Recent Publications

Vanasco, V., U. Malmendier and D. Pouzo,

"Investor Experiences and Financial Market Dynamics"


Journal of Financial Economics, 2020, 136(3), 597-622

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

R. Billi and J. Galí,

"Gains from Wage Flexibility and the Zero Lower Bound"


Oxford Bulletin of Economics and Statistics, 2020, 82(6), 1239-1261

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

Martin, A., F. Broner and J. Ventura,

"On Public Spending and Economic Unions"


Forthcoming in IMF Economic Review, 2020

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

Asriyan, V.,

"Balance Sheet Channel with Information-Trading Frictions in Secondary Markets"


Forthcoming in The Review of Economic Studies, 2020

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

Debortoli, D.,

"Comments on The Fiscal-Monetary Policy Mix in the Euro Area: Challenges at the Zero Lower Bound"


Forthcoming in Economic Policy, 2020

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

Asriyan, V., W. Fuchs and B. Green,

"Aggregation and Design of Information in Asset Markets with Adverse Selection"


Forthcoming in Journal of Economic Theory, 2020

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

A. P. Behrer, E. L. Glaeser, G. Ponzetto and A. Shleifer,

"Securing Property Rights"


Forthcoming in Journal of Political Economy, 2020

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

Monràs, J.,

"Immigration and Wage Dynamics: Evidence from the Mexican Peso Crisis"


Journal of Political Economy, 2020, 128 (8), 3017-3089

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

Debortoli, D., R. Nunes and P. Yared,

"Optimal Fiscal Policy without Commitment: Revisiting Lucas-Stokey"


Forthcoming in Journal of Political Economy, 2020

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

Martin, A., E. Moral-Benito and T. Schmitz,

"The Financial Transmission of Housing Booms: Evidence from Spain"


Forthcoming in American Economic Review, 2020

Credibility and Learning with Applications to Economic Policy

Instructor: Ramon Marimon
Selected Topics: – Commitment and rational expectations reconsidered: From Friedman’s ‘Program for Monetary Stability’ to the EU Growth and Stability Pact.
– Rules, commitment and sequential decisions. Lessons from recent troubled economies.
– Credibility and learning. Some difficulties with stabilization policies and structural (e.g., social security) reforms.
– The policy maker as a modeler: misspecified policies and self-confirming equilibria.
– Credibility, learning and delegation. Reassessing the EU design framework for fiscal and monetary policy.
Dates: June 16-20
Time: 9:00-11:00 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Topics in International Finance

Instructor: Jaume Ventura
Selected Topics: – Portfolio models of capital flows
– Sovereign debt, default and restructuring
– Asset price bubles and their effects
Dates: June 16-20
Time: 11:30-13:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Monetary Policy, Inflation, and the Business Cycle

Instructor: Jordi Galí
Selected Topics: – A simple framework for monetary policy analysis
– Optimal monetary policy
– Simple monetary policy rules
– Inflation dynamics
– Monetary policy design for open economies
Dates: June 16-20
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros
   

Advanced Methods for Applied Macroeconomics

Instructor: Fabio Canova
Selected Topics: – Review of Solution methods for DGSE
– Topics in Structural VARs identification.
– Structural estimation methods (GMM and Simulation estimators)
– Maximum likelihood and Bayesian estimators of DSGE models
– Calibration, simulation, and model evaluation techniques
Dates: June 16-20
Time: Lectures 17:00-19:00 / Lab. 19.00-20.00 (15 hours)
Maximum Capacity: 100
Price: 500 euros
   

Economic Growth

Instructors: Antonio Ciccone and Xavier Sala-i-Martin
Selected Topics:

– The world distribution of income
– Growth, poverty and inequality
Neoclassical growth theory: background theory and the convergence debate
– Models of endogenous growth and technological change: theory and evidence
– The tragedy of Africa:

  • The Role of AIDS/Malaria, European trade restrictions, and primary goods prices.
  • AIDS, R&D, patents, generics and South Africa
  • Natural resources and corruption: Nigeria as a case study

– The recent growth accounting controversy and economic growth in East Asia
– Empirical determinants of economic growth: robustness tests and millions of regressions increasing over
time?Development accounting
– New evidence on the relationship between growth/development and the personal income distribution at the country level
– Economic policies and growth
– The quantity and quality of human capital and growth
– Quantifying (human capital) externalities
– Institutions and per capita income around the world
– The role of tade and scale for growth

Dates: June 30-July 4
Time: 09:00-11:00 and 11:30-13:30 (20 hours)
Maximum Capacity: 40
Price: 650 euros
   

Optimal Fiscal Policy In Dynamic Models

Instructor: Albert Marcet
Selected Topics: -Formulating models of optimal fiscal policy in equilibrium and uncertainty
– Complete markets
– Incomplete markets
– Capital taxes and inflation
Dates: June 30-July 4
Time: 14:30-16:30 (10 hours)
Maximum Capacity: 35
Price: 350 euros

Fabio Canova

Fabio Canova earned his Ph.D. in Economics at the University of Minnesota in 1989. He has been an Assistant Professor at Brown University and Rochester, an Associate Professor at Brown University and the European University Institute and a Full Professor at the University of Catania, Modena and Pompeu Fabra. He is also part-time professor at the London Business School.

