Miguel Angel Iraola Guzman

Assistant Professor of Professional Practice
Undergraduate Director in Economics

(305) 284-5137
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Miguel Iraola is an Assistant Professor of Professional Practice at the University of Miami. He holds a PhD and MSc in economics from Universidad Carloss III de Madrid and a BA in economics from Universidad Pública de Navarra. He currently teaches International Trade (ECO 441) and Microeconomic Theory (ECO 302) for undergraduate students. His research focuses on the interrelation between the real and financial sides of the economy from theoretical and empirical perspectives.


2009Ph.D. Economics, Universidad Carlos III de Madrid
2002 Economics, Universidad Carlos III de Madrid
2000 Business Administration and Quantitative Methods, Universidad Pública de Navarra
1999B.A. Economics, Universidad Pública de Navarra

LIST OF SPECIALTIES: Macroeconomics | Financial economics

LIST OF SPECIALTIES: Macroeconomics | Financial economics

Professional Experience

1998 - 1998Traineeship, Banco Central Hispanoamericano
1998 - 1999Research Assistant, Universidad Pública de Navarra
2003 - 2003Visiting Scholar, Arizona State University
2000 - 2007Teaching Assistant, Universidad Carlos III de Madrid
2007 - 2013Assistant Professor, Centro de Investigación Económica (ITAM)
2011 - 2013Visiting Professor, University of Miami School of Business Administration
2013 - Lecturer, Economics, Miami Herbert Business School
2015 - Undergraduate Director, Economics, Miami Herbert Business School

Honors & Acknowledgements

Mexico’s Nacional Research System, level C, 2010 - 2013
Short Stay Visit Grant, Fundación Universidad Carlos III de Madrid, 2004
Award for The Second Best Undergraduate Academic Record in Economics, Universidad Pública de Navarra, 1999
Research Assistant Grant, Ministerio de Educación, Cultura y Deportes, Spanish Government, 1998 - 1999

LIST OF SPECIALTIES: Macroeconomics; financial economics; monetary economics; and technological change


With Favian Sepulveda and Juan Pablo Torres-Martinez Financial Segmentation and Collateralized Debt in Infinite-Horizon Economies 56-69 (80 Journal of Mathematical Economics. 2019). [Link]

With Manuel S. Santos Asset Price Volatility, Price Markups, and Macroeconomic Fluctuations 84-98 (90 Journal of Monetary Economics. 2017).

Iraola M.A., Santos M.S. Speculative Bubbles. In: Jones G. (eds) Banking Crises (London, Palgrave Macmillan. 2016).

With Juan Pablo Torres-Martinez Equilibrium in Collateralized Asset Markets: Credit Contractions and Negative Equity Loans 113-122 (55 Journal of Mathematical Economics. 2014).

With Manuel S. Santos Speculative Bubbles (The New Palgrave Dictionary of Economics, 2nd Edition. 2008).

With Manuel S. Santos Market Fundamentals (The International Encyclopedia of the Social Sciences. 2008).