Annual Report 2010-11 | Barcelona GSE

ANNUAL REPORT

ACADEMIC YEAR2010-2011

EXTERNALRELATIONS& FINANCIALDATA

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ANNUAL REPORT

ACADEMIC YEAR2010-2011

Welcome

Governance

Who We Are

Faculty

Programs

Research

Highlights

External Relations and Financial Data

Appendices

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17

25

31

37

61

81

93

101

WELCOME

WELCOME

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The Barcelona Graduate School of Economics reaches its fifth year in a very delicate moment for world economies, in which Europe is not an exception. In his opening speech at the inaugural ceremony of the GSE, Alan Krueger advised that policymakers should draw from all branches of Economics in their decisionmaking. I would add that this is the way for Economics to provide the insights showing us how to solve the current crisis.

In this context, world-leading institutions like the Barcelona GSE contribute to the rigorous training of young professionals, economic analysts and researchers, thus providing the skills needed to improve our societies and to tackle the far-reaching challenges we are facing. In half a decade, the Barcelona GSE has grown quickly without sacrificing quality. We hope this pattern will continue to characterize the development of this institution and its academic community – a community with an enhanced role to play in the policymaking processes that will lead toward the much-awaited economic recovery.

Welcome fromJoaquín Almunia,Honorary President

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Both the educational offer and the research activities of the Barcelona GSE reached new heights during the2010-11 year. The number of students in our master programs increased: from 148 to 163, as did the number of countries represented (increasing from 43 to 51). This year has also seen the consolidation of our master programs offer, and the early development of our continuing education activities, contributing to training professionals from Europe and all over the world. The support of the institutions providing scholarships has been, once again, crucial to our success in attracting top bright students.

On the research side, RePEc has ranked the BarcelonaGSE among the 10 top economics departments worldwide, and we have increased to 9 the number of European Research Council grants among our faculty, the highest of all economics institutions. Likewise, the research Endowment reached 13 million euros, helping the attraction and retention of top scholars. Finally, this year the GSE has changed its Chairman for the first time, with Prof. Ramon Marimon now heading the institution at this determinant stage of its consolidation.

Introduction fromEduard Vallory,Director-General

WELCOME

In times of crisis, countries, institutions and individuals reassess their past decisions, their past investments. The crisis is ruthless with some and puts pressure on all of these past investments and decisions. It’s time for good governance, foresight, and new decisions.

At the beginning of the year, Andreu Mas-Colell left the chairmanship of the Barcelona GSE to join the Catalan Government, taking responsibility for this assessment, as Minister of Economy and Knowledge. Having been part of the Barcelona GSE project since its inception, and member of its board, I was happy to accept the challenge of replacing him, for one main reason: it was a great decision to create the Barcelona GSE, as a joint venture of public academic institutions and private partners, to strengthen excellence in economic research and graduate studies through the scientific cooperation of four well-established groups.

Thanks to the effort of these researchers in the Barcelona area, the public and private financial support, the leadership of our Board, the guidance of our Scientific Council, and the everyday work of the Barcelona GSE staff, we arrive to our fifth anniversary with significant improvement in student intake, scientific impact, and institutional development. Although it is not for me to assess, I think we not only pass the crisis-test, but we should also fulfill Joaquín Almunia’s post-crisis high expectations.

Message fromRamon Marimon,Chairman

GOVERNANCE

Mr. Joaquín Almunia (Honorary President), Vice President of the European Commission and Competition Commissioner

Prof. Andreu Mas-Colell (Chairman), Professor at Universitat Pompeu Fabra (through December 2010)Prof. Ramon Marimon (Chairman from February 2011), Professor at European University Institute and Universitat Pompeu Fabra

Prof. Josep-Joan Moreso, Rector of Universitat Pompeu Fabra

Prof. Ana Ripoll, Rector of Universitat Autònoma de Barcelona

Prof. Rafael Rodrigo, President of the Spanish Research Council (CSIC)

Prof. Joan Majó (through December 2010) / Mr. Antoni Castellà (from January 2011),President of the Center for Research in International Economics (CREI )

Prof. Pol Antràs, Professor at Harvard University

Prof. Manuel Arellano, Professor at Center for Monetary and Financial Studies (CEMFI)

Prof. Antonio Cabrales, Professor at Universidad Carlos III

Prof. Joaquim Silvestre, Professor at University of California-Davis

Mr. Angel Simon, President of Agbar Group

Mr. Javier de Agustín, CEO of AXA Seguros España

Dr. Josep Oliu, President of Banc Sabadell

Dr. Narcís Serra (through January 2011) / Mr. Manel Rosell (from February 2011), President of CatalunyaCaixa

Prof. Jordi Gual, Chief Economist of ”la Caixa”

Mr. Lluís Rullan, Board of FemCAT Foundation

Mr. Andreu Morillas, Secretary of Economy of the Ministry of Economy and Finance, Government of Catalonia (through December 2010)Prof. Andreu Mas-Colell, Minister of Economy and Knowledge, Government of Catalonia (from January 2011)

Mr. Jordi William Carnes, Deputy Mayor, Barcelona City Council

Prof. Paulina Beato, Representative of Barcelona GSE Alumni & Friends

Director General: Dr. Eduard Vallory

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GOVERNANCE

Board of Trustees

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GOVERNANCE

Prof. Hugo Sonnenschein (Chairman), University of Chicago

Prof. Daron Acemoglu, Massachusetts Institute of Technology

Prof. Kenneth J. Arrow, Stanford University

Prof. Orley Ashenfelter, Princeton University

Prof. Jürgen Basedow, Max-Planck-Institut

Prof. Richard Blundell, University College London

Prof. Robert D. Cooter, University of California, Berkeley

Prof. Mathias Dewatripont, Université Libre de Bruxelles

Prof. Jacques Drèze, Université Catholique de Louvain

Prof. Raquel Fernández, New York University

Prof. Oliver Hart, Harvard University

Prof. James J. Heckman, University of Chicago

Prof. Bengt Holmstrom, Massachusetts Institute of Technology

Prof. Matthew O. Jackson, Stanford University

Prof. Daniel Kahneman, Princeton University

Prof. Timothy Kehoe, University of Minnesota

Prof. Anne Krueger, SAIS, Johns Hopkins University

Prof. Robert Lucas, University of Chicago

Prof. Charles F. Manski, Northwestern University

Prof. José María Maravall, CEACS, Madrid

Prof. James A. Mirrlees, Cambridge University

Prof. Juan Pablo Nicolini, Universidad Torcuato di Tella

Prof. Aloisio Pessoa de Araújo, IMPA i Fundaçao Getulio Vargas

Prof. Robert C. Post, Yale Law School

Prof. Edward C. Prescott, Arizona State University

Prof. John Roberts, Stanford University

Prof. Thomas J. Sargent, New York University

Prof. Reinhard Selten, Universität Bonn

Prof. Christopher A. Sims, Princeton University

Prof. Robert M. Solow, Massachusetts Institute of Technology

Prof. Joseph E. Stiglitz, Columbia University

Prof. Fabrizio Zilibotti, Universität Zürich

Scientific Council

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Prof. Massimo Motta (ICREA-UPF and Barcelona GSE), Dean

Prof. Antoni Bosch-Domènech (UPF and Barcelona GSE)

Prof. Jordi Caballé (UAB and Barcelona GSE)

Prof. Teresa Garcia-Milà (UPF and Barcelona GSE)

Prof. Robin Hogarth (UPF and Barcelona GSE)

Prof. Inés Macho-Stadler (UAB and Barcelona GSE)

Prof. Evi Pappa (UAB and Barcelona GSE)

Prof. Clara Ponsatí (IAE and Barcelona GSE)

Prof. Jaume Ventura (CREI-UPF and Barcelona GSE)

Prof. Omar Licandro (IAE and Barcelona GSE), Research Director

Prof. Antoni Bosch-DomènechChair of the Department of Economics and Business at Universitat Pompeu Fabra (UPF)

Prof. Jordi CaballéChair of the Department of Economics and Economic History at Universitat Autònoma de Barcelona (UAB)

Prof. Jordi GalíDirector of the Center for Research in International Economics (CREI)

Prof. Clara PonsatíDirector of the Institute for Economic Analysis (IAE-CSIC)

Academic Program Council

Research Committee

GOVERNANCE

WHO WE ARE

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Located in Barcelona, Catalonia-Spain, the School was launched in summer 2006 as a culmination of the many years of scientific cooperation of four high-caliber groups that are now its academic bodies:

The Department of Economics and Business at Universitat Pompeu Fabra (UPF)

The Unit of Economic Analysis at Universitat Autònoma de Barcelona

The Institute for Economic Analysis of the Spanish Research Council (IAE-CSIC)

The Center for Research in International Economics (CREI)

WHO WE ARE

A reputation for teaching and research excellence

The Barcelona Graduate School of Economics is a Research University Institute attached to the UPF and the UAB. As such, the School promotes high-level research in Economics and offers graduate programs in Economics and related fields, which are taught in English by leading international scholars and practitioners.

Thanks to the renowned faculty and support of these well-established academic bodies, the Barcelona GSE enjoys a strong reputation for teaching and research excellence.

The Barcelona GSE is situated at two campuses:Ciutadella (shared by UPF and CREI) and Bellaterra (shared by UAB and IAE-CSIC).

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Master Programs Rigorous one-year, full-time master programs that prepare students for doctoral study and provide robust training for top jobs in economics and finance-related professions

Summer Schools Short courses addressed to researchers, professionals and graduate students who want to improve their competences in specific fields of knowledge

Continuing Education Intensive, targeted programs for executives, professionals, and academics

Reference PhD ProgramsGraduate education at the Barcelona GSE rests upon two renowned international reference PhD programs in economics: GPEFM at Universitat Pompeu Fabra and IDEA at Universitat Autònoma de Barcelona.

Detailed information about Barcelona GSE programs begins on page 37.

Barcelona GSE LecturesThese lectures bring some of the world’s most distinguished economists to Barcelona to present their latest research to the Barcelona economics community.

GSE Research Recognition ProgramThis program rewards the impressive research efforts, expressed in publications in leading journals, undertaken by economists affiliated with Catalan institutions.

Calvó-Armengol International Prize in EconomicsAwarded every two years to a top researcher in economics or social sciences younger than 40 years old for his or her contribution to the theory and comprehension of the mechanisms of social interaction.

Community Seminar Series and ConferencesThe School’s four academic bodies plan a full calendar of regularly occurring seminars, workshops, and conferences featuring internationally renowned academics, practitioners, and experts from institutions around the world.

Annual Barcelona GSE “Trobada”A full-day academic gathering held each fall that includes research presentations and a roundtable discussion of a current issue in economics.

Detailed information about Barcelona GSE community research activities begins on page 61.

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WHO WE ARE

Programs of Study Research Activities

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Governing Bodies

BOARD OF TRUSTEES

The Barcelona GSE is governed by a Board of Trustees comprised of representatives of its academic institutions (UPF, UAB, CSIC and CREI), private institutions (Agbar Group, AXA Research Fund, Banc Sabadell, Catalunya Caixa Savings Bank, ”la Caixa” Savings Bank, and the FemCAT Foundation) and public institutions (the Ministry of Economy and Knowledge of the Government of Catalonia and the Barcelona City Council), as well as several distinguished academics in the field of Economics. The Board’s Honorary President is Joaquín Almunia, Vice President of the European Commission and European Competition Commissioner.

The Board of Trustees is responsible for the overall direction of the School. It guides the School and draws up the rules governing its activities. It adopts the budget and appoints the Honorary President, the Chairman, the Director-General, the Dean, the Scientific Council, and the Academic Program Council. The Board meets annually in the fall.

A full listing of Board members can be found on page 17.

SCIENTIFIC COUNCIL

Thirty-two internationally known academics, including nine Nobel Economics Laureates, compose the Barcelona GSE Scientific Council. This body was established to push the School toward excellence in both graduate education and research. The Council works to ensure the quality of the academic programs and the research performance of the School, and helps forge and enhance relationships between the School and the wider academic community.

The Council is chaired by Prof. Hugo Sonnenschein, President Emeritus of the University of Chicago, and Adam Smith Distinguished Service Professor of Economics at this university. The Council holds an official biannual meeting for the purpose of conducting a rigorous analysis of the institutional identity of the School, the characteristics of its master programs and reference doctoral programs, and of the GSE community research activities. In the interim between meetings, many members are involved in initiatives and events of the School.

A full listing of Scientific Council members can be found on page 19.

¿Habrá un pie de foto?

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Financial Support

ACADEMIC PROGRAM COUNCIL

The Academic Program Council is the organ that academically validates the Barcelona GSE’s master programs and follows their development, as well as dealing with the academic affairs of the School. It is composed of GSE Affiliated Professors and chaired by the Dean of the School, Prof. Massimo Motta.

A full listing of Academic Program Council members can be found on page 21.

RESEARCH COMMITTEE

AN INNOVATIVE PUBLIC-PRIVATE PARTNERSHIP

The Barcelona GSE is the fruit of an innovative formula in higher education: a true partnership of public and private institutions. This distinctive formula brings together the dedication to public service of the academic bodies and the social commitment of the private partners. The public and private partners collaborate in the governance of the School.

