The Banco de España on 8 October 2026 announced that the jury of the Premio de Economía Rey de España Chilean macroeconomist Ricardo Caballero has awarded the prize. Caballero has taught as Ford International Professor of Economics at the Massachusetts Institute of Technology. The citation highlights his “brillante trayectoria académica e investigadora”.
The Premio de Economía Rey de España is awarded by the Fundación José Celma Prieto and is one of the most prestigious awards in the Spanish-speaking economics community. It has been awarded since 1986; this year’s award marks 40 years since the first prize was presented. The award thus marks a year in which the organisers 40 years highlight the award’s uninterrupted history. The Banco de España supports the award’s public profile and published the announcement of the latest decision; the foundation remains responsible for the award. The call for entries for the 2026 edition had previously been published via the Boletín Oficial del Estado and was also announced by the Banco de España.
Caballero is internationally known for his contributions to macroeconomics. The official announcement highlights his academic career and enduring position at the Massachusetts Institute of Technology. According to the organisers, the prize recognises not a single work but his overall achievement and lasting contribution to economic research. The jury’s decision continues the approach of previous awards, in which long-term, influential research has been the deciding factor.
The division of responsibilities is clear: the Fundación José Celma Prieto is responsible for the call for entries, jury and decision, while the Banco de España provides public visibility through Spain and documents the process, without claiming responsibility for awarding the prize. The form and regularity of the award underline its aim of showcasing academic excellence and building a bridge between academic research and economic policy debate in Spain.
The statements available do not identify any specific economic or financial policy consequences. The immediate news is Caballero’s award; assessments of the prize’s value are limited to its symbolic significance, such as raising the profile of international economic research in Spain. Quotations and attributions come from the Banco de España’s published announcement and information provided by the Fundación José Celma Prieto.
Editor: Daniel Mayer (Article created with AI assistance).