Isaac Baley

Isaac Baley is an Associate Professor of Economics at Universitat Pompeu Fabra, an Associate Researcher at CREI, and an Affiliated Professor at the Barcelona School of Economics. He is also a Research Affiliate of CEPR. He earned a PhD in Economics from New York University and a Master's in Economic Theory from Instituto Tecnológico Autónomo de México. His research aims to understand how agents behave in environments with microeconomic frictions and the implications of their choices for macroeconomic outcomes. His work spans various topics, including firms’ pricing and investment behavior, monetary policy, international trade, and labour markets. His work has been published in top journals including Econometrica, the Journal of Political Economy, the Review of Economic Studies, and the Economic Journal. He has also been awarded several competitive grants, including the Marie Curie Individual Fellowship and a Starting ERC Grant from the European Commission. Isaac is the author of the book "The Data Economy: Tools and Applications", which he co-wrote with Laura Veldkamp and published by Princeton University Press in 2025. He was previously an economic advisor at the Mexican Ministries of Economics and Finance, where he designed and implemented policies to expand access to financial markets.