Belén Jerez

Full Professor (On leave)
General Theory of Equilibrium, Asymmetric Information and Macroeconomics
+34 91 624 9633 Office: 15.2.51
Personal website - Currículum Vitae


Belén Jerez joins the Economics Department at the Carlos III University of Madrid in September 2002. After graduating from UCLA, she was a visiting professor at the Autonomous University of Barcelona (1999-2002). Her main research interests are the General Equilibrium Theory , Search Theory and Asymmetric information. She has published in international journals such as the Journal of Economic Theory, Journal of Political Economy, International Economic Review, and Review of Economic Dynamics. She has obtained the Alfred P. Sloand Doctoral Dissertation fellowship in 1998-99, the Ramón y Cajal Scholarship in 2005-09 and the Ramón Areces fellowship in 2007.

Main Publications

Jerez, M.B. “Competitive Search Equilibrium with Multidimensional Heterogeneity and Two-Sided Ex-ante Investments”. Journal of Economic Theory , 172, 2017

Jerez, M.B. “Competitive Equilibrium with Search Frictions: a General Equilibrium Approach”. Journal of Economic Theory, 153, 2014

Díaz, A., and Jerez, M.B. “House Prices, Sales, and Time on the Market: A Search-Theoretic Framework" International Economic Review 54 , 2013

Gottardi, P, and Jerez, M. B. “Comment on `Bertrand and Walras Equilibria under Moral Hazard’” Journal of Political Economy 115 2007

Faig, M, and Jerez, M.B. “Inflation, Prices, and Information in Competitive Search” B.E. Journals, Advances in Macroeconomics, 2006

Faig, M, and Jerez, M.B. “A Theory of Commerce,” Journal of Economic Theory, 122, 2005

Recent Research

Díaz, A., Jerez, M.B., and Rincón-Zapatero, J.P.  “Housing Prices and Credit Constraints in Competitive Search" Working Paper 2020-07, U. Carlos III, 2020


Dynamic Macroeconomics, Intermediate Macroeconomics, Graduate Microeconomics (General Equilibrium Theory), Graduate Advanced Macroeconomics (Search Theory and Macroeconomic Applications)