Annual Report 2010-11 | Barcelona GSE


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Annual report for Academic Year 2010-11 at the Barcelona Graduate School of Economics

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Annual Report 2010-11 | Barcelona GSE

  4. 4. Welcome 11Governance 17Who We Are 25Faculty 31Programs 37Research 61Highlights 81External Relations and Financial Data 93Appendices 101
  5. 5. WELCOME
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  7. 7. WELCOMEWelcome fromJoaquín Almunia,Honorary PresidentThe Barcelona Graduate School of Economics reachesits fifth year in a very delicate moment for world economies,in which Europe is not an exception. In his opening speechat the inaugural ceremony of the GSE, Alan Krueger advisedthat policymakers should draw from all branchesof Economics in their decisionmaking. I would add that thisis the way for Economics to provide the insights showingus how to solve the current crisis.In this context, world-leading institutions like theBarcelona GSE contribute to the rigorous training of youngprofessionals, economic analysts and researchers, thusproviding the skills needed to improve our societies andto tackle the far-reaching challenges we are facing.In half a decade, the Barcelona GSE has grown quicklywithout sacrificing quality. We hope this pattern will continueto characterize the development of this institution and itsacademic community – a community with an enhanced roleto play in the policymaking processes that will lead towardthe much-awaited economic recovery. 11
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  9. 9. WELCOMEMessage from Introduction fromRamon Marimon, Eduard Vallory,Chairman Director-GeneralIn times of crisis, countries, institutions and individuals Both the educational offer and the research activitiesreassess their past decisions, their past investments. of the Barcelona GSE reached new heights during theThe crisis is ruthless with some and puts pressure on all 2010-11 year. The number of students in our masterof these past investments and decisions. It’s time for good programs increased: from 148 to 163, as did the numbergovernance, foresight, and new decisions. of countries represented (increasing from 43 to 51). This year has also seen the consolidation of our masterAt the beginning of the year, Andreu Mas-Colell left the programs offer, and the early development of our continuingchairmanship of the Barcelona GSE to join the Catalan education activities, contributing to training professionalsGovernment, taking responsibility for this assessment, from Europe and all over the world. The support of theas Minister of Economy and Knowledge. Having been part institutions providing scholarships has been, once again,of the Barcelona GSE project since its inception, and member crucial to our success in attracting top bright students.of its board, I was happy to accept the challenge of replacinghim, for one main reason: it was a great decision to create On the research side, RePEc has ranked the Barcelonathe Barcelona GSE, as a joint venture of public academic GSE among the 10 top economics departments worldwide,institutions and private partners, to strengthen excellence and we have increased to 9 the number of Europeanin economic research and graduate studies through the Research Council grants among our faculty, the highestscientific cooperation of four well-established groups. of all economics institutions. Likewise, the research Endowment reached 13 million euros, helping the attractionThanks to the effort of these researchers in the Barcelona and retention of top scholars. Finally, this year the GSEarea, the public and private financial support, the leadership has changed its Chairman for the first time, with Prof. Ramonof our Board, the guidance of our Scientific Council, and the Marimon now heading the institution at this determinanteveryday work of the Barcelona GSE staff, we arrive to our stage of its consolidation.fifth anniversary with significant improvement in student intake,scientific impact, and institutional development. Although itis not for me to assess, I think we not only pass the crisis-test,but we should also fulfill Joaquín Almunia’s post-crisis highexpectations. 13
  10. 10. GOVERNANCE
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  12. 12. GOVERNANCEBoard of TrusteesMr. Joaquín Almunia (Honorary President), Vice President of the European Commission and Competition CommissionerProf. Andreu Mas-Colell (Chairman), Professor at Universitat Pompeu Fabra (through December 2010)Prof. Ramon Marimon (Chairman from February 2011), Professor at European University Institute and Universitat Pompeu FabraProf. Josep-Joan Moreso, Rector of Universitat Pompeu FabraProf. Ana Ripoll, Rector of Universitat Autònoma de BarcelonaProf. Rafael Rodrigo, President of the Spanish Research Council (CSIC)Prof. Joan Majó (through December 2010) / Mr. Antoni Castellà (from January 2011),President of the Center for Research in International Economics (CREI )Prof. Pol Antràs, Professor at Harvard UniversityProf. Manuel Arellano, Professor at Center for Monetary and Financial Studies (CEMFI)Prof. Antonio Cabrales, Professor at Universidad Carlos IIIProf. Joaquim Silvestre, Professor at University of California-DavisMr. Angel Simon, President of Agbar GroupMr. Javier de Agustín, CEO of AXA Seguros EspañaDr. Josep Oliu, President of Banc SabadellDr. Narcís Serra (through January 2011) / Mr. Manel Rosell (from February 2011),President of CatalunyaCaixaProf. Jordi Gual, Chief Economist of ”la Caixa”Mr. Lluís Rullan, Board of FemCAT FoundationMr. Andreu Morillas, Secretary of Economy of the Ministry of Economy and Finance,Government of Catalonia (through December 2010)Prof. Andreu Mas-Colell, Minister of Economy and Knowledge,Government of Catalonia (from January 2011)Mr. Jordi William Carnes, Deputy Mayor, Barcelona City CouncilProf. Paulina Beato, Representative of Barcelona GSE Alumni & FriendsDirector General: Dr. Eduard Vallory 17
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  14. 14. GOVERNANCEScientific CouncilProf. Hugo Sonnenschein (Chairman), University of ChicagoProf. Daron Acemoglu, Massachusetts Institute of TechnologyProf. Kenneth J. Arrow, Stanford UniversityProf. Orley Ashenfelter, Princeton UniversityProf. Jürgen Basedow, Max-Planck-InstitutProf. Richard Blundell, University College LondonProf. Robert D. Cooter, University of California, BerkeleyProf. Mathias Dewatripont, Université Libre de BruxellesProf. Jacques Drèze, Université Catholique de LouvainProf. Raquel Fernández, New York UniversityProf. Oliver Hart, Harvard UniversityProf. James J. Heckman, University of ChicagoProf. Bengt Holmstrom, Massachusetts Institute of TechnologyProf. Matthew O. Jackson, Stanford UniversityProf. Daniel Kahneman, Princeton UniversityProf. Timothy Kehoe, University of MinnesotaProf. Anne Krueger, SAIS, Johns Hopkins UniversityProf. Robert Lucas, University of ChicagoProf. Charles F. Manski, Northwestern UniversityProf. José María Maravall, CEACS, MadridProf. James A. Mirrlees, Cambridge UniversityProf. Juan Pablo Nicolini, Universidad Torcuato di TellaProf. Aloisio Pessoa de Araújo, IMPA i Fundaçao Getulio VargasProf. Robert C. Post, Yale Law SchoolProf. Edward C. Prescott, Arizona State UniversityProf. John Roberts, Stanford UniversityProf. Thomas J. Sargent, New York UniversityProf. Reinhard Selten, Universität BonnProf. Christopher A. Sims, Princeton UniversityProf. Robert M. Solow, Massachusetts Institute of TechnologyProf. Joseph E. Stiglitz, Columbia UniversityProf. Fabrizio Zilibotti, Universität Zürich 19
