Pinelopi Koujianou Goldberg
Personal
Dual Citizenship:
Greece, U.S.
Research
and Teaching Interests
International
Trade, Development, Industrial Organization, Applied Microeconomics.
Current
Positions
Elihu Professor of Economics, Yale
University, 2017-present.
Past
Positions
Chief Economist of the World Bank Group
(Nov. 2018 – Mar. 2020).
William K. Lanman, Jr.
Professor of Economics, Yale University, 2010- 2017.
Editor-in-Chief, American Economic Review, 2011- 2016.
Professor of Economics, Princeton University, 2007-
2010.
Co-Editor, American Economic Review, 2007-2010 and
2017.
Professor of Economics, Yale University, 2001-2007.
Visiting Scholar, Federal Reserve Bank of New York,
2006-07.
Professor of Economics, Columbia University,
1999-2001.
Assistant Professor of Economics, Princeton
University, 1992-99.
Summer Intern, Research Department of the IMF,
6/89-9/89.
Professional Affiliations
·
Econometric Society, elected
President 2021-22.
Elected Member of the Executive Committee,
2017-2021.
Elected Member of the Council, 2016-19.
Elected Fellow, 2004.
·
American
Economic Association
Elected Vice-President, 2018-19.
·
Eastern Economic Association
President, 2018-19.
·
National Bureau of
Economic Research:
Faculty Research
Associate, 2001- present.
Faculty Research Fellow, 1995-2001.
·
Peterson Institute
for International Economics (PIIE), Non-resident Fellow, 2020-present.
·
Centre for
Economic Policy Research (CEPR), Distinguished Fellow, 2019-present.
·
Bureau for Research and Economic
Analysis of Development (BREAD):
Member of
Executive Committee, 2021-present.
Member of the
Board, 2010-2020.
Senior Fellow, 2005 - 2010.
·
International
Growth Centre (IGC), London School of Economics, Research Affiliate, 2016-
present.
· Member of the Federal Economic Statistics Advisory
Committee (FESAC), 2006-2012.
Education
Honors
and Awards
· National Academy of Sciences, elected in 2019.
· American Academy of Arts and Sciences, elected in
2014.
· Center for Economic Policy Research (CEPR)
Distinguished Fellow, 2019-present.
· John Simon Guggenheim Memorial Foundation Fellowship,
2010-11.
·
Recipient of 2003 Bodossaki Prize in
Social Sciences.
·
Sloan Foundation Faculty Research
Fellowship, 1998-2000.
·
Russell Sage Foundation Fellowship,
1998-1999.
·
·
Selected by the Review of Economic Studies as a European Seminar Tour Speaker,
1992.
·
Olin Foundation Doctoral Dissertation
Fellowship, 1990-91.
·
Stanford University Research Paper
Award, 1989.
·
·
Onassis Foundation Graduate Studies
Fellowship, 1987-1988.
·
Five-year scholarship of the German
Academic Exchange Service (DAAD) for the study of Economics in Germany,
1981-1986.
Distinguished
Lectures
·
Inaugural Distinguished Lecture on
Globalization, NEUDC Keynote, Dartmouth, 2020.
·
Kuznets
Lecture, Yale University, 2020.
·
IFS Annual Lecture,
London, 2019.
·
Ohlin Lecture,
Stockholm, 2019.
·
Coase Lecture,
London School of Economics, 2019.
·
CEMFI Opening Lecture, Madrid,
2019.
·
Razin
Lecture, Georgetown University, 2019.
·
Keynote Address at Opening Ceremony of
Munich Graduate School of Economics, 2018.
·
Master Lecture,
NBER Development Economics Summer Institute, 2018.
·
Arlitt Lecture,
University of Texas, Austin, 2018.
·
DEC
Lecture, World Bank, 2018.
·
Presidential
Address, Eastern Economic Association, 2018.
·
Gaston
Eyskens Lectures, K.U. Leuven,
Belgium, 2017.
·
David
Steine Lecture, Vanderbilt University,
2017.
·
Harry
Lyman Hooker Distinguished Visiting Professor Lectures,
McMaster University, Canada, 2017.
·
Pareto
Lecture in Economics and Social Sciences, University of Torino,
2017.
·
Keynote Address at “Second Generation
Productivity Analysis and Policy” Conference, World Bank, Washington DC, 2016.
·
Keynote Address at the 19th
Annual Conference on Global Economic Analysis, World Bank, Washington DC, 2016.
·
Seymour
E. and Ruth B. Harris Lecture, Harvard University, March 2016.
·
Keynote Address at the 2015 Nordic
International Trade Seminar (NOITS).