The Barcelona GSE Research Committee leads and develops the research policy of the School. Its members are the heads of the four academic bodies and chaired by the Barcelona GSE Research Director, Prof. Omar Licandro.

A full listing of Research Committee members can be found on page 21.

WHO WE ARE

The Barcelona GSE is financially supported by:

Private Institutions:

Public Institutions:

Consolider-Ingenio 2010:

A grant obtained through the competitive “Consolider-Ingenio 2010” initiative of the Spanish Government, launched to promote research excellence.

Other public and private partners of the Barcelona GSE also offer full and partial scholarships to students. Full information about the scholarships can be found in the “Scholarship Sponsors” section (page 93).

FACULTY

FACULTY

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Affiliated Professors

Guest Professors

149 Affiliated Professors from 22 countries (2010-11),44% international, 81% hold PhDs from outside Spain

The Barcelona GSE is proud to have top economists and researchers among its Affiliated Professors, a group of 149 academics with PhDs in economics and related fields and with tenure or tenure-track positions at the four founding academic bodies of the School.

Among the Barcelona GSE Affiliated Professors there are Fellows of the Econometric Society, Fellows of the European Economic Association, Research Fellows of the Center for Economic Policy and Research (CEPR), and Research Fellows of CESifo. They publish in the leading journals of economics and many of the top journals of the different subfields of the discipline. They also serve as coeditors and associate editors of these journals.

A full list of 2010-11 GSE Affiliated Professors can be found on page 100.

While affiliated professors make up the core of the School’s faculty, the Barcelona GSE also invites academics from other universities as well as practitioners in economics and related fields to teach in its programs. They bring the right combination of scholarship and practical experience to the classroom. In the past academic year there were more than 60 guest professors at the Barcelona GSE.

A full list of 2010-11 GSE Guest Professors can be found on page 106.

FACULTY

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FACULTY

Prof. Robert Solow (MIT)Nobel Prize Laureate Barcelona GSE Scientific Council Member

“The core of the School is composed of world -class economists who could be in any other center of economics in the world, but have chosen Catalonia, specifically Barcelona, as their base.”

Universities with the most PhDs among GSE affiliated professors:

London School of Economics: 10 University of Minnesota: 9 European University Institute: 8 Harvard University: 8 Universitat Autònoma de Barcelona: 7 University of Pennsylvania: 7 Northwestern University: 6 Universitat Pompeu Fabra: 6

Countries where Affiliated Professors obtained their PhDs

19 Catalonia10 Rest of Spain

United States SpainBelgium France Italy Switzerland

SwedenHungary GermanyNetherlandsUK

295 10 9 268

21 1318

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Awards & Honors for GSE Faculty

EUROPEAN RESEARCH COUNCIL (ERC) GRANTS

The European Research Council (ERC) was launched in January 2007 with a seven-year, 7.5 billion euro budget and a mandate to award frontier research grants solely on the basis of excellence, as judged by panels of scientific peers. These grants have quickly become indicators of world-class research. To date, nine Barcelona GSE affiliated professors have been selected to join this “Champions League” of European scientific research.

GREGORY LUEBBERT BEST ARTICLE PRIZE Prof. Laia Balcells (IAE and Barcelona GSE) has been awarded the 2011 Gregory Luebbert Best Article Prize together with Stathis N. Kalyvas for their article “International System and Technologies of Rebellion: How the End of the Cold War Shaped Internal Conflict.” American Political Science Review 104: 3, 415-429. HARRY FRANK GUGGENHEIM FOUNDATION RESEARCH GRANT Prof. Laia Balcells (IAE and Barcelona GSE) has been awarded this selective grant that funds research that can increase understanding and amelioration of urgent problems of violence and aggression in the modern world. Prof. Balcells will use the grant to support her work on the “Dynamics of Violence in Conventional Civil Wars.”

BANCO HERRERO PRIZE Prof. Marta Reynal-Querol (ICREA-UPF and Barcelona GSE) has been named the tenth recipient of the prestigious Banco Herrero Prize. The prize is awarded once a year and recognizes a researcher under 40 years old who has outstanding research accomplishments in the fields of Economics and the social sciences.

Prof. Reynal-Querol earned this distinction for her cutting-edge, innovative research on economics, ethnic diversity, and civil strife, which has been published in the most relevant economic journals and has received a high number of citations.

Past recipients of the Prize include Prof. Xavier Sala-i-Martin (Columbia University), Prof. Luis Garicano (London School of Economics), and Prof. Pol Antràs (Harvard University).

Prof. Jordi Galí (CREI and Barcelona GSE)Prof. Jaume Ventura (CREI and Barcelona GSE)Prof. Joachim Voth (ICREA-UPF, CREI and Barcelona GSE)

Prof. Fernando Broner (CREI and Barcelona GSE)Prof. Jan Eeckhout (ICREA-UPF and Barcelona GSE)Prof. Gino Gancia (CREI and Barcelona GSE)Prof. Nicola Gennaioli (CREI and Barcelona GSE)Prof. Nezih Guner (ICREA-UAB and Barcelona GSE)Prof. Marta Reynal-Querol (ICREA-UPF and Barcelona GSE)

ADVANCED GRANTSFunding for cutting-edge research by the very best established research leaders in Europe.

ERC STARTING GRANTSSupport early-career top research leaders who are consolidating an independent research career in Europe.

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FACULTY

ICREA RESEARCH PROFESSORS

ICREA, the Catalan Institution for Research and Advanced Studies, is a publicly funded foundation designed to attract and retain talent in Catalonia. The institution is highly selective, operating through competitive international calls and very rigorous external evaluation of candidates.

Presently in its tenth year of operation, ICREA has hired more than 260 researchers in a variety of fields, with 29researchers in the social sciences. Nearly half of ICREA’s social sciences researchers are Barcelona GSE affiliated faculty.

MINISTRY OF SCIENCE AND INNOVATION FELLOWSHIPS

More than 20 Barcelona GSE affiliated professors have received the prestigious Ramón y Cajal or Juan de la Cierva Fellowships, established in 2001 by the Spanish government. Both programs aim to attract and retain promising scholarsto conduct their research at universities and public and private non-profit R&D centers throughout Spain.

In 2010, Prof. Rosario Crinò (IAE and Barcelona GSE) became the latest Barcelona GSE Affiliated Professor to receive the Juan de la Cierva Fellowship.

Prof. Albert Carreras (UPF and Barcelona GSE)President of the European Business History Association (EBHA), 2010-2011

Prof. Joan M. Esteban (IAE and Barcelona GSE)Secretary General of the International Economic Association (2011-2017)

Prof. Jordi Galí (CREI-UPF and Barcelona GSE)President Elect of the European Economic Association

Prof. Guillem López-Casasnovas (UPF and Barcelona GSE)Advisor to the World Health Organization (WHO)

Prof. Ramon Marimon (EUI, UPF and Barcelona GSE)President Elect of the Society for Economic Dynamics

Prof. Pau Olivella (UAB and Barcelona GSE)Member of the Editorial Board of the Encyclopedia of Health Economics

Prof. Marta Reynal-Querol (ICREA-UPF and Barcelona GSE)Council Member of the European Economic Association (EEA), 2011-2015

NEW LEADERSHIP APPOINTMENTS

RAMON ARECES FOUNDATION GRANT

Prof. Marta Reynal-Querol (ICREA-UPF and Barcelona GSE) has been awarded a grant from the Ramón Areces Foundation for young researchers. These grants are awarded annually to support advancements in the understanding of technological, economic and social underpinnings of globalization.

PROGRAMS

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Monetary policy. Immigration. Energy. Public health. As former Assistant Secretary for Economic Policy and Chief Economist at the U.S. Treasury Department Alan Krueger told GSE students at this year’s opening lecture, it is doubtful that these issues will be resolved without the active involvement of trained economists, both in the academic and professional spheres.

Graduate education at the Barcelona GSE aims to provide the tools and training needed to perform deep and meaningful analysis through an economic lens. The School’s academic offer includes one-year master programs, short summer schools, and intensive continuing education courses. Each program is designed and directed by expert faculty with a track record of personal achievement in their fields and a portfolio of successful students who have gone on to amaze us with their own accomplishments.

Recent graduates, young professionals, aspiring doctoral candidates, researchers, experienced economists and top-level executives and policymakers use Barcelona GSE programs as a springboard to propel them in the direction of their individual career goals. It is our job to inspire the energy and confidence our students will need to make that leap.

REMARKS FROM MASSIMO MOTTA, DEAN OF THE BARCELONA GSE

PROGRAMS

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Barcelona GSE Master Programs

The Barcelona GSE offered six master programs in the 2010-11 academic year.

Competition and Market Regulation

Economics

Economics of Science and Innovation

Finance

International Trade, Finance and Development

Macroeconomic Policy and Financial Markets

All programs are taught entirely in English and are grounded in rigorous and challenging academics. The master programs are guided by the Barcelona GSE Academic Program Council, the advisory organ that academically validates the master programs and follows their development. It is composed of GSE Affiliated Professors and directed by the Dean of the School, Prof. Massimo Motta.

PROGRAM STRUCTUREBarcelona GSE master degrees are full-time, nine-month programs structured in three terms: fall (September-December), winter (January-March), and spring (April-June). The programs require the successful completion of 60 ECTS (European Credit Transfer System) credits of graduate courses some compulsory and some elective.

DEGREEGraduates of the Economics Program and Finance Program receive the Master Degree in Economics and Finance, awarded by UPF.

Graduates of the Competition and Market Regulation, Economics of Science and Innovation, International Trade, Finance, and Development, and Macroeconomic Policy and Financial Markets programs receive the Master Degree in Specialized Economic Analysis, awarded jointly by UPF and UAB.

METHODOLOGYThe Barcelona GSE classroom experience features lectures and seminars. Seminars provide students with the opportunity to share ideas and experiences as well as to challenge each other with differing points of view. They also give students greater access to their professors, who make a constant effort to be available to answer questions and offer guidance outside of class. The academic performance of each student is reviewed regularly.

Attention is given to the maintenance of normal academic progress through a combination of formal written examinations and coursework. All students complete a master project in the spring term.

PROGRAMS

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Student Profile (2010 -11)

88% INTERNATIONAL STUDENT BODY,51 NATIONALITIES REPRESENTED

Barcelona GSE students are characterized by their outstanding academic backgrounds and their commitment to excel in graduate studies. The School is 88% international, with an enriching mixture of cultural perspectives and a multitude of experiences that offers a learning experience unto itself.

Intake of students: 163Nationalities: 51Average age: 25 years oldGender: 34% Women, 66% Men

Academic BackgroundEconomics and Finance: 68%Management and Business Administration: 10%Social Sciences / Law: 10%Mathematics and Engineering: 9%Sciences: 3%

68%

3%

10%

10%9%

Growth of student intake since 2007

Academic years

160

120

80

40

0

2007-08 2008-09 2009-10 2010-11

# of

stu

dent

s

87

126148

163

PROGRAMS

EuropeArmeniaAustriaBelgiumBulgariaCroatiaCzech RepublicEstoniaFinlandFranceGermanyHungaryIcelandIrelandItalyLatviaLithuaniaLuxembourgNetherlandsPolandPortugalRomania

RussiaSerbia and MontenegroSloveniaSpainSwedenSwitzerlandUnited Kingdom

Central and South AmericaArgentinaBoliviaBrazilChileColombiaEcuadorGuatemalaPeruUruguayVenezuela

North AmericaCanadaMexicoUnited States

Asia, Africa, OceaniaAfghanistanChinaIndiaIranJapanLebanonPhilippinesSouth AfricaTurkeyVietnam

All 51 countries by region

Countries with the most students

Mexico Peru BrazilUnited States

Spain Italy Germany India

6 7 77 20 17 23 6

10 Catalonia10 Rest of Spain

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Prof. Juan José GanuzaProgram Director

Competition and Market RegulationAs competition policy becomes increasingly relevant in both the public and private sectors, there is a great need for professionals prepared to address market regulation issues. The highly practical focus of the program assures that students graduate with sound job prospects in their chosen field and an advanced understanding of the interaction between economic theory and practice. Context for the academic coursework is provided by the Regulation and Competition Seminar Series, which brings specialists at the forefront of their field to present their research in a rigorous but non-technical manner. In addition to giving students a variety of perspectives on regulatory issues, it also gives them an opportunity to network with top professionals in the industry.

STUDENT PROFILE2010-11

NationalitiesEurope (non-Spanish): 53%Central and South America: 23%Spain: 12%Asia, Africa, Oceania: 6%North America: 6%

Academic BackgroundEconomics and Finance: 82% Management and Business Administration: 18%

Years of Work Experience Prior to Master Program

8 7 6 5 4 3 2 1 0

0 0-1 1-2 2-3 3-4 4-5 5 or more

# of years

# of

stu

dent

s

12%

53%

82%

18%

23%

6%6%

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Economics

Prof. Antonio CicconeProgram Director


NationalitiesEurope (non-Spanish): 59%Spain: 13%Central and South America: 10%North America: 10%Asia, Africa, Oceania: 8%

Academic BackgroundEconomics and Finance: 88% Mathematics and Engineering: 4%Social Sciences / Law: 4%Management and Business Administration: 2%Sciences: 2%

EconomicsThe Economics Program provides rigorous training in economics. It aims to endow students with a deep understanding of the field and a powerful set of analytical tools. Students who complete the program will have acquired an excellent grounding in their field and the analytical skills required for a technically demanding job or admission to the most prestigious doctoral programs. Each year, up to 20% of students in the program continue their studies in one of the highly selective reference doctoral programs of the Barcelona GSE, GPEFM of UPF or IDEA of UAB.