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  16. 16. GOVERNANCEAcademic Program CouncilProf. Massimo Motta (ICREA-UPF and Barcelona GSE), DeanProf. Antoni Bosch-Domènech (UPF and Barcelona GSE)Prof. Jordi Caballé (UAB and Barcelona GSE)Prof. Teresa Garcia-Milà (UPF and Barcelona GSE)Prof. Robin Hogarth (UPF and Barcelona GSE)Prof. Inés Macho-Stadler (UAB and Barcelona GSE)Prof. Evi Pappa (UAB and Barcelona GSE)Prof. Clara Ponsatí (IAE and Barcelona GSE)Prof. Jaume Ventura (CREI-UPF and Barcelona GSE)Research CommitteeProf. Omar Licandro (IAE and Barcelona GSE), Research DirectorProf. Antoni Bosch-DomènechChair of the Department of Economics and Business at Universitat Pompeu Fabra (UPF)Prof. Jordi CaballéChair of the Department of Economics and Economic History at Universitat Autònoma de Barcelona (UAB)Prof. Jordi GalíDirector of the Center for Research in International Economics (CREI)Prof. Clara PonsatíDirector of the Institute for Economic Analysis (IAE-CSIC) 21
  17. 17. WHO WE ARE
  18. 18. WHO WE AREA reputation for teachingand research excellenceThe Barcelona Graduate School of Economicsis a Research University Institute attached to theUPF and the UAB. As such, the School promoteshigh-level research in Economics and offersgraduate programs in Economics and related fields,which are taught in English by leading internationalscholars and practitioners.Located in Barcelona, Catalonia-Spain, the School was The Barcelona GSE is situated at two campuses:launched in summer 2006 as a culmination of the many years Ciutadella (shared by UPF and CREI) and Bellaterra (shared by UAB and IAE-CSIC).of scientific cooperation of four high-caliber groups that arenow its academic bodies:The Department of Economics andBusiness at Universitat Pompeu Fabra (UPF)The Unit of Economic Analysis atUniversitat Autònoma de BarcelonaThe Institute for Economic Analysisof the Spanish Research Council (IAE-CSIC)The Center for Researchin International Economics (CREI)Thanks to the renowned faculty and support of these well-established academic bodies, the Barcelona GSE enjoysa strong reputation for teaching and research excellence.24
  19. 19. WHO WE ARE Programs of Study Research Activities· Master Programs · Barcelona GSE Lectures Rigorous one-year, full-time master programs that prepare These lectures bring some of the world’s most distinguished students for doctoral study and provide robust training for economists to Barcelona to present their latest research to top jobs in economics and finance-related professions the Barcelona economics community.· Summer Schools · GSE Research Recognition Program Short courses addressed to researchers, professionals and This program rewards the impressive research efforts, graduate students who want to improve their competences expressed in publications in leading journals, undertaken in specific fields of knowledge by economists affiliated with Catalan institutions.· Continuing Education · Calvó-Armengol International Prize in Economics Intensive, targeted programs for executives, professionals, Awarded every two years to a top researcher in economics and academics or social sciences younger than 40 years old for his or her contribution to the theory and comprehension of the· Reference PhD Programs mechanisms of social interaction. Graduate education at the Barcelona GSE rests upon two renowned international reference PhD programs in · Community Seminar Series and Conferences economics: GPEFM at Universitat Pompeu Fabra and IDEA The School’s four academic bodies plan a full calendar of at Universitat Autònoma de Barcelona. regularly occurring seminars, workshops, and conferences featuring internationally renowned academics, practitioners, Detailed information about Barcelona GSE programs begins and experts from institutions around the world. on page 37. · Annual Barcelona GSE “Trobada” A full-day academic gathering held each fall that includes research presentations and a roundtable discussion of a current issue in economics. Detailed information about Barcelona GSE community research activities begins on page 61. 25
  20. 20. Governing BodiesBOARD OF TRUSTEES SCIENTIFIC COUNCILThe Barcelona GSE is governed by a Board of Trustees Thirty-two internationally known academics, including ninecomprised of representatives of its academic institutions Nobel Economics Laureates, compose the Barcelona GSE(UPF, UAB, CSIC and CREI), private institutions (Agbar Scientific Council. This body was established to push theGroup, AXA Research Fund, Banc Sabadell, Catalunya Caixa School toward excellence in both graduate education andSavings Bank, ”la Caixa” Savings Bank, and the FemCAT research. The Council works to ensure the quality of theFoundation) and public institutions (the Ministry of Economy academic programs and the research performance of theand Knowledge of the Government of Catalonia and the School, and helps forge and enhance relationships betweenBarcelona City Council), as well as several distinguished the School and the wider academic community.academics in the field of Economics. The Board’s HonoraryPresident is Joaquín Almunia, Vice President of the European The Council is chaired by Prof. Hugo Sonnenschein, PresidentCommission and European Competition Commissioner. Emeritus of the University of Chicago, and Adam Smith Distinguished Service Professor of Economics at this university.The Board of Trustees is responsible for the overall direction The Council holds an official biannual meeting for the purposeof the School. It guides the School and draws up the rules of conducting a rigorous analysis of the institutional identitygoverning its activities. It adopts the budget and appoints of the School, the characteristics of its master programs andthe Honorary President, the Chairman, the Director-General, reference doctoral programs, and of the GSE communitythe Dean, the Scientific Council, and the Academic Program research activities. In the interim between meetings, manyCouncil. The Board meets annually in the fall. members are involved in initiatives and events of the School.A full listing of Board members can be found on page 17. A full listing of Scientific Council members can be found on page 19. ¿Habrá un pie de foto?26
  21. 21. WHO WE ARE Financial SupportACADEMIC PROGRAM COUNCIL AN INNOVATIVE PUBLIC-PRIVATE PARTNERSHIPThe Academic Program Council is the organ that The Barcelona GSE is the fruit of an innovative formula inacademically validates the Barcelona GSE’s master higher education: a true partnership of public and privateprograms and follows their development, as well as dealing institutions. This distinctive formula brings together thewith the academic affairs of the School. It is composed of dedication to public service of the academic bodies and theGSE Affiliated Professors and chaired by the Dean of the social commitment of the private partners. The public andSchool, Prof. Massimo Motta. private partners collaborate in the governance of the School.A full listing of Academic Program Council members The Barcelona GSE is financially supported by:can be found on page 21. Private Institutions:RESEARCH COMMITTEEThe Barcelona GSE Research Committee leads anddevelops the research policy of the School. Its members arethe heads of the four academic bodies and chaired by theBarcelona GSE Research Director, Prof. Omar Licandro.A full listing of Research Committee members can Public Institutions:be found on page 21. Consolider-Ingenio 2010: A grant obtained through the competitive “Consolider-Ingenio 2010” initiative of the Spanish Government, launched to promote research excellence. Other public and private partners of the Barcelona GSE also offer full and partial scholarships to students. Full information about the scholarships can be found in the “Scholarship Sponsors” section (page 93). 27
