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    Archived pages: 538 . Archive date: 2014-01.

  • Title: CREI Launches Bi-Annual Macroeconomics Lecture Series - Barcelona GSE
    Descriptive info: FAQ.. News.. Events.. Home.. CREI Launches Macroeconomics Lecture Series.. Admissions.. Student Resources.. News & Media.. 20/06/2008.. CREI Launches Bi-Annual Macroeconomics Lecture Series.. On June 17-19th, the Centre de Recerca en Economia Internacional (CREI) launched a bi-annual lecture series devoted to macroeconomics.. The first edition of the series was given by.. Robert Shimer.. (U Chicago).. The lecture series, founded with support from Princeton University Press, aims to bring young but already senior speakers to the Barcelona economics community.. The lectures will provide a high-level summary of recent work that has already had a large impact on the profession.. The lectures were held at the main campus of the UPF in Barcelona in the new Wellington building, site of CREI and the central offices of the GSE.. In addition to the bi-annual lecture  ...   matching frictions on the labor market.. He graduated with a BA from Yale in 1990, and holds a PhD in Economics from MIT.. Prior to joining the University of Chicago, Shimer taught at Princeton University.. He is a co-chair of the NBER Economic Fluctuations and Growth Macro-Perspectives group, and has served as editor of the.. Journal of Political Economy.. since 2004.. CREI.. , one of the four academic bodies of the Barcelona GSE, is a research center promoted by the Universitat Pompeu Fabra (UPF) and the Government of Catalonia.. CREI Lectures in Macroeconomics Brochure (pdf).. Back.. Professor Shimer discusses his research in labor markets and business cycles.. Attendees of the inaugural lecture.. Robert Shimer (left) Jordi Galí (middle) and Joachim Voth (right) speak during a break in the lecture series.. Contact GSE..

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  • Title: Salvador Barbera Awarded Prestigious Rei Jaume I Prize - Barcelona GSE
    Descriptive info: Salvador Barbera Awarded Prize.. 06/06/2008.. Salvador Barberà Awarded Prestigious Rei Jaume I Prize.. GSE Affiliated Professor.. Salvador Barberà.. has been named as one of the six recipients of the 2008 edition of the Rei Jaume I Prize, an award given annually to recognize the significant contributions of top Spanish scientists.. Professor Barberà, who is Director of the.. GSE Research Network.. (formerly CREA) and Professor at the UAB, is being awarded the prize in recognition for his important role in the development of economics research in Spain, in particular his promotion of the emerging field of economics of science and innovation.. Professor Barberà is Program Director of the GSE s.. Msc in the Economics of Science and Innovation.. , which he helped create in 2006.. The Secretary of the Foundation of the Rei Jaime I Award, Santiago Grisolía, announced the awardees on June 3rd during a ceremony in Valencia attended by the president of the Valencian Government, Francisco Camps.. Reacting to news of the award, Professor Barberà said I am honored by the prize.. It adds me to a list of scientists that I respect a lot, and that already included Barcelona GSE professors Jordi Galí and Joan Maria Esteban.. Since the creation of the Economics category in 1991, three GSE Affiliated Professors have received the prize: Salvador Barberà this year,.. Joan María Esteban.. (GSE and IAE-CSIC) in 2007, and.. (GSE and CREI) in 2004.. I feel it is a recognition of my lifetime research work in Social Choice Theory, and I am also glad that the nomination mentions my recent interest in the economics of science and innovation, which led us to start the Master s program in this field,  ...   100.. 000 from the Valencian Government and FVEA and a commemorative gold medal.. Professor Barberà s contributions to economic theory have been immense, centering on public economics, incentives, utility, and game theory.. He is regarded as an expert in social choice theory, the design of strategy-proof mechanisms, and the analysis of voting procedures, and the economics of innovation.. His publications frequently appear in top economics journals, and he has co-edited a two-volume.. Handbook of Utility Theory.. Professor Barberà received his PhD in Economics from Northwestern University in 1975.. He has been professor at the UAB since 1986, and in 2006 designed and founded the Barcelona GSE Msc in the Economics of Science and Innovation, of which he is currently Program Director.. He has also continued in his role as Director of the Barcelona GSE Research Network as it was renamed from CREA/XREA earlier this year.. He served as General Secretary of Research and Technological Policies in the Spanish Ministry of Education and Science (2004-2006).. Prior to that, between 2000 and 2004, he was the first director of the Catalan Institution for Research and Advanced Studies (ICREA), a foundation created by the Catalan Government in order to consolidate in Catalonia a group of high-level scientists of all origins.. He is a fellow of the Econometric Society and a recipient of the Rey Juan Carlos Award in Economics.. In 2007 Professor Barberà was awarded a.. doctor honoris causa.. from the Universidad Pablo Olavide as well as the Catalan Foundation for Research and Innovation Prize.. Professor Salvador Barberà at the Bellaterra Campus, location of the School s Msc in the Economics of Science and Innovation.. Professor Barberà after receiving news of the prize..

