​​​​​Research Economist at Banco de España.
Research Associate at CEMFI. 

PhD in Economics, New York University. 

Fields { Macroeconomics | Economic Growth | Innovation | Firm Dynamics | Labor }

CV { pdf }
Email { pau [dot] roldan [at] bde [dot] es }
​Profiles { Google Scholar | RePEc | ORCID } 

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PUBLICATIONS

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​​​[4] International Trade and Innovation Dynamics with Endogenous Markups
   with Laurent Cavenaile and Tom Schmitz
   The Economic Journal, Vol. 133, No. 651, pages 971-1004, April 2023
   {​ published paper | working paper | Heski Bar-Isaac's haiku }

​​​[3] ​​​Markups and Cost Structure: Small Spanish Firms during the Great Recession
   with Pilar Garcia-Perea and Aitor Lacuesta
​​   Journal of Economic Behavior & Organization, Vol. 192, pages 137-158, December 2021
   { published paper | working paper }

​​​[2] Advertising, Innovation and Economic Growth
   with Laurent Cavenaile
   American Economic Journal: Macroeconomics, Vol. 13, No. 3, pages 251-303, July 2021
   { published paper | working paper }

​​​[1] Firm Dynamics and Pricing under Customer Capital Accumulation 
   with Sonia Gilbukh
   Journal of Monetary Economics, Vol. 118, pages 99-119, March 2021​​
   { published paper | working paper | online appendix }

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WORKING PAPERS

​​[5] ​​New Facts on Consumer Price Rigidity in the Euro Area (September 2023) - Revised version
   with Erwan Gautier, Cristina Conflitti, Riemer P. Faber, Brian Fabo, Ludmila Fadejeva, Valentin Jouvanceau, Jan-Oliver Menz, Teresa Messner, Pavlos Petroulas, Fabio Rumler, Sergio Santoro, Elisabeth Wieland and Hélène Zimmer
   American Economic Journal: Macroeconomics, Conditionally Accepted
   { working paper | data }

[4] A Theory of Dynamic Product Awareness and Targeted Advertising (August 2023)
   with Laurent Cavenaile, Murat Alp Celik and Jesse Perla
   { working paper }

[3] ​​Style Over Substance? Advertising, Innovation, and Endogenous Market Structure (August 2023) 
   with Laurent Cavenaile, Murat Alp Celik and Xu Tian
   { working paper }​

​​​[2] ​The Effects of Startup Acquisitions on Innovation and Economic Growth (January 2023)
   with Christian Fons-Rosen and Tom Schmitz
   { working paper | CEPR DP17752 | VoxEU } 

​​​[1] Dual Labor Markets and the Equilibrium Distribution of Firms (July 2022)
   with Josep Pijoan-Mas
   { working paper | CEPR DP17762 }

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TEACHING

Macroeconomics I (course website)
   CEMFI, Master in Economics and Finance
   { syllabus 2021-2022 | syllabus 2022-2023 }