Secretary Commissioner of ECOBAS
Email emma.iglesias@udc.es
Member of the Econometric Society. Member of the International Association for Energy Economics.
Member of the international review panel of the Danish Council for Independent Research | Social Sciences (2016, 2017 and 2018).
Member of the expert panel of the Spanish State Research Agency (Agencia Estatal de Investigación) for project evaluation (2014, 2017, 2019, 2021, 2022, 2024, 2025 and 2026).
External examiner in the Department of Economics at the University of Reading (academic years 2010/11 and 2012/15) and at Cardiff Business School (academic years 2022/23 to 2025/26).
Associate Editor of Applied Economics, Applied Financial Economics (now merged into Applied Economics) and Applied Economics Letters since 2011.
Guest editor of a special issue of Applied Economics together with J. Carrion i Silvestre, of the Universitat de Barcelona (2013).
Regular reviewer for journals in the field, with more than 100 articles refereed, including for Econometrica.
Four consecutive six-year research assessment periods (sexenios) awarded by CNEAI (2000-2005, 2006-2011, 2012-2017 and 2018-2023).
Ranked among the top 9% of Spanish authors and the top 13% of European Union authors by impact according to RePEc.
Jonathan Young Award, University of Exeter (1999).
Emma Iglesias Vázquez
Emma María Iglesias Vázquez graduated in Economics from the Universidade da Coruña in 1997 and completed the MSc in Economics and Econometrics at the University of Exeter (1999), where she received the Jonathan Young Award. She was awarded a PhD in Economics by Cardiff University in 2002, funded by a scholarship from the Economic and Social Research Council. Before taking up a permanent post at the UDC, she spent twelve years working abroad: Teaching Assistant at Exeter (1999-2000) and at Cardiff (2000-2002), Visiting Professor at the University of Alicante (2003-2004), Assistant Professor at Michigan State University (2004-2009) and Reader in Economics at the University of Essex (2009-2011).
She returned to the UDC as Associate Professor (Titular de Universidad) in 2011 and has held a Full Professorship since September 2018. CNEAI has awarded her four consecutive six-year research productivity assessments, or sexenios (2000-2023). She has been the sole coordinator of the UDC PhD programme in Economics and Business since 2014 and has led her own research group since 2016. She is also Secretary Commissioner of ECOBAS, the inter-university research centre in which she serves as a guarantor member.
Her research focuses on theoretical and applied econometrics: asymptotic theory and finite-sample behaviour of estimators and tests, together with volatility models and dynamic models, with applications in economics and finance ranging from oil and energy markets to health economics and financial history. She has 53 publications indexed in Web of Science (11 as sole author and 9 co-authored with her own doctoral students) and 55 in Scopus, with 329 citations in WoS, 396 in Scopus and 1,102 in Google Scholar (450 of them since 2021); her h-index is 10 in WoS, 11 in Scopus and 18 in Google Scholar.
She has 9 publications in Q1 journals, including 3 in the Journal of Econometrics and others in the Journal of Business and Economic Statistics, Journal of Applied Econometrics, Journal of Financial Econometrics, Journal of Petroleum Science and Engineering, Energy Strategy Reviews and Energy Journal. According to the RePEc rankings, she is among the top 9% of Spanish authors and the top 13% of European Union authors by impact. She currently leads two research projects, funded by the Xunta de Galicia and by the Spanish Ministry, with combined funding of €208,750.
She has been principal investigator of an uninterrupted series of competitive projects since 2013. The most recent are:
PID2022-137923NB-I00, “New Volatility Models, Dynamic Models and Applications” (Ministry of Science and Innovation, 01/09/2023-30/08/2026, €8,750).
ED431C2024/16, Competitive Reference Groups (Xunta de Galicia, 01/01/2024-31/12/2027, €200,000).
ED431C2020/26, Competitive Reference Groups (Xunta de Galicia, 01/01/2020-31/12/2023, €200,000).
PGC2018-101327-B-100, “New volatility models and analysis of extreme values and their tail behaviour” (Ministry of Science and Innovation, 01/01/2019-30/09/2022, €7,865).
ED431C2016/007, Competitive Reference Groups (Xunta de Galicia, 01/01/2016-31/12/2019, €400,000).