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  • Title: IAE, UPF, and UAB Host Workshop on the Political Economy of Democracy - Barcelona GSE
    Descriptive info: IAE UPF UAB Host Workshop.. 09/06/2008.. IAE, UPF, and UAB Host Workshop on the Political Economy of Democracy.. On June 5-7, a workshop on the.. Political Economy of Democracy.. was held in the new building of the Institute for Economic Analysis (IAE-CSIC) in the Bellaterra Campus.. The workshop provided the opportunity for researchers from international institutions, to convene in Barcelona and share their latest research.. The participants included GSE Board of Trustees Member Joaquim Silvestre (UC Davis) as well as seven GSE Affiliated Professors: Enriqueta Aragonès (IAE-CSIC), Salvador Barberà (UAB), Carmen Beviá (UAB), Patricia Funk (UPF), Daniela Iorio (UAB), Humberto Llavador (UPF), and Clara Ponsatí (IAE-CSIC).. Among institutions represented were Princeton University, Columbia University, LSE, Caltech, Harvard University, MIT, Yale University and three of the GSE s founding academic institutions: the Institut d Anàlisi Econòmica (CSIC), the Universitat Autònoma de Barcelona, and the Universitat Pompeu Fabra.. The three-day workshop was organized the GSE Affiliated Professors.. Enriqueta Aragonès.. (GSE and IAE-CSIC),.. Humberto Llavador.. (GSE and UPF), and.. Carmen Beviá.. (GSE and UAB), and Washington University Professor Norman Schofield.. Financial support for  ...   and other forms of government, bargaining and negotiation in politics, and other hot topics relating to the political economy of democracy.. The first presentation of the workshop was given by organizer Enriqueta Aragonès (IAE-CSIC) and Pilar Dellunde (UAB), who discussed their proposed study.. An Automated Model of Government Formation.. The session was chaired by Helios Herrera (Columbia University).. The second day of the workshop commenced with a presentation by organizer Carmen Beviá (UAB) on.. Peace Agreements without Commitment.. , chaired by Gerard Padro (London School of Economics).. The third and final day of the workshop opened with a talk by organizer Humberto Llavador (Universitat Pompeu Fabra) on.. An Agenda-Setting Model of Electoral Competition.. , chaired by Oriol Carbonell (Rutgers University).. The workshop closed with a talk by organizer Norman Schofield (Washington University) on.. An Activist Model of Democracy.. , chaired by Luis Corchón (Universidad Carlos III de Madrid).. Full program.. List of participants.. The workshop featured the cutting-edge research of many international participants.. Professor Aragonès presents her research.. Workshop attendees asking questions after the presentation.. Workshop attendees during a coffee break..

