Antonia Díaz

Associate Professor (On leave)
Microeconomics, Theory of Growth, Heterogeneous Agents, Friction Research, Housing and Energy
+34 91 624 5733 Office: 15.1.09
Personal website - Social Media - Currículum Vitae


Antonia Díaz, PhD in Economics from the University of Minnesota, is Associate Professor acreditted for Full Professorship at the Carlos III University of Madrid. His research covers topics related to wealth and income distribution with a special focus on housing. She is a Full Professor at UC3M and accredited to be Full Professor. His research focuses on issues of income and wealth distribution with special emphasis on the housing market. She is also interested in growth and missallocation, as well as in the sustainability of energy, innovation and growth.

Main Publications

Díaz, A. & Franjo, L. "Capital goods, measured TFP and growth: The case of Spain," European Economic Review, Elsevier, vol. 83(C), pages 19-39. 2016

Díaz, A. & Jerez, B. "House Prices, Sales, And Time On The Market: A SearchTheoretic Framework," International Economic Review, vol. 54, pages 837-872, 08. 2013

Díaz. A., and Luengo-Prado, M.J. "The Wealth Distribution With Durable Goods," International Economic Review, vol. 51(1), pages 143-170, 02. 2010

Recent Research

"Housing Prices and Credit Constraints in Competitive Search" (NEW!!)

This paper explores how search and matching frictions interact with idiosyncratic risk to amplify aggregate affects of easing financial conditions. (Coauthored with Belén Jerez and Juan Pablo Rincón Zapatero).

  • Working paper, PDF
"Economic Growth, Energy Intensity and the Energy Mix"

This paper explores how changes in energy intensity and the switch to renewables can boost economic growth. (Coauthored with Gustavo Marrero, Luis A. Puch and Jesús Rodríguez)

Accepted in Energy Economics. Versions:

  • Journal version, PDF
  • Working paper, PDF
"Investment, Technological Progress and Energy Efficiency"

The choice of Energy Saving Technical Change depends on energy prices and the pace of Investment Specific Technical Change. According to our theory, Investment Specific Technical Innovations may bring simultaneously an acceleration in Energy Saving Technical Change and a rebound effect in aggregate energy demand. (Coauthored with Luis A. Puch)


Undergraduate classes: Growth Theory, Intermediate Macro. Graduate classes: Macroeconomics Theory, Housing in the Macroeconomy, Growth Theory.