·
Keynote Address at the 2014 joint
Conference of the International Growth Center and Stanford Center for
International Development.
·
Keynote Address at the 2010 CEPR
Conference on Applied Industrial Organization.
·
W.A.
Mackintosh Lecture, Queen's University, 2010.
· Sargan Lecture: Keynote Address at the conference of the Royal
Economic Society, 2009.
· Marshall Lecture: Keynote Address at the European Congress (joint
meeting of the Econometric Society and European Economic
Association), 2009.
Publications
(by research area)
A.
International
Trade Policies: Effects and Determinants
· The Return to Protectionism, with Pablo
Fajgelbaum, Amit Khandelwal, and Patrick Kennedy. First draft: Sept. 2018. The Quarterly Journal of Economics,
Feb. 2020, Lead Article and Editor’s Choice.
v Summary
in Microeconomic Insights
v Non-technical Summary in
VoxEU
v Update incl. 2019 Tariff Waves
v Slides
v Other Coverage: LA Times, Economist 2019.04, Economist 2019.05, Trade Talks Podcast
·
Prices, Markups and Trade Reform, with Jan De Loecker, Amit Khandelwal and Nina Pavcnik, Econometrica,
Vol.84, 2, March 2016, pp. 445-510.
Non-technical summary in Microeconomic
Insights February 1, 2016: http://microeconomicinsights.org/prices-markups-and-trade-reform/
·
The Effects of Trade Policy,
with Nina Pavcnik, prepared for the Handbook of Commercial Policy,
edited by K. Bagwell and R. Staiger, 1st Edition, Vol. 1A, Chapter
3, 2016.
·
Variety In, Variety Out: Imported Input and Product
Scope Expansion in India, (with Amit
Khandelwal and Nina Pavcnik), in J. Bhagwati and A. Panagariya eds., Reforms and Economic Transformation in India,
pp. 168-199, Oxford University Press 2012.
· Imported
Intermediate Inputs and Domestic Product Growth: Evidence from India, with A. Khandelwal, N. Pavcnik and P. Topalova, Quarterly Journal of Economics, 125(4),
2010, pp. 1727-67.
·
Intellectual Property Rights
Protection in Developing Countries: The Case of Pharmaceuticals, Journal of the European Economic
Association, Volume 8, April-May 2010, pp. 326-53.
This is the published version of my
Alfred Marshall Lecture delivered at the European Congress in Barcelona, August
2009.
· Multi-product Firms and Product Turnover in
the Developing World: Evidence from India, with A. Khandelwal, N. Pavcnik and P. Topalova, Review of
Economics and Statistics, 92(4), 2010, pp. 1042‐1049.
This paper is a
shorter version of a paper that was circulated earlier and is now available as NBER Working Paper No. 14127. For more details on the data and estimation, you can also read the Web
Appendix to this paper: Web Appendix
·
Trade Liberalization and Imported Inputs, with A. Khandelwal, N. Pavcnik and P. Topalova, American
Economic Review, May 2009, pp. 494-500.
· Estimating the Effects of Global
Patent Protection in Pharmaceuticals: A Case Study of Quinolones in India,
with S. Chaudhuri and P. Jia, American Economic Review, Dec. 2006, pp. 1477-1513.
·
Trade Policy and Industrial Sector Responses in the
Developing World: Interpreting the Evidence, Comment on E. Erdem and J. Tybout, Brookings
Trade Forum, 2003.
· Protection for
· Product Differentiation and Oligopoly in International
Markets: The Case of the
· Causes and Consequences of the Export Enhancement
Program, with M. Knetter,
in: R. Feenstra (ed.): Effects of
· Strategic Export Promotion in the Absence of
Government Precommitment, International Economic Review,
May 1995, pp. 407-26.
· Trade Policies in the U.S. Automobile Industry,
Japan and the World Economy, May 1994, pp. 175-208.
B. Exchange Rate Pass-Through, Pricing-to-Market and
International Price Discrimination
· A Structural Approach to Identifying the Sources of Local-Currency
Price Stability, with Rebecca
Hellerstein, Review of Economic
Studies, Jan. 2013, 80(1), pp. 175-210.
·
A Structural Approach to Explaining
Incomplete Exchange Rate Pass-through
and Pricing-To-Market, with R. Hellerstein, American
Economic Review, May 2008, pp. 423-29. Pre-publication version can be read
here: Passthrough_Short
· Market Integration and Convergence to the Law of One
Price: Evidence from the European Car Market, with F.
Verboven, Journal of International Economics, Jan. 2005, pp. 49-73.
· Cross-Country
Price Dispersion in the Euro Era: A Case Study of the European Car Market, with F.
