Óscar Arce

Economics

Current Position: Director General
Fields of interest: Macroeconomics and Monetary Economics
Email: oscar.arce@ecb.europa.eu

Biography

Other current responsibilities: 2022-
Chairman of the Monetary Policy Committee of the ESCB
Education: 2000-2005
PhD in Economics. London School of Economics (London, UK); 1998-2002
PhD in Business Economics. Universidad de Burgos (Burgos, Spain); 1999-2000
MSc Economics, University College London (London, UK); 1991-1996
Bachelor in Economics and Business Administration, University of Valladolid (Valladolid, Spain)
Professional experience: 2022-
Director General Economics, European Central Bank; 2018-2022
Director General Economics, Statistics and Research, Banco de España; 2015-2018
Associate Director General for Economics and Research, at the DG Economics, Statistics and Research, Banco de España; 2015-2015
Director of the Monetary and Financial Studies Dpt., at the DG Economics, Statistics and Research, Banco de España; 2012-2015
Head of the Macroeconomic Analysis and Forecasting Division, at the Department of Economic Analysis and Forecasting, Banco de España; 2009-2012
Director of the Research and Statistics Department - Spanish Securities Market Commission - CNMV; 2008-2009
Deputy Director General, Economic Policy Department, Economic Bureau of the Spanish Prime Minister; 2004-2008
Senior Economist, Research Department, Banco de España
Awards: 2000
Banco de España Scholarship for Graduate Studies Abroad
Teaching experience: 2014-2014
Adjunct professor (part-time), University of Navarra, Master on Banking; 2011-2012
Adjunct professor (part-time), IE Business School; 2005-2007
Adjunct professor (part-time), ICADE (Madrid); 2003-2004
London School of Economics, Dpt. of Economics: Temporary lecturer (macroeconomics, graduate); 2001-2003
London School of Economics, Dpt. of Economics: class teacher (macro & micro undergraduate); 1997-1999
Lecturer, macro, micro, international economics. Dpt. of Applied Economics, University of Burgos

ECB publications

7 June 2023

THE ECB BLOG

More jobs but fewer working hours

English

JEL Code: E24 : Macroeconomics and Monetary Economics→Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy→Employment, Unemployment, Wages, Intergenerational Income Distribution, Aggregate Human Capital
E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation

30 March 2023

THE ECB BLOG

How tit-for-tat inflation can make everyone poorer

English

JEL Code: E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation

24 February 2023

THE ECB BLOG

One year since Russia’s invasion of Ukraine – the effects on euro area inflation

English

JEL Code: E30 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→General
E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation

1 March 2023

THE ECB BLOG

Integrating Ukrainian refugees into the euro area labour market

English

25 August 2016

WORKING PAPER SERIES - No. 1942

Policy spillovers and synergies in a monetary union

English

Abstract: We provide a general equilibrium framework for analyzing the effects of supply and demand side policies, and the potential synergies between them, in an asymmetric monetary union that faces a liquidity trap and a slow deleveraging process in its
JEL Code: E44 : Macroeconomics and Monetary Economics→Money and Interest Rates→Financial Markets and the Macroeconomy
E63 : Macroeconomics and Monetary Economics→Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook→Comparative or Joint Analysis of Fiscal and Monetary Policy, Stabilization, Treasury Policy
D42 : Microeconomics→Market Structure and Pricing→Monopoly
Network: Task force on low inflation (LIFT)

External publications

2023

Economic Policy

Bank lending policies and monetary policy: Some lessons from the negative interest era