Henrique S. Basso
YOU?
Author Swipe
View article: Opening the black box: aggregate implications of public investment heterogeneity
Opening the black box: aggregate implications of public investment heterogeneity Open
With multiple types of public capital, the aggregate implications of public investment crucially depend on the sum of the output elasticities of public capital across types. Abstracting from this heterogeneity and considering a single homo…
View article: Inflation, Fiscal Policy, and Inequality: The Impact of the Post‐Pandemic Price Surge and Fiscal Measures on European Households
Inflation, Fiscal Policy, and Inequality: The Impact of the Post‐Pandemic Price Surge and Fiscal Measures on European Households Open
Following the inflation surge in the aftermath of the pandemic crisis, Euro Area governments adopted a large array of fiscal measures to cushion its impact on households. The inflationary shock and related fiscal measures affected househol…
View article: Inflation, fiscal policy and inequality. The distributional impact of fiscal measures to compensate for consumer inflation
Inflation, fiscal policy and inequality. The distributional impact of fiscal measures to compensate for consumer inflation Open
This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to compensate households in 2022. The study uses the tax-benefit microsimulation model for the European Union (EUROMOD) with …
View article: Individual and sectoral analysis framework for the impact of economic and financial risks
Individual and sectoral analysis framework for the impact of economic and financial risks Open
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 tho…
View article: Replication package for "How Consumption Carbon Emission Intensity Varies Across Spanish Households"
Replication package for "How Consumption Carbon Emission Intensity Varies Across Spanish Households" Open
This package replicated the empirical analysis of the paper "How Consumption Carbon Emission Intensity Varies Across Spanish Households".
View article: Replication package for "How Consumption Carbon Emission Intensity Varies Across Spanish Households"
Replication package for "How Consumption Carbon Emission Intensity Varies Across Spanish Households" Open
This package replicated the empirical analysis of the paper "How Consumption Carbon Emission Intensity Varies Across Spanish Households".
View article: How consumption carbon emission intensity varies across Spanish households
How consumption carbon emission intensity varies across Spanish households Open
The prominence of emission mitigation policies calls for an understanding of their potential distributional impact. To assess the distributional heterogeneity, we quantify and analyse the consumption emission intensity, defined as carbon e…
View article: How inflation varies across Spanish households
How inflation varies across Spanish households Open
Inflation has distributional effects. Leveraging the data on consumption expenditure on goods across households provided in the Spanish Household Budget Survey we estimate household-specific inflation from 2006 to 2021 in Spain and analyse…
View article: How Inflation Varies Across Spanish Households
How Inflation Varies Across Spanish Households Open
Inflation has distributional effects. Leveraging data on consumption expenditure of goods across households provided in the Spanish Household Budget Survey we estimate household-specific inflation from 2006 to 2021 in Spain and analyse how…
View article: The Young, the Old, and the Government: Demographics and Fiscal Multipliers
The Young, the Old, and the Government: Demographics and Fiscal Multipliers Open
We document that government spending multipliers depend on the population age structure. Using the variation in military spending and birth rates across US states, we show that the local fiscal multiplier is 1.5 and increases with the popu…
View article: Time variation in lifecycle consumption and housing wealth
Time variation in lifecycle consumption and housing wealth Open
We document systematic and significant time variation in the profiles of lifecycle consumption expenditures in the US. Lifecycle consumption profiles have consistently become atter through time. Pooling data across different periods to ide…
View article: Medium-Run Implications of Changing Demographic Structures for the Macro-Economy
Medium-Run Implications of Changing Demographic Structures for the Macro-Economy Open
While there may be an important, but transitory, cyclical component in the poor performance of the past decade, we will emphasise the secular forces: the impact of demographic structure and innovation. We draw on the empirical and theoreti…
View article: Macroprudential theory: advances and challenges
Macroprudential theory: advances and challenges Open
Este documento ocasional resume los avances recientes en el análisis teórico de las causas de la inestabilidad fi nanciera, de sus consecuencias macroeconómicas, y sus implicaciones acerca del posible papel de la política macroprudencial. …