Curriculum Vitae

Javier Gardeazabal

Address:
Departamento de Fundamentos del Análisis Económico II,
Universidad del País Vasco,
Avda. Lehendakari Aguirre 83,
48015 Bilbao, Spain,
Tlf. (+34) 946013780,
E-mail: javier.gardeazabal@ehu.es
http://www.ehu.es/Gardeazabal

Education:

• Ph.D. Economics, University of Pennsylvania, May 1991.
• Licenciado en Ciencias Económicas, University of The Basque Country, June 1984.

Positions Held:

    * Professor, Departamento de Fundamentos del Análisis Económico, University of The Basque Country, April 2007 - .
    * Habilitación de Cátedra, September 2005.
    * Chairman of the Departamento de Fundamentos del Análisis Económico, University of The Basque Country, July 2005 - 2009 .
    * Research Associate, University of California, Santa Cruz, January-August 2001.
    * Associate Professor, Departamento de Fundamentos del Análisis Económico, University of The Basque Country, June 1993 - March 2007.
    * Assistant Professor, Departamento de Fundamentos del Análisis Económico, University of The Basque Country, 1991-1993.
    * Teaching Assistant, University of Pennsylvania, 1987-1991.
    * Research Assistant, University of the Basque Country, 1984-1986.

Publications

    * Javier Gardeazabal and Marta Regúlez "The Monetary Model of Exchange Rates and Cointegration: Estimation, Testing and Prediction." 1992. Lecture Notes in Economics and Mathematical Systems, no. 385, Springer Verlag.
    * Francis X. Diebold, Javier Gardeazabal and Kamil Yilmaz, "On Cointegration and Exchange Rate Dynamics." Journal of Finance, vol. XLIX, 1994, 727-735.
    * Javier Gardeazabal "Provincial Income Distribution Dynamics: Spain 1967-1991." Investigaciones Económicas, vol. XX(2), May 1996, 263-269.
    * Javier Gardeazabal, Marta Regúlez and Jesús Vázquez "Testing The Canonical Model of Exchange Rates with Unobservable Fundamentals." International Economic Review, vol. 38, 2, May 1997, 389-404.
    * Alberto Abadie and Javier Gardeazabal "The Economic Cost of Conflict: A case study of the Basque Country." American Economic Review vol. 93, 1, 2003, 113-132.
    * Javier Gardeazabal and Marta Regúlez "A Factor Model of Seasonality in Stock Returns." Quarterly Review of Economics and Finance 44, 2004, 224-236.
    * Javier Gardeazabal and Arantza Ugidos "More on Identification in Detailed Wage Decompositions." Review of Economics and Statistics 86(4), 2004, 1034-1036.
    * Javier Gardeazabal and Arantza Ugidos "Gender Wage Discrimination at Quantiles." Journal of Population Economics 18, 2005, 165-179.
    * Yin-Wong Cheung, Javier Gardeazabal and Jesús Vázquez "Exchange Rate Dynamics: Where is the Saddle Path?" in “Critical Issues in China’s Growth and Development” Yum K. Kwan and Eden S.H. Yu editors, in honor of Gregory Chow (2005), Ashgate Publishing Ltd.
    * Alberto Abadie and Javier Gardeazabal “Terrorism and the World Economy” European Economic Review 52, 2008, 1-27.
    * Henry Aray and Javier Gardeazabal “Going Multinational under Exchange Rate Uncertainty,” Journal of International Money and Finance 29 (2010), pp. 1171-1191.
    * María Paz Espinosa and Javier Gardeazabal “Optimal Correction for Guessing in Multiple Choice Tests” Journal of Mathematical Psychology 54 (2010), pp. 415-425.