Verboven, Economic Policy, October 2004 (copy available only through
Economic Policy; for preliminary version see Working Papers).
· The Evolution of
Price Dispersion in European Car Markets, with F.
Verboven, Review of Economic Studies, Oct. 2001, pp. 811-48.
§ Reprinted in P. Joskow
and M. Waterson (eds.) Empirical Industrial Organization, Edward Elgar,
2004.
· Measuring the Intensity of Competition in Export
Markets, with M. Knetter,
Journal of International Economics, Feb. 1999, pp. 27-60.
· Goods Prices and Exchange Rates: What Have We Learned?,
with M. Knetter, Journal of Economic Literature,
Sep. 1997, pp. 1243-72.
C. Distributional Effects of Trade
Liberalization
· Introduction
to book on “Trade and Inequality”,
edited by P.
K. Goldberg, Edward Elgar Research Collections, May 2015.
·
Distributional Effects of Globalization in Developing
Countries,
with N. Pavcnik, Journal of Economic Literature, March 2007, 45(1), pp.
39-82.
· Trade, Wages, and the
Political Economy of Trade Protection: Evidence from the Colombian Trade
Reforms, with N. Pavcnik, Journal
of International Economics, May 2005, pp. 75-105.
· Short term consequences of trade reform for industry
employment and wages: Survey of evidence
from Colombia,
with N. Pavcnik, May 2005, World Economy 28(7), 923-939.
· Trade Reforms and Wage Inequality in Colombia, with O. Attanasio and N. Pavcnik,
Journal of Development Economics, 74, August 2004, pp. 331-366.
· Trade, Inequality, and Poverty: What Do We Know?
Evidence from Recent Trade Liberalization Episodes in Developing Countries, with N. Pavcnik, Brookings Trade Forum, 2004, pp. 223-269 (also available as
NBER Working Paper #10593).
·
Trade Liberalization and Industry Wage
Structure: Evidence from Brazil, with N. Pavcnik, A. Blom, and N. Schady, World Bank Economic Review, 18(3), 2004, pp. 319-344.
· The Effects of the Colombian Trade Liberalization on
Urban Poverty, with N. Pavcnik,
August 2004, forthcoming in A. Harrison (ed.), Globalization and Poverty, NBER.
· The Response of the Informal Sector to Trade
Liberalization, with N. Pavcnik, Journal of Development
Economics, 72, Dec. 2003, pp. 463-496.
D. Other Papers
in Applied Microeconomics
· Measuring Human
Capital Using Global Learning Data, with
Noam Angrist, Simeon Djankov and Harry A. Patrinos, Nature, March 10,
2021.
v Supplement with additional details
v
Non-technical
Summary in VoxEU
For longer
version, see Policy
Research Working Paper Series 8742, The World Bank, 2020.
·
Gendered Laws and Women in the Workforce, with Marie Hyland and
Simeon Djankov, American Economic Review: Insights, Vol. 2, No. 4, Dec.
2020, pp. 475-90.
·
Firm Performance in a Global
Market, with Jan De
Loecker, Annual Review of Economics, Vol. 6, Aug. 2014, pp. 201-227.
·
Credit
Constraints in the Market for Consumer Durables: Evidence from Micro Data on
Car Loans,
with O. Attanasio and E. Kyriazidou, International
Economic Review, May 2008, pp. 401-36
(earlier version available as NBER Working Paper No. 7694)
· The Effects of the Corporate Average Fuel Economy
Standards in the Automobile Industry, Journal of
Industrial Economics, Mar. 1998, pp. 1-33.
·
Dealer
Price Discrimination in New Car Purchases: Evidence from the Consumer
Expenditure Survey, Journal of Political Economy,
Jun. 1996, pp. 622-54.
· The Effects of Financial Deregulation on Consumption,
with T. Bayoumi. Greek Economic Review, Vol.
12/2, Dec. 1990. (Also available as IMF Working Paper #89-88, Oct. 1989).
Working
Papers and Work in Progress
· Global
Reallocations in the 2018-19 Trade War, with Pablo Fajgelbaum, Amit
Khandelwal, Patrick Kennedy, and Daria Taglioni. Draft coming soon.
v Slides
from NBER Conference, Sept. 2020
·
Trade and Informality in
the Presence of Labor Market Frictions and Regulations with Rafael Dix-Carneiro, Costas Meghir and Gabriel Ulyssea, Jan. 2021 (NSF Award #1629124).
v Supplement with additional details
v Non-technical
Summary in VoxDev
· Why is Growth in
Developing Countries so Hard to Measure?, with
Noam Angrist and Dean Jolliffe, prepared for the Journal of Economic
Perspectives.
