Dr. Paloma Lopez-Garcia Curriculum Vitae (November 2012)



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Dr. Paloma Lopez-Garcia Curriculum Vitae (November 2012) Current position: Senior Economist Central Bank of Spain Eurosystem Research Department Economic Analysis and Forecasting Contact: Alcalá 48, 28014 Madrid, Spain Email: paloma.lopez-garcia@bde.es Tel.: +34 91 3385737 http://www.bde.es/investigador/staff/82.htm APPOINTMENTS 2004 - present Central Bank of Spain Eurosystem. Senior Economist Research Department. Economic Analysis and Econ. Forecasting 2003-2004 Instituto de Empresa Business School. Research Professor Entrepreneurial Studies Area 2004 World Bank. Short-term consultant Co-author of the book Enhancing job opportunities : Eastern Europe and the former Soviet Union (Eds.) Jan J. Rutkowski and Stefano Scarpetta, World Bank (Washington) 2001-2002 CESIFO (Munich). Research Fellow 1999-2001 London Business School. Analyst Global Entrepreneurship Monitor, coordination team 1997-1999 London School of Economics. Part-time Teacher Department of Economics and LSE Economics Summer School Evaluated by students best LSE Economics Department class-teacher (1998-1999) 1997-2002 London School of Economics. Research Assistant Prof. C. Pissarides, Centre for Economic Performance EDUCATION 2003 Ph.D. in Economics. London School of Economics Department of Economics Supervisor: Professor C. Pissarides, 2010 Nobel Laureate in Economics Title of Thesis: Entrepreneurial Activity and Aggregate Employment Performance: Theory and OECD Evidence

1996-1997 Master of Arts in Economics. Université Catholique de Louvain Department of Economics (Louvain-La-Neuve) First year of the European Doctoral Program in Quantitative Economics Awarded with Grande Distinction 1995-1996 Graduate Exchange Studies. Georgetown University (Washington DC) Department of Economics 1990-1995 Undergraduate Studies. Universidad Autónoma de Madrid (Spain) Department of Economics and Business Sciences Economics (major) and Economic Theory (minor) Graduated among the top 5 percent Elected students representative, 1993-1995 ACADEMIC HONOURS 1999-2003 Full Doctoral Scholarship. Central Bank of Spain 2000 Visiting Research Fellowship. European University Institute (Florence) 1998-1999 Teaching Assistantship. London School of Economics 1997-1998 Socrates Scholarship. European Union 1995-1996 Full Exchange Scholarship. Georgetown University (Washington D.C.) PUBLICATIONS IN REFEREED JOURNALS AND WORKING PAPERS 2012 Why are Spanish small firms less productive than their European counterparts?, with Cristina Fernández. Work in progress 2012 What makes a high-growth firm in Spain? A dynamic probit analysis using firmlevel data, with Sergio Puente. Small Business Economics Volume 39 (4): 1029-1041 Published also as: What makes a high-growth firm? A probit analysis using Spanish firm-level data. Documento de trabajo del Banco de España N.º 0920. 2012 Business Cycles and Investment in Intangibles: Evidence from Spanish Firms, with J.M. Montero and E. Moral. Documento de trabajo del Banco de España N.º 1219.

