Welcome!

I'm Nicolás Varela García, PhD candidate in Economic History at the Universidad Carlos III de Madrid currently doing my residency at Paris School of Economics - École d'économie de Paris.

My research focuses on the political economy of Spanish monetary policy during the Francoist dictatorship. In my thesis I intend to:

1. Map the power distribution among de iure and de facto policymakers by making use of the narrative analysis of inside documentation.
2. Assess the performance of monetary policy instruments regarding coetaneous policy targets.
3. Evaluate the differential benefits experienced by the banking system derived from their unequal connections to the regime.