  23. 23. FACULTYAffiliated Professors149 Affiliated Professors from 22 countries (2010-11),44% international, 81% hold PhDs from outside SpainThe Barcelona GSE is proud to have top economists and researchers amongits Affiliated Professors, a group of 149 academics with PhDs in economicsand related fields and with tenure or tenure-track positions at the four foundingacademic bodies of the School.Among the Barcelona GSE Affiliated Professors there are Fellows of theEconometric Society, Fellows of the European Economic Association, ResearchFellows of the Center for Economic Policy and Research (CEPR), and ResearchFellows of CESifo. They publish in the leading journals of economics and manyof the top journals of the different subfields of the discipline. They also serve ascoeditors and associate editors of these journals.A full list of 2010-11 GSE Affiliated Professors can be found on page 100.Guest ProfessorsWhile affiliated professors make up the core of the School’s faculty,the Barcelona GSE also invites academics from other universities as wellas practitioners in economics and related fields to teach in its programs.They bring the right combination of scholarship and practical experienceto the classroom. In the past academic year there were more than 60guest professors at the Barcelona GSE.A full list of 2010-11 GSE Guest Professors can be found on page 106.30
  24. 24. FACULTY “The core of the School is composed of world - class economists who could be in any other center of economics in the world, but have chosen Catalonia, specifically Barcelona, as their base.” Prof. Robert Solow (MIT) Nobel Prize Laureate Barcelona GSE Scientific Council MemberCountries where Affiliated Professors obtained their PhDs Universities with the most PhDs among GSE affiliated professors:18 3 1 1 2UK Netherlands Hungary Germany Sweden London School of Economics: 10 University of Minnesota: 9 European University Institute: 8 Harvard University: 8 Universitat Autònoma de Barcelona: 7 University of Pennsylvania: 7 Northwestern University: 6 Universitat Pompeu Fabra: 668 5 29 10 9 2United States Belgium Spain France Italy Switzerland 19 Catalonia 10 Rest of Spain 31
  25. 25. Awards & Honors for GSE FacultyEUROPEAN RESEARCH COUNCIL (ERC) GRANTS GREGORY LUEBBERT BEST ARTICLE PRIZEThe European Research Council (ERC) was launched in Prof. Laia Balcells (IAE and Barcelona GSE) has beenJanuary 2007 with a seven-year, 7.5 billion euro budget and awarded the 2011 Gregory Luebbert Best Article Prizea mandate to award frontier research grants solely on the basis together with Stathis N. Kalyvas for their article “Internationalof excellence, as judged by panels of scientific peers. These System and Technologies of Rebellion: How the End of thegrants have quickly become indicators of world-class research. Cold War Shaped Internal Conflict.” American Political ScienceTo date, nine Barcelona GSE affiliated professors have Review 104: 3, 415-429.been selected to join this “Champions League” of Europeanscientific research. HARRY FRANK GUGGENHEIM FOUNDATION RESEARCH GRANT ADVANCED GRANTS Prof. Laia Balcells (IAE and Barcelona GSE) has been Funding for cutting-edge research by the very awarded this selective grant that funds research that can best established research leaders in Europe. increase understanding and amelioration of urgent problems of violence and aggression in the modern world. Prof. Balcells Prof. Jordi Galí (CREI and Barcelona GSE) will use the grant to support her work on the “Dynamics of Prof. Jaume Ventura (CREI and Barcelona GSE) Violence in Conventional Civil Wars.” Prof. Joachim Voth (ICREA-UPF, CREI and Barcelona GSE) BANCO HERRERO PRIZE Prof. Marta Reynal-Querol (ICREA-UPF and Barcelona ERC STARTING GRANTS GSE) has been named the tenth recipient of the prestigious Support early-career top research leaders Banco Herrero Prize. The prize is awarded once a year who are consolidating an independent research and recognizes a researcher under 40 years old who has career in Europe. outstanding research accomplishments in the fields of Economics and the social sciences. Prof. Fernando Broner (CREI and Barcelona GSE) Prof. Jan Eeckhout (ICREA-UPF and Barcelona GSE) Prof. Reynal-Querol earned this distinction for her Prof. Gino Gancia (CREI and Barcelona GSE) cutting-edge, innovative research on economics, ethnic Prof. Nicola Gennaioli (CREI and Barcelona GSE) diversity, and civil strife, which has been published in the Prof. Nezih Guner (ICREA-UAB and Barcelona GSE) most relevant economic journals and has received a high Prof. Marta Reynal-Querol (ICREA-UPF and Barcelona GSE) number of citations. Past recipients of the Prize include Prof. Xavier Sala-i-Martin (Columbia University), Prof. Luis Garicano (London School of Economics), and Prof. Pol Antràs (Harvard University).32
  26. 26. FACULTYRAMON ARECES FOUNDATION GRANT ICREA RESEARCH PROFESSORSProf. Marta Reynal-Querol (ICREA-UPF and Barcelona ICREA, the Catalan Institution for Research and AdvancedGSE) has been awarded a grant from the Ramón Areces Studies, is a publicly funded foundation designed to attractFoundation for young researchers. These grants are and retain talent in Catalonia. The institution is highly selective,awarded annually to support advancements in the operating through competitive international calls and veryunderstanding of technological, economic and social rigorous external evaluation of candidates.underpinnings of globalization. Presently in its tenth year of operation, ICREA has hired more than 260 researchers in a variety of fields, with 29 NEW LEADERSHIP APPOINTMENTS researchers in the social sciences. Nearly half of ICREA’s social sciences researchers are Barcelona GSE affiliated faculty. Prof. Albert Carreras (UPF and Barcelona GSE) President of the European Business History Association MINISTRY OF SCIENCE AND INNOVATION (EBHA), 2010-2011 FELLOWSHIPS Prof. Joan M. Esteban (IAE and Barcelona GSE) More than 20 Barcelona GSE affiliated professors have Secretary General of the International Economic received the prestigious Ramón y Cajal or Juan de la Cierva Association (2011-2017) Fellowships, established in 2001 by the Spanish government. Both programs aim to attract and retain promising scholars Prof. Jordi Galí (CREI-UPF and Barcelona GSE) to conduct their research at universities and public and private President Elect of the European Economic Association non-profit R&D centers throughout Spain. Prof. Guillem López-Casasnovas In 2010, Prof. Rosario Crinò (IAE and Barcelona GSE) (UPF and Barcelona GSE) became the latest Barcelona GSE Affiliated Professor to Advisor to the World Health Organization (WHO) receive the Juan de la Cierva Fellowship. Prof. Ramon Marimon (EUI, UPF and Barcelona GSE) President Elect of the Society for Economic Dynamics Prof. Pau Olivella (UAB and Barcelona GSE) Member of the Editorial Board of the Encyclopedia of Health Economics Prof. Marta Reynal-Querol (ICREA-UPF and Barcelona GSE) Council Member of the European Economic Association (EEA), 2011-2015 33
