Luis M Linde: Bank of Spain's commitment to enhanced research

Welcome address by Mr Luis M Linde, Governor of the Bank of Spain, at the First Annual Research Conference of the Bank of Spain, Madrid, 31 August 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Buenos días, good morning to everybody.

Let me welcome you all to the first Annual Research Conference of the Banco de España. We plan to make this conference our main research event each year. So, we hope that today's edition is the first of many to come. Our aim is to bring together scholars and policy-makers to express views and discuss on the key policy questions for central banking, both from an academic and a practical perspective.

The conference reaffirms the Banco de España's commitment to research as an indispensable tool for economic policy-making.  Good research strengthens the foundation of our policy framework and lays the groundwork for the models we use in our economic and monetary policy analysis.