2011 Spillovers and absorptive capacity in the decision to innovate of Spanish firms: The role of human capital, with José Manuel Montero. Forthcoming in Economics of Innovation and New Technology 2009 Employment generation by small firms in Spain, with Sergio Puente and Ángel Luis Gómez. Documento Ocasional del Banco de España N.º 0903. 2009 Business Environment and Labor Market Outcomes in Europe and Central Asian Countries Journal of Entrepreneurial Finance and Business Ventures, 12(4): 35-67 Published also as: Business environment and labor market outcomes in Europe and Central Asia countries Policy Research Working Paper Series 3885, The World Bank. 2007 Firm Productivity Dynamics in Spain, with Sergio Puente. Documento de Trabajo del Banco de España N.º 0739. 2006 Competition, Productivity and Prices in the Euro Area Service Sector Task Force of the Monetary Policy Committee of the European System of Central Banks. ECB Occasional Paper Series N.º 44 2006 Business demography in Spain: Determinants of Firm Survival, with Sergio Puente. Documento de Trabajo del Banco de España N.º 0608. 2005 Global Entrepreneurship Monitor: Data Collection Design and Implementation 1998-2003, with Paul Reynolds et al. Small Business Economics, Vol. 24: 205-231. 2004 Global entrepreneurship Monitor, Informe España 2003, with Alicia Coduras, Rachida justo and Ignacio de la Vega. Instituto de Empresa and Grupo Najeti, Madrid 2004 The Labour Market in Spain: Analysis and Reforms, with Manuel Escudero, Juan Francisco Jimeno and Gayle Allard. Fundación Tinker and Instituto de Empresa, Madrid 2002 Start-up Costs and Labour Market Performance: OECD Evidence CESIFO Discussion Paper 849 Centre for Economic Performance Discussion Paper 565 2001 Entrepreneurship, Start-up Costs and Employment, with Fonseca, R. and C. Pissarides. European Economic Review. Papers and Proceedings of the 15 th Annual Congress of the European Economic Association, Vol. 45(4-6): 692-705. 2001 Bankruptcy Costs and Entrepreneurial Activity, Mimeo. 2001 The Global Entrepreneurship Monitor (GEM) Model for Economic Growth: A Study of Venture Capital in 19 Nations, with Bygrave, W., Hay, M. y Reynolds, P.D. Frontiers for Entrepreneurship Research 2001 (e-journal).

2001, 2002 Global Entrepreneurship Monitor: Data Collection-Analysis Strategies Operations Manual, with Autio, E., Hunt, S. Rauch, A. and Reynolds, P. D. Babson College and London Business School 2000 Daring to invest in job-creation? The impact of risk-aversion on unemployment Centre for Economic Performance, Discussion Paper 1094. BOOK CHAPTERS 2012 Comportamiento cíclico de la I+D en las empresas españolas, with J.M. Montero and E. Moral Modelo productivo y retos de la empresa española: productividad, competencia e innovación, (eds) Juan Fernández de Guevara. Fundación BBVA (forthcoming) 2007 A Comparison of the Determinants of survival of Spanish Firms across Economic Sectors, with Sergio Puente. Entrepreneurship, Industrial Location and Economic Growth, (eds). J.M. Arauzo- Carod y M.C. Manjon-Antolin. Cheltenham: Edwar Elgar, 2007.- p. 161-183. 2007 Aplicación de los registros mercantiles al análisis de la dinámica empresarial en España, with Sergio Puente. El papel de los registros administrativos en el análisis social y económico y el desarrollo del sistema estadístico, (eds) Carmen Marcos García. 2005 The investment climate and job creation Enhancing job opportunities: Eastern Europe and the former Soviet Union, (eds) Jan J. Rutkowski and Stefano Scarpetta. - Washington : World Bank, 2005. - p. 155-191 ECONOMIC BULLETIN OF THE CENTRAL BANK OF SPAIN 2012 El ciclo económico y la inversión en intangibles de las empresas españolas, with José Manuel Montero and Enrique Moral. Boletín Económico del Banco de España junio 2012, p. 49-54. 2010 La innovación en España: el papel de la difusión tecnológica y la capacidad de absorción de las empresas, with José Manuel Montero. Boletín Económico del Banco de España julio-agosto 2010, p. 95-107. 2009 Determinantes y características de las empresas de alto crecimiento en España, with Sergio Puente. Boletín Económico del Banco de España octubre 2009, p. 105-112. 2009 La creación de empleo de las empresas pequeñas en España, with Sergio Puente and A.L. Gomez. Boletín Económico del Banco de España abril 2009, p. 81-90.