  27. 27. PROGRAMS
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  29. 29. PROGRAMSREMARKS FROM MASSIMO MOTTA,DEAN OF THE BARCELONA GSEMonetary policy. Immigration. Energy. Public health. As formerAssistant Secretary for Economic Policy and Chief Economistat the U.S. Treasury Department Alan Krueger told GSEstudents at this year’s opening lecture, it is doubtful that theseissues will be resolved without the active involvement of trainedeconomists, both in the academic and professional spheres.Graduate education at the Barcelona GSE aims to providethe tools and training needed to perform deep and meaningfulanalysis through an economic lens. The School’s academicoffer includes one-year master programs, short summerschools, and intensive continuing education courses. Eachprogram is designed and directed by expert faculty with a trackrecord of personal achievement in their fields and a portfolioof successful students who have gone on to amaze us withtheir own accomplishments.Recent graduates, young professionals, aspiring doctoralcandidates, researchers, experienced economists andtop-level executives and policymakers use Barcelona GSEprograms as a springboard to propel them in the direction oftheir individual career goals. It is our job to inspire the energyand confidence our students will need to make that leap. 37
  30. 30. PROGRAMS Barcelona GSE Master Programs The Barcelona GSE offered six master programs PROGRAM STRUCTURE in the 2010-11 academic year. Barcelona GSE master degrees are full-time, nine-month programs structured in three terms: fall (September- December), winter (January-March), and spring (April-June).· Competition and Market Regulation The programs require the successful completion of 60 ECTS· Economics (European Credit Transfer System) credits of graduate courses some compulsory and some elective.· Economics of Science and Innovation· Finance DEGREE Graduates of the Economics Program and Finance· International Trade, Finance and Development Program receive the Master Degree in Economics and Finance,· Macroeconomic Policy and Financial Markets awarded by UPF. All programs are taught entirely in English and are Graduates of the Competition and Market Regulation, grounded in rigorous and challenging academics. Economics of Science and Innovation, International Trade, The master programs are guided by the Barcelona Finance, and Development, and Macroeconomic Policy GSE Academic Program Council, the advisory organ and Financial Markets programs receive the Master Degree that academically validates the master programs and in Specialized Economic Analysis, awarded jointly follows their development. It is composed of GSE by UPF and UAB. Affiliated Professors and directed by the Dean of the School, Prof. Massimo Motta. METHODOLOGY The Barcelona GSE classroom experience features lectures and seminars. Seminars provide students with the opportunity to share ideas and experiences as well as to challenge each other with differing points of view. They also give students greater access to their professors, who make a constant effort to be available to answer questions and offer guidance outside of class. The academic performance of each student is reviewed regularly. Attention is given to the maintenance of normal academic progress through a combination of formal written examinations and coursework. All students complete a master project in the spring term. 38
  31. 31. PROGRAMSStudent Profile (2010 -11)88% INTERNATIONAL STUDENT BODY, All 51 countries by region51 NATIONALITIES REPRESENTED Europe Russia North America Armenia Serbia and CanadaBarcelona GSE students are characterized Austria Montenegro Mexicoby their outstanding academic backgrounds Belgium Slovenia United Statesand their commitment to excel in graduate Bulgaria Spainstudies. The School is 88% international, with Croatia Sweden Asia, Africa,an enriching mixture of cultural perspectives Czech Republic Switzerland Oceaniaand a multitude of experiences that offers Estonia United Kingdom Afghanistana learning experience unto itself. Finland China France Central and IndiaIntake of students: 163 Germany South America IranNationalities: 51 Hungary Argentina JapanAverage age: 25 years old Iceland Bolivia LebanonGender: 34% Women, 66% Men Ireland Brazil Philippines Italy Chile South Africa 3% Academic Background Latvia Colombia Turkey 9% Economics and Finance: 68% Lithuania Ecuador Vietnam 10% Management and Business Luxembourg Guatemala 10% Administration: 10% Netherlands Peru 68% Social Sciences / Law: 10% Poland Uruguay Mathematics and Engineering: 9% Portugal Venezuela Sciences: 3% RomaniaCountries with the most students Growth of student intake since 2007 160 163 148 120 126 # of students 80 87 40 0 2007-08 2008-09 2009-10 2010-117 6 7 7 20 17 23 6United Mexico Peru Brazil Spain Italy Germany India Academic yearsStates 10 Catalonia 10 Rest of Spain 39
  32. 32. Competition and Market RegulationProf. Juan José Ganuza Competition and Market RegulationProgram Director As competition policy becomes increasingly relevant in both the public and private sectors, there is a great need for professionals prepared to address market regulation issues. The highly practical focus of the program assures that students graduate with sound job prospects in their chosen field and an advanced understanding of the interaction between economic theory and practice. Context for the academic coursework is provided by the Regulation and Competition Seminar Series, which brings specialists at the forefront of their field to present their research in a rigorous but non-technical manner. In addition to giving students a variety of perspectives on regulatory issues, it also gives them an opportunity to network with top professionals in the industry.STUDENT PROFILE2010-11 Nationalities Years of Work Experience Prior to Master Program 6% 6% Europe (non-Spanish): 53% 12% Central and South America: 23% 8 7 Spain: 12% 53% # of students 6 23% Asia, Africa, Oceania: 6% 5 North America: 6% 4 3 2 1 0 Academic Background 0 0-1 1-2 2-3 3-4 4-5 5 or more 18% Economics and Finance: 82% # of years Management and Business Administration: 18% 82%40
  33. 33. PROGRAMSEconomicsProf. Antonio Ciccone EconomicsProgram Director The Economics Program provides rigorous training in economics. It aims to endow students with a deep understanding of the field and a powerful set of analytical tools. Students who complete the program will have acquired an excellent grounding in their field and the analytical skills required for a technically demanding job or admission to the most prestigious doctoral programs. Each year, up to 20% of students in the program continue their studies in one of the highly selective reference doctoral programs of the Barcelona GSE, GPEFM of UPF or IDEA of UAB.STUDENT PROFILE2010-11 Nationalities Years of Work Experience Prior to Master Program 10% Europe (non-Spanish): 59% 60 59% 10% Spain: 13% Central and South America: 10% 50 8% # of students North America: 10% 40 13% Asia, Africa, Oceania: 8% 30 20 10 2% Academic Background 2% 0 4% Economics and Finance: 88% 0 0-1 1-2 2-3 3-4 4-5 5 or more 4% # of years Mathematics and Engineering: 4% Social Sciences / Law: 4% Management and Business 88% Administration: 2% Sciences: 2% 41
