DEPARTAMENTO DE TEORÍA E HISTORIA ECONÓMICA                          HENRY ARAY

 

 

 

  EDUCATION

          PhD in Economics, 2006. University of the Basque Country. Bilbao, Spain. Research fields: International Economics and Financial Economics. Thesis Advisors: Javier Gardeazabal and Miguel Ángel Martínez.

          Master in Economics, 2000. University of the Basque Country. Bilbao, Spain. Majors: Macroeconomics and Macroeconometrics.

          Bachelor degree in Economics, 1995. Central University of Venezuela. Caracas, Venezuela.     

HONORS, AWARDS AND SCHOLARSHIPS

          Young Economist Award at the conference of the European Association for Research in Industrial Economics (EARIE) 2004.

          Awarded with the financial support of the Venezuelan Fundation “Gran Mariscal de Ayacucho”. 1997-2002.

          PhD Scholarship by the University of Basque Country.

          Fourth place among 74 students at completing the bachelor degree.

          Selected as one of the 100 best Venezuelan students of the bachelor in economics in 1994.

          Bachelor Scholarship by the Central University of Venezuela. 1990-1993.

CONFERENCES

“XXXIV Simposio de la Asociación Española de Economía (SAEe)”. Valencia-Spain. December 2009.

“Conference on Meditarranean Studies”. ATINER. Athens-Greece. April 2009.

“Jornadas de Docencia en Economía”. Universidad de Granada. Granada-Spain. April 2009.

“XXXIII Simposio de Análisis Económico”. Zaragoza-Spain. December 2008.

“Jornadas sobre la Nueva Economía: Tecnologías de la Información y Comunicación”. Malaga-Spain. Octuber 2008.

“XXXII Simposio de Análisis Económico”. Granada-Spain. December 2007.

“XVI International Tor Vergata Conference on Banking and Finance”. Rome-Italy. December 2007.

“International Mobility: Causes and Consequences”. Warsaw School of Economics. Warsaw-Poland. Octuber 2007.

“V Workshop on Macroeconomics: Exchange Rate, Trade and Growth ”. Centro de Estudios Andaluces. Sevilla-Spain. Octuber 2006.

“Job Market Seminar of the Deparment of Economic Theory”. University of Granada. Granada-Spain. June 2006.

“Seminar of the Business Department”. University of Albacete. Albacete- Spain. January 2006.

“XXX Simposium on Economic Analysis ”. University of Murcia. Murcia-Spain. December 2005.

“International Conference of Finance ”. Copenhagen-Denmark. September 2005.

“XXI Jornadas de Economía Industrial ”. Bilbao-Spain. September 2005.

“European Financial Management Association (EFMA) Meetings ”. Milan-Italy. June 2005.

“XXXI EARIE Conference ”. Berlin-Germany. September 2004.

“Brown Bag Seminar”. University of the Basque Country. Bilbao-Spain. March 2004.

“Conference on Venezuelan Economy ” . Institute for Social Studies. Bilbao-Spain. May 2002

“XXVI Simposium on Economic Analysis ”. University of  Alicante-AEFIN. Alicante-Spain. December 2001.

“VII Simposium on International Economics and Finance”. University of  Málaga-AEFIN. Málaga-Spain. June 2001.

“IV Meeting of Applied Economics”. Revista de Economía Aplicada. Reus-Spain. June 2001.

“VIII Forum on Finance”. University Carlos III of Madrid-AEFIN. Madrid-Spain. October 2000.

“III Forum on Financial Economics”. BBVA-University of the Basque Country. Bilbao-Spain. June 1998.

“Inflationary Experiences in Latin America”. Central Bank of Venezuela. Caracas-Venezuela. November 1995.

“III Conference of  Economics”. University Catholic Andrés Bello. Caracas-Venezuela. May 1994.

 

SEMINARS AND COURSES

“Credit Risk”. University of the Basque Country. Bilbao-Spain. November 1999. 10 hours.

“Solving Rational Expectative Models”. University of the Basque Country.Bilbao-Spain. October 1998. 18 hours.

“Derivates Market in Venezuela”. (MEFF)-Comisión Nacional de Valores.Caracas -Venezuela. April 1997. 16 hours.

“Writing Tecnic Reports”. EIDOS: Informática y Educación C.A. Caracas-Venezuela. December 1997. 16 hours.

“Analysis of Banking Risk”. Venezuelan Institute of Finance. Caracas-Venezuela. March 1996. 8 hours.

 

LANGUAGES AND COMPUTER SKILLS

Spanish (Mother tongue); English (Good); Italian (Good).

Windows, Microsoft Office, statistical and econometric softwares (RATS, GAUSS, SPSS), Scientific Workplace.

 

TEACHING EXPERIENCE

UNIVERSITY OF GRANADA. Granada-Spain.

Assistant Professor of Macroeconomics, Microeconomics. Oct’06 up to date.

UNIVERSITY OF THE BASQUE COUNTRY. Bilbao-Spain.

Professor of Macroeconomics, Microeconomics  and Industrial Organization. Sep’03-Jul’06.

INSTITUTE OF MARKETING OF THE BASQUE COUNTRY. Bilbao-Spain.

Part-time Professor of Statistics, Macroeconomics, International Economics. Feb’02-Sep’04.

UNIVERSITY SANTA MARIA. Caracas-Venezuela.

