Acceptance speech: 17th Frontiers of Knowledge Awards in Economics, Finance and Management

Acceptance speech by Jordi Galí, recipient of the BBVA Foundation Frontiers of Knowledge Award 2024 in Economics, Finance and Management, jointly awarded with Olivier Blanchard and Michael Woodford for their profound influence on modern macroeconomic analysis and for establishing rigorous foundations for the study of business cycle fluctuations.

Galí reflects on the fundamentals of macroeconomic analysis and the models that explain variables such as inflation, economic activity and interest rates, as well as the role of monetary policy in stability, highlighting the importance of solid theoretical frameworks to interpret the global economy and guide decision-making in contexts of uncertainty.