  34. 34. Economics of Science and InnovationProf. David Pérez-Castrillo Prof. Salvador Barberà Economics of Science and InnovationProgram Director Scientific Director The Economics of Science and Innovation Program examines the economic challenges faced by science and technology, the anticipated difficulties, and offers solutions while considering the timing of the foreseeable transfer process from basic research results to applications. Students will be able to make realistic assessments of the perspectives generated by each development, its potential economic impact, the obstacles it presents, and its sources of support. Graduates have gone on to pursue management careers in research centers, innovative firms, public administrations and intermediate institutions geared toward promoting research and development activities.STUDENT PROFILE2010-11 Nationalities Years of Work Experience Prior to Master Program 11% Europe (non-Spanish): 28% 28% Asia, Africa, Oceania: 22% 6 17% Central and South America: 22% 5 # of students Spain: 17% 4 22% 22% North America: 11% 3 2 1 0 Academic Background 0 0-1 1-2 2-3 3-4 4-5 5 or more 11% Mathematics and Engineering: 39% # of years 16% Management and Business 39% Administration: 17% 17% Sciences: 17% Economics and Finance: 16% 17% Social Sciences / Law: 11%42
  35. 35. PROGRAMSFinanceProf. Javier Gil-Bazo Prof. Xavier Freixas FinanceProgram Director Scientific Director The Finance Program provides strong training in the tools of financial economics sought by financial institutions, companies and public organizations. It combines a rigorous academic core with tailored practical application, designed in consultation with leading financial experts. Former students are employed at top investment banks, financial consultancies, and government finance ministries. Many have gone on to pursue doctoral research in financial economics at prestigious EU and US universities. Classroom study is complimented with specially- organized Financial Institution Seminars, during which students have the opportunity to meet professionals from top financial institutions. Seminars cover areas such as Hedge Funds, Venture Captital, Central Banks Reserve Management, andSTUDENT PROFILE Investment Banking.2010-11 Nationalities Years of Work Experience Prior to Master Program 10% Europe (non-Spanish): 38% 14% Central and South America: 24% 9 38% 8 Asia, Africa, Oceania: 14% 7 14% # of students Spain: 14% 6 North America: 10% 5 24% 4 3 2 1 0 5% Academic Background 0 0-1 1-2 2-3 3-4 4-5 5 or more 13% Economics and Finance: 62% # of years Management and Business Administration: 19% 26% 62% Mathematics and Engineering: 14% Social Sciences / Law: 5% 43
  36. 36. International Trade, Finance and DevelopmentProf. Hans-Joachim Voth Prof. Fernando Broner International Trade, Finance and DevelopmentProgram Director Prof. Antonio Ciccone The International Trade, Finance, and Development program Prof. Jaume Ventura combines rigorous analytical training with a strong focus on policy. Steering Committee Policy courses draw a connection between economic analysis and real-life situations in which the professors have expert knowledge, whether it is in reshaping policy, devising trading strategies, or helping children in Africa. In the spring term, leading policy specialists from international organizations, NGOs, or private corporations join the program faculty to lead a series of policy courses that provide a real-world perspective on topics covered in class. Graduates are will be well equipped for employment in development organizations, NGOs, government agencies, central banks, multinational firms, and investment banks.STUDENT PROFILE2010-11 8% Nationalities Years of Work Experience Prior to Master Program 8% Europe (non-Spanish): 47% 12 11% Central and South America: 26% 47% Asia, Africa, Oceania: 11% 10 # of students North America: 8% 8 26% Spain: 8% 6 4 2 0 5% Academic Background 0 0-1 1-2 2-3 3-4 4-5 5 or more 11% Economics and Finance: 66% # of years Social Sciences: 18%18% Management and Business 66% Administration: 11% Mathematics and Engineering: 5%44
  37. 37. PROGRAMSMacroeconomic Policy and Financial MarketsProf. Francesc Obiols Prof. Albert Marcet Macroeconomic Policy and Financial MarketsProgram Director Scientific Director The Macroeconomic Policy and Financial Markets Program is a professionally-oriented master program designed not only to equip students with a comprehensive understanding of the dynamics affecting financial policy, but also to train them to use breakthrough analytical tools to assess the environment prior to making decisions. Graduates are prepared for immediate employment in government institutions, central banks, investment banks, financial and development agencies, and consulting firms.STUDENT PROFILE2010-11 Nationalities Years of Work Experience Prior to Master Program 12% Europe (non-Spanish): 64% 7 12% Asia, Africa, Oceania: 12% Central and South America: 12% 612% # of students 64% Spain: 12% 5 4 3 2 1 0 6% Academic Background 0 0-1 1-2 2-3 3-4 4-5 5 or more 12% Economics and Finance: 59% # of years Social Sciences / Law: 23% 59% Management and Business 23% Administration: 12% Mathematics and Engineering: 6% 45
  38. 38. Alumni PlacementBarcelona GSE alumni pursue a variety of professional PROFESSIONAL PLACEMENTSand academic career paths after graduation. Those entering Authorities / Government Agenciesthe work force apply their rigorous training in positions with · European Commissiongovernment agencies and authorities, banks, consulting · Superintendence of Banking, Insurancefirms, international organizations, research foundations, and Pension Fund in Peruand leading companies in the private sector. · Swedish Competition AuthorityMany GSE graduates who choose to continue on with Bankingdoctoral study do so in one of the reference doctoral · Banc Sabadellprograms of the GSE, the GPEFM at UPF or the IDEA · Banco Santanderprogram at UAB. Some alumni have been accepted to other · Bank of Braziltop institutions throughout Europe and the United States, · Bank of Chilesuch as European University Institute, London School · Bank of Englandof Economics, and Wharton School of Business. · Bank of Latvia · Bank of Mexico · Bank of Vietnam · Citigroup · European Central Bank · “La Caixa” Savings Bank Consulting Firms · Accenture · Boston Consulting Group · Brunswick Group · Deloitte · LECGX Pau Agulló · OXERA Consulting Director · PricewaterhouseCoopers Neo Metrics (Barcelona) International Organizations“The GSE graduates that we have hired · Finpro · German Society for International Cooperation (GIZ) in the past have been working out · Organisation for Economic Co-operation excellently from day one in our company, and Development (OECD) · Procredit Group and that is why we come back year after · World Bank year for our recruiting efforts.” · World Trade Organization 46
