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 Jordi Galí 

Jordi Galí

PhD, Massachusetts Institute of Technology
Director, CREI; Barcelona GSE Research Professor
Barcelona GSE Affiliated Professor
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Macroeconomic Policy and Financial Markets, GPEFM, International Trade, Finance, and Development


Prof. Galí earned his PhD in Economics at the Massachusetts Institute of Technology (MIT) in 1989. Prior to joining the Barcelona economics community, he held academic positions at New York University and Columbia University, and was Visiting Professor at MIT.

In 2005 Prof. Galí received the Yrjö Jahnsson Award in Economics. He also won the Rei Jaume I Prize for Economics (2004), the VII Prize of the Catalan Society of Economics (2008) and the Catalan National Research Prize (2011).

His main areas of research are macroeconomics, monetary theory, and macroeconometrics. His influential findings have had a large impact on a variety of topics, particularly business cycles, inflation, exchange rates and the conduct of monetary policy.

Prof. Galí has been cited as the most productive Spanish researcher from 1990-2004 (“Publishing Performance of Spanish Academics: 1970-2004” by D. Rodriguez, Spanish Economic Review, 2006). He has also been ranked as the 8th most cited researcher worldwide in Economics and Business (Thomson Scientific’s Essential Science Indicators SM, data from January 1997-October 2007).

Prof. Galí is Fellow of the Econometric Society and member of the Council of the European Economic Association (EEA). He has served as Vice President of the EEA and was President of that organization in 2012.

Prof. Galí holds Research positions at the Center for Economic Policy Research (CEPR) in London, and at the US National Bureau of Economic Research (NBER).

In addition to being a Research Professor at the Barcelona GSE and Professor at the UPF, Prof. Galí is Director of the Centre for Research in International Economics (CREI).

 Research interests:

Macroeconomic theory
Monetary economics

 Selected publications:

- Monetary Policy, Inflation, and the Business Cycle (Princeton University Press, 2008)

"New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling", Journal of the European Economic Association, vol. 4 (2-3), 562-574, April-May 2006. (with I. Angeloni, L. Aucremanne, M. Ehrmann, A. Levin, F. Smets)

"Modern Perspectives on Fiscal Stabilization Policies", CESifo Economic Studies, Vol. 51, 4/2005, 587-599

"Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve", Journal of Monetary Economics 52 (2005) 1107-118. (with Mark Gertler and J. David López-Salido)

 Working papers:

The Effects of a Money-Financed Fiscal Stimulus (September 2014)
by Jordi Galí

Understanding the Gains from Wage Flexibility: The Exchange Rate Connection (December 2013)
by Jordi Galí, Tommaso Monacelli

The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence (December 2013)
by Jordi Galí, Luca Gambetti