Universidade da Madeira. Rua Penteada January 2012 Funchal - Portugal. Santiago Budría

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1 Universidade da Madeira Curriculum Vitae Rua Penteada January 2012 Funchal - Portugal Santiago Budría Personal data Current Address Departamento de Gestão e Economia Universidade da Madeira Rua Penteada Funchal (Portugal) Contact Office: sbudria@uma.pt, sbudrod@upo.es Education Degree Field Institution Year Ph.D. Economics Universidad de Alicante 2003 M.A. Economics Universidad de Alicante 1998 B. A. Economics Universidad Pompeu Fabra 1996 Major Fields of Concentration Labour and Education Economics, Behavioral Economics, Microeconometrics, Inequality Academic Positions 2004 Assistant Professor, Department of Economics, University of Madeira, Portugal Member and Coordinator of the CEEAplA, a FCT research center financed by the Portuguese Ministry of Science and Higher Education Director of the Master s degree Program in Strategic Management and Tourism, Department of Economics, University of Madeira Assistant Professor, Department of Statistics, University Carlos III, Spain Assistant Professor, Department of Economic Analysis, University of Alicante, Spain

2 Activities in Universities 2010 Member of the Scientific Council, Social Sciences Competence Center in the University of Madeira Member of the Social Sciences Competence Center s Assembly in the University of Madeira Member of the Senate in the University of Madeira Member of the Scientific Council, Department of Economics at the University of Madeira. Visiting Positions 2011 Visiting Researcher, Institut D Anàlise Econòmica - CSIC (May 2011) 2011 Visiting Researcher, Department of Economics, University Autónoma de Madrid (July 2011) 2010 Visiting Researcher, Department of Economics, University of Verona (Spring 2010) 2009 Visiting Professor, Department of Economics, University Pablo Olavide (2 nd semester) Teaching Experience Postgraduate level Microeconometrics (24 hours). Master in Economics and Policy evaluation, University Pablo Olavide de Sevilla. Panel Data Analysis with STATA. Master in International Economics, Universidad Autónoma de Madrid Microeconometrics (24 hours). Master in Economics and Policy evaluation, University Pablo Olavide de Sevilla Microeconometrics (16 hours). Master in Economics and Policy evaluation, University Pablo Olavide de Sevilla Financial Markets (30 hours). Master in Management, University of Madeira Economic Growth (36 hours). Master in Economics, University of Madeira Tourism and Labour Markets. Master in Strategic Management and Tourism, University of Madeira Advanced Macroeconomics (10 hours, assistant). Master in Quantitative Economics, University of Alicante

3 Undergraduate level Microeconomics II and Introduction to the Economic Science Microeconomics II and Introduction to the Economic Science Microeconomics II and Introduction to the Economic Science Microeconomics II, Introduction to the Economic Science and Economics of Education Microeconomics II and Introduction to the Economic Science Econometrics I, Econometrics II and Microeconomics I Econometrics I, Econometrics II and Microeconomics I Econometrics I, Econometrics II and Microeconomics I Econometrics I, Econometrics II Mathematical Programming Macroeconomics II and Macroeconomics IV Macroeconomics III Microeconomics III Microeconomics III and Microeconomics IV Supervision of Master Dissertations 2007 Co-supervisor of the Master s thesis entitled Visitor s Motivation and Behavioural Intention in Madeira Island, by Duarte Gomes. Program: Master in Strategic Management and Tourism (University of Madeira) Co-supervisor of the Master s thesis entitled Leisure activities, well-being and satisfaction, by Marlene Fonseca. Program: Master in Strategic Management and Tourism (University of Madeira) Co-supervisor of the Master s thesis entitled Vocational Training and Productivity in the Hotel Sector, by Ricardo Figueira Faísca. Program: Master in Strategic Management and Tourism (University of Madeira)

4 Participation in Dissertation Committees Student: Vitor Sousa. Dissertation Title: Neurological. Program: Master in Mathemathics (University of Madeira), Student: Luís Pinto Machado. Dissertation Title: Ilha da Madeira: imagem do destino e clientes repetidos. Program: Master in Strategic Management and Tourism (University of Madeira), Student: Jorge Parreira Esteves Pereira. Dissertation Title: A Satisfação no trabalho: uma aplicação ao sector hoteleiro da ilha de S. Miguel. Program: Master in Strategic Management and Tourism (University of Açores), Student: Susana Teles. Dissertation Title: Factores determinantes na definição da estratégia de uma companhia aérea. Program: Master in Strategic Management and Tourism (University of Madeira), Student: Élvio José Sousa Camacho. Dissertation Title: Modelo de avaliação do retorno do investimento da promoção turística na região autónoma da Madeira. Program: Master in Strategic Management and Tourism (University of Madeira), Student: Manuel Alves da Costa. Dissertation Title: O Turismo e o Cidadão Deficiente. Program: Master in Strategic Management and Tourism (University of Madeira), Student: Ricardo Figueira Faísca. Dissertation Title: Formação profissional e produtividade no sector hoteleiro Um problema para o desenvolvimento sustentável da Madeira. Program: Master in Strategic Management and Tourism (University of Madeira), Publications Journal articles Bárcena-Martín, E., S. Budría and Ana I. Moro-Egido, Skill Mismatches and Wages among European University Graduates, forthcoming in Applied Economics Letters. ISI Budría, S., L. Díaz-Serrano, A. Ferrer-i-Carbonell and J. Hartog, Risk Attitude and Wage Growth, forthcoming in Empirical Economics. ISI Budría, S., J.A Lacomba, F. Lagos and P. Swedberg, When obese people are more patient than non-obese people: a study of post-surgery individuals in a weight loss association, forthcoming in Revista Internacional de Sociología. ISI Budría, S. (2012), The Shadow Value of Employer Provided Training, Journal of Economic Psychology 33(3), ISI