  39. 39. PROGRAMS Private Sector RECRUITING EVENTS · Arkas Holding This year the Barcelona GSE held several recruiting · Chargebox events on campus that put students in direct· LEAR contact with representatives from top companies· Procter & Gamble and doctoral programs: Research Foundations/Institutes Companies· Harvard University · Bank of Spain· IESE Business School · Bax & Willems Consulting· University of Toronto · Frontier Economics · “la Caixa” Savings Bank · LECG · Neo Metrics Consulting DOCTORAL PROGRAM PLACEMENTS · OXERA Europe· ICADE School of Business and Economics PhD programs:· IFO Research Institute · European University Institute· INCAE Business School · Universitat Autònoma de Barcelona· London School of Economics · Universitat Pompeu Fabra· Swiss Finance Institute· Universitat de Barcelona· Universitat Pompeu Fabra· University of Bologna ALUMNI NETWORK· University of Mannheim The School began developing an Alumni Network· University of Zurich in early 2009 to foster continued interaction and· University Rovira i Virgili professional contact with alumni. The objective of · Vienna Graduate School of Economics this initiative is to provide a platform for graduates to network and to exchange professional best- United States practices, job opportunities, and advice.· Harvard University· Johns Hopkins University GSE Alumni Network Features· New York University · Exclusive Alumni Directory· Northwestern University · Access to Job Postings· Stanford University · Membership in LinkedIn Community· University of Rochester · Tools for Recruiters 47
  40. 40. Reference Doctoral ProgramsGraduate education at the Barcelona GSE rests upon Graduate Program in Economics,the foundations of two renowned international reference Finance and Management (GPEFM)doctoral programs: the GPEFM at UPF and the IDEAat UAB. Offered by the Department of Economics and Business of the UPF, GPEFM has awarded more than 180 PhD degrees sinceThese two programs, both ranked in the top 15 in Europe, it was launched in 1993. GPEFM is a partner in the Europeanhelp impel the substantial research activity of the academic Doctoral Program (EDP) in Quantitative Economics, a jointcommunity. The majority of Barcelona GSE affiliated faculty initiative with five other top European economics departments.are involved with the reference PhD programs, reinforcing teaching excellence of the School.Some students in the Barcelona GSE master programs International Doctorateaspire to continue their studies in a top level PhD program. in Economic Analysis (IDEA)Many of these students seek admission into the referencePhD programs of the Barcelona GSE. In the Class of 2010- IDEA is offered by the Unit of Economic Analysis of the UAB.11, 12 GSE master program graduates entered the second Since its launch in 1991, it has awarded 150 PhD degrees.year of the official master that precedes entry into the IDEA is part of the European Network for Training in Economicprograms. Research (ENTER), a network of doctoral programs with seven other leading European economics departments. idea.uab.cat48
  41. 41. PROGRAMS Countries of Origin of 2010-11 GPEFM and IDEA Students: Argentina Ecuador Morocco Slovenia Austria France Netherlands Spain Belgium Germany Peru Thailand Bolivia India Poland Turkey Bulgaria Italy Portugal Ukraine China Malaysia Russia Uruguay Croatia Mexico Serbia VenezuelaOverview of Programs Program Number of Students Number of PhDs awarded in the 2010-11 academic year GPEFM 59 14 IDEA 70 5 49
  42. 42. Barcelona GSE Summer ProgramsBANKING, LABOR ECONOMICS, AND MICROECONOMETRICS SUMMER SCHOOLTotal Attendance: Banking 2011:257 participants from 41 countries 60 participants from 20 countriesIn June and July 2011, the Barcelona GSE offered three short Directors: Prof. Xavier Freixas (UPF and Barcelona GSE)summer school programs geared toward professionals and and Prof. Moshe Kim (University of Haifa)academics. The programs provide a diverse range of courses The Banking Summer School offers a variety of coursestaught by renowned academics and leading practitioners. taught by recognized experts in their fields covering recentEach course lasts one week, and participants may combine developments in different areas of banking, includingcourses from one or more of the programs to build a summer theoretical and empirical aspects of banking, bankingschool experience tailored to their individual goals. regulation and supervision, financial markets and payments systems. A call for papers gave students the chance toWhile the international student body comes from a variety present their own research.of educational backgrounds, the majority are professionalsholding at least a master degree, with a considerable number Labor Economics 2011:also holding PhDs. 61 participants from 21 countries Director: Prof. Maia Güell (University of Edinburgh, UPF (onThis year, 16 participants from the 2010 edition of Barcelona leave), and Barcelona GSE)GSE Summer Schools returned to build on the courses taken The Labor Economics Summer School covers a wide rangethe previous summer. Several alumni of the Barcelona GSE of topics in labor economics from a variety of perspectives.master programs and reference PhD programs also joined the In particular, the program offers courses that cover recentSummer School courses. developments within the macro-labor, micro-labor and managerial-labor contexts. In each course, both theoretical and empirical aspects are covered.50
  43. 43. PROGRAMSMicroeconometrics 2011: BANKING FACULTY136 participants from 33 countriesDirector: Prof. Sergi Jiménez-Martín Hans Degryse (Tilburg University) Xavier Freixas (UPF and Barcelona GSE)(UPF and Barcelona GSE) Moshe Kim (University of Haifa)The Microeconometrics Summer School is designed to teach Steven Ongena (Tilburg University)professionals and academics the latest techniques in datahandling in response to the significant growth in the number LABOR ECONOMICS FACULTYof academic jobs of an empirical nature as well as theincreasing number of studies commissioned by public and Ghazala Azmat (UPF and Barcelona GSE) Maia Güell (University of Edinburgh,private institutions. Participants work with linear regression UPF and Barcelona GSE)tools in a practical lab course. Sendhil Mullainathan (Harvard University) Robert Shimer (University of Chicago) MICROECONOMETRICS FACULTY Victor Aguirreabiria (University of Toronto) Badi Baltagi (Syracuse University) Gabrielle Fack (UPF and Barcelona GSE) Sergi Jiménez-Martín (UPF and Barcelona GSE) Stephan Litschig (UPF and Barcelona GSE) 51
  44. 44. ZVI GRILICHES RESEARCH SEMINAR ZVI GRILICHES KEYNOTE SPEAKERS50 participants from 30 institutions in 10 countries John von ReenenProf. Isabel Busom (UAB) and Prof. Bruno Cassiman (London School of Economics)(IESE Business School) Alfonso GambardellaThe “Zvi Griliches” Research Seminar in the Economics (Università Commerciale “Luigi Bocconi”)of Innovation is hosted by the Barcelona GSE and sponsored Fernando Galindo-Ruedaby COTEC, a foundation for the promotion of technological (OECD Directorate for Science,innovation and awareness whose board includes the directors Technology and Industry)of many of Spain’s best-known companies, and FECYT,the Spanish Foundation for Science and Technology.The program promotes interactions between academicresearchers, innovation policy practitioners, statistical officeanalysts and PhD students with a general interest in analyzingtechnological innovation from an economic point of view.This is achieved through the combination of compellingkeynote speakers and the presentation of a selection ofleading research papers (only 17 out of 50 papers submittedwere accepted for presentation).In addition to the keynote speakers and participants comingfrom around the world, five graduates of the GSE’s Economicsof Science and Innovation (MESI) master program attendedthe sessions. All program fees are waived for MESI graduates.52