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  • Title: Jordi Gali 8th Most Cited Scientist in Economics & Business - Barcelona GSE
    Descriptive info: Jordi Gali Most Cited Scientist Economics.. 04/06/2008.. Jordi Galí 8th Most Cited Scientist in Economics Business.. Barcelona GSE Affiliated Professor.. has emerged as one of the most cited researchers in Economics and Business, according to data from Thomson Scientific s Essential Science Indicators SM.. The ranking is based on total citations from January 1997 to October 2007.. Galí, who is Professor at the UPF and Director and Senior Researcher at CREI in addition to his affiliation with the GSE, appeared in the 8th position on the list, between MIT Professor Daron Acemoglu (7th) and Haas School of Business Professor David J.. Teece (9th).. Essential Science Indicators lists authors ranked in the top 1% of a field over a given period, based on total citations.. For the current ranking, 930 authors were listed in the field of economics and business, meaning that a total of approximately 93,000 author records were reviewed to obtain the results.. This most recent finding accompanies several previous rankings that reveal the large impact that Professor Galí s research has had on his fields of research.. According a study described in Publishing Performance of Spanish Academics: 1970-2004 by D.. Rodriguez, published in the.. Spanish Economic Review.. in 2006, Galí tops the list of most productive Spanish researchers  ...   at the NBER, and a Fellow of the Econometric Society.. He has been consultant to the European Central Bank, the Federal Reserve and other central banks.. Scientist Rankings in Economics Business.. Based on total citations.. Data from.. Thomson Scientific s.. Essential Science Indicators.. SM,.. January 1997 to October 2007.. Rank.. Scientist.. Papers.. # Cit.. # Cit Per.. Paper.. SHLEIFER, Andrei.. Harvard University,.. Cambridge, MA, USA.. 55.. 4,384.. 79.. 71.. LOPEZ DE SILANES, Florencio.. EDHEC Business School,.. 06202 Nice Cedex 3, France.. 23.. 2,811.. 122.. 22.. LA PORTA, Rafael.. Tuck School of Business.. Dartmouth College,.. Hanover, NH, USA.. 21.. 2,808.. 133.. VISHNY, Robert W.. Graduate School of Business,.. University of Chicago,.. Chicago, IL, USA.. 8.. 1,747.. 218.. 38.. 5.. LEVINE, Ross.. Brown University,.. Providence, RI, USA.. 34.. 1,589.. 46.. 74.. 6.. FEHR, Ernst.. University of Zurich,.. Zurich, Switzerland.. 36.. 1,578.. 43.. 83.. 7.. ACEMOGLU, Daron.. Massachusetts Institute of Technology,.. 51.. 1,531.. 30.. 02.. 8.. GALI, Jordi.. Pompeu Fabra University,.. Barcelona, Spain.. 24.. 1,427.. 59.. 46.. 9.. TEECE, David J.. Haas School of Business,.. University of California, Berkeley.. Berkeley, CA, USA.. 16.. 1,418.. 88.. 62.. 10.. TIROLE, Jean.. Industrial Economics Institute,.. University of Toulouse I,.. Toulouse, France.. 52.. 1,401.. 26.. 94.. UPF Professor, CREI Senior Researcher and Barcelona GSE Affiliated Professor Jordi Galí..

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  • Title: Calvo-Armengol International Prize Inauguration - Barcelona GSE
    Descriptive info: News67.. 30/05/2008.. Calvó-Armengol International Prize Inauguration.. The Calvó-Armengol International Prize in Economics was formally presented on Friday, May 30, during a 3-day conference in his memory.. It will be awarded to a top researcher in economics or social sciences younger than 40 years old for their contributions to theory and comprehension of the mechanisms of social interaction.. The prize, which will be awarded every 2 years, endeavors to become one of the leading and most prestigous prizes recognizing young economics and social scientists.. It was created in memory of UAB Professor and GSE Affiliated Professor.. Antoni Calvó-Armengol.. , a beloved member of the GSE community and highly esteemed researcher who passed away unexpectedly in November 2007.. Widely regarded as one of the leading theorists of his generation, Toni is well known for his work in social networks and left behind a large body of literature that has had a lasting impact in his field.. Some of the highlights include his work on social networks in labor markets, which demonstrates how patterns of employment and wages could be explained when one takes into account the sharing of job information through networks.. His research was varied, and even included a study on a unique Andorran mutual fire insurance policy, called La Crema , that allowed for effective risk sharing.. Toni also developed a simple but elegant network model of criminal behavior that provides a connection between behavior and the centrality of players in the network, showing how the centrality of a player accounts for their influence on equilibrium play.. The launching of the prize is most appropriate in light of the brilliant body of research and the intellectual impact that Toni achieved in such a short  ...   