Jordi
Gual

Professor of Economics

• Ph.D. in Economics, University of California-Berkeley
• Doctor of Economic and Business Science, Universitat de Barcelona

Jordi Gual is Chairman of CaixaBank and Professor of Economics at the IESE Business School.

He holds a PhD in Economics (1987) from the University of California at Berkeley and is a Research Fellow at the Centre for Economic Policy Research (CEPR) in London.

He currently sits on the board of directors of Telefónica and on the Supervisory Board of Erste Group Bank. He is also, Vice President of Círculo de Economía and the Cotec Foundation for Innovation, and he serves on the boards of CEDE Foundation, Real Instituto Elcano and Barcelona Mobile World Capital Foundation.

Prior to his appointment as Chairman of CaixaBank, he was Chief Economist and Head of Strategic Planning and Research at CaixaBank and Director-General of Planning and Strategic Development at CriteriaCaixa. Jordi Gual joined the “la Caixa” Group in 2005. He has been a member of the Board of Directors of Repsol, also of the Advisory Council of Oxera; and served as an Economic Advisor for the European Commission’s Directorate-General for Economic and Financial Affairs in Brussels. He was member of the International Advisory Council of “la Caixa” Group, the Advisory Committee for Economic Recovery and Growth (CAREC) of the Generalitat de Catalunya and visiting professor at the University of California, Berkeley, the Université Libre de Bruxelles and the Barcelona Graduate School of Economics.

His work on banking, European integration, regulation and competition policy has been widely published.

In 2019 he was awarded with the gold badge of Spanish Institute of Financial Analysts (IEAF). In 1999 he was awarded the Research Prize of the European Investment Bank and in 1979 the Extraordinary Award for his degree in Economics and Business. He has also been a Fulbright Scholar (1982-84).

Areas of interest

* Industrial organization (telecommunications, banking, digital markets)
* Regulation and competition policy
* European integration
* Macroeconomics and Finance

Publications

Journal Articles (refereed)

MAS, N., GUAL, J. (2011). Industry Characteristics and Anti-Competitive Behavior. Evidence from the European Commission's Decisions. Review of Industrial Organization, 39 (3), 207 - 230. doi:10.1007/s11151-011-9290-z.
GUAL, J., TRILLAS, F. (2006). Telecommunications policies: Measurement and determinants. Review of Network Economics, 5 (2), 249 - 272.
GUAL, J. (2003). Regulatory change in network industries: The Spanish experience. Journal of Network Industries, 4 (1), 60 - 81.
GUAL, J., JÓDAR, S. (2001). Política de competencia en el sector de las tecnologías de la información. Economía Industrial (339), 61 - 74.
GUAL, J. (1999). Deregulation, Integration, and Market Structure in European Banking. Journal of the Japanese and International Economies, 13, 372 - 396. doi:10.1006/jjie.1999.0428.
GUAL, J., WAVERMAN, L. (1998). The liberalization of telecommunications in the EU: Managing the Transition. Business Strategy Review, 9 (3), 67 - 71. doi:10.1111/1467-8616.00076.
GUAL, J., HERNÁNDEZ, A. (1993). La competitividad sectorial y la industria española. Economía Industrial (291), 143 - 161.
GUAL, J. (1987). La industria del automóvil y las políticas de integración de mercado en la Comunidad Europea. Economía Industrial (258), 89 - 102.

Working Papers

GUAL, J., MAS, N. (2010). European Commission decisions on anti-competitive behavior (DI-846-E).
GUAL, J. (2007). Time to rethink merger policy? (DI-694-E).
GUAL, J., MAS, N. (2007). Industry characteristics and anti-competitive behavior: Evidence from the EU (DI-687-E).
GUAL, J., TRILLAS, F. (2006). Telecommunications policies: Measurement and determinants (DI-630-E).
GUAL, J. (2003). Market definition in the telecoms industry (DI-517-E).

Articles in other publications

TORRENS, L., GUAL, J. (2005). El riesgo de deslocalización industrial en España ante la ampliación de la Unión Europea. Papeles de Economía Española (103), pp. 173 - 186.
GUAL, J., TORRENS, L. (2004). La competitivitat de la indústria catalana. Revista Económica de Catalunya (49-50), pp. 83 - 100.
GUAL, J. (2004). L'Impacte econòmic de l'ampliació de la Unió Europea. Barcelona Metròpolis Meditarrània Monogràfic (5), pp. 22 - 26.
GUAL, J. (2003). Claves de la transformación del sector telecomunicaciones. Crisis de una industria. TELOS: Cuadernos de Comunicación, Tecnología y Sociedad (55).
GUAL, J. (2002). Regulation and the development of electronic communications in Europe. INFO, 4 (3), pp. 42 - 49.

