PrincetonShield.JPG

Princeton University
Department of Economics

 

Oleg Itskhoki

 

n14718_33908081_3092.jpg

Contact Information:
Princeton University
Department of Economics, Fisher 306
itskhoki@princeton.edu
http://www.princeton.edu/~itskhoki/
Office:  +1 (609) 258-5493
Mobile: +1 (609) 216-4489
Fax:        +1 (609) 258-6419

Personal Information:
Date and Place of Birth: 7 January 1983, Moscow (Russia)
Citizenship: Russian

Research Fields:
Macroeconomics and International Economics

Education:
Ph.D. in Economics, Harvard University, 2004-2009
M.A. in Economics, New Economic School (Moscow), 2002-2004
B.Sc. in Economics, Moscow State University, 1999-2003

Academic Appointments:
2009–present: Princeton University, Department of Economics, and  Woodrow Wilson School of Public and International Affairs

-        Assistant Professor of Economics and International Affairs, July 2010–present

-        Associate Research Scholar, International Economics Section, 2009–2010

 

2010–present: National Bureau of Economic Research, Faculty Research Fellow

 

2010-present: Centre for Economic Policy Research, Research Affiliate

 

Working Papers:

1.      Fiscal Devaluations, December 2011

with Emmanuel Farhi and Gita Gopinath; Slides

 

2.      Trade and Inequality: From Theory to Estimation, December 2011, preliminary and incomplete draft

with Elhanan Helpman, Marc Muendler and Stephen Redding; Slides

 

3.      Trade Prices and the Global Trade Collapse of 2008-2009, November 2011

with Gita Gopinath and Brent Neiman

 

4.      Price Dynamics for Durable Goods, May 2011, draft coming soon

with Michal Fabinger and Gita Gopinath

 

5.      Optimal Redistribution in an Open Economy, November 2008, work in progress; Slides

 

6.      Wages, Unemployment and Inequality with Heterogeneous Firms and Workers, September 2008

with Elhanan Helpman and Stephen Redding; Slides

Earlier version: NBER Working Paper No. 14122, June 2008

 

7.      How Expensive is Commitment?, May 2007, preliminary and incomplete draft; Slides

Publications:

1.      Trade and Labor Market Outcomes, February 2011

Elhanan Helpman, Oleg Itskhoki and Stephen Redding

forthcoming in 2011, in D.Acemoglu, M.Arellano and E.Dekel (eds.), Advances in Economics and Econometrics: Theory and Applications, Tenth World Congress of the Econometric Society.

Frisch Memorial Lecture at the 2010 World Congress of the Econometric Society in Shanghai; Slides

 

2.      In Search of Real Rigidities, May 2010 [link to the chapter - without Section 6 on Bargaining model]

Gita Gopinath and Oleg Itskhoki

NBER Macroeconomics Annual 2010, Volume 25, 2011, pp. 261-310, The University of Chicago Press; Slides

comments by Mike Golosov and Virgiliu Midrigan

 

3.      Inequality and Unemployment in a Global Economy, February 2010 [link to journal article]

Elhanan Helpman, Oleg Itskhoki and Stephen Redding
Econometrica, July 2010, 78 (4): 1239–1283

Technical Appendix with Formal Derivations and Proofs, February 2010

Earlier version: NBER Working Paper No. 14478, November 2008; Slides

 

4.      Labor Market Rigidities, Trade and Unemployment, April 2009 [link to the journal article]

Elhanan Helpman and Oleg Itskhoki

Review of Economic Studies, July 2010, 77 (3): 1100–1137

Earlier versions: Draft with additional results, June 2008; NBER Working Paper No. 13365, September 2007; Slides

Labor Market Rigidity, Trade and Unemployment: A Dynamic Model, April 2009, a technical note

 

5.      Unequal Effects of Trade on Workers with Different Abilities, September 2009 [link to the journal article]

Elhanan Helpman, Oleg Itskhoki and Stephen Redding

Journal of the European Economic Association Papers & Proceedings, April/May 2010, 8 (2–3): 456-466

Technical Appendix, August 2009

 

6.      Frequency of Price Adjustment and Pass-through, May 2009 [link to the journal article]

Gita Gopinath and Oleg Itskhoki

Quarterly Journal of Economics, May 2010, 125 (2): 675-727

Earlier version: NBER Working Paper No. 14200, July 2008; Slides

 

7.      Currency Choice and Exchange Rate Pass-through, October 2008 [link to the journal article]

Gita Gopinath, Oleg Itskhoki and Roberto Rigobon

American Economic Review, March 2010, 100 (1): 304-336

Earlier version: NBER Working Paper No. 13432, September 2007; Slides

 

8.      Asymmetric Price Rigidity and the Optimal Rate of Inflation

Ekonomika i Matematicheskie Metody, July 2008, 44(3): 17-37 [in Russian]

Old version in English: NES Master Thesis, July 2004

 

9.      Model Selection and Paradoxes of Prediction

Quantile, September 2006, 1: 43-51 [in Russian]

English version: SSRN-id942870, January 2005

 

Teaching:

·         ECO 553: Ph.D. International Macroeconomics (Spring 2010, Fall 2010, Spring 2012); Syllabus

·         WWS 544: MPA International Macroeconomics (Fall 2010, Spring 2012); Syllabus