associated Calvó-Armengol Lecture , a Barcelona-based lecture that will feature a renowned economist.. The ceremony was held at the Institute of Economic Analysis (IAE-CSIC) building on the Bellaterra Campus on the 2nd day of a conference dedicated to Calvó-Armengol titled.. Social Networks and Peer Effects: Theory and Applications.. -- a conference he expressed a desire to organize last year.. It was attended by members of the GSE community and included short speeches by.. Clara Ponsatí.. , Director of the IAE-CSIC and GSE Affiliated Professor;.. , UAB Professor and GSE Master Director;.. , GSE Chairman; Lluis Ferrer, Rector of the UAB; Juli Minoves, Spokesperson for the Government of Andorra; and Antoni Serrano, representative of Fundació Crèdit Andorrà.. The intellectual legacy of Toni will live on through his research, said Clara Ponsatí at the start of the conference.. The creation of the prize will be one of many ways that his friends, family, and colleagues will continue to honor his life and work.. UAB Professor and Barcelona Research Network Director Salvador Barberà gives a speech in memory of his friend and colleague.. The event featured a panel of speakers involved with the prize.. From left: Clara Ponsatí, Director of IAE-CSIC; Andreu Mas-Cole.. ll, Chairman of the GSE;.. Lluis Ferrer, Rector of the UAB; Juli Minoves, Spokesperson for the Government of Andorra; Antoni Serrano, representative of Fundació Crèdit Andorrà; and Salvador Barberà, UAB Professor and GSE Research Network Director.. IAE-CSIC Director and GSE Affiliated Professor Clara Ponsatí gives an overview of Professor Calvó s research.. GSE Chairman Andreu Mas-Colell outlines the details of the prize and its associated events.. A conference in honor of Professor Toni Calvó-Armengol marked the occasion for the revealing of the International Prize..

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  • Title: New Professors Join Barcelona GSE Community - Barcelona GSE
    Descriptive info: News66.. 23/05/2008.. New Professors Join Barcelona GSE Community.. The 2008-2009 academic year will bring some new faces to the Barcelona GSE community, as 13 tenured and tenure track professors and researchers join the faculty of supporting institutions of the GSE.. The GSE community, composed of researchers from the.. UPF.. ,.. UAB.. IAE-CSIC.. , and.. , will benefit from the energy and expertise these new professors bring.. Their work in teaching and research will add strength and vitality to the already prominent community.. The Chairman of the Barcelona GSE, Andreu Mas-Colell, welcomes the new additions, noting that an outstanding faculty in our founding institutions with a broad range of research and teaching interests is the key to developing attractive, rigorous graduate programs and continuing to produce world class research.. An alphabetical listing of the new faculty with a short description:.. Albert Banal-Estañol.. (UPF) has been Senior Lecturer in Corporate Finance at City University London since 2005.. His specializations are industrial organization, economics of organizations, corporate finance, competition and regulation, banking, and energy markets.. He received his PhD in 2003 from the UAB, and has held previous positions as Visiting Lecturer University of Cambridge (2005-2006) and Assistant Professor at University of Western Ontario (2003-2005).. Vasco Carvalho.. (CREI and UPF) will receive is PhD from University of Chicago in 2008, and holds an M.. Phil from University of Cambridge (2005).. His areas of research include macroeconomics with emphasis on business cycle phenomena, econometrics, and applied econometrics with emphasis on time series.. Rosario Crino.. (IAE-CSIC) will receive his PhD in 2008 from University of Milan, where he is also Research assistant at CESPRI.. Previously, he was visiting student at the University of California San Diego (2002 and 2007).. His main research interests  ...   to complete his PhD in Economics in 2008.. He works primarily in business economics and telecommunication and information technology.. Stephan Litschig.. (UPF) is finishing up his PhD at Columbia University and works primarily in development, public economics and political economy.. Hannes Mueller.. (IAE-CSIC) is a Tutorial Fellow and PhD student at the London School of Economics.. His primary areas of research are political economy, economic development, organizational economics, and contract theory.. Kristoffer Nimark.. (CREI) received his PhD from the EUI in 2005.. He is currently visiting assistant professor at New York University and Senior Research Manager at the Reserve Bank of Australia.. Ander Pérez.. (UPF) is finishing up his PhD at LSE and works primarily on topics related with finance.. His research interests are corporate finance, banking, financial regulation and macro-finance.. Hugo Rodriguez.. (IAE-CSIC) received his PhD from University of Chicago in 1997.. He has been I3P Researcher at the IAE since 2006, and held previous positions at the European Central Bank, UAB, and UPF.. His research interests include macroeconomics, monetary economics, and international economics.. Ana Rute Cardoso.. (IAE-CSIC) is currently Senior Research Associate at IZA (Institute for the Study of Labor, Bonn) and Associate Professor at University of Minho (on leave).. She received her PhD in 1997 from the European University Institute.. She has held Visiting Fellowships at the Bank of Portugal (2002 and 2000) and the Australian National University (2001).. Her research interests include earnings dispersion and mobility, employer behavior, and labor economics.. Stefano Trento.. (UAB) is currently completing his PhD at Universidad Carlos III.. He was visiting PhD student at Washington University in 2007.. His areas of research are macroeconomics, industrial organization, and economics of innovation.. (UPF).. (CREI and UPF).. (IAE-CSIC).. (ICREA-UPF).. (CREI).. Hugo Rodríguez.. (UAB)..

