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"Professor Nordhaus conveys ethics at work and meticulousness at research"

David Corderí (ECO'04) is an economist and mentee of Professor William Nordhaus, award Nobel de Economics 2018

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19/10/18 12:55 Andres Juarez

Few people can say that they have worked hand in hand with a Nobel Prize winner. This is the case of David Corderí, an economist born in Ourense and former student of the School of Economics and Business Administration of the University of Navarra. In 2004, Corderí received a scholarship from the Barrié Foundation to study the Master's Degree in Economics International and development at Yale University. After finishing his programs of study at postgraduate program he had the opportunity to work at department of Economics at the same university on several research projects with the laureate Professor William Nordhaus, whom he remembers as an ethical and meticulous professional at research.

Corderí describes his research stay with the winner of the award Nobel Prize at Economics 2018 as "a period of intense learning". The former student of the School recalls the meetings he held with Nordhaus as a reflection of the professor's professionalism: "He was able to review a large number of calculations and detect, in a matter of seconds, inconsistencies in the data."

For more than a year, Corderí and Nordhaus worked on pioneering projects, including the update of the Economics and climate change models developed by Professor Nordhaus in the 1970s: DICE and RICE. These models make it possible to estimate the social cost of carbon and to analyze the consequences of different international agreements for reducing emissions. It is precisely for these works that the committee award Nobel decided to recognize the work of Professor Nordhaus.

Working on these environmental projects and Economics sparked Corderí's interest in building his professional degree program around economic analysis applied to sustainabledevelopment . Motivated by Professor Nordhaus, he did his programs of study from doctorate in Economics of Natural Resources at the University of California at Davis. He soon moved to Washington DC, where he worked as an economist at the World Bank and the Inter-American Bank development. He currently works as an independent advisor for development banks and other multilateral agencies on projects advising both governments and the private sector.

David Corderí Novoa (ECO'04) has worked in more than 30 countries in Asia, Africa and Latin America. His work focuses on strategic analysis, planning and economic-financial assessment of investment projects and regulatory reforms in the environment, water, agriculture, energy and climate change sectors.

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