Não disponível em português
Marinela-Daniela Filip
Economics
- Division
Supply Side, Labour and Surveillance
- Current Position
-
Economist
- Fields of interest
-
Macroeconomics and Monetary Economics,Economic Growth,Other Special Topics
- Education
- 2023
PhD Candidate in Economics, University of the Basque Country, Spain
- 2017-2018
MA in Economics of Globalisation and European Integration, University of Antwerp, Belgium
- 2012-2017
BA in Economics, University of Barcelona, Spain
- Professional experience
- 2022
Economist - Supply Side, Labour and Surveillance Division, Directorate General Economics, European Central Bank
- 2021-2022
Economist - Fiscal Policies Division, Directorate General Economics, European Central Bank
- 2020-2021
Economist - National Office of Foresight and Strategy, Cabinet of the Spanish Prime Minister, Spain
- 2019-2020
Economist - Spain and Portugal Division, BBVA Research, Spain
- 2018-2019
Trainee - Euro Area External Sector and Euro Adoption Division, Directorate General Economics, European Central Bank
- 31 March 2025
- WORKING PAPER SERIES - No. 3045Details
- Abstract
- This paper investigates the impact of regional institutional quality on economic growth and economic resilience. Using data collected by the Quality of Government Institute, we conduct a two-way fixed effect panel regression model for around 200 European regions during the period 2010 to 2021. Our findings establish a positive relationship between institutional quality and medium-term GDP growth. This effect is more pronounced in regions with low-income per capita, highlighting the importance of asymmetries across European regions. A convergence of regions with low institutional quality to the EU median would increase annual GDP per capita growth by 0.5 percentage points over the medium-term. Additionally, regions with high quality institutions are more resilient to adverse shocks and have a lower incidence of crisis. Our results suggest that regional institutional reforms, such as increasing public sector efficiency or reducing corruption, would spur growth, resilience, and convergence in the European economy.
- JEL Code
- O43 : Economic Development, Technological Change, and Growth→Economic Growth and Aggregate Productivity→Institutions and Growth
E02 : Macroeconomics and Monetary Economics→General→Institutions and the Macroeconomy
R11 : Urban, Rural, Regional, Real Estate, and Transportation Economics→General Regional Economics→Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
R50 : Urban, Rural, Regional, Real Estate, and Transportation Economics→Regional Government Analysis→General
C23 : Mathematical and Quantitative Methods→Single Equation Models, Single Variables→Panel Data Models, Spatio-temporal Models
- 11 February 2025
- THE ECB BLOGDetails
- JEL Code
- E52 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→Monetary Policy
E60 : Macroeconomics and Monetary Economics→Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook→General
- 11 February 2025
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 1, 2025Details
- Abstract
- This article discusses the role institutions play in supporting European competitiveness and makes the case for urgent and concrete structural reforms. Productivity growth in Europe has been disappointingly low in the last three decades, which is closely linked to the shortcomings in firm dynamism, investment, breakthrough innovation and the diffusion of digital technology. Efficient and effective institutions at the national and EU levels are needed to support innovation and investment and boost productivity, which in turn will raise competitiveness. This is particularly important in the context of increased geopolitical tensions and the need to facilitate the digital and green transitions.
- JEL Code
- O43 : Economic Development, Technological Change, and Growth→Economic Growth and Aggregate Productivity→Institutions and Growth
O32 : Economic Development, Technological Change, and Growth→Technological Change, Research and Development, Intellectual Property Rights→Management of Technological Innovation and R&D
O18 : Economic Development, Technological Change, and Growth→Economic Development→Urban, Rural, Regional, and Transportation Analysis, Housing, Infrastructure
J24 : Labor and Demographic Economics→Demand and Supply of Labor→Human Capital, Skills, Occupational Choice, Labor Productivity
F02 : International Economics→General→International Economic Order
- 3 December 2024
- THE ECB BLOG
- 29 June 2023
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 4, 2023Details
- Abstract
- The box provides an analysis of the recent increase in inflation differentials in the euro area countries and its impact on price competitiveness. To a certain extent, inflation differentials are normal in a currency union, insofar as they reflect temporary adjustments to shocks or are associated with catching-up processes. However, in other cases, inflation differentials may reflect persistent diverging cost developments, possibly related to a spillover of energy and/or food price shocks into labour cost differentials, or structural challenges such as nominal and real rigidities in product and labour markets. In such cases, inflation differentials may cause significant shifts in price competitiveness that need to be addressed by structural policies and/or countercyclical fiscal policy. Several euro area countries with legacy external imbalances have improved their price competitiveness in recent years when compared with the pre-pandemic period, while others have recorded considerable losses in price competitiveness.
- JEL Code
- E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation
F32 : International Economics→International Finance→Current Account Adjustment, Short-Term Capital Movements
J31 : Labor and Demographic Economics→Wages, Compensation, and Labor Costs→Wage Level and Structure, Wage Differentials
- 20 April 2023
- OCCASIONAL PAPER SERIES - No. 315Details
- Abstract
- Fiscal policy plays a prominent role in climate change mitigation and adaptation. An optimal combination of revenue policies, in particular taxes, and expenditure policies, such as subsidies and investment, is essential in order to achieve greenhouse gas emissions targets. This paper analyses the main fiscal instruments in place in European Union Member States, focusing on specific issues, such as the fiscal impact of extreme weather events, the interaction between debt sustainability and climate change, the green investment gap and the distributional impact of climate policies. The paper aims to provide an overview of existing fiscal policies and of the main fiscal challenges for a comprehensive European climate change strategy.
- JEL Code
- H2 : Public Economics→Taxation, Subsidies, and Revenue
H5 : Public Economics→National Government Expenditures and Related Policies
H6 : Public Economics→National Budget, Deficit, and Debt
Q54 : Agricultural and Natural Resource Economics, Environmental and Ecological Economics→Environmental Economics→Climate, Natural Disasters, Global Warming
Q58 : Agricultural and Natural Resource Economics, Environmental and Ecological Economics→Environmental Economics→Government Policy
D63 : Microeconomics→Welfare Economics→Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- 2024
- SSRN 4891136
- 2021
- Ministry of the Presidency, Madrid, ISBN 978-84-7471-150-9
- 2020
- BBVA Research
- 2020
- BBVA ResearchSpain Economic Outlook (2019Q4, 2020Q1 and 2020Q2)
- 2020
- BBVA Research
- 2020
- BBVA Research