Isaac Baley

UPF and BSE

PhD, New York University

Research interests

  • Macroeconomics
  • Information Frictions
  • International Economics
  • Labor Economics
  • Development
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Isaac Baley is Associate Professor of Economics at Universitat Pompeu Fabra, Associated Researcher at CREI, and
Affiliated Professor at the Barcelona School of Economics. He is also a Research Affiliate of CEPR.

He received his PhD in Economics from New York University and a Master in Economic Theory from Instituto Tecnológico Autónomo de México.

His research has the objective to understand how agents behave in environments with information frictions and the implications of these choices for macroeconomic outcomes. His work spans a wide range of topics including firm’s pricing behavior, monetary policy, international trade and labor markets.

Previously he was economic advisor at the Mexican Ministries of Economics and Finance, where he was responsible for designing and implementing policies to expand access to financial markets.

Working Papers

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BSE Working Paper: 1019
February 2018
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BSE Working Paper: 1116
September 2019
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BSE Working Paper: 1151
February 2020
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BSE Working Paper: 1287
September 2021
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BSE Working Paper: 1288
September 2021
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BSE Working Paper: 1312
January 2022
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BSE Working Paper: 1476
January 2025

Publications

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Open Access
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BSE Focus

Visit BSE Focus to read non-technical summaries of papers and projects by Isaac Baley and other BSE researchers.

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Macroeconomics
September 2025
The Hidden Beliefs of Professional Forecasters
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