Enric Martorell

I am a Senior Research Economist at Banco de España.

I am also an Adjunct Professor at the Department of Economics of CUNEF.

My research interests are in the broad fields of macroeconomics, growth, and finance.

I hold a PhD in Economics from the University of Edinburgh.

You can contact me at [email protected].

Work in Progress

• "The Ironies of Automation: A growth theory perspective" [Draft]
• "Transfer progressivity and aggregate development"
  (with L. de Magalhaes and R. Santaeulalia-Llopis) [Slides]
• "Monetary policy, bank leverage and systemic risk-taking"
  (with K. Aoki and K. Nikolov) [Draft]
• "The nexus between the deposit and risk-taking channels of monetary policy"
  (with J. E. Gutiérrez and M. Melnychuk) [Draft]

Publications

• Garcia-Villegas, S., & Martorell, E. (2024). "Climate transition risk and the role of bank capital requirements". Economic Modelling, 135, 106724. [Journal] [SSRN]

Teaching

• Economic Growth - CUNEF (2025-present)