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  • Title: Top Firms Court Msc in Competition Students - Barcelona GSE
    Descriptive info: News65.. 15/05/2008.. Top Firms Court Msc in Competition Students.. Students in the Msc in Competition and Market Regulation (.. MCR.. ) have received offers for both internship and full-time jobs from companies such as the Competition Commission, LECG, OFCom, and RBB Economics.. The students success can be explained by several factors.. The MCR students will graduate prepared to address competition and market regulation issues competently in all sectors, explains.. Juan José Ganuza.. , Executive Director of the MCR program.. The fact that they have specialist training makes them very appealing to companies, and students can expect to find quick post-graduation employment.. Additionally, the Msc in Competition and Market Regulation offers an.. internship program.. designed to facilitate the transition from the master into a competitive position in the graduate s desired sector, including government institutions, regulatory agencies, competition agencies, large companies, and consulting firms.. Overall, students in the MCR program have more than 20 positions available to them.. The GSE has taken a keen interest in our priorities and always sought the best position to match our profiles, says Hector Otero Otero, an MCR student who will be interning at the Competition Commission in the UK this summer.. The program has made internship agreements with a number of companies throughout Europe, including the Competition Commission, Conseil de la Concurrence, OfCom (Office of Communications- UK), OFT (Office of Fair Trading - UK), FEDEA, SFR Vodafone, EDF, LECG, The Brattle Group, Clifford-Chance, RBB Economics, and Telecom Italia.. Fabiana Tito, an MCR student from Brazil, is one example of the success students have encountered in the job market.. After being interviewed by several companies that learned about her through the internship program, she received offers from the Competition Commission, LECG, OfCom,  ...   the guidelines for market regulation.. As such, says Fabiana, it provides a very good setting to acquire the tools needed in practical antitrust and regulation applications, at the same time developing a thorough understanding of the theoretical foundations of competition policy and industrial organization.. Moreover, she continues, the MSc in Competition and Market Regulation benefits from the strong reputation of the UPF and UAB and by the fact that their experts are renowned academics, former senior government officials and experienced consultancy leaders.. While most students in the MCR program have opted to enter the work force as practitioners well versed in the latest issues in Competition Policy, others have chosen to pursue a higher degree.. Guillem Roig, a student in the program, has received an acceptance to the PhD program at Université Toulouse 1 Sciences Sociales, where he will attend in the fall.. Success in the job market has not been limited to students in the MCR program.. Students in the other new master of the GSE, the Msc in the Economics of Science and Innovation (.. MESI.. ), have had similar success in the post graduation job-hunt.. Crosby MacDonald, a student in the MESI program who will be working at LECG in the coming fall in their London office, emphasizes the importance of the Barcelona GSE s global network.. By placing me within a network of top students and professors, past and present, the GSE provided an environment full of contacts in the economics field.. Students in the MCR program attend class at the Ciutadella campus.. Professor Massimo Motta, Director of the.. Msc in Competition and Market Regulation.. , teaches a course.. The MCR program emphasizes specialized training with an objective for immediate employment after graduation..