60

50

40

30

20

10

0

0 0-1 1-2 2-3 3-4 4-5 5 or more

# of years

# of

stu

dent

s

59%

88%

2% 2%4%

4%

13%

8%

10%

10%

PROGRAMS

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Prof. David Pérez-CastrilloProgram Director

Prof. Salvador Barberà Scientific Director

Economics of Science and InnovationThe Economics of Science and Innovation Program examines the economic challenges faced by science and technology, the anticipated difficulties, and offers solutions while considering the timing of the foreseeable transfer process from basic research results to applications. Students will be able to make realistic assessments of the perspectives generated by each development, its potential economic impact, the obstacles it presents, and its sources of support. Graduates have gone on to pursue management careers in research centers, innovative firms, public administrations and intermediate institutions geared toward promoting research and development activities.


NationalitiesEurope (non-Spanish): 28%Asia, Africa, Oceania: 22%Central and South America: 22%Spain: 17%North America: 11%

Academic BackgroundMathematics and Engineering: 39%Management and Business Administration: 17%Sciences: 17%Economics and Finance: 16% Social Sciences / Law: 11%


6 5

4

3

2

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0

0 0-1 1-2 2-3 3-4 4-5 5 or more

# of years

# of

stu

dent

s

11%

11%

39%

17%17%

16%

17%

22% 22%

28%

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PROGRAMS

Finance

FinanceThe Finance Program provides strong training in the tools of financial economics sought by financial institutions, companies and public organizations. It combines a rigorous academic core with tailored practical application, designed in consultation with leading financial experts. Former students are employed at top investment banks, financial consultancies, and government finance ministries. Many have gone on to pursue doctoral research in financial economics at prestigious EU and US universities. Classroom study is complimented with specially-organized Financial Institution Seminars, during which students have the opportunity to meet professionals from top financial institutions. Seminars cover areas such as Hedge Funds, Venture Captital, Central Banks Reserve Management, and Investment Banking.

Prof. Javier Gil-BazoProgram Director

Prof. Xavier Freixas Scientific Director


NationalitiesEurope (non-Spanish): 38%Central and South America: 24%Asia, Africa, Oceania: 14%Spain: 14%North America: 10%

Academic BackgroundEconomics and Finance: 62% Management and Business Administration: 19%Mathematics and Engineering: 14%Social Sciences / Law: 5%


9

8

7

6

5

4

3

2

1

0

0 0-1 1-2 2-3 3-4 4-5 5 or more

# of years

# of

stu

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s

14%

14%

62%26%

13%5%

24%

10%

38%

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Prof. Hans-Joachim VothProgram Director

International Trade, Finance and DevelopmentThe International Trade, Finance, and Development program combines rigorous analytical training with a strong focus on policy. Policy courses draw a connection between economic analysis and real-life situations in which the professors have expert knowledge, whether it is in reshaping policy, devising trading strategies, or helping children in Africa. In the spring term, leading policy specialists from international organizations, NGOs, or private corporations join the program faculty to lead a series of policy courses that provide a real-world perspective on topics covered in class. Graduates are will be well equipped for employment in development organizations, NGOs, government agencies, central banks, multinational firms, and investment banks.

Prof. Fernando BronerProf. Antonio CicconeProf. Jaume VenturaSteering Committee


NationalitiesEurope (non-Spanish): 47%Central and South America: 26%Asia, Africa, Oceania: 11%North America: 8%Spain: 8%

Academic BackgroundEconomics and Finance: 66% Social Sciences: 18%Management and Business Administration: 11%Mathematics and Engineering: 5%


12

10

8

6

4

2

0

0 0-1 1-2 2-3 3-4 4-5 5 or more

# of years

# of

stu

dent

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8%

66%

18%

5%11%

8%

11%

26%

47%

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PROGRAMS


Prof. Francesc ObiolsProgram Director

Prof. Albert Marcet Scientific Director


NationalitiesEurope (non-Spanish): 64%Asia, Africa, Oceania: 12%Central and South America: 12%Spain: 12%

Academic BackgroundEconomics and Finance: 59% Social Sciences / Law: 23%Management and Business Administration: 12%Mathematics and Engineering: 6%


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00 0-1 1-2 2-3 3-4 4-5 5 or more

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23% 59%

6%12%

12%

12%

12% 64%

Macroeconomic Policy and Financial MarketsThe Macroeconomic Policy and Financial Markets Program is a professionally-oriented master program designed not only to equip students with a comprehensive understanding of the dynamics affecting financial policy, but also to train them to use breakthrough analytical tools to assess the environment prior to making decisions. Graduates are prepared for immediate employment in government institutions, central banks, investment banks, financial and development agencies, and consulting firms.

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Alumni Placement

Barcelona GSE alumni pursue a variety of professional and academic career paths after graduation. Those entering the work force apply their rigorous training in positions with government agencies and authorities, banks, consulting firms, international organizations, research foundations, and leading companies in the private sector.

Many GSE graduates who choose to continue on with doctoral study do so in one of the reference doctoral programs of the GSE, the GPEFM at UPF or the IDEA program at UAB. Some alumni have been accepted to other top institutions throughout Europe and the United States, such as European University Institute, London School of Economics, and Wharton School of Business.

PROFESSIONAL PLACEMENTSAuthorities / Government Agencies · European Commission · Superintendence of Banking, Insurance and Pension Fund in Peru · Swedish Competition Authority

Banking · Banc Sabadell · Banco Santander · Bank of Brazil · Bank of Chile · Bank of England · Bank of Latvia · Bank of Mexico · Bank of Vietnam · Citigroup · European Central Bank · “La Caixa” Savings Bank

Consulting Firms · Accenture · Boston Consulting Group · Brunswick Group · Deloitte · LECGX · OXERA · PricewaterhouseCoopers

International Organizations · Finpro · German Society for International Cooperation (GIZ) · Organisation for Economic Co-operation and Development (OECD) · Procredit Group · World Bank · World Trade Organization

Pau AgullóConsulting DirectorNeo Metrics (Barcelona)

“The GSE graduates that we have hired in the past have been working out excellently from day one in our company, and that is why we come back year after year for our recruiting efforts.”

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Private Sector · Arkas Holding · Chargebox · LEAR · Procter & Gamble

Research Foundations/Institutes · Harvard University · IESE Business School · University of Toronto

PROGRAMS

DOCTORAL PROGRAM PLACEMENTS Europe · ICADE School of Business and Economics · IFO Research Institute · INCAE Business School · London School of Economics · Swiss Finance Institute · Universitat de Barcelona · Universitat Pompeu Fabra · University of Bologna · University of Mannheim · University of Zurich · University Rovira i Virgili · Vienna Graduate School of Economics

United States · Harvard University · Johns Hopkins University · New York University · Northwestern University · Stanford University · University of Rochester

RECRUITING EVENTSThis year the Barcelona GSE held several recruiting events on campus that put students in direct contact with representatives from top companies and doctoral programs:

Companies · Bank of Spain · Bax & Willems Consulting · Frontier Economics · “la Caixa” Savings Bank · LECG · Neo Metrics Consulting · OXERA

PhD programs: · European University Institute · Universitat Autònoma de Barcelona · Universitat Pompeu Fabra

ALUMNI NETWORKThe School began developing an Alumni Network in early 2009 to foster continued interaction and professional contact with alumni. The objective of this initiative is to provide a platform for graduates to network and to exchange professional best-practices, job opportunities, and advice.

GSE Alumni Network Features · Exclusive Alumni Directory · Access to Job Postings · Membership in LinkedIn Community · Tools for Recruiters

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Reference Doctoral Programs

Graduate education at the Barcelona GSE rests upon the foundations of two renowned international reference doctoral programs: the GPEFM at UPF and the IDEA at UAB.

These two programs, both ranked in the top 15 in Europe, help impel the substantial research activity of the academic community. The majority of Barcelona GSE affiliated faculty are involved with the reference PhD programs, reinforcing the teaching excellence of the School.

Some students in the Barcelona GSE master programs aspire to continue their studies in a top level PhD program. Many of these students seek admission into the reference PhD programs of the Barcelona GSE. In the Class of 2010-11, 12 GSE master program graduates entered the second year of the official master that precedes entry into the programs.

Offered by the Department of Economics and Business of the UPF, GPEFM has awarded more than 180 PhD degrees since it was launched in 1993. GPEFM is a partner in the European Doctoral Program (EDP) in Quantitative Economics, a joint initiative with five other top European economics departments. econ.upf.edu/gpem

IDEA is offered by the Unit of Economic Analysis of the UAB.Since its launch in 1991, it has awarded 150 PhD degrees. IDEA is part of the European Network for Training in Economic Research (ENTER), a network of doctoral programs with seven other leading European economics departments. idea.uab.cat

Graduate Program in Economics, Finance and Management (GPEFM)

International Doctorate in Economic Analysis (IDEA)

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ArgentinaAustriaBelgiumBoliviaBulgariaChinaCroatia

EcuadorFranceGermanyIndiaItalyMalaysiaMexico

MoroccoNetherlandsPeruPolandPortugalRussiaSerbia

SloveniaSpainThailandTurkeyUkraineUruguayVenezuela

Overview of Programs

Program

GPEFM 59 14

IDEA 70 5

Number of Students Number of PhDs awarded in the 2010-11 academic year

PROGRAMS

Countries of Origin of 2010-11 GPEFM and IDEA Students:

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Barcelona GSE Summer Programs

Total Attendance: 257 participants from 41 countriesIn June and July 2011, the Barcelona GSE offered three short summer school programs geared toward professionals and academics. The programs provide a diverse range of courses taught by renowned academics and leading practitioners. Each course lasts one week, and participants may combine courses from one or more of the programs to build a summer school experience tailored to their individual goals.

While the international student body comes from a variety of educational backgrounds, the majority are professionals holding at least a master degree, with a considerable number also holding PhDs.

This year, 16 participants from the 2010 edition of Barcelona GSE Summer Schools returned to build on the courses taken the previous summer. Several alumni of the Barcelona GSE master programs and reference PhD programs also joined the Summer School courses.

Banking 2011: 60 participants from 20 countriesDirectors: Prof. Xavier Freixas (UPF and Barcelona GSE) and Prof. Moshe Kim (University of Haifa)The Banking Summer School offers a variety of courses taught by recognized experts in their fields covering recent developments in different areas of banking, including theoretical and empirical aspects of banking, banking regulation and supervision, financial markets and payments systems. A call for papers gave students the chance to present their own research.

Labor Economics 2011: 61 participants from 21 countriesDirector: Prof. Maia Güell (University of Edinburgh, UPF (on leave), and Barcelona GSE)The Labor Economics Summer School covers a wide range of topics in labor economics from a variety of perspectives. In particular, the program offers courses that cover recent developments within the macro-labor, micro-labor and managerial-labor contexts. In each course, both theoretical and empirical aspects are covered.

BANKING, LABOR ECONOMICS, AND MICROECONOMETRICS SUMMER SCHOOL

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Hans Degryse (Tilburg University) Xavier Freixas (UPF and Barcelona GSE) Moshe Kim (University of Haifa)Steven Ongena (Tilburg University)

Ghazala Azmat (UPF and Barcelona GSE)Maia Güell (University of Edinburgh, UPF and Barcelona GSE)Sendhil Mullainathan (Harvard University)Robert Shimer (University of Chicago)

Victor Aguirreabiria (University of Toronto)Badi Baltagi (Syracuse University)Gabrielle Fack (UPF and Barcelona GSE)Sergi Jiménez-Martín (UPF and Barcelona GSE)Stephan Litschig (UPF and Barcelona GSE)

BANKING FACULTY

LABOR ECONOMICS FACULTY

MICROECONOMETRICS FACULTY

PROGRAMS

Microeconometrics 2011: 136 participants from 33 countriesDirector: Prof. Sergi Jiménez-Martín (UPF and Barcelona GSE)The Microeconometrics Summer School is designed to teach professionals and academics the latest techniques in data handling in response to the significant growth in the number of academic jobs of an empirical nature as well as the increasing number of studies commissioned by public and private institutions. Participants work with linear regression tools in a practical lab course.

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50 participants from 30 institutions in 10 countriesProf. Isabel Busom (UAB) and Prof. Bruno Cassiman (IESE Business School)

The “Zvi Griliches” Research Seminar in the Economics of Innovation is hosted by the Barcelona GSE and sponsored by COTEC, a foundation for the promotion of technological innovation and awareness whose board includes the directors of many of Spain’s best-known companies, and FECYT, the Spanish Foundation for Science and Technology.

The program promotes interactions between academic researchers, innovation policy practitioners, statistical office analysts and PhD students with a general interest in analyzing technological innovation from an economic point of view. This is achieved through the combination of compelling keynote speakers and the presentation of a selection of leading research papers (only 17 out of 50 papers submitted were accepted for presentation).

In addition to the keynote speakers and participants coming from around the world, five graduates of the GSE’s Economics of Science and Innovation (MESI) master program attended the sessions. All program fees are waived for MESI graduates.

