euro area
    Working Papers, Banco de España View citations (29)
13. Integración y consolidación en el sistema financiero europeo
    IESE Research Papers, IESE Business School
14. Is the internet delivery channel changing banks' performance? The case of Spanish banks
    Working Papers, Banco de España View citations (5)
    See also Journal Article Is the Internet delivery channel changing banks' performance? The case of Spanish banks, Journal of Banking & Finance, Elsevier (2007) View citations (43) (2007)
15. What Firms' Surveys Tell Us about Price-Setting Behavior in the Euro Area
    MPRA Paper, University Library of Munich, Germany View citations (139)
    Also in Working Papers, Banco de España (2005) View citations (95)
    Working Paper Series, European Central Bank (2005) View citations (160)
    See also Journal Article What Firms' Surveys Tell Us about Price-Setting Behavior in the Euro Area, International Journal of Central Banking, International Journal of Central Banking (2006) View citations (168) (2006)

2005

16. Do decreasing hazard functions for price changes make any sense?
    Working Papers, Banco de España View citations (53)
    Also in Working Paper Series, European Central Bank (2005) View citations (51)
17. M&AS performance in the European financial industry
    IESE Research Papers, IESE Business School View citations (2)
    Also in Working Papers, Banco de España (2005) View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (2)
    See also Journal Article M&As performance in the European financial industry, Journal of Banking & Finance, Elsevier (2006) View citations (59) (2006)
18. Price setting behaviour in Spain: evidence from micro PPI data
    Working Papers, Banco de España View citations (35)
    Also in Working Paper Series, European Central Bank (2005) View citations (22)
    See also Journal Article Price-setting behaviour in Spain: evidence from micro PPI data, Managerial and Decision Economics, John Wiley & Sons, Ltd. (2010) View citations (28) (2010)
19. The Pricing Behaviour of Firms in the Euro Area: New Survey Evidence
    Working papers, Banque de France View citations (149)
    Also in Working Paper Research, National Bank of Belgium (2005) View citations (102)
    Working Papers, Banco de Portugal, Economics and Research Department (2005) View citations (111)
20. The price setting behaviour of Spanish firms: evidence from survey data
    Working Papers, Banco de España View citations (69)
    Also in Working Paper Series, European Central Bank (2005) View citations (67)

2004

21. Do european primarily internet banks show scale and experience efficiencies?
    Working Papers, Banco de España View citations (1)
    See also Journal Article Do European Primarily Internet Banks Show Scale and Experience Efficiencies?, European Financial Management, European Financial Management Association (2007) View citations (16) (2007)
22. Price setting behaviour in Spain: stylised facts using consumer price micro data
    Working Paper Series, European Central Bank View citations (42)
    Also in Working Papers, Banco de España (2004) View citations (46)
23. Shareholder Value Creation in European M&As
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (104)
    See also Journal Article Shareholder Value Creation in European M&As, European Financial Management, European Financial Management Association (2004) View citations (100) (2004)

2003

24. Firm investment and monetary policy transmission in the Euro Area
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL View citations (53)
    Also in 10th International Conference on Panel Data, Berlin, July 5-6, 2002, International Conferences on Panel Data (2002) View citations (42)
    Working papers, Banque de France (2002) View citations (32)
    Working Papers, Banco de España (2001) View citations (41)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2001) View citations (33)
25. Labour demand, flexible contracts and financial factors: new evidence from Spain
    Working Papers, Banco de España View citations (9)
26. New Findings on Firm Investment and Monetary Policy Transmission in the Euro Area
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL View citations (44)
27. The impact of financial variables on firms' real decisions: evidence from Spanish firm-level data
    Working Papers, Banco de España View citations (8)
    See also Journal Article The impact of financial variables on firms' real decisions: Evidence from Spanish firm-level data, Journal of Macroeconomics, Elsevier (2008) View citations (29) (2008)
    Chapter The impact of financial variables on firms’ real decisions: evidence from Spanish firm-level data, BIS Papers chapters, Bank for International Settlements (2005) View citations (2) (2005)

