José García-Montalvo awarded 2019 Rei Jaume I Prize in Economics


Updated November 26, 2019

The Rei Jaume I Prize is awarded annually to top Spanish scientists by the Government of Valencia and the Valencian Foundation for Advanced Studies.

Barcelona GSE Research Professor José García-Montalvo (UPF and Barcelona GSE) has been selected to receive the 2019 Rei Jaume I Prize in Economics "for his valuable and farsighted work closely linked to economic reality" and based on rich data obtained from unconventional sources, particularly on the topics of unemployment and credit markets.

The winners of the Prize were announced on June 4 at the Palau de la Generalitat in Valencia, at a ceremony attend by the President of Valencia, Ximo Puig.

"This is one of the most important awards in Economics given in Spain, or the most important one," Prof. García-Montalvo said, adding that he is especially honored to win the award as he is originally from Valencia himself.  

Established in 1989, the Jaume I awards are funded by the Government of Valencia and the Valencian Foundation for Advanced Studies (FVEA). The award is given annually to six researchers for their contributions in the areas of General Research, Medical Research, Environmental Protection, New Technologies, Urban Studies, and Economics. Recipients are chosen by a distinguished committee of academics and researchers, which included 18 Nobel Laureates this year.

Professor García-Montalvo is the sixth Barcelona GSE Research Professor to receive the Jaume I Economics award. The previous recipients in the Barcelona GSE community are: Xavier Freixas (UPF and Barcelona GSE) in 2018, Albert Marcet (ICREA-IAE and Barcelona GSE) in 2016, Salvador Barberà (UAB and Barcelona GSE) in 2008, Joan-María Esteban (IAE-CSIC and Barcelona GSE) in 2007, and Jordi Galí (CREI, UPF and Barcelona GSE) in 2004.

Prize recipients receive 100,000€ and a medal from the Valencian Government and FVEA. The award ceremony will take place next fall, with the participation of a member of the Spanish royal family.

Watch the interview about Prof. Montalvo's work (in Spanish)

Rei Jaume I Prize Foundation page about Prof. Montalvo's award

About José García-Montalvo

José García-Montalvo (PhD, Harvard University) is Professor of Economics and ICREA-Academia Fellow at Universitat Pompeu Fabra and Barcelona GSE Research Professor. He is Vicerector for Scientific Strategy at UPF and a member of the Barcelona GSE Research Committee. He is also a Research Professor of IVIE.

His areas of research include the real estate market and the Spanish banking crisis. He is the author of 17 books and over 100 articles in scholarly journals, including the American Economic Review, the Economic Journal and the Review of Economics and Statistics, among many others.

Professor García-Montalvo is a faculty member of the Graduate Program in Economics, Finance and Management (GPEFM) organized by UPF and Barcelona GSE, and also teaches in the Barcelona GSE Master's programs and continuing education courses.

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