ZVI GRILICHES RESEARCH SEMINAR

John von Reenen (London School of Economics)

Alfonso Gambardella (Università Commerciale “Luigi Bocconi”)

Fernando Galindo-Rueda (OECD Directorate for Science, Technology and Industry)

ZVI GRILICHES KEYNOTE SPEAKERS

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Continuing Education

Intensive Course on Competition Economics: Abuse of Dominance

New for 2010-11, the course provides a thorough understanding of the most recent economic theories of monopolization, apply these concepts in practice, and review actual cases in the light of an effects-based approach.

Global Health Leadership Forum (GHLF)

This innovative program for senior health executives, now in its eighth edition, uses a mixture of case studies, seminars, workshops and an independent project to explore cutting edge approaches that address health policy issues of global importance.

Barcelona GSE continuing education programs are intensive, targeted courses for executives, professionals, and academics. In the 2010-11 academic year, the GSE offered two continuing educations programs:

PROGRAMS

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This spring the Barcelona GSE held the first edition of its four-day Intensive Course on Competition Economics: Abuse of Dominance. Course sessions covered topics such as Predation, Rebates, and Exclusive Dealing, as well as case studies on intellectual property rights and energy. The wide appeal of the course topic drew participants from across the spectrum of professional and academic fields dealing with competition economics.

Among the 56 participants were presidents and directors of public and private institutions, judges, ministers, lawyers, economists and analysists, inspectors and case handlers, regulatory advisors, professors, postdocs, and doctoral students. Some had over thirty years of experience in the field, while others were newly-minted graduates. Demand for places was so high that the course “sold out” weeks before sessions began, leaving a number of applicants on the waitlist.

INTENSIVE COURSE ON COMPETITION ECONOMICS: ABUSE OF DOMINANCE

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2011 COMPETITION COURSE FACULTY

Giulio Federico (Charles River Associates, IESE SP-SP, and Barcelona GSE guest professor)

Chiara Fumagalli (Bocconi University)

Massimo Motta (ICREA-UPF and Barcelona GSE)

Jorge Padilla (LECG and Barcelona GSE guest professor)

COURSE DIRECTORS

Giulio Federico (Charles River Associates, IESE SP-SP, and Barcelona GSE guest professor)

Massimo Motta (ICREA-UPF and Barcelona GSE)

EMPLOYERS AND INSTITUTIONS OF PARTICIPANTS

Competition Commissions such as:· Chilean Competition Tribunal· Competition Commission of South Africa· Czech Office for the Protection of Competition· Hungarian Competition Commission· National Competition Commission (Spain)· National Energy Commission (Spain)· NMa - Dutch Competition Authority (Netherlands)· Swedish Competition Authority

Consulting and Law firms including:· IESE (Catalonia-Spain)· Copenhaguen Economics (Denmark)· Linklaters LLP (UK)· Universidad de los Andes (Colombia)· Universidad Adolfo Ibáñez (Chile)

Energy and telecommunications companies:· Dong Energy (Denmark)· Endesa (Spain)· Swisscom (Switzerland)· Telenet (Belgium)

PROGRAMS

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For the past three years, the Barcelona GSE has hosted the Global Health Leadership Forum (GHLF) on its campus. Created by the UPF Center for Research in Health and Economics (CRES) and the UC Berkeley School of Public Health, the GHLF is an executive education program consisting of two intense one-week sessions. The sessions are held six months apart in Barcelona and Berkeley respectively. The objective of the program is to bring together senior executives of nations (health ministers or senior policy leaders, legislators and regulators), senior executives of organizations (e.g. World Bank, OECD, PAHO) and senior executives of companies (insurance, pharmaceutical, health care delivery, care management) to share best practices, know-how, and the latest research through case studies, seminars, workshops, and field excursions. Each participant also prepares and presents an individual project.

Including speakers and participants, 39 senior health executives gathered on the GSE’s campus for the 2011 edition of the GHLF. They included 20 internationally reknowned speakers that work in diverse health related areas such as: health economics, insurance, policy, pharmaceuticals, and biotechnology. Countries represented included Canada, France, Greece, Indonesia, Kenya, Saudi Arabia, Singapore, the United Kingdom, and the United States.

GLOBAL HEALTH LEADERSHIP FORUM (GHLF)

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SPONSORS

PROGRAMS

2011 GHLF FACULTY INCLUDED: BOARD OF DIRECTORS

Jaume Puig-Junoy(UPF-CRES and Barcelona GSE)

Guillem López-Casasnovas (UPF-CRES and Barcelona GSE)

Richard Scheffler (UC Berkeley)

Stephen M. Shortell (UC Berkeley)

Co-director and Coordinator:Ivan Planas Miret (UPF-CRES)

Dr. Panos Kanavos, Reader in International Health Policy in the Department of Social Policy and Head of the Medical Technology Research Unit at LSE Health

Dr. Joseph Kutzin, Head of the WHO Barcelona Office for Health Systems Strengthening

Dr. Ellen Nolte, Director of Health and Healthcare of RAND Europe

Dr. James Rice, Executive Vice President & Practice Leader, Integrated Healthcare Strategies

Dr. Lise Rochaix, Chair of the French Senate for Health Care Priority Setting

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This year the Barcelona GSE has taken a step forward toward a more integrated research community. The quality and number of seminars and workshops has increased, as has publication in top journals. The GSE is a highly reputed research institute worldwide, facing the main challenge today of becoming a global leader, where the knowledge frontier in economics is debated and defined. Its research policy aims to attract and retain talented economists, and to develop a highly dynamic research environment supporting and strengthening top-quality research. Among these excellent scholars are the Presidents of the European Economic Association and the Society for Economics Dynamics, the Secretary General of the International Economic Association, and a Program Director of the CEPR.

REMARKS FROM OMAR LICANDRO, RESEARCH DIRECTOR

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RESEARCH

Barcelona GSE Lecture Series

Organized with support from Banc Sabadell, the Barcelona GSE Lecture Series brings some of the world’s top scholars in economics to Barcelona to share their research with the GSE community.

Past speakers have included:

Prof. Tim Besley (London School of Economics)Prof. Mathias Dewatripont (Université Libre de Bruxelles)Prof. Edward C. Prescott (2004 Nobel Prize in Economics)Prof. Hugo Sonnenschein (University of Chicago)Mr. Jean-Claude Trichet (President, European Central Bank)

BARCELONA GSE LECTURES 2010-11

Prof. Jean TiroleToulouse School of Economics“Regulating systemic risk”

Prof. Alberto AlesinaHarvard University“Fiscal policy after the Great Recession”

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Community Seminars and Conferences

More than 250 seminars and conferences in regularly occurring seminar series and special events, covering the latest research across the spectrum of economics fields

The Barcelona GSE is part of a vibrant and busy economics community in Barcelona. The four academic bodies of the School plan numerous regularly occurring seminars, workshops, and conferences featuring internationally renowned academics, practitioners, and experts from around the world.

SEMINAR SERIES ORGANIZEDBY THE BARCELONA GSE COMMUNITY

· Applied Lunch Seminars (UPF)

· Barcelona Economics Decision Group Seminars

· Barcelona GSE Lectures

· Barcelona JOCS Seminars on Game Theory and Applications

· “Bellaterra” Applied Seminars (UAB-IAE)

· “Bellaterra” Macroeconomics Seminars (UAB-IAE)

· “Bellaterra” Microeconomics Seminars (UAB-IAE)

· Center for Research in Economics and Health Seminars (UPF-CRES)

· CREI-DEE Seminars

· Economic and Business History Seminars (UPF)

· Finance Seminars (UPF)

· Financial Institutions Seminars (Barcelona GSE-UPF)

· IAE “Informal” Seminars

· INSIDE Workshops (IAE)

· Internal Micro and Behavioral Economics Seminars (UPF)

· Internal Workshops (IAE)

· International Lunch Seminars (CREI)

· Labor, Public and Development Seminars (UPF)

· Labor, Public and Development Faculty Lunches (UPF)

· Lunch Seminars on Social Choice and Game Theory (UAB-IAE)

· Macroeconomics Breakfasts (CREI)

· Macroeconomics Workshops (UAB)

· Management and Behavioral Research Breakfasts (UPF)

· Management and Organizational Studies Seminars (UPF)

· Microeconomics Seminars (UPF)

· Microeconomics Workshops (UAB)

· Occasional Econometric Seminars (UPF)

· Regulation and Competition Seminar Series (Barcelona GSE-UPF)

· Statistics and Operational Research Seminars (UPF)

Barcelona GSE “Trobada” VIII

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KEY CONFERENCES IN THE BARCELONA GSE COMMUNITY (OCTOBER 2010-JULY 2011) Listed Chronologically

Fall· CEPR Development Economics Workshop (CREMed and UPF)

· Barcelona GSE “Trobada” VIII

· GSE-CEPR-CREI-IAE Workshop Towards Sustained Economic Growth

· CREI-CEPR Workshop on Changes in Labor Market Dynamics

· MOVE Workshop on Selection of Politicians (UAB)

Winter· MOVE-Urrutia Elejalde Workshop on Information, Dynamics and Political Decision Making (UAB)

· MOVE Workshop on the Well-Being of Youth (UAB)

· 16th Coalition Theory Network Workshop (UAB)

· ACCIO-IESE-MOVE Workshop on Innovation (UAB)

· ICREA-MOVE Workshop on Family Economics (UAB)

Spring· VII International Meeting on Experimental and Behavioral Economics (IAE, UPF, UAB)

· MOVE Workshop on Venture Capital (UAB)

· CREI Conference on Politics, Information and Macroeconomy

· XIII Workshop in International Economics and Finance (CREI) Lima, Peru

· CREI Conference on Information, Beliefs and Expectations in Macroeconomics

· IV Workshop on Gender Economics (IAE)

· ThReD Conference 2011 (IAE)

· MOVE-ISER Joint Workshop on Game Theory and Social Choice

· LeeX International Conference on Theoretical and Experimental Macroeconomics (UPF)

· IDEA Workshop: 20 Years of the International Doctorate in Economic Analysis

· UAB-BBVA Workshop on Votes and Incentives, in honor of Prof. Salvador Barberà

· INSIDE-IAE-MOVE Seminar on Multilateral Resistance to Migration

· Priorat Workshop in Theoretical Political Science (IAE-UAB)

· II CREMed Workshop on Economics of the Mediterranean and the Euromediterranean Process

· INSIDE-IAE-MOVE Seminar on the Wage Effects of Immigration and Emigration

· INSIDE-IAE-MOVE Workshop on Child Well-being and Migration

· INSIDE-IAE-MOVE Seminar on Multilateral Resistance to Migration

· CREI-CEPR Conference on Institutions and International Capital Flows

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Publications

AFFILIATED FACULTY RESEARCH OUTPUT

Affiliated professors of the Barcelona GSE publish their research widely, including the five top general journals (American Economic Review, Econometrica, Journal of Political Economy, Quarterly Journal of Economics, and Review of Economic Studies) and many specialized journals. The combined research output of the academic bodies of the Barcelona GSE places the institutions at the forefront of research groups in Europe.

RESEARCH RANKINGS

The following are the Barcelona GSE’s rankings in scientific output as measured by:

RePEc (Research Papers in Economics)released in June 2011

#15 Top Economic Institutions (worldwide)#10 Top Economics Departments (worldwide)#3 Top European Institutions#1 Top Institutions in Spain

Journal of the European Economic Association“Research and Higher Education in Economics: Can We Deliver The Lisbon Objectives?” May 2007

#20 Research Output (Europe and United States combined)#2/3 Research Output in Europe

RESEARCH RECOGNITION PROGRAM

The Barcelona GSE Research Recognition Program aims to acknowledge any researcher in economics who is affiliated with a Catalan institution and has published in a list of international economic journals of high impact in the last three years. GSE affiliated professors who qualify for the Recognition Program acquire the condition of Barcelona GSE Research Fellow, while those who are not affiliated professors are considered External Research Fellows.

A full listing of External Research Fellows can be found on page 109.

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Abbink, K.; J. Brandts, B. Herrmann, and H. Orzen. “Inter-group Competition and Intra-group Punishment in an Experimental Contest Game.” American Economic Review, 100, 420–447, 2010.

Alcalde-Unzu, J. and M.A. Ballester. “On Ranking Opportunity Distributions.” Social Choice and Welfare, 34, 3–31, 2010.

Algan, Y.; C. Dustmann, A. Glitz, and A. Manning. “The economic situation of first- and second-generation immigrants in France, Germany and the UK.” Economic Journal, 120(542), 4–30, 2010.

Apesteguia, J. and M.A. Ballester. “The computational complexity of rationalizing behavior.” Journal of Mathematical Economics, 46(3), 356–363, 2010.

Apesteguia, J.; S. Huck, J. Oechssler, and S. Weidenholzer. “Imitation and the evolution of Walrasian behavior: Theoretically fragile but behaviorally robust.” Journal of Economic Theory, 145(5), 1603–1617, 2010.

Apesteguia, J. and I. Palacios-Huerta. “Psychological pressure in competitive environments: Evidence from a randomized natural experiment.” American Economic Review, 100(5), 2548–2564, 2010.

Armenter, R. and F. Ortega. “Credible redistribution policies and migration across US States.” Review of Economic Dynamics, 13(2), 403–423, 2010.