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  • Title: Scientific Council Member Richard Blundell Speaks on Consumption Inequality at UPF - Barcelona GSE
    Descriptive info: News61.. 14/04/2008.. GSE Scientific Council Member Richard Blundell Visits UPF to Speak on Consumption Inequality.. New research by Scientific Council member Richard Blundell (UCL and Institute for Fiscal Studies) explores the link between income inequality and consumption inequality through the degree of insurance to income shocks.. Results of the paper, titled.. Consumption Inequality and Partial Insurance.. , were shared in a UPF Labor, Public and Development Seminar on April 11 at the Ciutadella Campus.. One of the research s central findings was that the disjuncture between income and consumption inequality in the US during the 1980s is largely explained by changes in the persistence of income shocks.. The findings of the paper, forthcoming in.. American Economic Review.. , constitute what Professor Blundell describes as an attempt to reconcile existing research on changes in inequality in income and consumption, examinations of inequality over time via consumption and income, and work on intertemporal decisions under uncertainty.. Using newly available consumption data, Professor Blundell, together with coauthors Luigi Pistaferri (Stanford and CEPR) and Ian Preston (UCL and Institute for Fiscal Studies) documented a disjuncture between income and consumption inequality in the US over the 1980s.. Further analyses revealed that the disjuncture was likely caused by changes in the persistence of income shocks.. In particular, an initial growth in the variance of permanent shocks is then replaced  ...   shocks, the research can be relevant to issues of the incidence and permanence of poverty studied in the labor economics literature.. Studying how well families smooth income shocks, how this changes over time in response to changes in the economic environment confronted, and how different household types differ in their smoothing opportunities, is an important complement to understanding the effect of redistributive policies and anti-poverty strategies, concludes Professor Blundell.. The Barcelona GSE community offers over 20 seminars and workshops on both the Ciutadella and Bellaterra campuses covering a wide variety of topics in economics.. Upcoming.. UPF Labor, Public and Development Seminars.. will feature Eliana La Ferrara (Università Bocconi; IGIER) on April 18, Ethan Lewis (Dartmouth University) on April 25, and Sendhil Mullainathan (Harvard University) on May 7.. Richard Blundell last visited the Barcelona GSE campuses in March, when he attended the first meeting of the School s.. He holds the David Ricardo Chair of Political Economy at University College London, where he was appointed Professor of Economics in 1984.. Since 1986 he has been Research Director of the Institute for Fiscal Studies, where he is also Director of the ESRC Centre for the Microeconomic Analysis of Public Policy.. He was appointed to the Scientific Council of the Barcelona GSE in 2006.. Professor Blundell (center) at the GSE Scientific Council meeting in March 2008..

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  • Title: 13th Barcelona Economics Lecture Features Robert J. Barro - Barcelona GSE
    Descriptive info: News60.. 04/04/2008.. 13th Barcelona Economics Lecture Features Robert J.. Barro.. On April 3 at 19.. 00, Harvard Professor.. Robert Barro.. spoke about Macroeconomic Crises since 1870 at the Centre Internacional de Premsa de Barcelona.. The talk was part of the Barcelona Economics Lecture series organized by the.. Over 50 students, professors, and researchers affiliated with the community were in attendance.. The event began with a brief introduction by.. Jaume Ventura.. , GSE Affiliated Professor and CREI Senior Researcher.. Professor Barro, who is Paul M.. Warburg Professor of Economics at Harvard University and, according to IDEAS/RePEc, among the 10 best economists in the world, began his talk by describing why he initially became interested in examining how real disasters and crises affect the behavior of asset prices, consumption, welfare and other variables.. Our initial idea was to expand on the Maddison data to include measures that were closer to the consumption concept that mattered to economic theory, says Professor Barro, who used the data he previously in a 2006 study on rare economic disasters.. Together with Harvard PhD student José Ursua, Professor Barro set out to expand, revise and reformulate much of the available GDP data.. The researchers identified 42 countries that could provide long-term information dating back to WWI, including 35 countries on GDP and for 22 on personal consumer expenditure.. For samples that start as early as 1870, Professor Barro applies a peak-to-trough method for each country to isolate economic crises, defined as cumulative declines in per capita personal consumer expenditure or GDP by at least 10%.. In a global context at least since 1870, the most serious economic disaster in terms of incidence and severity of declines in per capita personal consumer expenditure and GDP was World War II.. This event was followed in terms of economic impact by World War I and the Great Depression, the early 1920s (possibly reflecting the influenza epidemic of 1918-20), and post-World War II events such as the Latin American debt crisis and the Asian financial crisis.. Interestingly, Professor Barro found the US to be an outlier in many instances.. For example, during WWII the US grew like crazy with per capita GDP, while in many other countries this  ...   