  45. 45. PROGRAMSContinuing EducationBarcelona GSE continuing education programsare intensive, targeted courses for executives,professionals, and academics. In the 2010-11academic year, the GSE offered two continuingeducations programs:Intensive Course on Competition Economics: Global Health Leadership Forum (GHLF)Abuse of DominanceNew for 2010-11, the course provides a thorough This innovative program for senior health executives, nowunderstanding of the most recent economic theories in its eighth edition, uses a mixture of case studies, seminars,of monopolization, apply these concepts in practice, workshops and an independent project to explore cuttingand review actual cases in the light of an effects-based edge approaches that address health policy issues of globalapproach. importance. 53
  46. 46. INTENSIVE COURSE ON COMPETITION ECONOMICS: ABUSE OF DOMINANCE This spring the Barcelona GSE held the first edition of its four-day Intensive Course on Competition Economics: Abuse of Dominance. Course sessions covered topics such as Predation, Rebates, and Exclusive Dealing, as well as case studies on intellectual property rights and energy. The wide appeal of the course topic drew participants from across the spectrum of professional and academic fields dealing with competition economics. Among the 56 participants were presidents and directors of public and private institutions, judges, ministers, lawyers, economists and analysists, inspectors and case handlers, regulatory advisors, professors, postdocs, and doctoral students. Some had over thirty years of experience in the field, while others were newly-minted graduates. Demand for places was so high that the course “sold out” weeks before sessions began, leaving a number of applicants on the waitlist.54
  47. 47. PROGRAMS2011 COMPETITION COURSE FACULTY EMPLOYERS AND INSTITUTIONS OF PARTICIPANTSGiulio Federico Competition Commissions such as:(Charles River Associates, IESE SP-SP, and Barcelona · Chilean Competition TribunalGSE guest professor) · Competition Commission of South Africa · Czech Office for the Protection of CompetitionChiara Fumagalli · Hungarian Competition Commission(Bocconi University) · National Competition Commission (Spain) · National Energy Commission (Spain)Massimo Motta · NMa - Dutch Competition Authority (Netherlands)(ICREA-UPF and Barcelona GSE) · Swedish Competition AuthorityJorge Padilla Consulting and Law firms including:(LECG and Barcelona GSE guest professor) · IESE (Catalonia-Spain) · Copenhaguen Economics (Denmark) · Linklaters LLP (UK) · Universidad de los Andes (Colombia)COURSE DIRECTORS · Universidad Adolfo Ibáñez (Chile)Giulio Federico Energy and telecommunications companies:(Charles River Associates, IESE SP-SP, and Barcelona · Dong Energy (Denmark)GSE guest professor) · Endesa (Spain) · Swisscom (Switzerland)Massimo Motta · Telenet (Belgium)(ICREA-UPF and Barcelona GSE) 55
  48. 48. GLOBAL HEALTH LEADERSHIP FORUM (GHLF) For the past three years, the Barcelona GSE has hosted the Global Health Leadership Forum (GHLF) on its campus. Created by the UPF Center for Research in Health and Economics (CRES) and the UC Berkeley School of Public Health, the GHLF is an executive education program consisting of two intense one-week sessions. The sessions are held six months apart in Barcelona and Berkeley respectively. The objective of the program is to bring together senior executives of nations (health ministers or senior policy leaders, legislators and regulators), senior executives of organizations (e.g. World Bank, OECD, PAHO) and senior executives of companies (insurance, pharmaceutical, health care delivery, care management) to share best practices, know-how, and the latest research through case studies, seminars, workshops, and field excursions. Each participant also prepares and presents an individual project. Including speakers and participants, 39 senior health executives gathered on the GSE’s campus for the 2011 edition of the GHLF. They included 20 internationally reknowned speakers that work in diverse health related areas such as: health economics, insurance, policy, pharmaceuticals, and biotechnology. Countries represented included Canada, France, Greece, Indonesia, Kenya, Saudi Arabia, Singapore, the United Kingdom, and the United States.56
  49. 49. PROGRAMS 2011 GHLF FACULTY INCLUDED: BOARD OF DIRECTORS Dr. Panos Kanavos, Reader in International Health Jaume Puig-Junoy Policy in the Department of Social Policy and Head of (UPF-CRES and Barcelona GSE) the Medical Technology Research Unit at LSE Health Guillem López-Casasnovas Dr. Joseph Kutzin, Head of the WHO Barcelona (UPF-CRES and Barcelona GSE) Office for Health Systems Strengthening Richard Scheffler Dr. Ellen Nolte, Director of Health and Healthcare (UC Berkeley) of RAND Europe Stephen M. Shortell Dr. James Rice, Executive Vice President & Practice (UC Berkeley) Leader, Integrated Healthcare Strategies Co-director and Coordinator: Dr. Lise Rochaix, Chair of the French Senate Ivan Planas Miret for Health Care Priority Setting (UPF-CRES)SPONSORS 57
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  52. 52. RESEARCHREMARKS FROM OMAR LICANDRO,RESEARCH DIRECTORThis year the Barcelona GSE has taken a step forwardtoward a more integrated research community. The qualityand number of seminars and workshops has increased,as has publication in top journals. The GSE is a highly reputedresearch institute worldwide, facing the main challenge todayof becoming a global leader, where the knowledge frontierin economics is debated and defined. Its research policy aimsto attract and retain talented economists, and to developa highly dynamic research environment supporting andstrengthening top-quality research. Among these excellentscholars are the Presidents of the European EconomicAssociation and the Society for Economics Dynamics, theSecretary General of the International Economic Association,and a Program Director of the CEPR. 61
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  54. 54. RESEARCHBarcelona GSE Lecture SeriesOrganized with support from Banc Sabadell, the Barcelona GSE LectureSeries brings some of the world’s top scholars in economics to Barcelonato share their research with the GSE community.Past speakers have included:Prof. Tim Besley (London School of Economics)Prof. Mathias Dewatripont (Université Libre de Bruxelles)Prof. Edward C. Prescott (2004 Nobel Prize in Economics)Prof. Hugo Sonnenschein (University of Chicago)Mr. Jean-Claude Trichet (President, European Central Bank)BARCELONA GSE LECTURES 2010-11Prof. Jean Tirole Prof. Alberto AlesinaToulouse School of Economics Harvard University“Regulating systemic risk” “Fiscal policy after the Great Recession” 63