Books

GUAL, J., TORRENS, L. (2004). La indústria catalana davant l'ampliació europea. Barcelona: Generalitat de Catalunya. Departament de Treball i Industria.
GUAL, J. (2003). Building a dynamic Europe. The key policy debates. Cambridge: Cambridge University Press.
GUAL, J., RICART, J. E. (2001). Estrategias empresariales en telecomunicaciones e Internet. Madrid: Fundación Retevisión.
GUAL, J., BERGMAN, L., DOYLE, C., ET AL., VAITILINGAM, R. (1998). Europes network industries: Conflicting priorities. Telecommunications. London: Centre for Economic Policy Research.
GUAL, J. (1994). La racionalización del sector bancario en España. Bilbao: Fundación BBV.

Edited books

ARGANDOÑA, A., GUAL, J. (2003). The social dimensions of employment. Institutional reforms in labour markets. Aldershot, UK: Edward Elgar.
GUAL, J. (2001). Empleo y nuevas tecnologías. Cómo las nuevas tecnologías transforman el mundo del trabajo. Barcelona: Estudios y Ediciones IESE.
GUAL, J., RICART, J. E. (2001). Strategy, organization and the changing nature of work. Cheltenham: Edward Elgar Publishing.

Book Chapters

JÓDAR, S., GUAL, J. (2014). La prociclicidad del sistema financiero tras las reformas. En Alberto Placencia Porrero (Director) (Ed.), Nuevos desafíos del sector financiero: recuperando la confianza y mejorando la cultura financiera (pp. 65 - 84). Madrid: Fundación de Estudios Financieros.
GUAL, J. (2005). Instituciones para la defensa de la competencia en España: Organización, medios y eficiencia. En Santiago Martínez-Lage, Amadeo Petitbó Juan (Eds.), La modernización del derecho de la competencia en España y la Unión Europea (pp. 367 - 378). Madrid: Fundación Rafael del Pino : Marcial Pons, ediciones Jurídicas y Sociales, S.A.
GUAL, J. (2004). ¿Puede Europa competir con el gigante americano? La importancia del mercado interior. En Antonio Argandoña, Manuel Balmaseda, Isla Carbajo, [et. al] (Eds.), Europa-Estados Unidos: flexibilidad, crecimiento y bienestar (pp. 137 - 152). Círculo de Empresarios.
GUAL, J. (2003). La necesidad de un nuevo impulso reformista en España. En Argandoña, Antonio Balmaseda, Manuel Carbajo Isla [et al.] (Eds.), España - Europa: distintas alternativas para el crecimiento (pp. 95 - 109). Círculo de Empresarios.
GUAL, J., RICART, J. E. (2001). Introduction: Strategy, organization and the changing nature of work. In Gual Solé, Jordi; Ricart Costa, Joan Enric (Eds.), Strategy, organization and the changing nature of work (pp. 1 - 4). Aldershot, UK: Edward Elgar.

Studies

GUAL, J., TORRENS, L. (2005). La competitivitat de la industria catalana.
TORRENS, L., GUAL, J. (2005). El riesgo de deslocalización industrial en España ante la ampliación de la Unión Europea.

Cases

STROUMINA, M., GUAL, J. (2005). Bulgaria: On the Road to EU Membership. IESE, ECON-416-E.
LÓPEZ, A., GUAL, J. (2004). Ireland: The Celtic Tiger. IESE, ECON-415-E.
LÓPEZ, A., GUAL, J. (2004). Irlanda: El Tigre Europeo. IESE, ECON-415.
JÓDAR, S., GUAL, J. (2004). La fusión digital (B). IESE, ECON-414.
JÓDAR, S., GUAL, J. (2004). The Digital Merger (B). IESE, ECON-414-E.

Technical Notes

GUAL, J. (1999). Principales bases de datos y fuentes de información macroeconómica disponibles en internet. IESE, ASEN-218.
GUAL, J. (1999). Macroeconomic analysis and data on tne internet. IESE, ASEN-218-E.
GUAL, J. (1998). La oferta agregada y el mercado de trabajo. IESE, ASEN-203.
GUAL, J. (1998). The Supply Side of the Economy in the Short Run: The Labour Market and the Aggregate Supply. IESE, ASEN-203-E.
GUAL, J., VIDELA, P. (1998). Inflación y paro. IESE, ASEN-205.