opens the door for follow up analyses to answer further research questions.. Professor Barro plans to conduct a statistical analysis that uses all the time-series data and includes estimation of long-run effects of crises on levels and growth rates of per capita personal consumer expenditure and GDP.. He also intends to study the bond-bill premium and allow for time- varying disaster probabilities.. Though his contributions to the field of macroeconomics have been enormous, Professor Barro began his education intending to pursue a career in the physical sciences.. He graduated with a B.. S.. in physics from the California Institute of Technology in 1965, but soon after realized that he would be more successful using his technical and math background to address social problems, according to an interview with the IMF F D magazine.. In 1970 he earned a Ph.. D.. in economics from Harvard University.. Professor Barro s research is both extensive and varied, relevant to many of the economic and public policy debates, including business cycle theory, growth theory, the neo-classical synthesis and public policy.. Boston University s Robert King, a former colleague of Professor Barro, cited him in the IMF s F D magazine as an influential applied macroeconomist of his generation, because his impact stems not from a single contribution but from the fact that in virtually every major area of the field you have to contend with a paper by Barro.. Professor Barro established his reputation with a 1974 paper Are Government Bonds Net Wealth? which is one of the most commonly cited articles in macroeconomics literature.. Following this early success Professor Barro has continued to produce compelling research in a number of areas.. He is well known outside of academia for his columns in the Wall Street Journal and Business Week.. Barro has written a number of textbooks on macroeconomics and monetary policy, including a book, Economic Growth , co-authored with GSE faculty member Xavier Sala-i-Martin.. Macroeconomic Crises Since 1870.. (pdf).. GSE Affiliated Professor Jaume Ventura introduces Professor Barro.. Professor Barro describes his research.. Lecture attendees.. The Barcelona Economics Lecture was followed by a cava reception.. Professor Barro speaks with a colleague.. Barcelona GSE students at the reception.. Two GSE Affiliated Professors..

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  • Title: CREI-CEPR Workshop Examines Salient Issues in Global Interdependence - Barcelona GSE
    Descriptive info: News58.. 01/04/2008.. CREI-CEPR Workshop Examines Salient Issues in Global Interdependence.. On March 28-29, CREI and CEPR jointly hosted the Third Annual Workshop on Global Interdependence at the Ciutadella Campus in Barcelona.. The workshop presented the opportunity to share and discuss cutting-edge research related to issues in global integration and economic interdependence.. It was sponsored by CREI and CEPR under the organization of professors.. Fernando Broner.. (GSE, CREI, UPF and CEPR) and.. Philippe Bacchetta.. (Study Center Gerzensee, Université de Lausanne and CEPR).. The 2-day event featured presentations by top economists on a variety of issues, including global imbalances and sustainability of current account deficit, macroeconomics of exchange rates, capital flows, international trade and outsourcing, international transmission of shocks, financial linkages within and across regions, challenges and opportunities for emerging markets, and multilateral institutions for an interdependent world.. The workshop opened on March 28 with a short welcome on behalf of CREI and CEPR.. The preliminary talks were given by Nicolas Coeurdacier (London Business School and CEPR) and Verónica Rappoport (Columbia Business School).. Following a coffee break in the newly opened CREI building also site of the Barcelona GSE a mid-morning talk was given by Gian Maria Milesi-Ferretti (IMF and CEPR), who discussed his paper.. Where Did All the Borrowing Go? A Forensic Analysis of the U.. External Position.. , joint with Philip R.. Lane (IIIS, Trinity College Dublin and CEPR).. Milesi-Ferretti s research examines the role played by net capital gains on the U.. external portfolio and residual adjustments in accounting for the discrepancy between the comparably small deterioration in the U.. net external position in recent years relative  ...   morning presentation by Lutz Kilian (University of Michigan and CEPR) of his paper.. Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market.. Using a newly developed measure of monthly global real economic activity in industrial commodity markets, Professor Kilian proposes a structural composition of the real price of crude oil into three components: crude oil supply shocks; shocks to the global demand for all industrial commodities; and demand shocks that are specific to the global crude oil market.. Using these components, he provides estimates of the dynamic effects of these shocks on the real price of oil and estimates of how much each of these shocks contributed to the evolution of the real price of oil during 1975-2005.. Other presenters that day included Julian di Giovanni (IMF), Martín González-Eiras (Universidad de San Andrés, Buenos Aires),.. Joachim Voth.. (GSE, UPF-ICREA, CREI and CEPR), Cedric Tille (University of Geneva and CEPR), and Emanuel Kohlscheen (University of Warwick).. Overall, the workshop drew 36 participants from top institutions including 9 Affiliated Professors of the GSE.. Universities and institutions represented included the IMF, Federal Reserve Bank of New York, European Central Bank, Columbia University, University of Chicago, HEC-Lausanne, UPF, IAE-CSIC, CREI, CEPR, and Barcelona GSE.. Full Program (pdf).. List of Participants (pdf).. Milessi-Ferretti (IMF and CEPR) discusses his research with a colleague.. Professor Mark Wright (UCLA) presents his research on capital flows.. Conference attendees.. Joachim Voth (Barcelona GSE, UPF, CREI, and CEPR) was among the prestigious presenters.. The workshop took place in the new CREI building, shared by the GSE, located on the Ciutadella campus..