5 Budría, S. (2011), Are educational mismatches responsible for the inequality increasing effect of education?, Social Indicators Research 102(3), ISI Budría, S. and P.T Pereira (2011), Educational Qualifications and Wage Inequality: Evidence for Europe, Revista de Economía Aplicada 56(19), ISI Budría, S. (2010), Economic Inequality in Portugal: A Picture in the Beginnings of the 21st century, Journal of Income Distribution 19 (2), Budría, S. (2010), Schooling and the Distribution of Wages in the European Private and Public Sector, Applied Economics 42 (8), ISI Budría, S. (2010), The Socioeconomic Determinants of Economic inequality, Revista Internacional de Sociología, 68 (1), ISI Budría, S. and P.T. Pereira (2009), Subjective Assessment on Vocational Training Activities: A Generalized Ordered Probit Approach, Empirical Research in Vocational Education and Training, 1(2), Budría, S. and P.T. Pereira (2009), Are Vocational Training Programs Truly Effective? Evidence from Self-assessed Data, ICFAI Journal of Training and Development 2(1), Budría, S. and P.T. Pereira (2009), The Contribution of Vocational Training to Employment, Job-related Skills and Productivity: Evidence from Madeira Island, International Journal of Training and Development 13(1), Budría, S. and A. I. Moro-Egido (2009), The Over-education Phenomenon in Europe, Revista Internacional de Sociología 67(2), ISI Budría, S. (2008), An Exploration of Asset Returns in a Production Economy with Relative Habits, Atlantic Economic Journal 36(3), Budría, S. and A. Moro-Egido (2008), Education, Educational mismatch and Wage Inequality: Evidence for Spain, Economics of Education Review 27(3), ISI Budría, S. and J. Díaz-Giménez (2007), Inequality in Spain: the European Community Household Panel Dataset, Spanish Economic Review 9(1), ISI Budría, S. and P.T. Pereira (2007), The Wage Effects of Training in Portugal: Differences across skill groups, genders, sectors, and training types, Applied Economics 39(6), ISI Budría, S., J. Díaz-Giménez, J.V. Ríos-Rull and V. Quadrini (2002), Updated Facts on the US Distributions of Earnings, Income, and Wealth, Quarterly-Review of Economics, Federal Reserve Bank of Minneapolis Vol. 26(3). Book Chapters Budría, S and P. Pereira (2009), Education and Wage Dispersion: New Evidence for Europe, Dolton, P., Asplund, R. and Barth, E. (eds.), Education and Inequality Across Europe, Edward Elgar,

6 Budría, S. (2005), Education and Inequality: Evidence from Spain, Asplund, R. and E. Barth (eds), Education and Wage Inequality in Europe: A literature review. ETLA, Series B209, Helsinki, Budría, S. and C. Nunes (2005), Education and Wage Inequality in Portugal, Asplund, R. and E. Barth (eds), Education and Wage Inequality in Europe: A literature review. ETLA, Series B209, Helsinki, Other publications Budría, S. (2011), Desigualdad Económica en el Nuevo Milenio: el caso de Andalucía, published in El campo de las Artes y las Ciencias en Andalucía, Volumen 2 - Las decisiones económicas a largo plazo en la economía andaluza: emigración, ahorro e inversión, J.I. García-Pérez (ed.), 15-40, Cátedra BBVA-DT Sur de Análisis Económico. Budría, S. and A.Moro-Egido (2008), El Fenómeno de la Sobre-educación en España, Temas Actuales de Economía 2, Editorial experience 2010 Journal of Research in Educational Sciences. Member of the Editorial Advisory Board 2010 ASERS Publishing, Books. Member of the Scientific Board Competitive Research Projects The Neuroeconomics of Alimentary Preferences and Obesity. Financed by Junta de Andalucía ( ). Project Director: Antonio Verdejo García Health Policies, Welfare and Self-regulation (Project ECO /ECON of the Spanish Ministry of Science and Innovation). ( ). Project Director: Nicolás Porteiro Las reformas del sistema de pensiones: aspectos microeconómicos y macroeconómicos. (Project P07.SEJ of the Junta de Andalucía). ( ). Project Director: Juan Antonio Lacomba Education and Wage Inequality in Europe, EDWIN, European Commission project HPSE- CT Project Director: Rita Asplund ( ) month TMR Fellowship at University of Modena, Italy. Project: New Approaches to the Study of Economic Fluctuations (NASEF) Consultancy Projects Assessing the Economic Costs of Blackouts, financed by Electricity Company of Madeira ( ). Project Director: Santiago Budría Road Show for Entrepreneurship. Financed by the Centro de Empresas e Inovação da