2008 Una primera estimación del impacto económico de una reducción de las cargas administrativas en España, with Ángel Estrada and Carlos Thomas. Boletín Económico del Banco de España octubre 2009, p. 81-92. 2006 Una valoración de las políticas de innovación europeas, with J.M. Gonzalez Minguez. Boletín Económico del Banco de España noviembre 2006, p. 107-123. 2006 Algunos rasgos de la supervivencia de empresas en España, with Sergio Puente. Boletín Económico del Banco de España abril 2006, p. 75-84. 2005 El relanzamiento de la estrategia de Lisboa, with J.M. Gonzalez Minguez. Boletín Económico del Banco de España abril 2005, p. 73-91. REFEREED CONFERENCES 2012 CompNet Workshop (Frankfurt am Main) Paper presented: "Why are small Spanish firms less productive than their European counterparts?" 2012 XXXVII Simposio de la Asociación Española de Economía (Valencia) 2012 Workshop on high-growth firms and innovation (Tarragona) 2012 Comparative Analysis of Enterprise Data (Nuremberg) 2011 Conference on Corporate R&D (Seville) 2011 Workshop on high-growth firms (Stockholm) Paper presented: "What makes a High Growth firm in Spain? A dynamic probit analysis using firm-level 2010 Comparative Analysis of Enterprise Data (London) Paper presented: Understanding the Spanish Business Innovation Gap: The Role of Spillovers and Firms' Absorptive Capacity 2010 25 th Annual Congress of the European Economic Association (Glasgow) Paper presented: Understanding the Spanish Business Innovation Gap: The Role of Spillovers and Firms' Absorptive Capacity

2010 Zvi Griliches Research Summer School in the Economics of Innovation (Barcelona) Paper presented: Understanding the Spanish Business Innovation Gap: The Role of Spillovers and Firms' Absorptive Capacity 2010 Conference on Corporate R&D (Seville) Paper presented: "Understanding the Spanish Innovation Gap: The Role of Spillovers and Absorptive Capacity 2009 Small and Medium Sized Enterprises in European Economies and all over the World. (Cluj-Napoca) Paper presented: "What makes a High Growth firm in Spain? A Probit Analysis using Firm-Level Data" and "Employment Generation by Small Producers in Spain" 2009 XXXIV Simposio de la Asociación Española de Economía (Valencia) Paper presented: "What makes a High Growth firm in Spain? A Probit Analysis using Firm-Level Data" 2009 European Association of Labour Economists (EALE) (Tallín) Paper presented: Employment generation by small producers in Spain 2009 Comparative Analysis of Enterprise Data (Tokyo) Paper presented: "What makes a High Growth firm in Spain? A Probit Analysis using Firm-Level Data" 2006 Comparative Analysis of Enterprise Data (Chicago) Paper presented: Business Demography in Spain: Determinants of Firm Survival 2005 Firm demography and Industrial Location Workshop (Reus) Paper Presented: Business Demography in Spain: Determinants of Firm Survival 2003 18 th Annual Congress of the European Economic Association (Stockholm) Paper presented: Start-Up Costs and Labour Market Performance: OECD Evidence 2003 15 th Annual Conference of the European Association of Labour Economists (Seville) Paper presented: Start-Up Costs and Labour Market Performance: OECD Evidence 2003 15 th Annual Congress of the European Economic Association (Bolzano) Paper presented: Entrepreneurship, Start-up costs and Employment 2001 15 th Annual Congress of the European Economic Association (Bolzano) Paper presented: Daring to invest in job creation? The impact of risk-aversion on unemployment 2001 XXI Simposio de Análisis Económico (Alicante) Paper presented: Bankruptcy Cost and Entrepreneurial Activity

OTHER Referee of journals: Economics of Innovation and New Technology Network Participation: Competitiveness Network (ECB and NCBS) Working Party Nº1 (OECD) Languages: Hobbies: Spanish (native), English (fluent), German (high) Spend time with my 5-year old twins; opera; reading