She has been principal investigator almost without interruption since 2013, with earlier projects also funded by the Ministry of Economy and Competitiveness and the Xunta de Galicia (among them ECO2012-31459, GPC2013/072 and ECO2015-63845_P).
Only publications from 2022 onwards are listed here; the full record comprises 53 articles indexed in Web of Science.
Dahl, C.M.; Iglesias, E.M. (2022). “The Tail Behavior due to the Presence of the Risk Premium in AR-GARCH-in-Mean, GARCH-AR, and Double-Autoregressive-in-Mean Models”. Journal of Financial Econometrics, 20(1), 139-159. DOI: 10.1093/jjfinec/nbaa004
Iglesias, E.M.; Rivera-Alonso, D. (2022). “BRENT and WTI oil prices volatility during major crises and covid-19”. Journal of Petroleum Science and Engineering, 211, art. 110182. DOI: 10.1016/j.petrol.2022.110182
Iglesias, E.M. (2022). “The Influence of Extreme Events such as Brexit and COVID 19 on Equity Markets”. Journal of Policy Modeling, 44(2), 418-430. DOI: 10.1016/j.jpolmod.2021.10.005
Erias, A.F.; Iglesias, E.M. (2022). “Price and income elasticity of natural gas demand in Europe and the effects of lockdowns due to Covid-19”. Energy Strategy Reviews, 44, art. 100945. DOI: 10.1016/j.esr.2022.100945
Erias, A.F.; Iglesias, E.M. (2022). “The daily price and income elasticity of natural gas demand in Europe”. Energy Reports, 8, 14595-14605. DOI: 10.1016/j.egyr.2022.10.40
Casal, E.; Iglesias, E.M.; Rivera, B.; Currais, L.; Storti, C.C. (2023). “Identifying the impact of the business cycle on drug-related harms in European countries”. International Journal of Drug Policy, 122, art. 104240. DOI: 10.1016/j.drugpo.2023.104240
Rivera-Alonso, D.; Iglesias, E.M. (2024). “Is the Chinese crude oil spot price a good hedging tool for other crude oil prices, and in special for the main Russian oil benchmarks and during international sanctions?”. Resources Policy, 90, art. 104778. DOI: 10.1016/j.resourpol.2024.104778
Iglesias, E.M.; Maixé-Altés, J.C. (2024). “The money market in transition: from city based market arbitrage to a central banking system in nineteenth-century Spain”. Financial History Review, 31(3), 245-272. DOI: 10.1017/S0968565024000106
Iglesias, E.M. (2025). “Asymptotic inference for a sign-double autoregressive (SDAR) model of order one”. Econometric Reviews, 44(3), 312-334. DOI: 10.1080/07474938.2024.2416664
Valiña-Sotelo, J.L.; Iglesias, E.M. (2026). “Working Capital Management and Firm Performance in the G-7 and E-7 Countries During Extreme Events Such as COVID-19”. Asia-Pacific Financial Markets, in press. DOI: 10.1007/s10690-026-09597-z
Successive contracts as an expert for the European Commission, signed almost without interruption from 2016 to the present (ten contracts).
Responsible for the econometric component of the project “The impact of economic cycles on drug related harms and responses”, funded by the European Monitoring Centre for Drugs and Drug Addiction (2021-2022), under the direction of Bruno Casal-Rodríguez.
She has supervised 10 doctoral theses, the most recent defended on 2 December 2024 at the UDC, with joint publications with her doctoral students in journals such as the Journal of Econometrics, Energy Journal, Economic Modelling, Energy Strategy Reviews, International Journal of Finance and Economics, Journal of Housing Economics, Journal of Petroleum Science and Engineering, Resources Policy, Estudios de Economía and Applied Financial Economics.
Sole coordinator of the UDC PhD programme in Economics and Business since 2014.
Speaker at international conferences on a continuous basis since 2017, including the European Meeting of the Econometric Society, COMPSTAT, AMAMEF and the World Finance Conference.
Research stay at Birkbeck College London in August 2025, with a further stay planned at NIPE (Portugal) between June and July 2026.
Member of the Scientific Advisory Board of the Fundación Gadea por la Ciencia (2022-2026).