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  • Title: Economic and Social Polarization Drive Violent Conflict, Concludes International Research Project - Barcelona GSE
    Descriptive info: News56.. 12/03/2008.. Economic and Social Polarization Drive Violent Conflict, Concludes International Research Project.. The ambitious Polarization and Conflict (PAC) research project, headed by GSE Affiliated Professor and IAE Researcher Joan Esteban, shared key findings of the 4-year initiative in a concluding conference at LSE on March 7-8, 2008.. Funded by the European Commission, the.. Polarization and Conflict.. cooperative research project was begun in 2004 with the intention of promoting and coordinating multidisciplinary research on the conceptualization, modeling and measurement of polarization and conflict.. Joan Esteban.. , Researcher at IAE-CSIC and Affiliated Professor at the Barcelona GSE, describes the project as an exploration of the role of polarization, considered independently from inequality, in the outbreak of conflict.. Inequality and polarization are two different measures of society, in both theory and practice, he explains.. Society becomes polarized in groups not solely for questions of income inequality, but for other factors.. Wars, riots, strikes, disturbances and many more social tensions are clear elements of polarization.. One of the central findings of the project establishes an important link between economic discrimination of ethnic or social groups and the occurrence of war, emphasizing both economic and social polarization as key elements bringing violent conflict, conditioned by the existing political institutions.. Additionally, research has indicated that polarization and the subsequent risk of conflict are maximized when society is split into two equally sized groups.. This applies to distributions of income, as well as to ethnic, religious or ideological divisions within a society.. One of the clearest examples of this, says Professor Esteban, can be found in the Arab countries bordering on the Mediterranean Sea in North Africa and Southern Europe conducting a study of the evolution  ...   the society to less privileged groups.. Moves towards peace in Angola have lowered the stock market performance of those companies that hold diamond concessions in this war-torn country.. Sudden liberalizations of the economy, as recommended by the International Monetary Fund, increase the risk of civil war by up to 50 per cent.. Although the risk of civil war is three times as large in ethnically polarized autocracies than in other political regimes, democracy is no panacea for the establishment of peace.. Westminster-type institutions increase the risk of conflict in ethnically highly fragmented countries.. The Polarization and Conflict project unites leading researchers from both Europe and the US, including Barcelona GSE Affiliated Professors.. Enriqueta Aragonés.. Esther Hauk.. Flip Klijn.. and.. Marta Reynal-Querol.. The members comprised top research institutions and universities, including LSE, Bocconi, Toulouse, Harvard, Princeton, Stanford, Yale, U Penn and the IAE-CSIC, one of the Barcelona GSE supporting institutions.. Findings from researchers participating in the project were published in top journals such as.. Econometrica.. Journal of Economic Theory.. Journal of Development Economics.. Review of Economics and Statistics.. Journal of Peace Research.. Journal of Conflict Resolution.. The PAC project concluded on March 7-8 with a roundtable at the London School of Economics and Political Science, providing the opportunity to share significant findings and their relevance for development policy.. The event was chaired by Debraj Ray (New York University) and featured the research of Joan Esteban (Barcelona GSE and IAE-CISC), Anke Hoeffler (Oxford University), James D.. Fearon (Stanford University), Edward Miguel (University of California, Berkley), and Gerald Schneider (University of Konstanz).. Program of the March7-8 conference at LSE.. (pdf).. Barcelona GSE Affiliated Professor and IAE-CSIC Researcher Joan Esteban headed the multidisciplinary PAC Project..

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