Part-time Professor of Microeconomics. Oct’96 – Feb’97

CENTRAL UNIVERSITY OF VENEZUELA. Caracas-Venezuela.

Teaching Assistant of International Economics. Oct’94 – Jul’95

 

PUBLICATIONS

            JOURNALS

          “The January Effect across Volatility Regimes”, with B. Agnani. Forthcoming in Quantitative Finance.

          “Going Multinational under Exchange Rate Uncertainty”, with J. Gardeazabal. Forthcoming in Journal of International Money and Finance.

          “Subsidies and Awards in Movie Production”, with B. Agnani. Forthcoming in Applied Economics Letters.

          “International Monopoly under Uncertainty”. International Journal of Economics(2) No 1, 2008.

          “Producción Cinematográfica en España: ¿Existe un Efecto Oscar?”, with L.M García. Cuadernos de Economía de la Cultura. 2008. Nº 9.

 

BOOKS

          Impacto Económico de la Universidad de Granada en su Entorno. Chapter: Impacto Económico de la Universidad de Granada en el Mercado Laboral. Editor. Teodoro Luque Martínez.

          La pedagogía como herramienta de asimilación de conocimiento. ISBN 849268026-1.

 

WORKING PAPERS

          “And the Oscar goes to ……Peeeeedrooooo!”. ThE Papers 07/03. University of Granada. Submitted to Journal of Media Economics. 

          “Effects of Macroeconomic Announcements on Stock Returns across Volatility Regimes”. Revise and resubmit in Economics Notes.

          “Political Parties, Two-Level Governance and Economic Growth”.  Revised and resubmitted to Journal of Regional Sciences.

          “The Latin American and Spanish Stock Markets. ThE Papers 06/12. University of Granada. Submitted to International Journal of Financial Markets and Derivatives.

          “Macroeconomic Announcements and Individual Stock Returns”. In progress.

          “Calendar Effects on Stock Returns across Multiple States”. In progress.

          “Dutch Disease: a Real Option Approach”. In progress.

 

VISITING POSITIONS

          Department of Economics. University of Leicester. Leicester-United Kingdom. June-September 2009.

          Departamento de Fundamentos del Análisis Económico II. University of the Basque Country. Bilbao-Spain. September 2008.

          Departamento de Fundamentos del Análisis Económico II. University of the Basque Country. Bilbao-Spain. March 2008.

RESEARCH PROJECTS

          “Group on Macroeconomics” Nº 9/UPV 00035.321-13511/2001. Jan’01 - Dec’ 2005.

          “Social Preferences: Altruism, Public Good and Social Networks. Nº SEJ2007-62081/ECON. 2008-2010.

          “Discrimination by Gender, Race and Physical Attributes: Applications to the Labour Market ”. Nº SEJ-2547. 2008-2010.

          “ Teaching Innovation”. 2007-2008

          “Group on Economic Analysis (GAMMA)”. Nº SEJ 340. 2007-2008.

          “Political Desagreements and Growth” Nº PRY112/08. Centro de Estudios Andaluces-Junta de Andalucia. Jan’08 - Dec’08.

 

PROFESSIONAL EXPERIENCE

CENTRAL BANK OF VENEZUELA. Caracas, Venezuela                                                                                                             

Department of Analysis of Financial Institutions. Financial Analyst.  Full time. Jan. ‘96-Aug. ’97.

Aim: analysis of the banking system performance in order to support decisions on monetary policy. Main tasks: 

          Constructed indicators to rank the banking institutions.

          Developed methodologies to survey the performance of the Venezuelan Banking Sector.

          In charge to present biannual and quarterly reports on the behavior of the Venezuelan Banking Sector.

          Portfolio Adviser of Public Institutions.

Department of Macroeconomic Accounts.  Economic Assistant. Full time. Oct. ‘93-Jan. ’96.

Aim: to construct the macroeconomic aggregated variables, both supply and demand sides. Main tasks:

          Collaborated in short term projects of National Accounts: Quarterly and monthly GDP.

          In charge to construct the accounts of agricultural and electric public sectors and miner private sector.

          In charge to supply statistics about National Accounts to international institutions (IMF, World Bank, etc.).

 

ADDITIONAL INFORMATION

 

          Referee services: Applied Economics, Applied Financial Economics, Spanish Economic Review, Cuadernos de Economía.

          Coordinator of the Erasmus Program.

          Member of the Council of the Department of Econometrics, University of the Basque Country 2002-2003.

          Member of the Spanish Economic Association.

          Member of the local committee of the XXXII SAE (2007), First Spring Economic Workshop and Jornadas de Docencia en Economía.

          Member of the Committee of the Doctoral Program “Empirical Economics” of the University of Granada. 2007-2009.

          Discussant of the working papers:

“The Diffusion of Celullar Telephony in Portugal before UMTS: A Time Series Approach”.

Pedro Pereira  (Autoridade da Concorrência, Portugal) and José C. Pernías-Cerrillo (Universidad Jaume I, Spain).“XXI Jornadas de Economía Industrial ”. Bilbao-Spain. September 2005.

“EU financial integration: Is there a ‘core Europe ’?- Evidence from a cluster-based approach”.

T. Kiehlborn (Goeth-University Frankfurt) and M. Mietzner (Wilhelms-University Münster).

“European Financial Management Association Meetings ”. Milan-Italy. June 2005.