Jordi Galí

In 2008, Princeton University Press published Galí's monograph Monetary Policy, Inflation, and the Business Cycle. The book provides an introduction to New Keynesian DSGE models, and analyzes the implications of those models for monetary policy. It is written at a level intended for introductory graduate courses in macroeconomics. A second edition was published in 2015.

In 2005, Galí received the Yrjö Jahnsson Award of the European Economic Association, of which he is also a fellow, in recognition of his work on New Keynesian macroeconomics. He shared the prize with Timothy Besley of the London School of Economics. Thomson Reuters lists him among the 'citation laureates' who are likely future winners of the Nobel Prize in Economics.

Galí's research centers on the causes of business cycles and on optimal monetary policy, especially through the lens of time series analysis. His studies with Richard Clarida and Mark Gertler suggest that monetary policy in many countries today resembles the Taylor rule, whereas the policy makers of the 1970s failed to follow the Taylor rule.

Jordi Galí (born January 4, 1961) is a Spanish macroeconomist who is regarded as one of the main figures in New Keynesian macroeconomics today. He is currently the director of the Centre de Recerca en Economia Internacional (CREI, the Center for Research in International Economics) at Universitat Pompeu Fabra and a Research Professor at the Barcelona Graduate School of Economics. After obtaining his doctorate from MIT in 1989 under the supervision of Olivier Blanchard, he held faculty positions at Columbia University and New York University before moving to Barcelona.