Analyzing the Effects of Saudi Arabia’s Economic Reforms Using a Dynamic Stochastic General Equilibrium Model

Former Research Fellow Jorge is a former research fellow specializing in energy and economics, with research interests in energy and macroeconomics, energy policies…

Jorge is a former research fellow specializing in energy and economics, with research interests in energy and macroeconomics, energy policies and transitions.

Visiting Researcher- Energy Macro & Microeconomics Marzio is professor of Environmental and Energy Economics at the University of Milan and a visiting researcher at KAPSARC. He…

Marzio is professor of Environmental and Energy Economics at the University of Milan and a visiting researcher at KAPSARC. He graduated from Bocconi University in Milan and holds a M.Phil. and a Ph.D. in Economics from New York University. He is a research fellow at the Center for Research on Energy and Environmental Economics and Policy (IEFE) at Bocconi University. Founder and first president of the Italian Association of Environmental and Resource Economists, he has been an expert reviewer of the Intergovernmental Panel on Climate Change (IPCC) Third, Fourth, and Fifth assessment reports for Working Group III on and the coordinator of the Climate Change Modelling and Policy research program of the Fondazione Eni Enrico Mattei in Milan. He has published extensively in scholarly journals and actively participates to the policy debate through media interviews, comments and articles in newspapers and magazines and speeches and presentations in non-academic public events.

Expertise

• Environment and growth
• Energy modeling
• Energy sources
• Economics of climate change
• Green growth
• Investment
• Productivity
• Factor demands
• Innovation and technological change
• Production theory

Visiting Researcher- Energy Macro & Microeconomics Baltasar is an associate professor of economics at the University of Vigo and has been a visiting researcher at KAPSARC…

Baltasar is an associate professor of economics at the University of Vigo and has been a visiting researcher at KAPSARC since 2014. From 2005 to 2009, he served as an economic advisor to the president of Galicia. Baltasar has a Ph.D. in economics from the Universidad Complutense, Madrid  and has published extensively in academic journals, mainly focusing on the intersection of macroeconomics and energy.

Expertise

• Energy and the Macroeconomy
• Energy and the Environment
• Dynamic Stochastic General Equilibrium Models
• Public Economics and Optimal Policy

Vice President, Knowledge & Analysis Axel Pierru was appointed Vice President of Knowledge and Analysis by the Board of Trustees of KAPSARC in December 2023.…

Axel Pierru was appointed Vice President of Knowledge and Analysis by the Board of Trustees of KAPSARC in December 2023. In this role, he oversees and provides thought leadership to KAPSARC’s research and analysis activities.

He joined KAPSARC in 2011, after spending 15 years at IFP Energies Nouvelles in France where he led research and consulting projects and taught energy economics and finance to postgraduate students. He has served in various leadership roles at KAPSARC, including serving as interim Vice President for Research. From 2014 to 2023 he was a program director, leading the Energy Systems & Modeling, Energy & Macroeconomics, and Energy Macro & Micro-Economics research programs.

Dr. Pierru earned his Ph.D. in economics from University Paris 1 Pantheon-Sorbonne (France). He also holds an HDR degree, which is a French accreditation to supervise research. In 2007, Dr. Pierru was awarded Chevalier dans l’Ordre des Palmes Académiques (knighthood award in the academic field) by the French Ministry for National Education. He is an editor of The Energy Journal, as well as the corecipient of the 2023 OPEC Award for the Best Energy Research Paper, a first-time honor from OPEC.

He leads the Knowledge & Analysis team in designing applied research that blends methodological innovation with practical significance for policymaking. His expertise covers energy economics, policy and finance, the oil market, energy transitions, and commodity-exporting economies.

Dr. Pierru has a proven track record of methodological innovations with over 50 journal papers to his name. He has been a key contributor to developing new research avenues, such as the role of OPEC in stabilizing the oil market, the economic modeling of price controls, or the evaluation of investment projects by international oil companies facing various tax systems.

He also coauthored with Denis Babusiaux the book Corporate Investment Decisions and Economic Analysis: Exercises and Case Studies (2005), a culmination of years of teaching, consulting, and research.

Expertise

• Energy modelling
• Energy economics
• Energy policy
• Oil pricing and finance

Shreekar was a senior research associate with an interest in evaluating energy policies in an integrated energy-economic model with a focus…

Shreekar was a senior research associate with an interest in evaluating energy policies in an integrated energy-economic model with a focus on international trade and environment. He was involved in developing integrated energy-economic models, and his research works employed economic modeling that encompassed general equilibrium and partial equilibrium models.