2002

28. Extricate: Financial Pressure and Firm Behaviour in Spain
    Working Papers, Banco de España View citations (10)
29. Financial constraints and investment in France and Spain: a comparison using firm level data
    Working Papers, Banco de España View citations (5)
30. The contribution of ICT to economic activity: a growth accounting exercise with Spanish firm-level data
    Working Papers, Banco de España View citations (4)
    See also Journal Article The contribution of ICT to economic activity: a growth accounting exercise with Spanish firm-level data, Investigaciones Economicas, Fundación SEPI (2004) View citations (2) (2004)
31. Value creation in European M&As
    IESE Research Papers, IESE Business School View citations (4)
    Also in Working Papers, Banco de España (2002) View citations (3)

2001

32. Firm investment and monetary transmission in the euro area
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (55)
    Also in Working Paper Series, European Central Bank (2001) View citations (51)
33. Is There a Bank Lending Channel of Monetary Policy in Spain?
    Working Papers, Banco de España View citations (39)
    Also in Working Paper Series, European Central Bank (2001) View citations (41)

2000

34. Measuring the NAIRU in the Spanish Economy
    Working Papers, Banco de España View citations (25)

1999

35. Microeconomic Price Adjustments and Inflation: Evidence from Spanish Sectoral Data
    Working Papers, Banco de España
36. Relación entre contratos laborales y financieros: un estudio teórico y empírico para el caso español
    DEE - Documentos de Trabajo. Economía de la Empresa. DB, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa View citations (1)
    See also Journal Article Relación entre contratos laborales y financieros: un estudio teórico y empírico para el caso español, Boletín Económico, Banco de España (1999) (1999)
37. The Role of the Financial System in the Growth-Inflation Link: the OECD Experience
    Working Papers, Banco de España View citations (12)
    See also Journal Article The role of the financial system in the growth-inflation link: the OECD experience, European Journal of Political Economy, Elsevier (2004) View citations (19) (2004)

1998

38. Disinflation, Output and Unemployment: The Case of Spain
    Working Papers, Banco de España View citations (2)
39. The Long-Run Effect of Permanent Disinflations
    Working Papers, Banco de España View citations (4)

1997

40. Does Inflation Harm Economic Growth? Evidence for the OECD
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (49)
    See also Chapter Does Inflation Harm Economic Growth? Evidence from the OECD, NBER Chapters, National Bureau of Economic Research, Inc (1999) View citations (15) (1999)

1990

41. Un análisis de la capacidad redistributiva de la imposición indirecta
    Working Papers, CEMFI

Journal Articles

2016

1. The global real interest rate: past developments and outlook
   Economic Bulletin, 2016, (JAN), 3-12

2015

2. Adjustment and growth prospects in the developed economies
   Economic Bulletin, 2015, (MAR), 29-44
3. Ajuste y perspectivas de crecimiento de las economías desarrolladas: el impacto de la crisis financiera
   Boletín Económico, 2015, (JAN), 49-66
4. El tipo de interés real mundial: evolución histórica y perspectivas
   Boletín Económico, 2015, (DEC), 83-94

2014

5. The recent slowdown in bank lending in Spain: are supply-side factors relevant?
   SERIEs: Journal of the Spanish Economic Association, 2014, 5, (2), 245-285 View citations (13)
   See also Working Paper The recent slowdown of bank lending in Spain: are supply-side factors relevant?, Working Papers (2012) View citations (5) (2012)

2013

6. Cambios en el capital bancario y evolución del crédito: una aproximación microeconómica
   Boletín Económico, 2013, (FEB), 63-69
7. Changes in bank capital and lending: a microeconomic approach
   Economic Bulletin, 2013, (FEB), 9-14

2012

8. Los retos para la política económica en un entorno de tasas de interés próxima a cero
   Boletín, 2012, LVIII, (3), 121-151
9. Price Setting in the Euro Area: Some Stylized Facts from Individual Producer Price Data
   Journal of Money, Credit and Banking, 2012, 44, (8), 1631-1650 View citations (55)
   See also Working Paper Price setting in the euro area: some stylised facts from individual producer price data, Working Paper Series (2007) View citations (95) (2007)
   Working Paper Macro Price setting in the euro area: Some stylised facts from Individual Producer Price, Working papers (2007) View citations (36) (2007)
10. What do premiums paid for bank M&As reflect? The case of the European Union
    Journal of Banking & Finance, 2012, 36, (3), 749-759 View citations (14)
    See also Working Paper What do premiums paid for bank M&As reflect? The case of the European Union, Working Papers (2010) View citations (3) (2010)

