November 2017 | No. 417

November 2017 | No. 417

Editorial

Bubbles and monetary policy

Enric Fernandez CaixaBank Research

Enric Fernández

Key points of the month

The global economy in full swing

Forecasts and indicators

Indicators and forecasts

Financial markets

Low volatility reigns supreme in the financial markets
Emerging capital inflows: increasing against all odds
Mathieu Jean Henri Fort

International economy

Global expansion continues in the second half of 2017
US: the baby boomer effect on the cycle and in the long run
Clàudia Canals
Mexico: a resilience test
Àlex Ruiz

European economy

Economic growth reaches cruising speed in the euro area
Europe’s social policies at a crossroads
Josep Mestres Domènech
The sensitivity of inflation to the euro’s appreciation
Oriol Carreras BaquerRicard Murillo Gili

Spanish economy

Sailing in a favourable external environment
Spanish exports: growth and consolidation
Jordi Singla
Ten years of budget deficit and counting
Anna Campos
Looking for work? Inactivity and unemployment in Spain
Judit Montoriol Garriga

Dossier

Economic policy against financial instability
Adrià Morron Salmeron
US equity prices: a cause for concern?
Mathieu Jean Henri Fort
Financial instability and the business cycle
Oriol Carreras Baquer
Bubble economics: an analysis looking into effervescent prices
Javier García Arenas

November 2017 | No. 417

Dossier

Bubbles and financial stability

Content available in

catalan spanish

Editorial

Bubbles and monetary policy

Enric Fernandez CaixaBank Research

Enric Fernández

Key points of the month

The global economy in full swing

Forecasts and indicators

Forecasts Key indicators financial markets Key indicators international economy Key indicators European Union Key indicators Spanish economy

Financial markets

Economic outlook

Low volatility reigns supreme in the financial markets

Focus

Emerging capital inflows: increasing against all odds

Mathieu Jean Henri Fort

International economy

Economic outlook

Global expansion continues in the second half of 2017

Focus

US: the baby boomer effect on the cycle and in the long run

Clàudia Canals

Focus

Mexico: a resilience test

Àlex Ruiz

European economy

Economic outlook

Economic growth reaches cruising speed in the euro area

Focus

Europe’s social policies at a crossroads

Josep Mestres Domènech

Focus

The sensitivity of inflation to the euro’s appreciation

Oriol Carreras Baquer

Ricard Murillo Gili

Spanish economy

Economic outlook

Sailing in a favourable external environment

Focus

Spanish exports: growth and consolidation

Jordi Singla

Focus

Ten years of budget deficit and counting

Anna Campos

Focus

Looking for work? Inactivity and unemployment in Spain

Judit Montoriol Garriga

Dossier

Bubbles and financial stability

Focus

Financial instability and the business cycle

Oriol Carreras Baquer

Focus

Bubble economics: an analysis looking into effervescent prices

Javier García Arenas

Focus

Economic policy against financial instability

Adrià Morron Salmeron

Focus

US equity prices: a cause for concern?

Mathieu Jean Henri Fort