Phone: +34 91 338
5979 - Fax: +34 91 338 5678
Welcome to the personal Web page of Olympia Bover Hidiroglu. She is an economist at the Research Division of the Banco de España where she heads the Unit of Microeconomic Information and Analysis, and is in charge of the Spanish Survey of Household Finances (EFF). Previously, she was a Research Fellow at Nuffield College, Oxford, and at the Centre for Economic Performance at the LSE. She is a graduate from the University of Barcelona and holds a Ph.D. from the London School of Economics. Her research includes empirical interests in housing markets, household finance, labour supply, unemployment, wages, and consumer and migration behaviour. She also has methodological interests in panel data analysis, duration models, and discrete choice. She is an Associate Member of Nuffield College, Oxford, an International Research Associate at the Institute for Fiscal Studies, London, and a Research Fellow of CEPR and IZA. She is President of the Spanish Economic Association in 2012.
"House Prices and Employment Reallocation: International Evidence" (with J. F. Jimeno). Banco de España Working Paper 0705, 2007.
"Paro y prestaciones: nuevos resultados para España" (with M.Arellano and S.Bentolila). Appeared in: J.Pérez, C.Sebastián, and P.Tedde (eds.): Políticas, Mercados e Instituciones Económicas, Estudios en Homenaje a Luis Ángel Rojo, Volume 1, Editorial Complutense, Madrid, 2004.
Comment on "Labor Market Institutions in a Changing World" by G.Bertola, Moneda y Crédito, 2004, 218.
"Another Look at Unemployment Duration: Exit to a Permanent vs. a Temporary Job" (with R. Gómez), Investigaciones Económicas, 28, 2004, 285-314. Awarded the prize for the best article published in the journal in 2004 and 2005.
"The Distribution of Earnings in Spain During the 1980s: The Effects of Skill, Unemployment, and Union Power" (with M. Arellano and S. Bentolila), Banco de España, Servicio de Estudios, Working Paper no. 0015. Appeared in: D. Cohen, T. Piketty and G. Saint-Paul (eds.): The Economics of Rising Inequalities, Chapter 1, Oxford University Press and CEPR, 2002, 3-53.
"Unemployment Duration, Benefit Duration, and the Business Cycle" (with M. Arellano and S. Bentolila). (Old versions: CEMFI Working Paper no. 9717 ; and CEPR Discussion Paper no. 1840.) Appeared in: The Economic Journal, 112, 2002, 223-265.
"Labor Market Outliers: Lessons from Portugal and Spain" (with P. García-Perea and P. Portugal), Economic Policy, October 2000, 381-428.
"Female Labour Force Participation in the 1980's: The Case of Spain" (with M. Arellano), Investigaciones Económicas, 19, 1995, 171-194.
"Cambios en la composición del empleo y actividad laboral femenina", Papeles de Economía Española, 1997, 38-51.
"Relaxing Intertemporal Separability: A Rational Habits Model of Labour Supply Estimated from Panel Data", Journal of Labor Economics, 9, 1991, 85-100.
"Estimating Intertemporal Labour Supply Elasticities Using Structural Models", The Economic Journal, 99, 1989, 1026-1039.
"Learning About Migration Decisions From the Migrants" (with M. Arellano), Journal of Population Economics, 15, 2002, 357-380. Awarded the Kuznets Prize for the best article published in the Journal of Population Economics during the period 2001-2003.
"Migration in Spain: Historical Background and Current Trends" (with P. Velilla), (Earlier version: IZA Discussion Paper no. 88). Forthcoming in: K. Zimmermann (ed.): European Migration: What Do We Know?, CEPR and Oxford University Press.
"Regional Migration in Spain: The Effect of Personal Characteristics and of Unemployment, Wage and House Price Differentials using Pooled Cross-Sections" (with P. Antolín), Oxford Bulletin of Economics and Statistics, 1997, 215-235.
"Housing Purchases and the Dynamics of Housing Wealth", Banco de España Working Paper 1036, 2010. Supplementary Appendix.
"Hedonic House Prices Without Characteristics: The Case of New Multiunit Housing" (with P. Velilla), ECB Working Paper no. 117, and CEPR Discussion Paper no. 3161, January 2002 (earlier version: Banco de España, Estudios Económicos no. 73, 2001).
"Quality-adjusted prices: hedonic methods and implications for national accounts" (with M. Izquierdo), Investigaciones Económicas, 27, 2003, 199-238.