7 Madeira CEIM (3.000 ). Project Director: Santiago Budría A Platform for Electricity Demand Forecasting, financed by Electricity Company of Madeira ( ). Project Director: Santiago Budría A Study on the Telecommunications Market in Portugal, financed by ICP-ANACOM ( ). Reviewing Activity Journal of Economic Inequality (2004) Journal of Income Distribution (2005) International Economic Review (2005) Investigaciones Económicas (2006) Economia (2006) Labour Economics (2006) Applied Economics (2006, 2009) Spanish Economic Review (2006, 2008) Southern Economic Journal (2009) International Journal of Training and Development (2009) Empirica (2009) International Journal of Manpower (2010) Education Economics (2010) Economics of Education Review (2011) Journal of Happiness Studies (2011) Conferences and Seminars Exploring the Effects of Habit Formation on RBC facts", at U. de Alicante, 1999; VI Encontro de Xovenes Investigadores, U. de Vigo, 2000; V Macro Workshop on Dynamic Economics, Pazo de Sotomaior, 2000; University of Copenhagen, 6th Meeting of European Economists, "New Facts on the Distribution of Earnings, Income and Wealth: Has Inequality Changed in the Nineties?", University of Venice, Q.E.D Meeting, 2001; U. Pablo Olavide, 2001; VII Encontro de Xovenes Investigadores, U. de Santiago de Compostela, 2001; CSEF, Salerno, 2002; U. de Alicante, "An exploration of Asset Returns under Relative-Habits Preferences ", Second Villa Mondragone Workshop, Frascati, Italy, July 2002; University of Madeira, July 2002; University of Modena, Department of Political Economy, November 2002; U. de Malaga, February 2003; U. del Pais Vasco,

8 February "Risk Aversion and Equity Premium in Economies with Habit Formation, BEMAD (Jornadas Béticas de Economía Dinámica), Malaga, May 2004; Encontro Xovenes Investigadores; Santiago, September 2004; University Carlos III, October 2004; ASSET, Barcelona, November 2004; XXIX Simpósio de Análisis Económico, Pamplona, December "On the Returns to Training in Portugal, SPIE, Lisbon October 2004; EDWIN project internal meeting, Madeira, October Educational Qualifications and Wage Inequality: Evidence for Europe, EDWIN internal meeting, Manheim, June 2004; University of Granada, December 2005; University of Malaga, December 2005, XXX Simposio de Análisis Económico, Murcia 2005; ESEM, August 2006, Viena; EALE, September 2006, Praga; ASSET, November 2006, Lisbon; Simposio de Análisis Económico, December 2006, Oviedo. Overeducation and Wages in Europe: Evidence from Quantile Regression, Pablo Olavide University, January 2007; XI Encuentro de Economía Aplicada, Salamanca, June Can Educational Mismatches Account for the Inequality Increasing Effect of Education?, III Jornadas de Economía de Granada, October 2007; Simposio de Análisis Económico, Granada, December 2007; Scottish Economic Society Conference, April The Shadow Value of Employer Provided Training, University of Verona, Department of Economics Seminar, May 2010; XXXV Simposio de Análisis Económico, Madrid, December Happiness, Deprivation and Social Exclusion, Scottish Economic Society Conference, April 2011, II International Workshop on Applied Economics of Education, Catanzaro (Italy), July 2011, XXXVI Simposio de Análisis Económico, Málaga, December Participant at: I International Workshop on Applied Economics of Education, Catanzaro (Italy), June 2010; Summer Workshop in Development, Alba di Canazei (Italy), August Work in Progress Risk Aversion and Equity Premium in Economies with Habit Formation (with Antonia Díaz) Overeducation and Wages in Europe: Evidence from Quantile Regression (with Ana Moro-Egido) Comparison Income and Rank: A Generalized Ordered Probit Approach Overeducation and Job Satisfaction: Do people adapt? (with Vítor Sousa) Happiness, Deprivation and Social Exclusion (jointly with M. Blázquez) Personality and Overeducation (jointly with M. Blázquez)

9 Languages Mother tongue: Spanish. Fluent: Catalan, English, Portuguese. Working knowledge: Italian.