Arruñada, B. “Protestants and Catholics: Similar work ethic, different social ethic.” The Economic Journal, 120(547), 890–918, 2010.

Azmat, G. and N. Iriberri. “The importance of relative performance feedback information: Evidence from a natural experiment using high school students.” Journal of Public Economics, 94(7-8), 435–452, 2010.

Banal-Estañol, A.; P. Heidhues, R. Nitsche, and Jo. Seldeslachts. “Screening and merger activity.” Journal of Industrial Economics, 58(4), 794–817, 2010.

Barberà, S.; D. Berga, and B. Moreno. “Individual versus group strategy–proofness: when do they coincide?” Journal of Economic Theory 145(5), 1648–1674, 2010.

Barberà, S. and D. Coelho. “On the Rule of k Names.” Games and Economic Behavior, 70(1), 44–61, 2010. Special issue in Honor of Ehud Kalai.

Beviá, C. “Manipulation games in Economies with Indivisible Goods.” International Journal of Game Theory, 39(1), 209–222, 2010.

Beviá, C. and L. Corchón. “Peace Agreements without commitment.” Games and Economic Behavior, 68 (2), 469–487, 2010.

Blanchard, O. and J. Galí. “Labor market frictions and monetary policy: A new Keynesian model with unemployment.” American Economic Journal: Macroeconomic, 2(2), 1–30, 2010.

Bosch, M.; M.A. Carnero, and L. Farré. “Information and Discrimination in the Rental Housing Market: Evidence from a Field Experiment.” Regional Science and Urban Economics, 40, 11–19, 2010.

BARCELONA GSE FACULTY 2010 PUBLICATIONS INCLUDED IN THE RECOGNITION PROGRAM

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Brandts, J.; K. Gërxhani, and A. Schram. “Information, Bilateral Negotiation and Worker Recruitment.” European Economic Review, 54, 1035–1058, 2010.

Brandts, J.; K. Gërxhani, A. Schram, and J. Ygosse-Battisti. “Size Doesn’t Matter! Gift Exchange in Experimental Labor Markets.” Journal of Economic Behavior and Organization, 76, 544–548, 2010.

Brandts, J. and C. Solà. “Personal Relations and Their Effect on Behavior in an Organizational Setting: An Experimental Study.” Journal of Economic Behavior and Organization, 73, 246–253, 2010.

Broner, F.; A. Martin, and J. Ventura. “Sovereign risk and secondary markets.” American Economic Review, 100(4), 1523–1555, 2010.

Bruckner, M. and A. Ciccone. “International Commodity Prices, Growth, and Civil War in Sub-Saharan Africa.” The Economic Journal, 120, 519–534, 2010.

Calsamiglia, C.; G. Haeringer, and F. Klijn. “Constrained School Choice: An Experimental Study (instructions).” American Economic Review, 100, 1860–1874, 2010.

Caminal, R. “Markets and Linguistic Diversity.” Journal of Economic Behavior and Organization, 76, 774–790, 2010. Premi Catalunya d’Economia 2009.

Canova, F. and L. Gambetti. “Do expectations matter? The great moderation revisited.” American Economic Journal: Macroeconomics, 2(3),183–205, 2010.

Canova, F.; D. López-Salido, and C. Michelacci. “The effects of technology shocks on hours and output: A robustness analysis.” Journal of Applied Econometrics, 25(5), 755–773, 2010.

Casas, P. “Dismissals and quits in repeated games.” Economic Theory, 43(1), 67–80, 2010.

Casas, P. and A. Saiz. “Owning versus renting: Do courts matter?” Journal of Law and Economics, 53(1), 137–165, 2010.

Cervellati, M.; J.M. Esteban, and L. Kranich. “Work Values, Endogenous Sentiments and Redistribution.” Journal of Public Economics, 94, 212–227, 2010.

Ciccone, A. and M. Jarocinski. “Determinants of economic growth: Will data tell?” American Economic Journal: Macroeconomics, 2(4), 222–246, 2010.

Crinò, R. “Service Offshoring and White-Collar Employment.” The Review of Economic Studies, 77(2), 595–632, 2010.

Djankov, S. and M. Reynal-Querol. “Poverty and civil war: Revisiting the evidence.” Review of Economics and Statistics, 92(4), 1035–1041, 2010.

Dustmann, C.; A. Glitz, and T. Vogel. “Employment, wages, and the economic cycle: Differences between immigrants and natives.” European Economic Review, 54(1), 1–17, 2010.

Eeckhout, J. and P. Kircher. “Sorting and decentralized price competition.” Econometrica, 78(2), 539–574, 2010.

Eeckhout, J. and P. Kircher. “Sorting versus screening: Search frictions and competing mechanisms.” Journal of Economic Theory, 145(4), 1354–1385, 2010.

Eeckhout, J.; N. Persico, and P.E. Todd. “A theory of optimal random crackdowns.” American Economic Review, 100(3), 1104–1135, 2010.

Eeckhout, J. and K. Munshi. “Matching in informal financial institutions.” Journal of the European Economic Association,8(5), 947–988, 2010.

Ellman, M. and P. Pezanis-Christou. “Organizational structure, communication and group ethics.” American Economic Review, 100(5), 2478–2491, 2010.

Fack, G. and J. Grenet. “When do better schools raise housing prices? Evidence from Paris public and private schools.” Journal of Public Economics, 94(1-2), 59–77, 2010.

Fack, G. and C. Landais. “Are tax incentives for charitable giving efficient? Evidence from France.” American Economic Journal: Economic Policy, 2(2), 117–141, 2010.

Ferrer, R. “Breaking the law when others do: A model of law enforcement with neighborhood externalities.” European Economic Review, 54(2), 163–180, 2010.

Forni, M. and L. Gambetti. “The Dynamic Effects of Monetary Policy: A Structural Factor Model Approach.” Journal of Monetary Economics, 57(2), 203–213, 2010.

Funk, P. “Social incentives and voter turnout: Evidence from the Swiss mail ballot system.” Journal of the European Economic Association, 8(5), 1077–1103, 2010.

Ganuza, J. and J. Penalva. “Signal orderings based on dispersion and the supply of private information in auctions.” Econometrica, 79(3), 1007–1030, 2010.

Garcia-Milà, T.; A. Marcet, and E. Ventura. “Supply side interventions and redistribution.” Economic Journal, 120(543), 105–130, 2010.

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Gennaioli, N. and S. Rossi. “Judicial discretion in corporate bankruptcy.” Review of Financial Studies, 23(11), 4078–4114, 2010.

Gennaioli, N. and A. Shleifer. “What comes to mind.” Quarterly Journal of Economics, 125(4), 1399–1433, 2010.

Glaeser, E.L.; W.R. Kerr, and G. Ponzetto. “Clusters of entrepreneurship.” Journal of Urban Economics, 67(1), 150–168, 2010.

Greenwood, J. and N. Guner. “Social Change: The Sexual Revolution.” International Economic Review, 51(4), 893–923, 2010.

Hart, S. and A. Mas-Colell. “Bargaining and cooperation in strategic form games.” Journal of the European Economic Association, 8(1), 7–33, 2010.

Karelaia, N. and R. Hogarth. “The attraction of uncertainty: Interactions between skill and levels of uncertainty in market-entry games.” Journal of Risk and Uncertainty, 41(2), 141–166, 2010.

Klaus, B. and F. Klijn. “Smith and Rawls Share a Room: Stability and Medians.” Social Choice and Welfare, 35(4), 647–667, 2010.

Klaus, B.; F. Klijn, and M. Walzl. “Farsighted House Allocation.” Journal of Mathematical Economics, 46, 817–824, 2010.

Klaus, B.; F. Klijn, and M. Walzl. “Stochastic Stability for Roommate Markets.” Journal of Economic Theory, 145, 2218–2240, 2010.

Llavador, H.; J.E. Roemer, and J. Silvestre.“Intergenerational justice when future worlds are uncertain.” Journal of Mathematical Economics, 46(5), 728–761, 2010.

Loureiro, M; A. Sanz-de-Galdeano, and V. Daniela. “Smoking Habits: Like Father, Like Son, Like Mother, Like Daughter?” Oxford Bulletin of Economics and Statistics, 72(6), 717–746, 2010.

Macho-Stadler, I.; D. Pérez-Castrillo, and D. Wettstein. “Dividends and Weighted Values in Games with Externalities.” International Journal of Game Theory, 39, 177–184, 2010.

Martínez, R.; J. Massó, A. Neme, and J. Oviedo. “The Blocking Lemma for a Many-to-one Matching Model.” Journal of Mathematical Economics, 46, 937–949, 2010.

Mas-Colell, A. “Generic finiteness of equilibrium in bimatrix games.” Journal of Mathematical Economics, 46(4), 382–383, 2010.

Mattozzi, A. “Policy Uncertainty, Electoral Securities and Redistribution.” International Economic Review, 51, 45–71, 2010.

Ortega, F. “Immigration Policy and Skill Upgrading.” Journal of Public Economics, 89, 1841–1863, 2010.

Prat, J. “The Rate of Learning-by-doing: Estimates from a Search-matching Model.” Journal of Applied Econometrics, 25(6), 929–962, 2010.

Renou, L. and K. Schlag. “Minimax regret and strategic uncertainty.” Journal of Economic Theory, 145(1), 264–286, 2010.

Rodríguez-Planas, N. “Channels through which Public Employment Services and Small-Business Assistance Programs Work.” Oxford Bulletin of Economics and Statistics, 72(4), 458–485, 2010.

70

Calvó-Armengol International Prize in Economics

The Calvó-Armengol Prize honors the memory of GSE Affiliated Professor and ICREA-UAB Professor Antoni Calvó-Armengol, a beloved member of the GSE community and highly esteemed researcher from Andorra who passed away unexpectedly in November 2007 at the age of 37.

The prize endeavours to become one of the most prestigious prizes recognizing young economists and social scientists. It is awarded every two years to a top researcher in economics or social sciences younger than 40 years old for his or her contribution to the theory and comprehension of the mechanisms of social interaction.

The first prizewinner (2009) was Prof. Esther Duflo (MIT). The second recipient was selected in July 2011. He is Prof. Roland Fryer (Harvard University). The youngest African-American to receive tenure from Harvard and one of Time Magazine’s 100 Most Influential People of 2009, Prof. Fryer is an energetic and entrepreneurial researcher who analyzes race and inequality using a diverse set of theoretical, empirical, and experimental tools to shed new light on the role of race in social interactions.

Prof. Roland Fryer(Harvard University)

Prof. Antoni Calvó-Armengol,in whose memory the Prize was established

71

Promoters of the Calvó Prize

The Prize includes: · Cash award of 30,000 €

· Scientific direction of a fully-funded three-day workshop

· “Calvó-Armengol Lecture” in Barcelona

Prof. Matthew Jackson (Stanford University)Selection Committee Chair and appointed representative of the GSE Scientific Council

Prof. Salvador Barberà (UAB and Barcelona GSE)

Prof. Joel Sobel (UC San Diego)

Prize secretary: Prof. Guillaume Haeringer (UAB and Barcelona GSE)

Nominations and Selection Committe

RESEARCH

Prof. Esther Duflo (MIT)First winner of the Calvó-Armengol Prize

“I share Toni’s sense of what economics can (and should) do for society.”

72

Barcelona GSE Research Endowment

In order to achieve its long-term goals and to secure strength, stability and sustainable independence, in 2007 the Barcelona GSE Board made the decision to create an endowment fund intended to be supported by individuals, corporations, foundations and public institutions. The endowent’s revenues are dedicated exclusively to supporting the joint appointment of Barcelona GSE Research Professors with its four academic bodies.

Endowment Growth

2008

3M €

2009

5.5M €

1.25M €

2010

2M €

2011

1.25M

The first contribution is granted in the 2008 General Budget Act adopted by the Spanish Congress and instrumented through an agreement signed with the Spanish Ministry of Science and Innovation.

The 2009 General Budget Act adopted by the Spanish Congress includes for the second time an item to increase the Barcelona GSE Research Endowment, and a new agreement with the Spanish Ministry of Science and Innovation is signed.

The Barcelona GSE is one of the few European institutions to receive major support from the competitive and highly selective AXA Research Fund. This is the first private contribution to the Barcelona GSE Research Endowment.

Following the public support to the Barcelona GSE endowment strategy, the 2010 General Budget Act adopted by the Spanish Congress includes a new item to make the research endowment of the GSE grow.

For the fourth time, the General Budget Act adopted by the Spanish Congress includes an item to increase the Barcelona GSE Research Endowment. In addition, the School’s board of trustees reports revenues from interest earned on the Endowment’s principal funds.

Private Contributors

Public Contributors

Total contributions through August 2011

RESEARCH FELLOW CONTRIBUTORS: Prof. Antoni Bosch (UPF and Barcelona GSE)

Prof. José García-Montalvo (UPF)

Prof. Andreu Mas-Colell (UPF and Barcelona GSE)

13M

73

Barcelona GSE Research Professors

Alphabetical listing of Barcelona GSE Research Professors:

Private Contributors

Salvador Barberà is Professor of Economics at the Universitat Aut˜noma de Barcelona. He is a fellow of the Econometric Society, a recipient of the Rey Juan Carlos Award in Economics and the Pascual Madoz Research Prize, as well as a Doctorate Honoris Causa of the Universidad Pablo de Olavide. He is also director of MOVE (Markets, Organizations and Votes in Economics) at UAB. He has served on the boards of Econometrica, Games and Economic Behavior, Mathematical Social Sciences, and The Journal of Public Economic Theory.