"An Empirical Model of House Prices in Spain (1976-1991)", Banco de España, Research Department, Working Paper No. 9217. Spanish version published in Investigaciones Económicas, 17, 1993, 65-86.
"Housing, Wages and UK Labour Markets" (with J. Muellbauer and A. Murphy), Oxford Bulletin of Economics and Statistics, 51, 1989, 97-136. (Reprinted with comments in: Heinz Koning (ed.), Economics of Wage Determination, Springer-Verlag, 1990, 329-369).
"Are There Economies of Scale in the Demand for Money by Firms? Some Panel Data Estimates" (with N. Watson), Journal of Monetary Economics, 52, 2005, 1569-1589.
"Autoregressive Models with Sample Selectivity for Panel Data" (with M. Arellano and J. M. Labeaga). In C. Hsiao, K. Lahiri, L-F. Lee, and H. Pesaran (eds.): Analysis of Panels and Limited Dependent Variable Models, Chapter 2, Cambridge University Press, 1999, 23-48.
"Estimating Dynamic Limited Dependent Variable
Models from Panel Data" (with M. Arellano), Investigaciones Económicas, 21, 1997,
"Another Look at the Instrumental-Variable Estimation of Error-Components Models" (with M. Arellano), Journal of Econometrics, 68, 1995, 29-51.
"La Econometría de Datos de Panel" (with M. Arellano), Investigaciones Económicas, 14, 1990, 3-45.
Contaminated Limited Dependent Variable Models" (with M. Arellano),
Applied Economics Discussion Paper 11, IES, Oxford, 1986.
Consumption and Wealth
"Wealth Inequality and Household Structure: US vs. Spain", CEPR Discussion Paper No. 6680, Banco de España Working Paper 0804, 2008, Review of Income and Wealth, 56, 2010, 259-290. Awarded the John W. Kendrick Prize for the best microeconomics article published in the journal in 2010 and 2011.
"Durable Consumption and House Purchases: Evidence from Spanish Panel Data" (with A. Estrada), Banco de España, Research Department, Working Paper No. 9411.
Comment on "Intertemporal Consumer Behaviour under Structural Changes in Income" by C. Winder and F. Palm, Econometric Reviews, 8, 1989, 89-91.
"Liquidity Constraints and Aggregation in the Consumption Function under Uncertainty" (with J. Muellbauer), Applied Economics Discussion Paper 12, Institute of Economics and Statistics, Oxford, 1986.
Encuesta Financiera de las Familias (EFF) 200: link to the data at Banco de España.
Encuesta Financiera de las Familias (EFF) 200: link to the data at Banco de España.
Encuesta Financiera de las Familias (EFF) 2002: link to the data at Banco de España.
"The Spanish Survey of Household Finances (EFF): Description and Methods of the 2008 Wave", Banco de España Occasional Paper 1103, 2011.
"The Spanish Survey of Household Finances (EFF): Description and Methods of the 2005 Wave", Banco de España Occasional Paper 0803, 2008.
"The Spanish Survey of Household Finances (EFF): Description and Methods of the 2002 Wave", Banco de España Occasional Paper 0409, 2004.
", Banco de España Occasional Paper 0810, 2008.
"The Wealth of Spanish Households: A Microeconomic Comparison with the United States, Italy and the United Kingdom" (with C. Martínez-Carrascal and P. Velilla), Economic Bulletin, Banco de España, July 2005.
"El consumo en la Encuesta Financiera de las Familias", Revista Índice, INE and UAM, January 2010.
"Encuesta Financiera de las Familias (EFF)", Revista Índice, INE and UAM, November 2005.
“Consumption, Income Shocks, and Heterogeneity: Discussion of papers by Alan/Browning/Ejrnæs, Blundell/Pistaferri/Saporta-Eksten, and Alan/Crossley/Low”, Royal Economic Society Annual Conference, Cambridge, 27 March 2012
Comments on ''Caregiving to Elderly Parents and Employment Status of European Mature Women'' by Crespo and Mira, COSME Conference, Madrid 1 June 2009.
Comments on ''Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market'' by Card, Chetty, and Weber, Banco de Portugal Conference on Unemployment, Quinta do Lago 8 June 2007.
Banco de España
Institute for Fiscal Studies
Nuffield College, Economics, Ff
Spanish Economic Association
Conference on the Economics of Immigration, Fundación Ramón Areces, Madrid, 25-26 April 2003.
Conference on Household Finances and Housing Wealth, Banco de España, Madrid, 24-25 April 2007.
Conference on Household Finances and Macroeconomics, Banco de España, Madrid, 15-16 October 2009.