Adrian Carro
Research Economist at Banco de España
Madrid, Community of Madrid, Spain
Summary
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Senior🎓
Top SchoolAdrian Carro is a research economist with nine years of experience applying agent-based modelling, statistical physics and network science to complex socio-economic systems, with a particular focus on housing markets and mortgage lending. Based at Banco de España and affiliated with the Oxford Martin School, he builds data-driven simulation sandboxes to evaluate macroprudential and microprudential policy interactions, including capital and product tools. His recent work couples a highly detailed housing market model with a calibrated, heterogeneous banking sector—developed in collaboration with Bank of England researchers—to probe systemic and distributional effects of regulation. He also advances stress-testing methodologies by embedding network and systemic features to better capture contagion and resilience. Trained as a physicist (PhD in Statistical Physics and Complex Systems), he brings a quantitative, cross-disciplinary approach that blends theoretical rigor with policy-relevant modelling. An often-overlooked strength is his ability to translate complex simulation outputs into practical policy insights for central banks and regulators.
9 years of coding experience
Doctor of Philosophy - PhD, Statistical Physics and Complex Systems, Doctor of Philosophy - PhD, Statistical Physics and Complex Systems at Universitat de les Illes BalearsMaster of Science - MS, Theoretical Physics of Complex Systems, Master of Science - MS, Theoretical Physics of Complex Systems at Pierre and Marie Curie UniversityLicenciatura, Physics, Licenciatura, Physics at Universidad de Santiago de Compostela
English, French, Spanish
Stackoverflow
1reputation
0reached
0answers
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Github Skills (6)
agent-based-modeling10
agent-based-simulation10
economics10
agent9
spatial8
python8
Programming languages (1)
Github contributions (5)
INET-Complexity/housing-model
Feb 2017 - Oct 2021
Agent-based model of the UK housing market.
Contributions:268 commits, 16 PRs, 160 pushes in 4 years 9 months
housing-marketmodel-basedagent-basedpythonagent
adrian-carro/spatial-housing-model
Sep 2017 - May 2019
Spatial agent-based model of the UK housing market.
Contributions:117 commits, 15 PRs, 104 pushes in 1 year 8 months
housing-marketmodel-basedagent-basedagentspatial
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