  55. 55. RESEARCHCommunity Seminars and ConferencesMore than 250 seminars and conferences in SEMINAR SERIES ORGANIZEDregularly occurring seminar series and special events, BY THE BARCELONA GSE COMMUNITYcovering the latest research across the spectrumof economics fields · Applied Lunch Seminars (UPF) · Barcelona Economics Decision Group SeminarsThe Barcelona GSE is part of a vibrant and busy · Barcelona GSE Lectureseconomics community in Barcelona. The four academic · Barcelona JOCS Seminars on Game Theory and Applicationsbodies of the School plan numerous regularly occurringseminars, workshops, and conferences featuring · “Bellaterra” Applied Seminars (UAB-IAE)internationally renowned academics, practitioners, · “Bellaterra” Macroeconomics Seminars (UAB-IAE)and experts from around the world. · “Bellaterra” Microeconomics Seminars (UAB-IAE) · Center for Research in Economics and Health Seminars (UPF-CRES) · CREI-DEE Seminars · Economic and Business History Seminars (UPF) · Finance Seminars (UPF) · Financial Institutions Seminars (Barcelona GSE-UPF) · IAE “Informal” Seminars · INSIDE Workshops (IAE) · Internal Micro and Behavioral Economics Seminars (UPF) · Internal Workshops (IAE) · International Lunch Seminars (CREI) · Labor, Public and Development Seminars (UPF) · Labor, Public and Development Faculty Lunches (UPF) · Lunch Seminars on Social Choice and Game Theory (UAB-IAE)Barcelona GSE “Trobada” VIII · Macroeconomics Breakfasts (CREI) · Macroeconomics Workshops (UAB) · Management and Behavioral Research Breakfasts (UPF) · Management and Organizational Studies Seminars (UPF) · Microeconomics Seminars (UPF) · Microeconomics Workshops (UAB) · Occasional Econometric Seminars (UPF) · Regulation and Competition Seminar Series (Barcelona GSE-UPF) · Statistics and Operational Research Seminars (UPF)64
  56. 56. RESEARCH KEY CONFERENCES IN THE BARCELONA GSE COMMUNITY (OCTOBER 2010-JULY 2011) Listed Chronologically Fall Spring· CEPR Development Economics Workshop (CREMed and UPF) · VII International Meeting on Experimental and Behavioral· Barcelona GSE “Trobada” VIII Economics (IAE, UPF, UAB)· GSE-CEPR-CREI-IAE Workshop Towards Sustained · MOVE Workshop on Venture Capital (UAB) Economic Growth · CREI Conference on Politics, Information and Macroeconomy· CREI-CEPR Workshop on Changes in Labor Market Dynamics · XIII Workshop in International Economics and Finance (CREI)· MOVE Workshop on Selection of Politicians (UAB) Lima, Peru · CREI Conference on Information, Beliefs and Expectations in Macroeconomics Winter · IV Workshop on Gender Economics (IAE)· MOVE-Urrutia Elejalde Workshop on Information, Dynamics and Political Decision Making (UAB) · ThReD Conference 2011 (IAE)· MOVE Workshop on the Well-Being of Youth (UAB) · MOVE-ISER Joint Workshop on Game Theory and Social Choice· 16th Coalition Theory Network Workshop (UAB) · LeeX International Conference on Theoretical and Experimental Macroeconomics (UPF)· ACCIO-IESE-MOVE Workshop on Innovation (UAB) · IDEA Workshop: 20 Years of the International Doctorate· ICREA-MOVE Workshop on Family Economics (UAB) in Economic Analysis · UAB-BBVA Workshop on Votes and Incentives, in honor of Prof. Salvador Barberà · INSIDE-IAE-MOVE Seminar on Multilateral Resistance to Migration · Priorat Workshop in Theoretical Political Science (IAE-UAB) · II CREMed Workshop on Economics of the Mediterranean and the Euromediterranean Process · INSIDE-IAE-MOVE Seminar on the Wage Effects of Immigration and Emigration · INSIDE-IAE-MOVE Workshop on Child Well-being and Migration · INSIDE-IAE-MOVE Seminar on Multilateral Resistance to Migration · CREI-CEPR Conference on Institutions and International Capital Flows 65
  57. 57. PublicationsAFFILIATED FACULTY RESEARCH OUTPUT RESEARCH RECOGNITION PROGRAMAffiliated professors of the Barcelona GSE publish their The Barcelona GSE Research Recognition Program aims toresearch widely, including the five top general journals acknowledge any researcher in economics who is affiliated(American Economic Review, Econometrica, Journal with a Catalan institution and has published in a list ofof Political Economy, Quarterly Journal of Economics, international economic journals of high impact in the lastand Review of Economic Studies) and many specialized three years. GSE affiliated professors who qualify for thejournals. The combined research output of the academic Recognition Program acquire the condition of Barcelona GSEbodies of the Barcelona GSE places the institutions Research Fellow, while those who are not affiliated professorsat the forefront of research groups in Europe. are considered External Research Fellows. A full listing of External Research Fellows can be found on page 109.RESEARCH RANKINGSThe following are the Barcelona GSE’s rankingsin scientific output as measured by:RePEc (Research Papers in Economics)released in June 2011#15 Top Economic Institutions (worldwide)#10 Top Economics Departments (worldwide)#3 Top European Institutions#1 Top Institutions in SpainJournal of the European Economic Association“Research and Higher Education in Economics:Can We Deliver The Lisbon Objectives?” May 2007#20 Research Output (Europe and United States combined)#2/3 Research Output in Europe66
  58. 58. RESEARCHBARCELONA GSE FACULTY 2010 PUBLICATIONS INCLUDED IN THE RECOGNITION PROGRAMAbbink, K.; J. Brandts, B. Herrmann, and H. Orzen. “Inter-group Azmat, G. and N. Iriberri. “The importance of relativeCompetition and Intra-group Punishment in an Experimental performance feedback information: Evidence from a naturalContest Game.” American Economic Review, 100, 420–447, experiment using high school students.” Journal of Public2010. Economics, 94(7-8), 435–452, 2010.Alcalde-Unzu, J. and M.A. Ballester. “On Ranking Opportunity Banal-Estañol, A.; P. Heidhues, R. Nitsche, and Jo.Distributions.” Social Choice and Welfare, 34, 3–31, 2010. Seldeslachts. “Screening and merger activity.” Journal of Industrial Economics, 58(4), 794–817, 2010.Algan, Y.; C. Dustmann, A. Glitz, and A. Manning. “The economicsituation of first- and second-generation immigrants in France, Barberà, S.; D. Berga, and B. Moreno. “Individual versus groupGermany and the UK.” Economic Journal, 120(542), 4–30, 2010. strategy–proofness: when do they coincide?” Journal of Economic Theory 145(5), 1648–1674, 2010.Apesteguia, J. and M.A. Ballester. “The computationalcomplexity of rationalizing behavior.” Journal of Mathematical Barberà, S. and D. Coelho. “On the Rule of k Names.” GamesEconomics, 46(3), 356–363, 2010. and Economic Behavior, 70(1), 44–61, 2010. Special issue in Honor of Ehud Kalai.Apesteguia, J.; S. Huck, J. Oechssler, and S. Weidenholzer.“Imitation and the evolution of Walrasian behavior: Theoretically Beviá, C. “Manipulation games in Economies withfragile but behaviorally robust.” Journal of Economic Theory, Indivisible Goods.” International Journal of Game Theory, 39(1),145(5), 1603–1617, 2010. 209–222, 2010.Apesteguia, J. and I. Palacios-Huerta. “Psychological pressure Beviá, C. and L. Corchón. “Peace Agreements withoutin competitive environments: Evidence from a randomized natural commitment.” Games and Economic Behavior, 68 (2),experiment.” American Economic Review, 100(5), 2548–2564, 469–487, 2010.2010. Blanchard, O. and J. Galí. “Labor market frictions and monetaryArmenter, R. and F. Ortega. “Credible redistribution policies and policy: A new Keynesian model with unemployment.” Americanmigration across US States.” Review of Economic Dynamics, Economic Journal: Macroeconomic, 2(2), 1–30, 2010.13(2), 403–423, 2010. Bosch, M.; M.A. Carnero, and L. Farré. “Information andArruñada, B. “Protestants and Catholics: Similar work Discrimination in the Rental Housing Market: Evidence fromethic, different social ethic.” The Economic Journal, 120(547), a Field Experiment.” Regional Science and Urban Economics,890–918, 2010. 40, 11–19, 2010. 67