Short CV Puch, Luis Antonio March, 2014

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1 Short CV Puch, Luis Antonio March, 2014 Dt. Economía Cuantitativa Universidad Complutense de Madrid. Ph.: (+34) Campus de Somosaguas, Madrid Fax: (+34) Employment : Associate Professor of Economics (with tenure: Titular de Universidad), Departamento de Economía Cuantitativa, Universidad Complutense de Madrid : Coordinador, Máster en Economía, Universidad Complutense de Madrid : Program Director, Master in Macroeconometrics and Finance, UIMP-CECO-IEF, Madrid. Past Positions Research Scientist, FEDEA, Madrid, Research Director, ABENGOA Programme on Energy and Climate Change, Research Director, Banco Sabadell Chair on Innovation and the Firm, Senior Researcher, Research Associate, Visiting Professor of Economics, Universidad Complutense de Madrid, Visiting Professor of Economics, CEPREMAP, Paris, France, Research Assistant, FEDEA, Madrid, and Visiting Scholar, University of Minnesota and Federal Reserve Bank of Minneapolis, Teaching Assistant, Dt. of Economics, Universidad Carlos III de Madrid, Other Professional Activity Professor, Masters METIE and M3F, UIMP-CECO-IEF, Madrid, Visiting Professor, IMT-Lucca, Lucca, Italy, Visiting Professor, European University Institute, Florence, Italy, Fernand Braudel Research Fellow, European University Institute, Florence, Italy, 2007/08. External Advisor, Ministerio de Economía y Hacienda, Dirección General de Presupuestos: Análisis y Programación Económica, Madrid, Visiting Professor, Master Programmes, Univ. Basque Country and Valencia. Education 1996: Ph.D. in Economics, Universidad Carlos III de Madrid. Defense: March 1st. Advisors: Javier Díaz-Giménez and Omar Licandro Title: Essays on Economic Dynamics: I. Liquidity Constraints II. Capital Utilization Committee: M. Boldrin, A. Marcet, A. Novales, J. Urrutia and J. Vallés. 1992: M.A. in Economics, Universidad Carlos III de Madrid, June. 1990: Licenciado (B.A.) in Economics, Universidad Complutense de Madrid, June. Fields of Specialization Macroeconomics: Growth Theory and Business Cycle Theory. Innovation, Investment and Technology Adoption. Energy Economics and Environmental Economics.

2 Selected Publications Articles 1. Mean-variance Portfolio Methods for Energy Policy Risk Management, Gustavo Marrero, Luis A. Puch and Francisco Ramos. International Review of Economics and Finance, forthcoming. 2. Costs for conventional and renewable fuels and electricity in the transport sector: a mean-variance portfolio approach, Ricardo Guerrero, Gustavo Marrero and Luis A. Puch. Energy, Vol. 44, , Uso, Precio y Gasto de Energía en la Economía Mexicana, Claudia S. Gómez and Luis A. Puch. EconoQuantum, Revista Mexicana de Economía, Vol. 9(2), Las Consecuencias Medioambientales de Boom y Parón Inmobiliario, L. Fernanda Gutiérrez, Gustavo Marrero and Luis A. Puch. Economía Industrial 2011, 379: A Rational Expectations Model for Simulation and Policy Evaluation of the Spanish Economy, J.E.Boscá, A.Díaz, R.Doménech, J.Ferri, E.Pérez and L.A.Puch. SERIEs, Spanish Economic Review-Investigaciones Económicas 2010, Vol 1(1-2), The Short-Run Dynamics of Optimal Growth Models with Delays, Fabrice Collard, Omar Licandro and Luis A. Puch. Annales d Economie et de Statistique 2008, Vol 90(2), A Vintage Model of Trade in Secondhand Markets and the Lifetime of Durable Goods, Omar Licandro, Luis A. Puch and Antonio R. Sampayo. Mathematical Population Studies 2008, Vol 15(4), The Welfare Cost of Business Cycles in an Economy with Nonclearing Markets, Franck Portier and Luis A. Puch. Topics in Macroeconomics (The BE Journals in Macro) 2006, Vol 6 (3), Art Vintage Capital and the Dynamics of the AK Model, Raouf Boucekkine, Omar Licandro, Luis A. Puch and F. del Río. Journal of Economic Theory 2005, Vol 120(1) Awarded one of the 20 Most Cited articles published in JET 10. Costly Capital Reallocation and Energy Use, Antonia Díaz, Luis A. Puch and María D. Guilló. Review of Economic Dynamics 2004, Vol 7(2), Optimal Growth under Endogenous Depreciation, Capital Utilization and Maintenance Costs, Omar Licandro, Luis A. Puch and J. Ramón Ruiz-Tamarit. Investigaciones Económicas 2001, Vol XXV(3), Capital Utilization, Maintenance Costs and the Business Cycle, Omar Licandro and Luis A. Puch. Annales d Economie et de Statistique 2000, Vol 58, Borrowing Constraints in Economies with Indivisible Household Capital and Banking, Javier Díaz-Giménez and Luis A. Puch. Investigaciones Económicas 1998, Vol XXII(3), Are There any Special Features in the Spanish Business Cycle?, Luis A. Puch and Omar Licandro. Investigaciones Económicas 1997, Vol XXI(2), Awarded I Fundación SEPI Essay Prize to the best paper on the Spanish economy published in IE in Utilización del Capital y Ciclo Económico Español, Omar Licandro, Luis A. Puch and J. Ramón Ruiz-Tamarit. Moneda y Crédito 1996, Vol 202, Other 16. Economía de los Biocombustibles Líquidos, R. Guerrero, G.Marrero y L.A.Puch. Cuadernos Econmicos de ICE, n. 83, ,

3 17. Eficiencia Energética, Riesgo Macroeconómico y los Costes y Riesgos en la Generación de Electricidad. Diversificación e implicaciones de política energética, G.Marrero, L.A.Puch and F.Ramos-Real. Política Exterior, Winter Inversión e Innovación en Euskadi: el caso de Álava, J.R. García, L.A. Puch, E. García and L.F. Gutiérrez. Papeles de Economía Española 2011, 127: Crecimiento Económico y Generaciones de Capital, Raouf Boucekkine, Omar Licandro and Luis A. Puch. Cuadernos Económicos de ICE, 2006, 72, Sobre la Medición del Crecimiento Económico en presencia de Progreso Técnico Incorporado, Jorge Durán, Omar Licandro and Luis A. Puch. Cuadernos Económicos de ICE, 2006, 72, Medición y Valoración del Crecimiento Económico, Gustavo A. Marrero y Luis A. Puch. In Ekonomi Gerizan 2005, XII, In Books - Long-Run & Business-Cycle Facts of the Spanish Economy, in The Spanish Economy: A Gen Eq Perspective. Boscá, Doménech, Ferri and Varela (eds.) Palgrave MacMillan, REMS: A Rational Expectations Model for Spain, in The Spanish Economy: A General Eq Perspective. Boscá, Doménech, Ferri and Varela (eds.) Palgrave MacMillan, Biocombustibles Líquidos: situación actual y oportunidades de futuro para España, con Ricardo Guerrero, Gustavo Marrero, Jose Manuel Martínez Duart. En Documentos de Debate de la Fundación ideas, 19/2010. ISBN: El Sistema de Innovación de la Economía Aragonesa, con Juan R. García. En Aragón y su Futuro: Hacia una Economía basada en la Innovación y el Conocimiento, Diputación de Aragón, ISBN: Measurement and Value of Innovation in Spain: A Contribution to the Energy Debate, Omar Licandro and Luis A. Puch. Abengoa Studies, forthcoming-discontinued. - Kaldor-Hicks-Scitovsky Compensation Principle. In An Eponymous Dictionary of Economics, J Segura and C Rodríguez Braun Eds., Cheltenham, UK: Edward Elgar, Chipman-Moore-Samuelson Compensation Principle. In An Eponymous Dictionary of Economics, J Segura and C Rodríguez Braun Eds., Cheltenham, UK: Edward Elgar, El mercado hipotecario español: situación actual y proyecto de reforma, Xavier Freixas with Javier Aguilá, Alejandro Inurrieta y Luis A. Puch. FEDEA, Colecc. Estudios, n 8. Miscellaneous - Venda Energética y Herida Inflacionaria, in La Vanguardia - Dinero (newspaper article), Mar 6, Long: Crossing the Energy Bridge, in A&O Fundación Ideas, Mar La Reforma Energética, más allá... in Cinco Días (newspaper article), Jan 6, Ladrillo y Emisiones: el otro Boom..., in Cinco Días (newspaper article), Oct 29, Energías Renovables. In Fedea Brief, Apr-Jun La I+D no es Suficiente. In Fedea Brief, Apr-May El Sistema de Innovación de la Economía Alavesa, Emma García, Juan R. García y Luis A Puch. In Economía Alavesa y Perspectivas de Futuro..., Dip. Álava, Dec Contaminación Atmosférica y Evolución Macroeconómica en la UE. Fedea Brief, Working Papers & Work in Progress - A Theory of Vintage Capital Investment and Energy Use, with Antonia Díaz. WP# - Vintage Capital and the Declining Energy Intensity in the US, with Raouf Boucekkine and Antonia Díaz, Draft Apr

4 - Energy Intensity and the Forces Behind Sustainable Energy in the EU, with Gustavo Marrero and Francisco Ramos, Draft Nov Innovation, Tangible and Intangible Investments and the Value of Spanish Firms, with A. Lacuesta, O. Licandro and T. Molina. FEDEA, WP# 09-19, May 2009, under revision. - Macroeconomic Consequences of International Commodity Price Shocks, with Claudia S. Gómez. FEDEA, WP # 08-27, Jul 08, under revision. - Patrones Recientes de la Inversión en España, with Massimiliano Marinucci. FEDEA, EEE 237, Jun Is Discrete Time a Good Representation of Continuous Time?, with Omar Licandro. FEDEA, WP # It is a Small Small Welfare Cost of Fluctuations, with Franck Portier. FEDEA, WP # 05-26, submitted. - Air Pollution and the Macroeconomy across European Countries, with Francisco Álvarez and Gustavo Marrero. FEDEA, WP # 05-10, under revision. - Level Effect of the Business Cycle, with Franck Portier, Draft April On the Dynamics of Adoption, with R. Boucekkine & Omar Licandro, April Innovation, Machine Replacement and Productivity, with Omar Licandro & Reyes Maroto. CEPR, DP # 5422, Spanish Economic Review, revise and resubmit. - Trade Shocks and Aggregate Fluctuations in an Oil-exporting Economy, with Francisco J. Sáez. ICAE, WP # The Welfare Cost of Fluctuations in Representative Agent Economies, with Franck Portier. ICAE, WP # European Economic Review, revise and resubmit. Financed Research Projects Current 2010/13: Vintages of Human, Physical and Natural Capital, ECO , DGICYT. Project leader: Omar Licandro (15). 2009/13: FEDEA representative in EXCELECOM S2007/HUM Excellence research in Madrid, 4 Economic Departments and Research Institutions in Madrid, FEDEA included. Project leader: Juan José Dolado. Past Projects (only as project leader (# researchers)) 2006/11: FEDEA representative in Consolidating Economics CSD , 13 Economic Departments and Research Institutions in Spain, FEDEA included. Project leader: Andreu Mas-Colell. 2007/10: Innovation and Vintages of Human, Physical and Natural Capital, SEJ /ECON, DGICYT. Project leader: Luis A. Puch (15). 2004/07: Physical and Human Capital Accumulation, Innovation and Adoption: economic policy consequences, SEJ , DGICYT. Project leader: Luis A. Puch (11). 2005/06: Air Pollution Regulation and Tradable Emission Permits in the EU: Economic Policy Implications, Fundación Ramón Areces. Project leader: Luis A. Puch (4). 2002/04: Environmental Policies in the EU, Fundación Ramón Areces. Pr. lead.: Luis A. Puch (7). 2002/04: Invest t, Machine Replacement and Industrial Policy I & II, FEDEA. P.l.: L.A. Puch (3). 4

5 Conferences and Seminars Conferences: Seminars: SAEe Santander 2013, ESEM Goteborg 2013, JDE Toledo 2013, SAEe Vigo 2012, SED Chipre 2012, SAE Málaga 2011, VMW Viena 2011, SAET Faro 2011, JDE Cartagena 2011, CONAMA Madrid 2010, CEF London 2010, Health & Macro Conf Madrid 2009, Energy & Env t Conf Girona 2009, SAE Zaragoza 2008, Knowledge Conference Toulouse 2008, Griliches SS Barcelona 2008, SURED Ascona 2008, SAE Granada 2007, SED Prague 2007, IAEE Firenze 2007, SAE Oviedo 2006, SURED Ascona 2006, Vintage-W. Florence 2005, TSM Toulouse 2005, SED Budapest 2005, CEF Amsterdam 2004, SED Florence 2004, 2nd ECB/IMOP-W. Hydra 2004, SAE Pamplona 2004, 2nd EDE-W. centra Sevilla 2004; SMEA Vigo 2003, 1st EDE-W. centra Sevilla 2003, SED Paris 2003, Vintage-W. Madrid 2003, BeMad centra Sevilla 2003; SAE Salamanca 2002, Euromac-W. Florence 2002, Vintage-W. Madrid 2002; SAE Alicante 2001, ESEM Lausanne 2001, Vintage-W. Madrid 2001; SAE Barcelona 2000, TSM Toulouse 2000, ES World Congress Seattle 2000, SCE Barcelona 2000; SED Alghero-Sardinia 1999; ESEM Berlin 1998; HCM-W. Paris 1997, DM-W. Vigo 1997, EAE Vigo 1997; HCM-W. Louvain 1996, SED Mexico 1996, DM-W. Vigo 1996; SAE Barcelona 1995, HCM-W. Maastricht 1995, SMyC Madrid 1995; SAE Barcelona Regular presentations at Universidad Carlos III de Madrid, FEDEA, CEPREMAP-GMM, CREST-INSEE, Universidad del País Vasco, Universidad Complutense de Madrid, Universitat de Valéncia, CEMFI-MM, Universidade de Vigo, Université de Toulouse, IDEI Toulouse, Universidad Pública de Navarra, Universitat Jaume I, European University Institute, Universidade de Santiago, Université Catholique de Louvain, Bank of Spain, Universidad de Málaga, UIMP Sevilla, Universidad Pablo de Olavide. Doctoral Dissertations Supervised Macroeconomic Consequences of Commodity Price Shocks by Claudia S. Gómez, May 2008, Universidad Complutense. Position: Universidad de Guanajuato. Aggregate Fluctuations in Emerging Economies by Francisco J. Sáez, November 2003, Universidad Complutense. Position: Central Bank of Venezuela. Currently Advising Luciano Campos, Luis M. de Castro and Kamal Romero Thesis Committees Luis Franjo (Universidad Carlos III de Madrid, 2013), Miguel Sánchez (European University Institute, 2012), Valery Charnavoky (Universidad Carlos III de Madrid, 2011), Zoe Kuehn (Universidad Carlos III de Madrid, 2010), Alessio Moro (Universidad Carlos III de Madrid, 2009), Joel López (Universidad Carlos III de Madrid, 2009), Laura Vartia (European University Institute, 2006), Bruno de Oliveira Cruz (Université Catholique de Louvain, 2005), Maria Bejan (Universidad Carlos III de Madrid, 2004) Santiago Budría (Universidad de Alicante, 2003), Carme Riera (Universitat de Barcelona, 2001), M. José Álvarez (Universidad de Alicante, 2001), Victoria Osuna (Universidad Carlos III de Madrid, 2001), Gustavo Marrero (Universitat Autónoma de Barcelona, 2000), Vicente Royuela (Universitat de Barcelona, 2000), Arantza Gorostiaga (Universidad Complutense de Madrid, 1999), Jorge Durán (Universidad Carlos III de Madrid, 1999). Master Thesis Supervised Ciclicidad en la poltica de supervisión bancaria, by Borja Petit, October 2013, Universidad Complutense (UCM). Position: PhD Candidate, CEMFI, Madrid. Economía Colombiana : una perspectiva desde la teoría moderna de los ciclos económicos, by Camilo Carrascal, Junio 2013, UCM. Position: Gobierno de Colombia. 5

6 Relaciones Cíclicas entre Utilización, Mantenimiento y Progreso Técnico Incorporado, by Ignacio Peláez, Marzo 2012, UCM. Position: PhD Candidate, U of Minnesota. Teaching Services CECO & UIMP-CECO-IEF, Madrid: CATE, METIE & M3F courses at Master level. IMT-Lucca, Lucca, Italy Macroeconomics I (20+10hours) PhD Programme, European University Institute, Florence, Italy Quantitative Macroeconomics (20+10hours) PhD Programme, University of the Basque Country Business Cycle Theory (15 hours) Master Programme, Universidad Complutense de Madrid Macroeconomics II Master Economics, ; Macroeconomics Master Banking- Insurance, Business Cycle Theory Ph.D. Programme, 2nd year. Growth Theory Ph.D. Programme, 1st year. Macroeconomic Dynamics Ph.D. Programme, 1st year. Growth and Development 5th year undergraduate. Advanced Macroeconomics 4th year undergraduate. Macroeconomics I 1st year undergraduate (all these since 1997). University of Valencia Numerical Methods and Business Cycle Theory Master Programme ( ). CEPREMAP, Paris, France Computable Heterogeneous Agents Economies, GMM Sem, Ph.D. Programme ( ). Universidad Carlos III de Madrid T.A. for Applied Macroeconomic Theory Ph.D. Programme; T.A. for Intermediate and Advanced Macroeconomics, Applied Economics, Financial Markets and International Finance, undergraduate ( ). Lecturer Escuela de Macroeconomía, UIMP Santander, July 2012 and Escuela de Verano, UPV Alcoy, July International School on Energy & Climate Change, UIMP Sevilla, May Summer School on Renewable Energies, ULL & Cabildo de El Hiero: Energy, Emissions and the Economy, July 2008 V Semana de la Ciencia, Fundación ICO, Madrid: Macroeconomía y Medio Ambiente, November 16, 2005 XXIII Summer School, University of the Basque Country: Growth and Competitiveness, September 6-9, 2004, San Sebastian. Course The Measurement of Economic Growth. IXth Summer School of the European Economic Association: European Business Cycles, September 7-12, 1998, Paris. Course The Welfare Cost of Fluctuations. Other Refereeing Referee for Annales d Economie et de Statistique, Bank of Spain WP, BE Journals of Macro, Economic Journal, Energy Economics, Energy Journal, Environmental and Resource Economics, European Economic Review, Fiscal Studies, International Economic 6

7 Review, International Journal of Economic Theory, Investigaciones Económicas, Journal of Economic Dynamics and Control, Journal of Economics, Journal of the European Economic Association, Journal of Macroeconomics, Mathematical Social Sciences, Moneda y Crédito, Presupuesto y Gasto Público, Recherches Economiques de Louvain, Revista de Economía Aplicada, Scottish Journal of Political Economy, Spanish Economic Review. Referee for ANECA, ANEP, Fundación Ramón Areces, Fundación BBVA and Analistas Económicos de Andalucia. Scholarships and Awards Awarded with 3 Sexenios de Investigación : , and by the Spanish Ministry of Science. I Fundación SEPI Essay Prize to the best paper on the Spanish economy published in IE in to Are There any Special Features in the Spanish Business Cycle? Fellowship of the Government of the Basque Country for the recruiting of Ph.D. s working abroad, EEA Fellowship for the 7th Summer School of the European Economic Association on Computational Methods for the Study of Dynamic Economies, Florence, Postdoctoral Fellowship of the Spanish Ministry of Education, 1995/97 Fellowship of the Fundación Banco Bilbao Vizcaya to attend the conference Industrial Organization and Finance sponsored by the BBV and the CEPR, Fellowship of the Fundación Caja de Madrid to write a Ph.D. Thesis in Economics, 1993/95. Fellowship of the Vicerrectorado de Investigación, Universidad Carlos III for graduate studies at The University of Minnesota, Committees Member of the Selection Committee of the 2009 Concurso-Oposición para Técnicos Comerciales y Economistas del Estado. Member of the Scientific Committee of the ASSET Meeting 2008, Florence. Member of the Selection Committee of the 2008 and 2009 Acreditación a Titular de Universidad for the ANECA, Spanish Ministry of Science. Member of the Scientific Committee of the XXXIII Simposio de Análisis Económico 2008, Zaragoza, the XXXII Simposio de Análisis Económico 2007, Granada, the XXVI Simposio de Análisis Económico 2001, Alicante, and the XXVII Simposio de Análisis Económico 2002, Salamanca. Member of the Committee of Fabrice Collard s Habilitation à Diriger des Recherches 2005, Toulouse. Member of the Selection Committee of the 2003 and 2004 Concurso-Oposición para Técnicos Comerciales y Economistas del Estado. Member of the Scientific Committee of the Young Economists Conference 2000, Oxford. Member of the Scientific Committee of the Econometric Society European Meeting 1998, Berlin. Co-organizer of the I to III REDg-DGEM Workshop, , Santiago and Madrid; the Vintage Modelling Workshop, 2005, Florence; the I and II Economic Dynamics and the Environment Workshop, centra, Sevilla, ; the Madrid Macroeconomics Workshop, , CEMFI, Madrid; and the I to III Vintage Workshop, , ICAE and Res. Estudiantes, Madrid. References 7

8 Professor Javier Díaz-Giménez, (+34) , IESE Business School, Madrid, Spain. Professor Omar Licandro, (+34) , IAE (Institut d Anàlisi Econòmica), CSIC, Barcelona, Spain. Professor Franck Portier, fportier@cict.fr, (+33) , GREMAQ-IDEI- LEERNA, Manufacture des Tabacs, Université des Sciences Sociales, F Toulouse, France. 8