· The Effects of the Coronavirus Pandemic in Emerging Market and Developing Economies: An Optimistic
Preliminary Account, with Tristan Reed, prepared for Brookings Papers on Economic
Activity Conference, June
25, 2020.
· Aggregate Implications of Barriers to Female
Entrepreneurship, with Gaurav Chiplunkar,
Feb. 2021.
v
Non-technical
Summary in VoxEU
· Do Gendered Laws Matter?, with Marie Hyland and Simeon Djankov, Jan. 2021.
·
Income Distribution, International Integration
and Sustained Poverty Reduction,
with Tristan Reed, July 2020, NBER Working Paper No. 27286, World
Bank Policy Research Working Paper 9342.
v Non-technical
Summary in VoxDev
·
How
Rigid are Producer Prices?, with Rebecca Hellerstein,
Sept. 2011.
· Cross-Country
Price Dispersion and the Euro, with F. Verboven, solicited by Economic Policy for the April 2004 Panel Meeting in Dublin,
Ireland (preliminary version; final version available only through Economic
Policy).
Other
(non-academic) Writings
· Supervised World Development
Report 2020: "Trading for Development in the Age of Global Value
Chains" at the World Bank.
· Forget
the Vaccine Patent Waiver, Project Syndicate, May 13, 2021.
· Tackling
the Global Learning Crisis, Project Syndicate, March 18, 2021.
· The
Problem with the COVID Convergence,
Project Syndicate, January 28, 2021.
· What
COVID Is Costing Women, Project Syndicate, November 19, 2020.
· How
Poverty Reduction Can Survive Deglobalization, Project Syndicate, Sept. 17, 2020.
· Keep
Borders Open, Project Syndicate, July 17, 2020.
· The
New Empty Argument Against Trade,
Project Syndicate, May 12, 2020.
· A
Silent Hero of the Coronavirus Crisis, Project Syndicate, March 17, 2020.
· Free trade is under fire but we must fight for its preservation, Financial Times, September 23,
2019.
· The Future of Trade, IMF, Finance
& Development, June 2019, Vol. 56, No. 2.
· What next for global trade? Project Syndicate, January 10, 2019.
Teaching Experience
·
Director of Graduate Studies, Princeton Department of Economics,
2008-2010.
·
Graduate:
International Trade, Industrial Organization, Applied Econometrics.
·
Undergraduate:
International Trade, Applied Econometrics, Microeconomics.
·
Best
Graduate Student Advisor Award, Yale Department of Economics, 2005.
Professional
Activities
·
Inequality: The IFS Deaton
Review,
Member of Expert Panel, 2019-present.
·
Jury Member for the BBVA Foundation Frontiers of Knowledge Award
in Economics, Finance and Management, 2015-2021.
·
Nominating Committee, American Economic Association, 2019.
·
Annual Review of Economics (ARE), Member of Editorial
Board, 2018-2019.
·
Microeconomic Insights, Member of Editorial Board,
2017-2019.
·
Nominating Committee, Econometric Society, 2016.
·
Journals Committee, American Economic Association, 2016.
·
Selection Committee for Carlo Alberto Medal,
2015, 2017.
·
Selection Committee for Birgit Grodal Award
of the European Economic Association, 2014, 2016.
·
Electoral Board, Nuffield Professorship of
Economics, Oxford University, 2011-2012.
·
Committee
on Honors and Awards, American Economic Association, 2008-2012.
·
Chair of Committee on Implementation of
Disclosure Policy, American Economic Association, 2012.
·
Committee on Registry of Randomized Trials,
American Economic Association, 2012.
·
Nominating
Committee, Econometric Society, 2008-2009.
·
Foreign
Editor: Review of Economic Studies, 2001-2007.
·
Past
Editorial Positions: Economic Journal, Journal of Business and Economic
Statistics.
·
Referee: American Economic
Review, Econometrica, Economic Journal, International Economic Review, Journal
of Development Economics Journal of Economic Literature, Journal of Industrial
Economics, Journal of International Economics, Journal of Political Economy,
Quarterly Journal of Economics, Rand Journal of Economics, Review of Economic
Studies.
·
Program
Chair for the 2003 Econometric Society Winter Meetings.
·
Program
Committee Member for the 2009 American Economic Association meetings.
·
Program Committee
Member for the 2008 American Economic Association meetings.
·
Program
Committee Member for the 9th World Congress of the Econometric
Society.
·
Program
Committee Member for the 2006 Econometric Society Winter Meetings.
·
Program
Committee Member for the 2000 Econometric Society Winter Meetings.
·
NSF
Advisory Panel in Economics, 2000 – 2002.
Languages
Fluent in Greek, German.