Besides the above places, he has taught courses at various summer schools, CIDE, Prometeia, National Bank of Hungary, Ministry of Finance of Indonesia, IMF, University of Naples, Central European University, Di Tella University, ECB, Bank of England, Univerisity of Porto and Sorbone, UK Treasury and UK Foreign Office among other places.

His research interests include quantitative macroeconomics, monetary theory, international business cycles and macroeconometrics.

He is a Research Fellow at the CEPR and consultant with the Bank of England.

 

Selected publications:

 

  • “Monetary Disturbances Matter for Business Fluctuations in the G-7” (with G. De Nicolo), Journal of Monetary Economics, 2002.
  • “Forecasting and Turning Point Predictions in a Bayesian Panel VAR model” (with M. Ciccarelli), forthcoming Journal of Econometrics
  • “Testing for Convergence Club: A Predictive Density Approach”, forthcoming International Economic Review, 2003.

Antonio Ciccone

Antonio Ciccone earned a MSc in Econometrics and Mathematical Economics at the London School of Economics in 1990 and a PhD in Economics at Stanford University in 1994. He currently teaches at the Universitat Pompeu Fabra. He was an Assistant Professor in the Department of Economics at the University of California, Berkeley for 1994-1999 and a Visiting Professor at UPF for 1994-1996 and 1998-1999.

He is a fellow of the CEPR and member of the editorial board of The Review of Economic Studies. His teaching focuses on advanced macroeconomics, which he taught at Berkeley, Stanford, UPF as well as the European Commission and the European Central Bank. His research interests are in macroeconomics, development economics, and regional economics.

 

Selected publications:

 

  • “Efficiency and Equilibrium with Locally Increasing Aggregate Returns Due to Demand Complementarities,” Econometrica, May 1999 (with Kiminori Matsuyama).
  • “Input Chains and Industrialization,” The Review of Economics Studies, June 2002.
  • “Individual-Specific Uncertainty and Status-Quo Bias: Comment,” American Economic Review, forthcoming.

 

Jordi Galí

Jordi Galí earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1989. He has held academic positions at New York University and Columbia University. Currently he is the director of the Center for Research on International Economics (CREI) and a Professor at Universitat Pompeu Fabra. He is co-director of the International Macroeconomics Programme of the CEPR. He is also a Research Associate at the NBER, and a consultant to the European Central Bank and the Bank of Spain. His research interests include macroeconomic theory, monetary economics, and macroeconometrics.

 

Selected publications:

 

  • “Optimal Monetary Policy in Open vs. Closed Economies: An Integrated Approach,” (with R. Clarida and M. Gertler), American Economic Review, 2001.
  • “Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory”, (with R. Clarida and M. Gertler), Quarterly Journal of Economics, January 2000.
  • “Inflation Dynamics: A Structural Econometric Analysis” (with M. Gertler), Journal of Monetary Economics, 1999.
  • The Science of Monetary Policy: A New Keynesian Perspective,” (with R. Clarida and M. Gertler), Journal of Economic Literature, December 1999

 

Albert Marcet

Albert Marcet graduated in Economics at the Universitat Autònoma de Barcelona (1982) and earned his Ph.D. in Economics at the University of Minnesota (1987).

He is Professor of Economics at the Universitat Pompeu Fabra from its beginning. He has also been professor at Carnegie-Mellon University, Pittsburgh (1986-1992) and has been a visitor at the ECB, London Business School, CEMFI (Madrid), the Federal Reserve Bank of Minneapolis, Institut d’Anàlisi Econòmica and the Universitat Autònoma of Barcelona

His main areas of research are: macroeconomics, fiscal policy, solution methods of dynamic models, financial economics and learning models.

