July 1, 2020 — The Banco Sabadell Foundation announced today that Eduardo Morales has been awarded the Banco Sabadell Foundation Award for Economic Research in recognition of his research on companies’ strategic decisions and how they contribute to their export performance and capacity for innovation.

Princeton Economics Professor Eduardo MoralesThe Banco Sabadell Foundation Award for Economic Research aims to encourage and recognize the work of researchers in the fields of economics, business, and social knowledge and to contribute to the analysis and formulation of alternatives for the promotion of social well-being. Its first edition took place in 2002 and it is awarded annually.

In an announcement on their website, the Sabadell Foundation wrote:

“Dr. Morales is one of the most outstanding researchers in the field of international trade. Much of his research work explains what it is that makes certain companies more productive than others or more successful at expanding into new markets, by considering how they frame their expectations in situations featuring incomplete information and uncertainty. For example, he has explained the origin of the so-called Spanish “export miracle” of 2009-2013, based on the performance of individual companies.

He has also studied racial segregation in the United States from an innovative perspective, looking at whether different racial groups frequent the same urban consumption points, such as restaurants, as opposed to simply considering their residential locations. His work also involves an innovative methodological component through the application of econometrics to certain questions.”

Of his award, Professor Morales said: “As social researchers, we always aspire to have an impact on society and to be able to solve the social problems that confront us. And recognition of this kind plays an important role in connecting us with those social problems.”

The Princeton community extends their congratulations to Professor Morales on this honor.