Antonio Ciccone is ICREA Professor at Universitat Pompeu Fabra, which he first joined in 1994. He is a research associate of CREI and Fellow of the Center for Economic Policy Research (CEPR) and CESifo. He is currently co-editor of and has been a member of the editorial boards of several other international journals. He also chaired the Scientific Programme Committee of the 24th Congress of the European Economic Association. He has taught at UC Berkeley, Stanford University, London Business School and the London School of Economics. Prof. Ciccone directs the Fundació Caixa Manresa Chair on Applied Economics.

Salvador BarberàPhD, Northwestern UniversityUAB and Barcelona GSE

Antonio CicconePhD, Stanford UniversityICREA-UPF and Barcelona GSE

RESEARCH

74

Jordi Galí is the Director of the Center for Research in International Economics (CREI) and Professor at Universitat Pompeu Fabra. He holds research positions at the Center for Economic Policy Research (CEPR) and the US National Bureau of Economic Research (NBER). He is also a Fellow of the Econometric Society. He is currently Vice President of the European Economic Association (EEA) and will become President in 2012. Prior to joining the Barcelona economics community, he held academic positions at New York University and Columbia University. He has also been ranked as the 8th most cited researcher worldwide in Economics and Business (Thomson Scientific’s Essential Science Indicators SM, data from January 1997-October 2007).

Joan-Maria Esteban has been member of the Institute for Economic Analysis (IAE) since its beginning in 1985. He was director of the IAE from 1989 to 1991 and from 2001 to 2006. He coordinated the EU funded research project “Polarization and Conflict” from 2004-2008 and now holds an AXA Research Fund grant. In 2007, he received the Rei Jaume Prize in Economics. His experience includes membership on the Research Council of the European University Institute and the European Commission’s expert group on Economic, Social and Human Sciences. Prof. Esteban is a past president of the Spanish Economic Association and currently serves as Secretary General of the International Economic Association (2011-2017).

Jordi GalíPhD, MITCREI-UPF and Barcelona GSE

Joan-Maria EstebanPhD, Oxford UniversityIAE and Barcelona GSE

75

Massimo Motta is ICREA Research Professor at Universitat Pompeu Fabra and Dean of the Barcelona GSE. He is a Fellow of the European Economic Association, Research Fellow of the Centre for Economic Policy Research (CEPR) and CESifo, as well as member of the Executive Committee of the Association of Competition Economists, of the Economic Advisory Group on Competition Policy at the European Commission, and of the Expert Academic Panel of Ofcom, London. He was Head of the Economics Department of the European University Institute. His book Competition Policy: Theory and Practice (Cambridge University Press, 2004) is the standard international reference on the economics of antitrust.

Nezih Guner is ICREA Research Professor at MOVE (Markets, Organizations and Votes in Economics) and Adjunct Professor at Universitat Autònoma de Barcelona. He is a Research Affiliate of the Center for Economic Policy Research (CEPR) and a Research Fellow of the Institute for Study of Labor (IZA). Before joining the Barcelona economics community, he held academic positions at Queen’s University (Canada), Pennsylvania State University, and Universidad Carlos III de Madrid. He is a co-editor of Economic Inquiry and Associate Editor of Journal of Population Economics and SERIEs (Journal of the Spanish Economic Association).

Massimo MottaPhD, LSE and Université Catholique de LouvainICREA-UPF and Barcelona GSE

Nezih GunerPhD, University of RochesterICREA-UAB and Barcelona GSE

RESEARCH

76

Research Partnerships

CENTER FOR RESEARCH ON THE ECONOMIES OF THE MEDITERRANEAN (CREMed)

The Barcelona GSE has partnered with the European Institute of the Mediterranean (IEMed) to create the Center for Research on the Economies of the Mediterranean (CREMed). The objective of CREMed is to promote high quality economic research with a special focus on the Mediterranean region, and in particular the economic relationships between the European Union and Mediterranean countries. Prof. José García Montalvo (UPF) is the Scientific Director of CREMed, and Prof. Eva Ventura (UPF and Barcelona GSE) is the Executive Director.

FUNDACIÓ CAIXA MANRESA CHAIR ON APPLIED ECONOMICS AT THE BARCELONA GSE

The Fundació Caixa Manresa Chair on Applied Economics is intended to promote world-class research and dissemination in Applied Economics and to attract international researchers. The Chair is directed by Prof. Antonio Ciccone (ICREA-UPF and Barcelona GSE).

The chair was created in an agreement with Caixa Manresa, which later became a founding partner of Catalunya Caixa.

October 2010CEPR Development Economics WorkshopOrganized jointly with UPF

June 2011 Cohosted the 10th International Conference of the Middle East Economic Association (MEEA)

June 2011Workshop on “Economics of the Mediterranean and the Euromediterranean Process.” Organized jointly with the European Institute (LSE)

CREMed ACTIVITIES 2010-11

77

RESEARCH

CREI-Caixa Manresa Conference on “The Political Economy of Economic Development,” held at Sant Benet Monastery and co-organized by Prof. Ciccone as part of the Chair’s activities.

HIGHLIGHTS

80

FALL 2010

Barcelona GSE “Trobada” VIIIGSE affiliated professors gather at the annual Trobada to meet the new faculty and discuss their research. A roundtable panel on the Spanish labor market was also organized. Panel (from left): Professors Julien Prat (IAE and GSE), Nezih Guner (ICREA-UAB and GSE), Juan J. Dolado (Universidad Carlos III), Thijs van Rens(CREI-UPF and GSE), and Sergi Jiménez-Martín (UPF and GSE).

Alan Krueger delivers inaugural lectureAt the GSE Opening Ceremony in Fall 2010, Prof. Alan Krueger (Princeton University) spoke on “Economic Policy Making: Lessons from Recent U.S. Experience,” drawing from his recent experiences as Assistant Secretary for Economic Policy and Chief Economist at the United States Treasury Department. In 2011, Prof. Krueger was nominated Chair of the White House Council of Economic Advisors by President Barack Obama.

HIGHLIGHTS

81

HIGHLIGHTS

Economic policymakers preside over Opening Ceremony 2010-11Barcelona GSE Chairman Andreu Mas-Colell; former Assistant Secretary for Economic Policy and Chief Economist at the United States Treasury Department, Prof. Alan Krueger (Princeton University); Secretary of Economy of the Spanish Government, Prof. José Manuel Campa; Vice President of the European Commission, Mr. Joaquín Almunia; Catalan Minister of Economy and Finance, Prof. Antoni Castells; and Honorary President of “la Caixa,” Mr. Ricard Fornesa.

Barcelona GSE Class of 2011The traditional picture with the new class, taken at CaixaForum where the Opening Ceremony was held.

82

WINTER 2010 AND SPRING 2011

Intensive Course on Competition Economics: Abuse of DominanceThe first edition of this four-day continuing education course drew 56 competition experts from 19 jurisdictions. Demand for places was so high that the course “sold out” weeks before sessions began, leaving a number of applicants on the waitlist.

Ramon Marimon becomes new GSE ChairmanThe GSE Board of Trustees elects Prof. Ramon Marimon (EUI, UPF and GSE) to take over the position previously held by the School’s founder, Prof. Andreu Mas-Colell (UPF and GSE), who steps down in order to focus on his responsibilities as the newly appointed Minister of Economy and Knowledge in the Catalan government.

GPEFM doctoral graduate named one of seven “star performers” in 2011 job marketThe Review of Economic Studies recognizes Peter Koudijs (Economics ‘06 and GPEFM ‘11) as one of the world’s most promising young economists in this year’s job market. The GPEFM at UPF is one of the Barcelona GSE’s reference PhD programs.

83

Institute for Economic Analysis (IAE) celebrates 25th anniversaryThe creation of this founding academic body of the Barcelona GSE in the late 1980s was a turning point for making Barcelona one of the few hubs of world-class economic research and teaching.

Barcelona GSE ranked among top 15 economic research centers in the world Research Papers in Economics (RePEc) ranks the Barcelona GSE 15th among Economic Research Institutions and 10th among Economics Departments worldwide, 3rd in Europe and 1st in Spain. (Rankings as of June 2011)

HIGHLIGHTS

84

IDEA doctoral program celebrates 20 yearsThe UAB’s Department of Economics and Economic History organizes a conference in honor of its International Doctorate in Econo-mic Analysis (IDEA) at the Bellaterra campus. IDEA is one of the Barcelona GSE’s reference PhD programs.

Javier de Agustín addresses master program graduatesPresiding at Graduation 2011 (from left): Prof. Joan Gómez Pallarès, vice-rector of the Universitat Autònoma de Barcelona (UAB); Dean of the Barcelona GSE, Prof. Massimo Motta (ICREA-UPF and GSE); Mr. Javier de Agustín, CEO of AXA Seguros España; and Prof. Teresa Garcia-Milà, vice-rector of the Universitat Pompeu Fabra (UPF) and Barcelona GSE Affiliated Professor.

SPRING AND SUMMER 2011

85

5th edition of GSE Summer SchoolsThe fifth edition of the Barcelona GSE Summer Schools drew 257 participants from 41 countries. Course tracks include Labor Economics, Banking, and Microeconometrics.

Global Health Leadership Forum 2011Senior health executives from 15 countries participate in the eighth Barcelona session of the GHLF.

HIGHLIGHTS

A tribute to the lifetime achievements of Prof. Salvador BarberàMore than 80 academics from around the globe gather at the UAB for “Votes and Incentives: The Design of Institutions,” a conference organized by the UAB’s Department of Econo-mics and sponsored by BBVA Foundation on the occasion of the 65th birthday of Prof. Salvador Barberà (UAB and Barcelona GSE). Prof. Barberà was the first vice chairman of the Barcelona GSE and was appointed GSE Research Professor in 2009.

86


Economics

Barcelona GSE Class of 2011

87


Finance

HIGHLIGHTS

88



89

Graduation Ceremony

HIGHLIGHTS

EXTERNALRELATIONS

& FINANCIALDATA

92

Master Program Scholarships

The support of prestigious companies and institutions enables the Barcelona GSE to offer tuition wavers to outstanding students applying to any of its master programs.

Thanks to these sponsorship agreements, students from more than 25 countries received either full- or partial-tuition scholarship awards for the 2010-11 academic year. A total of 41 students across all of the master programs received some type of scholarship funding this year.

These partnerships affirm the sponsors’ belief in the high quality of the Barcelona GSE and their vested interest in bringing top students to study in the master programs as part of their corporate social responsibility actions.

EXTERNAL RELATIONS & FINANCIAL DATA

93

Scholarship Sponsors 2010 -11

EXTERNALRELATIONS & FINANCIALDATA

94

Communications

As higher education becomes increasingly competitive, the Barcelona GSE’s communications efforts take a central role in recruitment and marketing in an international base. Key components of the 2010-11 marketing and communications strategy of the School included:

Website Developmentwww.barcelonagse.euTotal Visits: 443,992 (20% more than 2009-10)Total Pageviews: 1,393,310 (26% more than 2009-10)

The website encompasses news and events from the School’s founding academic bodies, the latest research of its faculty including publication lists and research videos, and information for prospective students about the Barcelona GSE programs.

This year’s web development projects included improvements to site navigation menus and increased visibility of research activities on the home page.

Admissions Blogblogs.barcelonagse.eu/admissions The Admissions Office uses this blog to communicate timely announcements and answer frequently-asked questions. Many of the posts are generated in response to emails, Facebook messages, and phone calls from prospective students themselves.

Social MediaSocial media provides new opportunities for interaction among members of the GSE community and increases the accessibility of the institution to prospective students and other external parties. The Barcelona GSE has a presence on LinkedIn, Facebook, YouTube, Flickr, Slideshare, and Twitter.

Home page of the Barcelona GSE website

95

MASTER PROGRAMS2011-2012

Recruiting EventsRepresentatives from the Barcelona GSE regularly attend Graduate School Fairs in Europe and North America to promote our school among potential candidates. The Admissions Office also welcomes prospective students at periodic campus events as well as scheduled appointments and walk-in visits. In addition, the school organizes an Open Day on the Barcelona GSE campus that gives prospective students in the Barcelona area a chance to meet with program directors and admissions staff.

Dissemination of MaterialsThe GSE strives to be a focal point of the economics community in Barcelona and a reference of interest abroad. The school compiles a comprehensive list of weekly economics events, has a trimestral newsletter, and does frequent mailings and emailings of its brochures to targeted groups of prospective students and collaborators.

Print and Online MarketingAdvertisements were run in international press such as The Economist and Financial Times for branding and recruiting purposes, as well as to promote our programs for placement purposes among the target audiences of these two magazines, which include economic consulting firms, central banks, investment banks, government services and competition commissions. Online marketing strategies included banners and links placed on websites related to master program study areas and Google ad campaigns to reinforce the School’s presence in this internet search engine.