Publications in Spanish

    * Javier Gardeazabal and Marta Regúlez “Participación y Empleo Femenino en la Comunidad Autónoma del País Vasco,” Ekonomiaz, 1992, 333-370.
    * Javier Gardeazabal “Sobre la Determinación del Tipo de Cambio,” Hacienda Pública Española, 1992, 85-96.
    * Javier Gardeazabal and Marta Regúlez “Los Efectos de una Depreciación Nominal de la Peseta sobre la Balanza Comercial Real Española,” Cuadernos Económicos de ICE, no. 53, 1993, 221-234.
    * Javier Gardeazabal and María Carmen Iglesias “Causan los ciclos del G7 el ciclo español?” Revista de Economía Aplicada, vol. VIII, 24, 2000.

Working Papers:

    * “Do Students Behave Rationally: Evidence from a Field Experiment” joint with María Paz Espinosa.
    * “Methods for Measuring the Cost of Conflict”
    * “Vote Shares as a Fractional Response to the Economy and Conflict”
    * “Linguistic Fractionalization and Conflict in the Basque Country” joint with Ana Carmen Díaz Mendoza.

Comments

    * Comment: “Análisis de la Protección Exterior de la Industria Española” by Leandro García y Celestino Suárez, Moneda y Crédito 196, 1993, 267-270.
    * Comment: "Factores Internationales en las Recesiones de Comienzos de los Años Noventa" by Backus, D. K. y J. Galí. Moneda y Crédito, 202, 107-111.
    * Comment: "Una Nueva Curva de Phillips para España" by Jordi Galí y David López Salido. Moneda y Crédito 212, 2001, 304-308.
    * Comment: "Open Issues in Macroeconomic Management in an Enlarged Europe" by Fabrizio Coricelli, Moneda y Crédito, 218, 2004, 193-196.

Editorial Service:

    * Co-editor of Spanish Economic Review 2004-2007.
    * Associate editor of Moneda y Crédito 2001- 2006.
    * Co-editor, Moneda y Crédito 2007- .
    * Associate editor of Revista de Economía Aplicada 2001-2009.
    * Co-editor, Revista de Economía Aplicada 2009-
    * Advisory Board of Investigaciones Económicas, 1999-2000.
    * Associate editor of Investigaciones Económicas, 1994-1998, 2001-2004.
    * Associate editor of Ekonomiaz, 1996-1999.

Referee Service:

    * American Economic Review, Bulletin of Economic Research, Conflict Management and Peace Science, Economic Journal, Economica, Economics Letters, Empirical Economics, European Journal of Finance, Hacienda Pública Española-Revista De Economía Pública, International Economic Review, Investigaciones de Historia Económica, Investigaciones Económicas, Journal of Business Economics and Statistics, Journal of Econometrics, Journal of Economic Growth, Journal of Empirical Finance, Journal of the European Economic Association, Journal of International Money and Finance, Journal of Peace Research, Journal of Public Economics, Journal of Population Economics, Journal of the Royal Statistical Society Series A, Lecture Notes in Economics and Mathematical Systems (Springer Verlag), Multinational Finance Journal, Moneda y Crédito, Oxford Bulletin of Economics and Statistics, Oxford Economic Papers, Quarterly Review of Economics and Finance, Review of Economics and Statistics, Revista de Economía Aplicada, Scandinavian Journal of Economics, Spanish Economic Review-Revista Española de Economía, World Bank Economic Review.
    * National Science Foundation (USA), Spanish Ministry of Science and Technology 2002-2004, ANEP, BBVA Foundation, Ramon Areces Foundation, US-Israeli Binational Science Foundation, Instituto Valenciano de Investigaciones Economicas, Bank of Spain.

Scientific Committees:

    * President of the Scientific Committee XXXIII Simposio de Análisis Económico, Zaragoza 2008.
    * Co-organizer Simposio de Moneda y Credito, November 2008, November 2009.
    * Simposio de Análisis Económico, 18th to 27th and 30th annual meetings.
    * Encuentro de Economía Aplicada, 5th, 6th, 7th and 13th annual meetings.
    * Foro de Finanzas, 12th to 15th annual meetings.
    * XI Jornadas de Economía Internacional

Scholarships and Grants:

    * Basque Government Graduate Student Fellowship, 1986-1988.
    * Alfred P. Sloan Foundation Fellowship on Open Macro Economies, 1989-1990.
    * “Economía Internacional e Integración Europea,” Universidad del País Vasco, 035.321-HA057/92, 037.321-HA086/93 and 037.321-HB070/94, 1992-95.
    * “Aspectos Dinámicos de la Macroeconomía Internacional.” Spanish Ministry of Education, PB92-0453, 1993-95.
    * “Fluctuaciones Económicas: Diferentes Aproximaciones,” Basque Government, PI9442, 1995.
    * “Un Análisis de la Política Monetaria en la Comunidad Económica Europea,” Basque Government, PI-95/23, 1996.
    * “Economía Internacional: Diferentes Aproximaciones,” Universidad del País Vasco, 035.321-HB067/96, 1997-98.
    * “Macroeconomías dinámicas: una aproximación multidisciplinar,” Spanish Ministry of Education, PB97-0620, 1999.
    * “Modelos de Valor Presente Descontado con Retroalimentación,” Spanish Ministry of Science, BEC2000-1393 2001-2003.
    * “Mercado de Trabajo y Formación de una Familia: Efectos de las Características Laborales en la Fertilidad,” Spanish Ministry of Science, BEC2000-1394, 2001-2003.
    * “La Mujer en el Mercado de Trabajo: Vinculación y Discriminación” Spanish Ministry of Labour 33/00. 2001-2003.
    * “La Mujer en el Mercado de Trabajo: Vinculación y Discriminación” Basque Government, PI1999-160, 2001-2003.
    * "Estudios sobre Agregados Económicos Europeos y Políticas Estructurales" BBVA Foundation, 1/BBVA 00044.321-15466/2002. 2003 - 2005.
    * “Demografía y Mercado de Trabajo: Un Enfoque Económico,” Spanish Ministry of Science, SEC2003-04826, 2004-2006.
    * “La Dinámica del Tipo de Cambio en el Sistema Monetario Europeo”. BBV Foundation 1993.
    * “La Macroeconomía de los Ciclos de Negocios,” Spanish Ministry of Science, PS95-0110. 1997-1998.
    * “Applied International Finance Using Mixed-Frequency data.” Spanish Ministry of Education. PR2000-0220. Enero-Agosto 2001.
    * “DEC: Nuevos Desarrollos en Análisis Económico” Universidad del País Vasco, GIU06/53.
    * “Análisis de decisiones estratégicas y de formación de grupos en diversos entornos económicos.” Spanish Ministry of Education, SEJ2006-06309. 2007-2009.
    * “EUSECON: A New Agenda for European Security Economics” Collaborative Project, Seventh Framework Programme of The European Commission, Grant Agreement Number: 218105, 2008-2001.
    * “NEAT: Network for the Economic Analysis of Terrorism and Anti-Terror Policies”, European Comission.
    * “Behavioral Economics, NETworks and COMpetition, (BENET.COM)”, Spanish Ministry of Science and Innovation, ECO2009-09120.

Teaching Experience:

    * University of The Basque Country, Graduate: Macroeconomics, International Macroeconomics, International Trade, Time Series, Monetary Economics.
    * University of The Basque Country, Undergraduate: International Trade, International Macroeconomics, Intermediate Macroeconomics, Advanced Microeconomics, Introduction to Statistics.
    * University of Pennsylvania: Mathematics for economists (graduate), Introduction to statistics (undergraduate).

Thesis supervision:

    * Cruz Angel Echevarría, “Tres Ensayos sobre la Estructura Demográfica de la Población y el Presupuesto Público.” Premio Extraordinario de Doctorado 1992-1993. Diciembre 1992. (Co-director)
    * Iñaki Erauskin Iurrita, “Three Essays on Growth and the World Economy.” 21 de Junio de 2004.
    * Henry Array, “Three Essays on Financial Economics.” 8 de Mayo de 2006. (Co-director).

Thesis committees:

Ignacio Díaz Emparanza 1993, Ana María Martín Arroyuelos 1994, David López Salido 1995, José Emilio Boscá Mares 1996, Miguel Angel Martínez 1997, Petr Mariel 1998, Luis Fernando Lanaspa Santolaria 1999, José Luis Fernández Serrano 1999, Javier Coto Martínez 1999, Sergio Iván Restrepo Ochoa Junio 2002, Antonio Díez de los Ríos González 2004, Alfredo Ariza 2007, Fernando E. Torrejón Flores 2009.