2011

11. Explaining cross-industry heterogeneity in price stickiness
    Economics Bulletin, 2011, 31, (1), 644-653

2010

12. Price-setting behaviour in Spain: evidence from micro PPI data
    Managerial and Decision Economics, 2010, 31, (2-3), 105-121 View citations (28)
    See also Working Paper Price setting behaviour in Spain: evidence from micro PPI data, Working Papers (2005) View citations (35) (2005)

2009

13. Determinants of domestic and cross-border bank acquisitions in the European Union
    Journal of Banking & Finance, 2009, 33, (6), 1022-1032 View citations (40)
    See also Working Paper Determinants of domestic and cross-border bank acquisitions in the European Union, FRB Atlanta Working Paper (2008) View citations (2) (2008)

2008

14. Labour Demand, Flexible Contracts and Financial Factors: Firm‐Level Evidence from Spain*
    Oxford Bulletin of Economics and Statistics, 2008, 70, (3), 283-301 View citations (32)
15. The Reaction by Industry Insiders to M&As in the European Financial Industry
    Journal of Financial Services Research, 2008, 33, (2), 127-146 View citations (11)
    See also Working Paper The reaction by industry insiders to M&As in the European financial industry, IESE Research Papers (2007) (2007)
16. The impact of financial variables on firms' real decisions: Evidence from Spanish firm-level data
    Journal of Macroeconomics, 2008, 30, (1), 543-561 View citations (29)
    See also Chapter The impact of financial variables on firms’ real decisions: evidence from Spanish firm-level data, BIS Papers chapters, 2005, 22, 40-63 (2005) View citations (2) (2005)
    Working Paper The impact of financial variables on firms' real decisions: evidence from Spanish firm-level data, Working Papers (2003) View citations (8) (2003)
17. Un análisis de los determinantes de las adquisiciones bancarias en la Unión Europea
    Boletín Económico, 2008, (OCT), 101-111

2007

18. Do European Primarily Internet Banks Show Scale and Experience Efficiencies?
    European Financial Management, 2007, 13, (4), 643-671 View citations (16)
    See also Working Paper Do european primarily internet banks show scale and experience efficiencies?, Working Papers (2004) View citations (1) (2004)
19. FIRM BEHAVIOUR AND FINANCIAL PRESSURE: EVIDENCE FROM SPANISH PANEL DATA
    Bulletin of Economic Research, 2007, 59, (4), 283-311 View citations (25)
20. Is the Internet delivery channel changing banks' performance? The case of Spanish banks
    Journal of Banking & Finance, 2007, 31, (4), 1083-1099 View citations (43)
    See also Working Paper Is the internet delivery channel changing banks' performance? The case of Spanish banks, Working Papers (2006) View citations (5) (2006)

2006

21. Competencia y ajustes de precios en España y en el área del euro
    Boletín Económico, 2006, (OCT), 103-110
22. M&As performance in the European financial industry
    Journal of Banking & Finance, 2006, 30, (12), 3367-3392 View citations (59)
    See also Working Paper M&AS performance in the European financial industry, IESE Research Papers (2005) View citations (2) (2005)
23. Price setting behaviour in Spain: Evidence from consumer price micro-data
    Economic Modelling, 2006, 23, (4), 699-716 View citations (37)
24. Una valoración de los procesos de fusión en el sector financiero europeo
    Boletín Económico, 2006, (FEB), 91-102
25. What Firms' Surveys Tell Us about Price-Setting Behavior in the Euro Area
    International Journal of Central Banking, 2006, 2, (3) View citations (168)
    See also Working Paper What Firms' Surveys Tell Us about Price-Setting Behavior in the Euro Area, MPRA Paper (2006) View citations (139) (2006)

2005

26. La dinámica de los precios de producción en la economía española
    Boletín Económico, 2005, (MAY), 41-52
27. Las estrategias de formación de precios de las empresas españolas
    Boletín Económico, 2005, (NOV), 65-78