Promotional brochure for GSE master programs


96

Financial Data 2010 -11

INCOME SOURCESIncome from public institutions: 22%Income from private institutions and student fees: 78%

22%

78%

INCOME SOURCES Total Income: 3.754 million euros

Fees: Master Programs

200.000 €

400.000 €

600.000 €

800.000 €

1.000.000 €

1.200.000 €

1.400.000 €

ProgramSponsors

Fees: ProfessionalPrograms

ProfessionalProgramsSponsors

Research Board of Trustees

Consolider Other

97


EXPENSES Total Expenses: 3.520 million euros

University Fees

200.000 €

400.000 €

600.000 €

800.000 €

1.000.000 €

1.200.000 €

1.400.000 €

Faculty Fully Funded Scholarships

Other Program Expenses

Communication Research Personnel Running Expenses

Amortization

APPENDICES

100

Programs Legend:

Master Programs

ECON Economics

FIN Finance

ITFD International Trade Finance, and Development

MCMR Competition and Market Regulation

MESI Economics of Science and Innovation

MPFM Macroeconomic Policy and Financial Markets

Reference Doctoral Programs

GPEFM Graduate Program in Economics, Finance and Management (UPF)

IDEA International Doctorate in Economic Analysis (UAB)

Aloui, Larbi (UPF)PhD, University of PennsylvaniaPrograms: ECON, GPEFM

Apesteguia, Jose (ICREA-UPF)PhD, Universidad Pública de NavarraPrograms: ECON, GPEFM

Aragonès, Enriqueta (IAE)PhD, Northwestern UniversityProgram: IDEA

Arruñada, Benito (UPF)PhD, Universidad de OviedoPrograms: ECON, GPEFM

Azmat, Ghazala (UPF)PhD, London School of EconomicsPrograms: ECON, ITFD, GPEFM

Balcells, Laia (IAE)PhD, Yale University

Ballester, Miguel-Ángel (UAB)PhD, Universidad Pública de NavarraProgram: IDEA

Banal Estañol, Albert (UPF)PhD, Universitat Autònoma de Barcelona Programs: FIN, MCMR, GPEFM

Barberà, Salvador (UAB)PhD, Northwestern UniversityScientific Director, MESIPrograms: MESI, IDEA

Bashshur, Michael (UPF)PhD, University of Illinois, Urbana-Champaign Program: GPEFM

Baucells, Manel (UPF)PhD, University of California-Los AngelesProgram: GPEFM

Beviá, Carmen (UAB)PhD, Universitat d’AlacantProgram: IDEA

Bonfiglioli, Alessandra (IAE) PhD, Stockholm UniversityPrograms: ITFD, IDEA

Bosch-Domènech, Antoni (UPF)PhD, University of MinnesotaPrograms: ECON, GPEFM

Including programs in which they have taught.Full List of Affiliated Professors (2010 -11)

APPENDICES

101

Brandts, Jordi (IAE)PhD, University of PennsylvaniaProgram: IDEA

Broner, Fernando (CREI)PhD, Massachusetts Institute of Technology (MIT)Programs: ECON, ITFD, GPEFM

Burguet, Roberto (IAE)PhD, State University of New York at Stony BrookProgram: IDEA

Bustos, Paula (CREI)PhD, Harvard UniversityPrograms: ECON, ITFD, GPEFM

Caballé, Jordi (UAB)PhD, University of PennsylvaniaPrograms: MPFM, IDEA

Caggese, Andrea (UPF)PhD, London School of EconomicsPrograms: ECON, FIN, GPEFM

Calsamiglia, Caterina (UAB)PhD, Yale UniversityPrograms: MPFM, IDEA

Calsamiglia, Xavier (UPF)PhD, University of MinnesotaProgram: GPEFM

Caminal, Ramon (IAE)PhD, Harvard UniversityProgram: IDEA

Camps, Enriqueta (UPF)PhD, European University InstituteProgram: GPEFM

Canova, Fabio (ICREA-UPF, CREI)PhD, University of Minnesota Program: GPEFM

Cantoni, Davide (UPF)PhD, Harvard UniversityPrograms: ECON, GPEFM

Cardoso, Ana Rute (IAE)PhD, European University InstituteProgram: IDEA

Carreras, Albert (UPF)PhD, Universitat Autònoma de Barcelona Program: GPEFM

Carvalho, Vasco (CREI)PhD, University of Chicago Programs: ECON, FIN, GPEFM

Casas-Arce, Pablo (UPF)PhD, Harvard University Program: GPEFM

Choi, Sekyu (UAB)PhD, University of PennsylvaniaPrograms: MPFM, IDEA

Ciccone, Antonio (ICREA-UPF)PhD, Stanford University Director, ECON Programs: ECON, ITFD, GPEFM

Colomer, Josep M. (IAE)PhD, Universitat de Barcelona Program: GPEFM

Conesa, Juan-Carlos (UAB)PhD, University of Minnesota Programs: MPFM, IDEA

Cornelissen, Gert (UPF)PhD, Catholic University Leuven Program: GPEFM

Creel, Michael (UAB)PhD, University of California-Davis Program: IDEA

Crinò, Rosario (IAE)PhD, Università degli Studi di Milano Program: IDEA

Cuadras Morató, Xavier (UPF)PhD, University of York Program: GPEFM

Dagnelie, Olivier (IAE)PhD, University of NamurProgram: IDEA

de la Fuente, Angel (IAE)PhD, University of PennsylvaniaProgram: IDEA

de Martí, Joan (UPF)PhD, Universitat Autònoma de BarcelonaProgram: GPEFM

APPENDICES

102

Eeckhout, Jan (ICREA-UPF)PhD, London School of Economics Program: GPEFM

Ellman, Matthew (IAE)PhD, Harvard University

Esteban, Joan-Maria (IAE)PhD, Oxford University Program: IDEA

Esteban, Susanna (UAB)PhD, University of RochesterPrograms: MCMR, IDEA

Fack, Gabrielle (UPF)PhD, Ecole des Hautes Etudes en Sciences SocialesPrograms: ECON, GPEFM

Farell, Montse (UAB)PhD, University of California-DavisProgram: IDEA

Farré, Lídia (IAE)PhD, European University InstituteProgram: IDEA

Fasani, Francesco (IAE)PhD, University College London

Fernández-Huertas, Jesús (IAE)PhD, Columbia UniversityProgram: IDEA

Ferrer, Rosa (UPF)PhD, Vanderbilt UniversityProgram: GPEFM

Ferrer-i-Carbonell, Ada (ICREA-IAE)PhD, University of Amsterdam Program: IDEA

Fons-Rosen, Christian (UPF)PhD, London School of EconomicsProgram: GPEFM

Fradera, Isabel (UAB)PhD, Northwestern University Program: IDEA

Freixas, Xavier (UPF)PhD, Université de Toulouse Scientific Director, FIN Programs: FIN, GPEFM

Funk, Patricia (UPF)PhD, University of Basel Program: GPEFM

Galí, Jordi (CREI)PhD, Massachusetts Institute of Technology (MIT) Programs: ECON, MPFM, GPEFM

Gambetti, Luca (UAB)PhD, Universitat Pompeu Fabra Programs: MPFM, IDEA

Gancia, Gino (CREI)PhD, Stockholm University Programs: ECON, ITFD, GPEFM

Ganuza, Juan-José (UPF)PhD, Universidad Carlos III de MadridDirector, MCMRPrograms: ECON, MCMR, GPEFM

García-Fontes, Walter (UPF)PhD, Stanford University Programs: MESI, GPEFM

Garcia-Milà, Teresa (UPF)PhD, University of Minnesota Program: GPEFM

Garcia-Villar, Jaume (UPF)PhD, London School of Economics Programs: ECON, GPEFM

Gennaioli, Nicola (CREI)PhD, Harvard University Programs: ECON, ITFD, GPEFM

Germano, Fabrizio (UPF)PhD, University of California-San Diego Programs: ECON, GPEFM

Gierlinger, Johannes (UAB)PhD, Toulouse School of EconomicsPrograms: MPFM, IDEA

Gil-Bazo, Javier (UPF)PhD, Universidad del País VascoDirector, FINPrograms: FIN, ITFD, GPEFM

Glitz, Albrecht (UPF)PhD, University College London Programs: ECON, GPEFM

Gnocchi, Stefano (UAB)PhD, Universitat Pompeu FabraPrograms: MPFM, IDEA

103

Gómez Biscarri, Javier (UPF)PhD, University of California-Los AngelesPrograms: MCMR, GPEFM

González, Libertad (UPF)PhD, Northwestern University Programs: ECON, ITFD, GPEFM

Grasas, Alex (UPF)PhD, University of FloridaProgram: GPEFM

Greenacre, Michael (UPF)PhD, Université Pierre et Marie Curie Program: GPEFM

Güell, Maia (UPF)PhD, London School of Economics Program: GPEFM

Guirao, Fernando (UPF)PhD, European University Institute Program: GPEFM

Guner, Nezih (ICREA-UAB)PhD, University of Rochester Programs: MPFM, IDEA

Haeringer, Guillaume (UAB)PhD, Université Louis Pasteur Program: IDEA Hansen, Stephen (UPF)PhD, London School of EconomicsPrograms: ECON, GPEFM

Hauk, Esther (IAE)PhD, European University Institute

Hervás-Drane, Andrés (UPF)PhD, Universitat Autònoma de BarcelonaProgram: GPEFM

Hogarth, Robin (ICREA-UPF)PhD, University of ChicagoDirector, GPEFM Programs: ECON, GPEFM

Hurkens, Sjaak (IAE)PhD, Tilburg University Program: IDEA

Iorio, Daniela (UAB)PhD, University of Pennsylvania Programs: MPFM, IDEA

Iriberri, Nagore (UPF)PhD, University of California-San Diego Program: GPEFM

Jiménez-Martín, Sergi (UPF)PhD, Universitat Pompeu Fabra Program: GPEFM

Klijn, Flip (IAE)PhD, Tilburg UniversityProgram: IDEA Ladrón de Guevara, Antonio (UPF)PhD, Universidad Carlos III de MadridProgram: GPEFM

Le Menestrel, Marc (UPF)PhD, INSEAD Program: GPEFM

Le Mens, Gäel (UPF)PhD, Stanford Graduate School of BusinessProgram: GPEFM

Licandro, Omar (IAE)PhD, Université Catholique de LouvainResearch Director, Barcelona GSEPrograms: ITFD, IDEA

Litschig, Stephan (UPF)PhD, Columbia University Programs: ECON, GPEFM

Llavador, Humberto (UPF)PhD, University of California-Davis Programs: ECON, GPEFM

López-Casasnovas, Guillem (UPF)PhD, University of York Program: GPEFM

Lugosi, Gábor (ICREA-UPF)PhD, Hungarian Academy of Sciences Programs: ECON, GPEFM

Macho-Stadler, Inés (UAB)PhD, Ecole des Hautes Etudes en Sciences SocialesPrograms: MCMR, MESI, IDEA

Marcet, Albert (IAE)PhD, University of Minnesota Scientific Director, MPFMPrograms: MPFM, IDEA

APPENDICES

104

Marimon, Ramon (UPF-IUE)PhD, Northwestern University Chairman, Barcelona GSEProgram: GPEFM

Martín, Alberto (CREI)PhD, Columbia University Programs: ECON, FIN, ITFD, GPEFM

Martínez Giralt, Xavier (UAB)PhD, Université Catholique de Louvain Program: IDEA

Martínez-Legaz, Juan-Enrique (UAB)PhD, Universitat de Barcelona Program: IDEA

Mas-Colell, Andreu (UPF)PhD, University of Minnesota Founder, Barcelona GSEProgram: GPEFM

Massó, Jordi (UAB)PhD, State University of New York at Stony BrookProgram: IDEA

Matthes, Christian (UPF)PhD, New York UniversityPrograms: ECON, GPEFM

Mattozzi, Andrea (UAB)PhD, University of PennsylvaniaProgram: IDEA

Mayoral, Laura (IAE)PhD, Universidad Carlos III de Madrid Programs: MPFM, IDEA

Miralles, Antonio (UAB)PhD, Boston UniversityProgram: IDEA

Motta, Massimo (ICREA-UPF)PhD, London School of Economics and Université Catholique de LouvainDean, Barcelona GSEPrograms: MCMR, GPEFM

Mueller, Hannes (IAE)PhD, London School of Economics Program: IDEA

Nagel, Rosemarie (ICREA-UPF)PhD, University of Bonn Programs: ECON, GPEFM

Nimark, Kristoffer (CREI)PhD, European University InstitutePrograms: ECON, GPEFM

Obiols, Francesc (UAB)PhD, Universitat Pompeu Fabra Director, MPFMPrograms: MPFM, IDEA

Olivella, Pau (UAB)PhD, Northwestern University Programs: MCMR, IDEA

Ortega, Francesc (UPF)PhD, New York University Programs: ITFD, GPEFM

Ortún, Vicente (UPF)PhD, Universitat de Barcelona Program: GPEFM

Panadés, Judith (UAB)PhD, Universitat Autònoma de Barcelona Program: IDEA

Papaspiliopoulos, Omiros (UPF)PhD, Lancaster University Programs: FIN, GPEFM

Pappa, Evi (UAB)PhD, Universitat Pompeu Fabra Director: IDEAPrograms: MPFM, IDEA

Pascali, Luigi (UPF)PhD, Boston CollegePrograms: ECON, ITFD, GPEFM

Peñaranda, Francisco (UPF)PhD, Universidad Complutensede Madrid-CEMFIPrograms: FIN, GPEFM