 

Selected publications:

 

  • § “Equilibrium Asset Prices and Savings in a Model with Heterogeneous Agents, Incomplete Markets and Liquidity Constraints”, (joint with K. Singleton), June 1999, Macroeconomic Dynamics.
  • Recurrent Hyperinflations and Learning” (joint with J. P. Nicolini), forthcoming in American Economic Review.
  • “Optimal Taxation without State-Contingent Debt” (joint with R. Aiyagari, T. J. Sargent and J. Seppala) Journal of Political Economy, December 2002.

Ramon Marimon

Ramon Marimon earned his Ph.D. in Economics at Northwestern University 1984. Full professor at the Universitat Pompeu Fabra (since 1990) and at the European University Institute (1994-2000) was previously assistant and associate professor at the University of Minnesota and has been visiting professor at Stanford University, Cambridge University, the Federal Reserve Bank of Minneapolis, the International Monetary Fund and the Santa Fe Institute, among other places.

Co-founder of UPF as Dean and Chair of Economics and Business, was the first director of the Centre de Recerca en Economia Internacional and Secretary of State for Science and Technology in the Spanish Ministry of Science and Technology (2000-2002). Research fellow of the NBER (since 1992) and of the CEPR (since 1993) has been co-editor of the Review of Economic Dynamics and is currently member of the Council of the European Economic Association and vice-president of the Spanish Economic Association.

His research interest include Macroeconomics, Monetary Theory, Labor Theory, Political Economy, Contract Theory, Learning Theory, and Science and Innovation Policy.

Selected publications:

 

  • “Convergence of Monetary Inflation Models with Heterogeneous Learning Rules,” (joint with G. Evans and S. Honkapohja), Macroeconomic Dynamics, 5,1, 1-31. 2001.
  • “Employment and Distributional Effects of Restricting Working Time” (joint with F. Zilibotti), European Economic Review, 44, 1291-1326. 2000.
  • “Computational Methods for the Study of Dynamic Economies” (ed. with A. Scott), Oxford University Press, 1999.

Gilles Saint-Paul

Gilles Saint-Paul earned his Ph.D. in Economics at the Massachusetts Institute of Technology in 1990. He has been a researcher at CERAS and DELTA (Paris) and a fellow of the CEPR since 1991, of which he is programme director since 2001. He has been professor at UPF from 1997 to 2000. He has taught courses at MIT, CEMFI, Université Libre de Bruxelles, Université de Toulouse, UCLA, and the European Commission, among other places. Currently he is a Professor at Université des Sciences Sociales, Toulouse.

His research interests include macroeconomics, labor economics, public finance and political economy.

He is a member of the Council of the European Economic Association, and a member of the Editorial Board of Journal of the European Economic Association, Labour Economics, and Macroeconomic Dynamics.

He is also a member of the French “Commission Economique de la Nation”, an advisory council to the minister of finance.

 

Selected publications:

 

  • “The Political Economy of Employment Protection”, Journal of Political Economy, June 2002
  • “On the Distribution of Income and Worker Assignment under Intra-Firm Spillovers, with an Application to Ideas and Networks”, Journal of Political Economy, 109, 1, 2001, 1-37.
  • The Political Economy of Labour Market Institutions, Oxford U. Press, 2000.

Xavier Sala-i-Martín

Xavier Sala-i-Martin earned his Ph.D. in Economics at Harvard in 1990. Currently he is Professor in the Department of Economics at Columbia University, and a Visiting Professor at UPF. He has been an associate Professor at the Department of Economics at Yale University. He has taught courses at Universitat Pompeu Fabra, Harvard University, New York University, Yale University and the International Monetary Fund, among other places.

His research interests include economic growth, macroeconomics, public finance and social security, health and population economics, and monetary economics.

He is a member of the Board of Editors of the Journal of Economic Growth, Macroeconomics Dynamics, and Economics Letters. He is also a Research Fellow at the CEPR and the NBER a Senior Economic Advisor of the Davos World Economic Forum and a consultant for the World Bank and the International Monetary Fund.

 

Selected publications:

 

  • § Economic Growth, 2nd print MIT Press, Cambridge, MA. 1998 (1st print, McGraw Hill, 1995). With Robert Barro. Second Edition, forthcoming 2003.
  • “Determinants Of Long-Term Growth: A Bayesian Average of Classical Estimates (Bace) Approach” (with Gernot Doppelhoffer and Ronald Miller), American Economic Review, 2003.
  • “Extensive Margins and the demand for money at low interest rates”, Journal of Political Economy, October 2000. With Casey Mulligan.
  • “Health Investment Complementarities under Competing Risks,” American Economic Review¸ December 1999. With Will Dow and Tom Philipson.

