Vladimir Asriyan Awarded ERC Consolidator Grant

How the Data Revolution Boosted Productivity but Not Welfare

The share of firms that systematically use data to inform their economic decision-making has increased substantially in the past two decades. In Barcelona School of Economics Working Paper 1486, “The Macroeconomics of Data: Scale, Product Choice, and Pricing in the Information Age,” Vladimir Asriyan and Alexandre Kohlhas develop a quantitative-theoretical framework to explore the macroeconomic consequences of the rise in data use by firms.

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Vladimir Asriyan (PhD, UC Berkeley) is an ICREA Research Professor at CREI, and Adjunct Professor at UPF, and an Affiliated Professor of the Barcelona School of Economics. He is also a Research Affiliate at CEPR and a board member of the Armenian Economic Association.

His research lies at the intersection of Macroeconomics and Finance, and its broad objective is to understand how imperfections in the functioning of financial markets impact the macroeconomy and what implications this has for corrective policy.

Professor Asriyan’s research has furthered our understanding of the origins of financial crises and how policymakers should aim to manage these major economic phenomena.

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