2004

28. Demanda de trabajo, contratos temporales y factores financieros
    Boletín Económico, 2004, (JAN), 71-74
29. La dinámica de los precios de consumo en la economía española
    Boletín Económico, 2004, (OCT), 121-130
30. Shareholder Value Creation in European M&As
    European Financial Management, 2004, 10, (1), 47-81 View citations (100)
    See also Working Paper Shareholder Value Creation in European M&As, CEPR Discussion Papers (2004) View citations (104) (2004)
31. The contribution of ICT to economic activity: a growth accounting exercise with Spanish firm-level data
    Investigaciones Economicas, 2004, 28, (2), 315-348 View citations (2)
    See also Working Paper The contribution of ICT to economic activity: a growth accounting exercise with Spanish firm-level data, Working Papers (2002) View citations (4) (2002)
32. The role of the financial system in the growth-inflation link: the OECD experience
    European Journal of Political Economy, 2004, 20, (4), 941-961 View citations (19)
    See also Working Paper The Role of the Financial System in the Growth-Inflation Link: the OECD Experience, Working Papers (1999) View citations (12) (1999)

2003

33. El impacto de la situación financiera de las empresas sobre la inversión y el empleo
    Boletín Económico, 2003, (NOV), 53-58
34. Los efectos de las modificaciones de las condiciones financieras sobre el comportamiento de las empresas españolas
    Boletín Económico, 2003, (JAN), 61-65
35. New Findings on Firm Investment and Monetary Transmission in the Euro Area
    Oxford Review of Economic Policy, 2003, 19, (1), 73-83 View citations (33)

2002

36. Creación de valor en los procesos de fusión empresarial en la economía europea
    Boletín Económico, 2002, (OCT), 73-82
37. La utilización de los bienes de equipo relacionados con las nuevas tecnologías y su influencia en el crecimiento de la economía española
    Boletín Económico, 2002, (JAN), 71-77

2001

38. ¿Existe un canal del crédito bancario en la transmisión de la política monetaria en España?
    Boletín Económico, 2001, (DEC), 37-44

2000

39. Crecimiento, inflación y desarrollo del sistema financiero en la OCDE
    Boletín Económico, 2000, (FEB), 69-75
40. Formación de precios a nivel empresarial e inflación: evidencia a partir de información sectorial
    Boletín Económico, 2000, (MAR), 41-46

1999

41. Relación entre contratos laborales y financieros: un estudio teórico y empírico para el caso español
    Boletín Económico, 1999, (APR), 49-55
    See also Working Paper Relación entre contratos laborales y financieros: un estudio teórico y empírico para el caso español, DEE - Documentos de Trabajo. Economía de la Empresa. DB (1999) View citations (1) (1999)

1996

42. Growth, inflation and the exchange rate regime
    Economics Letters, 1996, 53, (1), 61-65 View citations (10)

1994

43. Algunas diferencias en la productividad de las empresas manufactureras españolas
    Investigaciones Economicas, 1994, 18, (1), 117-141 View citations (6)

Books

1999

1. Assessing the benefits of price stability: The international experience
   Estudios Económicos, Banco de España

1997

2. La inversión en España
   Estudios Económicos, Banco de España View citations (6)

Edited books

2018

1. International Macroeconomics in the Wake of the Global Financial Crisis
   Financial and Monetary Policy Studies, Springer View citations (11)

Chapters

2017

1. The Effects of US Unconventional Monetary Policies in Latin America
   Chapter 5 in International Spillovers of Monetary Policy, 2017, pp 111-154 View citations (2)
   See also Working Paper The effects of us unconventional monetary policies in Latin America, Banco de España (2016) View citations (5) (2016)

2006

2. The monetary transmission mechanism
   Chapter 06 in The analysis of the Spanish Economy, 2006, pp 155-176

2005

3. The impact of financial variables on firms’ real decisions: evidence from Spanish firm-level data
   A chapter in Investigating the relationship between the financial and real economy, 2005, vol. 22, pp 40-63 View citations (2)
   See also Working Paper The impact of financial variables on firms' real decisions: evidence from Spanish firm-level data, Banco de España (2003) View citations (8) (2003)
   Journal Article The impact of financial variables on firms' real decisions: Evidence from Spanish firm-level data, Elsevier (2008) View citations (29) (2008)

1999

4. Does Inflation Harm Economic Growth? Evidence from the OECD
   A chapter in The Costs and Benefits of Price Stability, 1999, pp 315-348 View citations (15)
   See also Working Paper Does Inflation Harm Economic Growth? Evidence for the OECD, National Bureau of Economic Research, Inc (1997) View citations (49) (1997)