 

Jaume Ventura

Jaume Ventura earned his Ph.D. in Economics at Harvard University in 1995. Currently he is Senior Researcher at CREI and Associate Professor at the Massachusetts Institute of Technology. He is also a Faculty Research Fellow at the NBER, a Research Affiliate at the CEPR, and associate editor of the Quarterly Journal of Economics, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Spanish Economic Review, Bepress Journals in Macroeconomics and Moneda y Crédito. He has also taught at the University of Chicago and INSEAD, and served as a consultant for The World Bank and the Inter-American Development Bank. His research interests include international economics and macroeconomics.

 

Selected publications:

 

  • “Current Accounts in Debtor and Creditor Countries” (with A. Kraay), Quarterly Journal of Economics, November 2000.
  • “A Portfolio View of the Current Account Deficit”, Brookings Papers, July 2001.
  • “Trade Integration and Risk Sharing” (with A. Kraay), European Economic Review, June 2002.

Download file

Barcelona receives thousands of visitors, especially in summer.
Please, make your reservations directly as soon as possible.

 

Residence Halls

Residence Hall for Researchers (comfort)
C/Hospital, 64
08001-Barcelona
Tel. (+34) 93 443 8610
Fax. (+34) 93 442 8202
investigadors@resa.es
https://www.resa.es/

 

Residència Universitària “La Ciutadella”
Pg. Pujades, 33-37
Tel. (+34) 902444447
resa@resa.es
https://www.resa.es

 

Residència Universitària Campus del Mar
Passeig Salvat Papasseit, 4
08003 Barcelona
Tel. (+34) 933 904 000
https://www.resa.es

 

Residencias Juevenes-El Campus
C/Mallorca, 191, Pral.
jmpresi@arrakis.es
https://www.arrakis.es/~jmpresi/index.htm

 

APIMEC Residencia Universitaria
C/Bruc, 136
residencia.apimec@caixaterrasa.com
https://www.habitatgejove.com/residen/apimec/default.htm

 

BARCELONAUTA
C/Sardenya, 326-328 entol. 2
bcnauta@comb.es

Hotels

Hotel H10 Marina Barcelona (4*)
Address: Av Bogatell, 64-68
Phone: 933097917 / 933003310 (fax)
Web: https://www.h10.es
E-mail: h10.marina.barcelona@h10.es

 

Hotel Icaria Barcelona (4*)
Address: Av Icària, 195-197
Phone: 932218200 / 932212458 (fax)
Web: https://www.sbhotels.es
E-mail: hotel@icaria.barcelona

 

Hotel Silken Diagonal (4*)
Address: Av. Diagonal, 205
Phone: 934 895 300 / 934 895 309 (fax)
Web: https://www.hoteles-silken.com/hoteles/index2.php?idhotel=19
E-mail: hotel.diagonalbcn@hoteles-silken.com

 

Hotel Glòries (3*)
Address: Padilla, 173 (with Gran Via)
Phone: 932 650 808
Web: https://www.hotelglories.com/
E-mail: reservas@hotelglories.com

 

Hotel Park Hotel (3*)
Address: Av Marquès de l’Argentera, 11
Phone: 933196000 / 933194519 (fax)
E-mail: parkhotel@parkhotelbarcelona.com

 

Hotel Pere IV (3*)
Address: C Pallars, 128*130
Phone: 933 209 650 / 933 009 060 (fax)
Web: https://www.euro-mar.com
E-mail: hotelpereiv@euro-mar.com

 

Hotel Oasis II (2*)
Address: Pla Palau, 17
Telèfon: 933194396 / 933104874 (fax)

 

Hotel Lyon (1*)
Address: C General Castaños, 6
Phone: 933194360 / 933194431 (fax)
Web: https://www.gargallo-hotels.com
E-mail: lyon@gargallo-hotels.com

Useful Links

 

How to get to the city from the airport?

There are several ways:

  • by bus: Aerobus. This bus takes you to and from the airport every 15 minutes with stops at Plaça Catalunya, Passeig deGràcia and Plaça Espanya.
  • by train. RENFE, every 30 minutes with stops at Barcelona Sants, Plaça Catalunya, Arc de Triomf i Clot.
  • Information about public transportation from the Airport to Barcelona
  • by taxi. It can cost from Euros 18 to 24 depending on the day, time, etc.

How to get to the UPF?

      See the Barcelona Subway Map or Information on Barcelona Subway

How to get to CREI (Universitat Pompeu Fabra) from the nearest metro station?

      The nearest metro station is “Ciutadella-Vila Olímpica” and belongs to L4 line (yellow one). When you get the street (Ramon Trias Fargas) you just have to walk up and you will find the university on your left.

For further information you can visit:

Latest News

Board of trustees:

Partnerships: