Contact Information Bank of Spain Tel: (+34) 91

Galo Nuño
(last revision May 2015)
Contact Information
Bank of Spain
International Policy Analysis
Alcala 48, 28014 Madrid
Tel: (+34) 91 338 7043
galo.nuno@bde.es
https://sites.google.com/site/galonunobarrau/
Current Position
2014–present Banco de España, Senior Economist
2007 –present Universidad de Comillas, Associate Professor, Quantitative Finance
Education
2006
2006
2002
2001
M.Sc., MS&E (Economics and Finance), Stanford University, CA
Ph. D., Electrical Engineering, Universidad Politécnica, Madrid
M.Sc., Electrical Engineering, Universidad Politécnica, Madrid
B.Sc., Electrical Engineering, Universidad Politécnica, Madrid
Past Employment
2012 - 2014
2009 –2012
2010 –2011
2006 –2008
2003 –2004
2002 –2003
European Central Bank, Economist
Banco de España, Senior Economist
University of Cagliari, Dept. of Economics, Visiting Professor
BBVA, Research Department, Senior Economist
Boston Consulting Group, Consultant
École Polytechnique de Montréal, Research Assistant
Awards, Scholarships, and Fellowships
2006
2005 –2006
2003
2002
2001 –2002
2001
Outstanding Graduate Prize, Stanford University
La Caixa Fellowship, La Caixa-Stanford University
Prize for Graduate Research Accomplishment, Rafael Escolá Foundation
Prize to the Best Engineering Student, Telefónica Foundation
Fellowship, Asociación Mutualista de Ingenieros Civiles
Outstanding Undergraduate Prize, Universidad Politécnica de Madrid
Journal Articles (Economics)
Quantitative E¤ects of the Shale Oil Revolution
Energy Policy, accepted (with C. Manescu).
Learning from Experience in the Stock Market
Journal of Economic Dynamics and Control, 2015, 52, pp. 224–239 (with A. Nakov).
A Twin Crisis with Multiple Banks of Issue
European Review of Economic History, 2015, 19 (2) (with P. Tedde and A. Moro).
Saudi Arabia and the Oil Market
Economic Journal, 2014, 132 (12), pp. 1333-1362 (with A. Nakov).
Does TFP drive Housing Prices? A Growth Accounting Exercise for Four Countries
Economics Letters, 2012, 115 (2), pp. 221-224 (with A.Moro).
Optimal Research and Development and the Cost of Business Cycles
Journal of Economic Growth, 2011, 16 (3), pp. 257-283
Journal Articles (Engineering)
A New Location Estimation System for Wireless Networks based on Linear
Discriminant Functions and Hidden Markov Models
EURASIP Journal on Applied Signal Processing, 2006, Vol. 1 (2), pp. 215-232 (with J. Páez)
A New Time-Hopping Multiple Access Communication System Simulator: Application to UWB
EURASIP Journal on Applied Signal Processing, 2005, Vol. 1 (3) pp. 346-358 (with J. Páez)
Working Papers
Monetary Policy and Sovereign Debt Vulnerability
(with C. Thomas)
Optimal Control with Heterogeneous Agents in Continuous Time,
(with B. Moll)
Bank Leverage Cycles,
ECB Working Paper 1524, 2013 (with C. Thomas). Revise and resubmit at AEJ: Macro
Chapters in Books
Micro…nance and Immigration
Inmigración, Estado y Derecho.(Ed. M. Balado, Madrid).
Other Writings
Crecimiento a largo plazo y perspectivas demográ…cas en economías avanzadas
Economic Bulletin, Bank of Spain, June 2012, pp. 55-66
The Process of Economic Adjustment after Financial Crises: a Historical Perspective
Economic Bulletin, Bank of Spain, October 2011, pp. 3-17.
Un modelo sencillo de las causas y consecuencias de las variaciones en el precio del petróleo
Boletín Económico, Banco de España, 2010 (2), pp.66-78 (with Nakov)
After Bretton Woods II
BBVA Working Papers 0806, 2008 (with J. L. Escrivá, A. Garcia-Herrero and J. Vial)
¿Bretton Woods 1944 o Londres 1933?
El Cronista. Buenos Aires, 2008.
Conference Presentations, Invited Talks and Seminars
2015 ECB; University of Vigo; ESSIM-CEPR, Tarragona; Barcelona GSE Summer Forum;
2014 International Research Forum Monetary Policy, Federal Reserve Board; T2M, University of Lausanne;
2013
2012
2011
2010
2009
2008
ESSIM-CEPR, Tarragona, Society for Computational Economics, Oslo; CAMP, Oslo; ESRB
Dept. of Maths, La Sapienza; “New Perspectives in Optimal Control and Games” Rome; BBVA
European Economic Association, Gothenburg; “Expectations and Macroeconomics” Bank of Spain;
“Empirical Macroeconomics” Universiteit Gent; Federal Reserve Bank of New York; Bank of Canada
“Monetary Policy and Commodity Prices” ECB; “Oil and the macroeconomy” Banque de France;
“Debt and credit, growth and crises” World Bank and Bank of Spain; URJC; Bank of Spain; BBVA
3rd International Conference Carlo Giannini, Roma; CREI; Universidad Carlos III; IESE;
“Information, Beliefs and Economic Policy” ECB; University of Surrey
Society for Computational Economics, San Francisco; University of Cagliari; ECB;
“Coping with volatile oil and commodities prices” ECB;
ESSIM-CEPR, Tarragona; Dynare Conference, Tuusula; Bank of Portugal;
“International Business Cycles” EABCN, Budapest; ECB;
“Oil prices” Bank of England; CEMLA, Salvador de Bahia; BBVA; ECB;
European Economic Association, Milan; Society for Computational Economics, Paris;
University of Valencia; European Central Bank;
Referee
Journal of the European Economic Association, Journal of Economic Growth,
Economic Journal, European Economic Review, Applied Economics, Empirical Economics,
Hacienda Pública, Energy Journal, Revista de Economía Aplicada, SERIEs,
European Central Bank WP series.
Languages
Fluent in English, Spanish, French and Italian. Basic knowledge of German