XAVIER FREIXAS DARGALLOEconomics 2018
(Barcelona, 69 years old) PhD in Economics from the University of Toulouse and a degree in Mathematics and Economics from the University of Toulouse. He is currently director of the Department and Professor of Financial Economics and Accounting at Pompeu Fabra University.His research has focused on banking, with special emphasis on understanding the role of banks in the process of allocating resources, systemic risk, the function and efficiency of the interbank market, and banking and financial regulation.Fallo del jurado
The jury of the Rei Jaume I Award Economics recognizes Xavier Freixas as one of the world’s leading experts in financial economics, and especially in micro and macroeconomics of the banking system.
His seminal book “Banking Economy”, written jointly with Jean-Charles Rochet, has become the reference work in the area.
The work establishes the basis of Professor Freixas’ work on systemic risk and financial regulation, which has had a great influence both in the academic world and in regulatory practice, especially in the context of the financial crisis.
Professor Freixas has been one of the first and main promoters of the study of information asymmetries in the credit market, and has highlighted the role of banks in the evaluation and monitoring of companies and individuals to whom they grant credit.
He has studied, both from a theoretical and empirical perspective, systemic risk and financial contagion, with particular attention to the role of central banks as liquidity providers and lenders of last resort.