Presentations at Meetings:

    * “Buscando un Modelo Estadístico para la Distribución del ingreso” Encuentros de Econometría, Zaragoza 1985.
    * “Long Run Exchange Rate Determination in the Light of Cointegration Theory.” XV Simposio de Análisis Económico, Barcelona Diciembre 1990.
    * “On Exchange Rate Dynamics and Cointegration,” XVI Simposio de Análisis Económico, Barcelona Diciembre 1991.
    * “Weak Exogeneity and Rational Expectations in the Monetary Model of Exchange Rates,” III Jornadas de Economía Internacional, Murcia Juio 1993.
    * “Weak Exogeneity and Rational Expectations in the Monetary Model of Exchange Rates,” I Jornadas de Economía Financiera, Bilbao Junio 1993.
    * “Cointegration versus Saddle-Path Dynamics,” XX Simposio de Análisis Económico, Barcelona Diciembre 1995.
    * “Cointegration versus Saddle-Path Dynamics,” European Summer Meeting of the Econometric Society, Estambul Agosto 1996.
    * “The Weekend Dividend Effect in the Spanish Market,” European Financial Management Association, Londres Junio 2002.
    * “A Factor Model of Seasonality in Stock Returns” X Foro de Finanzas, Sevilla Diciembre 2002.
    * “Going Multinational under Exchange Rate Uncertainty," Econometric Society European Meeting, Madrid Agosto 2004.
    * “Going Multinational under Exchange Rate Uncertainty," XX Jornadas de Economía Industrial, Granada Septiembre 2004.
    * “On the Strategic Equivalence of Multiple-Choice tests Scoring Rules,” International Meeting on Behavioral and Experimental Economics, Cordoba Diciembre 2004.
    * “Going Multinational under Exchange Rate Uncertainty", XXIX Simposio de Análisis Económico, Pamplona Diciembre 2004.
    * “On the Strategic Equivalence of Multiple-Choice tests Scoring Rules,” Annual Meeting of the Economic Science Association, Montreal Junio 2005.
    * “Terrorism and the World Economy,” XXX Simposio de Análisis Económico, Murcia Diciembre 2005.

Seminars:

    * Universidad del País Vasco (December 1988, November 1991, December 1992, October 1995, May 2000, November 2000, Aril 2004), University of Pennsylvania (May 1990, November 1990), Universitat Autònoma de Barcelona (April 1992, June 2004), CEMFI (1993, 2001), Universidad de Alicante (May 1994), Universidad Pública de Navarra (April 1994), Universidad de Valladolid (November 1995), Banco de España (February 1999), Universidad Complutense de Madrid (May 2000), University of California Santa Cruz (April 2001), Universitat de les Illes Balears (May 2004), Foro de la Nueva Economía, Guggenheim Bilbao Museoa (May 2004), Universidad de Navarra (April 2005), Banca de Italia (March 2006), Universidad de Oviedo (May 2006), Universidad de Zaragoza (October 2008), Universidad de Salamanca (October 2009), Univesidad Pablo Olavide (January 2010).

Media Coverage

    * Wall Street Journal. “Economy Likely Won’t See Gain From War Against Terrorism,” By Gregory Ip And John D. McKinnon, Sept. 25, 2001.
    * Business Week. “Will Investors Shun The US?,” By Kathleen Madigan, Oct. 1, 2001.
    * Chicago Tribune. “Economy Will Recover Eventually, Experts Say,” By William Neikirk, Nov. 9, 2001.
    * Daily Policy Digest. “Case Study of Terrorism’s Cost: Spain’s Basque Region” Feb. 1, 2002.
    * The Times. “Basque Country Pays for ETA’s Terror,” by Graham Keeley, May 31, 2006.

Honors

    * Honorary Member of the Spanish Economic Association