Pérez Orive, Ander (UPF)PhD, London School of EconomicsPrograms: ECON, FIN, GPEFM

Pérez-Castrillo, David (UAB)PhD, Ecole des Hautes Etudes en Sciences SocialesDirector, MESI Programs: MESI, IDEA

Perrone, Helena (UPF)PhD, Toulouse School of EconomicsProgram: GPEFM

105

Ponsatí, Clara (IAE)PhD, University of Minnesota Program: IDEA

Ponzetto, Giacomo (CREI)PhD, Harvard UniversityPrograms: ECON, GPEFM

Prat, Julien (IAE)PhD, European University InstituteProgram: IDEA

Puig-Junoy, Jaume (UPF)PhD, Universitat Autònoma de Barcelona Program: GPEFM

Ramalhinho, Helena (UPF)PhD, Cornell University Program: GPEFM

Raymond-Bara, Josep-Lluís (UAB)PhD, Universitat de Barcelona Program: IDEA

Rey Biel, Pedro (UAB)PhD, University College London Programs: MESI, IDEA

Reynal-Querol, Marta (ICREA-UPF)PhD, London School of Economics Program: GPEFM

Rodríguez Mendizabal, Hugo (UAB)PhD, University of ChicagoDirector, IDEAProgram: IDEA

Rodríguez-Planas, Núria (UAB)PhD, Boston University Program: IDEA

Rondina, Francesca (IAE)PhD, University of WisconsinProgram: IDEA

Rupérez-Micola, Augusto (UPF)PhD, London Business School Programs: MCMR, GPEFM

Sancho, Ferran (UAB)PhD, Universitat Autònoma de Barcelona Program: IDEA

Sanz-de-Galdeano,Ana (UAB)PhD, European University InstituteProgram: IDEA

Satorra, Albert (UPF)PhD, Universitat de Barcelona Programs: ECON, GPEFM

Schmidheiny, Kurt (UPF)PhD, Universität Bern Programs: ECON, FIN, ITFD, GPEFM

Segal, Carmit (UPF)PhD, Stanford University Program: GPEFM

Serra, Daniel (UPF)PhD, Johns Hopkins University Program: GPEFM

Soto, Marcelo (IAE)PhD, DELTA Program: IDEA

Talluri, Kalyan (ICREA-UPF)PhD, Massachusetts Institute of Technology (MIT) Program: GPEFM

Torres, Anna (UPF)PhD, Universitat Pompeu Fabra Program: GPEFM

Trento, Stefano (UAB)PhD, Universidad Carlos III Program: MESI, IDEA

Udina, Frederic (UPF)PhD, Universitat Politècnica de Catalunya Program: GPEFM

van Rens, Thijs (CREI)PhD, Princeton University Programs: ECON, GPEFM

Ventura, Jaume (CREI)PhD, Harvard University Programs: ECON, ITFD, GPEFM

Ventura, Eva (UPF)PhD, University of Minnesota Program: GPEFM

Voth, Hans-Joachim (ICREA-UPF, CREI)PhD, Oxford University Director, ITFDPrograms: ITFD, GPEFM

APPENDICES

106

Abhyankar, AbhayUniversity of Edinburgh Business SchoolPhD, University of StrathclydeProgram: FIN

Alejaldre, Carlos International Thermonuclear Experimental ReactorPhD, Polytechnic Institute of New YorkProgram: MESI

Alòs, ElisaUniversitat Pompeu FabraPhD, Polytechnic Institute of New YorkProgram: MESI

Antó, Josep María Centre for Research in Environmental EpidemiologyMD, Universitat Autònoma de BarcelonaProgram: MESI

Artadi, ElsaBocconi University PhD, Harvard UniversityProgram: ITFD

Beato, Paulina Repsol-YPF PhD, University of MinnesotaProgram: MCMR

Bel, Germà Universitat de Barcelona PhD, Universitat de BarcelonaProgram: MCMR

Bigorra, JoanHospital ClínicMD, Universitat Autònoma de BarcelonaProgram: MESI

Björk, ThomasStockholm School of Economics PhD, KTH (Royal Institute of Technology)Program: FIN

Cabeza Gutés, MaiteUniversitat Autònoma de BarcelonaPhD, University of California, DavisProgram: MPFM

Cassiman, BrunoIESE / Katholieke Universiteit Leuven PhD, Northwestern UniversityProgram: MESI

Coderch, Marcel Comisión del Mercado de las Telecomunicaciones PhD, Massachussets Institute of TechnologyProgram: MESI

Comella, Joan Universitat Autònoma de Barcelona / Fundació Catalana per la Recerca i la InnovacióPhD, Universitat de BarcelonaProgram: MESI

Corominas, MargaridaInstitute for Research in Biomedicine(IRB Barcelona) PhD, Universitat Pompeu FabraProgram: MESI

Danielsson, Jon London School of Economics PhD, Duke UniversityProgram: FIN

del Baño, SebastianCentre de Recerca Matemàtica PhD, Universitat Politècnica de CatalunyaProgram: FIN

Durville, GuillaumeHewlett-Packard MSc, Trinity College DublinProgram: MESI

Esteva-Mosso, Carles Merger Policy Unit, European Commission LLM, Université Libre de BruxellesProgram: MCMR

Fabra, Natalia Universidad Carlos III PhD, European University InstituteProgram: MCMR

Federico, Giulio CRA International PhD, Oxford UniversityProgram: MCMR

Ferràs, XavierCenter for Business Innovation, ACC1ÓPhD, Universitat de BarcelonaProgram: MESI

Full List of Guest Professors (2010 -11)

107

Gallo, Pedro Universitat de Barcelona / CIBERESP / Spanish Ministry of HealthPhD, London School of EconomicsProgram: MESI

García-Montalvo, JoséUniversitat Pompeu Fabra PhD, Harvard University Programs: ITFD, GPEFM

Giribert, JacquesIDAPTMSc, Management and Enterpreneurship, HECProgram: MESI

Gódia, Francesc Universitat Autònoma de Barcelona PhD, Universitat Autònoma de BarcelonaProgram: MESI

Goytisolo, Fermín Laboratorios Dr. Esteve PhD, University of CambridgeProgram: MESI

Herguera, Iñigo Universidad Complutense de Madrid / Comisión del Mercado de las Telecomunicaciones PhD, European University InstituteProgram: MCMR Isern, Jordi Institute for Space Studies of Catalonia (IEEC)PhD (Physics), Universitat de BarcelonaProgram: MESI

Jackwerth, JensUniversity of Konstanz PhD, University of GoettingenProgram: FIN

Jarocinski, MarekEuropean Central BankPhD, Universitat Pompeu FabraProgram: MPFM

Kleiman, EphraimHebrew University of JerusalemPhD, London School of EconomicsProgram: ITFD

León, ÁngelUniversitat d’AlacantPhD, Universitat d’AlacantPrograms: FIN, ITFD

León, Gonzalo Universidad Politécnica de Madrid PhD, Universidad Politécnica de MadridProgram: MESI

Levy-Yeyati, Eduardo Universidad Torcuato Di Tella/ Barclay’s Capital / World BankPhD, University of PennsylvaniaProgram: ITFD

Llobet, Gerard Centro de Estudios Monetarios y Financieros (CEMFI) PhD, University of RochesterProgram: MCMR

López, Cayetano Research Center in Energy, Environment and Technology (CIEMAT) PhD, Universidad Autónoma de MadridProgram: MESI

Lora-Tamayo, Emilio Centro Nacional de Microelectrónica PhD, Universidad Complutense de MadridProgram: MESI

Merino, AnnaUniversitat Pompeu FabraPhD, Universitat Pompeu FabraProgram: MCMR

Moreno, Manuel Universidad de Castilla-La Mancha PhD, Universidad Carlos III de MadridProgram: FIN

Novales, AlfonsoUniversidad Complutense de Madrid PhD, University of MinnesotaProgram: FIN

Nunes, RicardoBoard of Governors, US Federal Reserve SystemPhD, Universitat Pompeu FabraProgram: MPFM

APPENDICES

108

Padilla, Jorge LECG PhD, Oxford UniversityProgram: MCMR

Pascual, RobertoUniversidad de Las Islas Baleares PhD, Universidad Carlos III de MadridProgram: FIN

Pérez, JavierBanco de España / European Central BankPhD, Universidad Complutense de MadridProgram: MPFM

Pérez-Quirós, GabrielBanco de España / European Central BankPhD, University of California, San DiegoProgram: MPFM

Ranci, Pippo Università Cattolica di Milano MA, University of MichiganProgram: MCMR

Reiter, MichaelInstitute of Advanced Studies (Vienna) PhD, University of MunichProgram: MPFM

Rey, Patrick Université de Toulouse PhD, Université de ToulouseProgram: MCMR

Ribas de Pouplana, LluísIRB Barcelona PhD (Biochemistry), University of EdinburghProgram: MESI

Rosell-Melé, Antoni ICREA - Universitat Autònoma de BarcelonaPhD, University of BristolProgram: MESI

Rubio-Ramirez, JuanDuke University PhD, University of MinnesotaProgram: MPFM

Sala-i-Martín, Xavier Columbia University PhD, Harvard UniversityPrograms: ECON, ITFD

Segura, PascualUniversitat de Barcelona PhD, Universitat de BarcelonaProgram: MESI

Sentana, EnriqueCentro de Estudios Monetarios y Financieros (CEMFI) PhD, London School of EconomicsProgram: FIN

Skinner, Jeff University College London PhD, University College LondonProgram: MESI

Telmer, Chris Carnegie Mellon University / Federal Reserve Bank of ClevelandPhD, Queen’s UniversityProgram: MPFM

Torner, Lluís The Institute of Photonic Sciences (ICFO) PhD, Universitat Politécnica de CatalunyaProgram: MESI

Trilla, AntoniPreventive Medicine and Epidemiology, Hospital Clínic MD, Universitat Autònoma de BarcelonaProgram: MESI

Valletti, Tommaso Università di Roma PhD, London School of EconomicsProgram: MCMR

Verboven, Frank Katholieke Universiteit Leuven PhD, University of TorontoProgram: MCMR

Veugelers, Reinhilde Bureau of European Policy Analysis (European Commission) / Katholieke Universiteit LeuvenPhD, Katholieke Universiteit LeuvenProgram: MESI

Vives, Xavier IESE PhD, University of California at BerkeleyProgram: FIN

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APPENDICES

Arenas Moreno, Alex Universitat Rovira i Virgili

Berga Colom, DolorsUniversitat de Girona

Calleja Cortés, PereUniversitat de Barcelona

Calzada Aymerich, JoanUniversitat de Barcelona

Carrión Silvestre, Josep LluísUniversitat de Barcelona

Cassiman, BrunoIESE

Dahm, MatthiasUniversitat Rovira i Virgili

Díaz Serrano, LuisUniversitat Rovira i Virgili

Freixas Bosch, JosepUniversitat Politècnica de Catalunya

García-Montalvo, JoséUniversitat Pompeu Fabra

Goetz, Renan-UlrichUniversitat de Girona

Haro Provinciale, AlexUniversitat de Barcelona

Hromcová Biela, JanaUniversitat de Girona

Iranzo Sancho, SusanaUniversitat Rovira i Virgili

Izquierdo Aznar, Josep MªUniversitat de Barcelona

Jarque Ribera, XavierUniversitat de Barcelona

Llerena Garrés, FrancescUniversitat Rovira i Virgili

Marín Solano, JesúsUniversitat de Barcelona

Navas Ródenes, JorgeUniversitat de Barcelona

Núñez Oliva, MarinaUniversitat de Barcelona

Prior Jiménez, DiegoUniversitat de Barcelona

Rafels Pallarola, CarlesUniversitat de Barcelona

Raurich Puigdevall, XavierUniversitat de Barcelona

Sánchez-Losada, FernandoUniversitat de Barcelona

Solé Ollé, AlbertUniversitat de Barcelona

Sorribas Navarro, PilarUniversitat de Barcelona

Torres Bargalló, RicardUniversitat de Girona

Viladrich Grau, MontserratETSEA, Universitat de Lleida

Vives Torrents, XavierIESE

Alphabetical Listing of External Research Fellows (academics from Catalan institutions who qualify for the Barcelona GSE Recognition of Research Program but are not affiliated professors of the GSE):

External Research Fellows

110

Eduard ValloryDirector-General

Bruno GuallarProgram Development Manager

Clara KirchnerCommunications and External Relations Manager

Lídia PradasBusiness Development and Financial Manager(until May 2011)

Marsel MeeuwsenFinancial and AdministrationManager(from May 2011)

Eva PujolExecutive Assistant to the Director-General

Cristina GarciaAdmissions Coordinator

Kayla MacduffAlumni and Career Placement Coordinator

Jodi NeufeldCommunications Coordinator

Andrea LacambraProgram Coordinator

Carlota ManchonProgram Coordinator

Sira MoraProgram Coordinator

Esther XifréProgram Coordinator

Anna VenturaAssistant to the Chairman

Encarna BretonesAccountant Assistant

Barcelona GSE Team

111

APPENDICES

112

Notes

113

APPENDICES

www.barcelonagse.eu

Annual Report 2010-11 | Barcelona GSE

Education

Transcript of Annual Report 2010-11 | Barcelona GSE