The CNMV´s objective in publishing this Working Papers Series is to disseminate original research in the field of the securities markets. With this series the CNMV aims at helping towards a better understanding of securities markets, their functioning and their regulation.

The opinions and analyses in this series are the sole responsibility of the authors and they do not necessarily coincide with those of the CNMV.

Working Papers Series
Títle, description and authorsNumberYearOther paper 
832023 Análisis sobre la implantación del impuesto español sobre transacciones financieras en los mercados... Analysis of the implementation of the Spanish Financial Transaction Tax in Equity Markets 83 2023
812023 Medición del riesgo de transición en los fondos de inversión 81 2023 Measuring Transition Risk in Investment Funds 81 2023
802022 On the Behavior of the Spanish Capital Market 80 2022 On the Bahavior of the Spanish Capital Market 80 2022
792022 Regulating Liquidity Risk in Mutual Funds 79 2022
752021 Educación financiera y decisiones de ahorro e inversión: un análisis de la Encuesta de Competencias... Financial education and savings and investment decisions: An analysis of the Survey of Financial...
742021 Deconstrucción del riesgo sistémico: un método de prueba de resistencia inversa 74 2021 Deconstructing sistemyc risk: A reverse stress testing approach 74 2021
732021 Estimación de probabilidades representativas del mundo real: Importancia de los sesgos conductuales... Estimating real word probabilities: a forward-looking behavioral framework 73 2021
722021 Regulación de género en los consejos de administración: El papel moderador del entorno... Gender Regulations on boards of directors: The moderating role of the Institutional environment 72...
702020 Economía conductual para la protección del inversor: Recomendaciones prácticas para inversores,... Behavioural economics for investor protection: Practical recommendations for investors, entities...
682018 Rethinking Capital Regulation: The Case for a Dividend Prudential Target 68 2018
672017 Financial density forecasts: A comprehensive comparison of risk-neutral and historical schemes 67...
592015 Network-based Measures as Leading Indicators of Market Instability: The case of the Spanish Stock...
522011 El acceso de las pymes con potencial de crecimiento a los mercados de capitales 52 2011 Access of SMEs with growth potential to the capital markets 52 2011
162006 Actividad de las entidades de capital riesgo en España 16 2006
122006 Las exclusiones de negociación bursátil en el mercado español y el capital riesgo 12 2006