Honors, Fellowships and Grants:

·         Duke Young Macroeconomists’ Jamboree, 2010

·         National Science Foundation Grant “Risk and Inequality in a Global Economy” (co-PI with Elhanan Helpman and Stephen J. Redding), 2009-2012

·         Review of Economic Studies Tour, 2009

·         Chiles Fellowship, Harvard University, 2008-2009

·         Merit Award, Harvard University, 2007-2008

·         Dillon Fellowship, Harvard University, 2004-2005

·         Don Patinkin Prize, New Economic School, 2004

·         Best Student Paper Award, New Economic School, 2004

·         Evraz-Holding Scholarship, New Economic School, 2004-2005

Conference Presentations and Invited Seminars:

2012

(scheduled)

AEA Meetings (Chicago; discussant), Institute of Advanced Studies, Princeton, Wisconsin, Barcelona, Warwick, LSE, Stanford, Kiel Institute, SED (Cyprus).

2011

AEA Meetings (Denver; discussant), University of Michigan, Michigan State University, NY Fed, Philadelphia Workshop on Macroeconomics (discussant), University of Pennsylvania, Chicago Booth (short visit), FGV/EPGE Advances in Macroeconomics (Rio de Janeiro), NES-HSE CAS Conference on General Equilibrium (Moscow), Yale Cowles Summer Conference on Trade and Macroeconomics (discussant), Conference on Worker-specific Effects of Globalisation (Tubingen, Germany), NBER IFM Summer Institute (discussant), NES (Moscow), Philadelphia Fed, Board of Governors of the FRS, Columbia, NBER IFM Fall Meeting (Boston), UPenn-Wharton, NYU, Harvard, Philadelphia Fed Trade Workshop, MIT, Johns Hopkins University-SAIS, NY Fed, Graduate Institute and WTO (Geneva).

2010

NBER Macroannual (Boston), SED Annual Meeting (Montreal), Duke Macroeconomics Jamboree, Vanderbilt, Maryland, Temple, Hitotsubashi COE Conference on International Trade & FDI (Tokyo), University of Tokyo.

2009

Princeton, Northwestern, Chicago, Chicago GSB, Stanford, Stanford GSB, Berkeley, MIT, UCLA, CEFIR/NES, UPF/CREI, Spring NBER ITO Meeting (Boston; discussant), CESifo (Munich), ECARES (Brussels), Oxford, LSE/LBS, SED Annual Meeting (Istanbul), Princeton IES, NBER SI ITI (discussant), IMF, Moscow State University, LAMES-LACEA (Buenos Aires), Cornell, World Bank, Minneapolis Fed (short visit).

2008

Spring NBER ITO Meeting (Boston; discussant), Spring NBER Price Dynamics Meeting (Stanford), Penn State, NBER Summer Institute ME Meeting (Boston), SED Annual Meeting (Boston), SITE Summer Institute (Stanford), CEFIR/NES, Harvard, Yale, Chicago Fed.

2007

Spring NBER IFM Meeting (Boston), Harvard, CEFIR/NES, Central European University (Budapest), EEA/ESEM Meeting (Budapest), Fall NBER EFG Meeting (Chicago), Fall NBER ME Meeting (Boston), Winter NBER ITI Meeting (San Francisco), New York Fed Conference on Exchange Rates and Prices.

Public service:

·         Program committee member for the SED Annual Meeting in Cyprus, July 2012

·         Program committee member for the SED Annual Meeting in Montreal, July 2010

·         Excellence in Refereeing Award, American Economic Review, 2009, 2010

Refereeing:
AEJ-Macro, American Economic Review, B.E. Journals, Canadian Journal of Economics, Economic Journal, Economics of Transition, European Economic Review, Journal of Development Economics, Journal of Economic Theory, Journal of the European Economic Association, Journal of Health Economics, Journal of International Economics, Journal of Monetary Economics, Journal of Money, Credit and Banking, Journal of Political Economy, Quarterly Journal of Economics, Quantile, Review of Economic Studies, Review of Economics and Statistics, Review of International Economics, World Development, National Science Foundation Grant Proposals.

Discussions:

·         AEA Meetings 2012 (Chicago): "Liberalized Trade and Worker-Firm Matching" by Carl Davidson, Fredrik Heyman, Steve Matusz, Fredrik Sjöholm and Susan Zhu [Slides]

·         NBER IFM SI 2011: "Sudden Stops and Sovereign Defaults" by Luis Catão, Ana Fostel and Romain Rancière [Slides]

·         2011 Cowles Summer Conference "New Perspectives on International Trade, Development, and Macroeconomics" (Yale University): "Trade Protection and Currency Manipulation" by Arnaud Costinot, Guido Lorenzoni and Iván Werning [Slides]

·         9-th Philadelphia Workshop on Macroeconomics, April 2011: "Firm Dynamics, Job Turnover, and Wage Distribution in an Open Economy" by Kerem Coşar, Nezih Guner and James Tybout [Slides]

·         AEA Meetings 2011 (Denver): “Dissecting the French Export Wage Premium” by Jonathan Eaton, Samuel Kortum, Francis Kramarz and Raul Sampognaro [Slides]

·         NBER ITI SI 2009: “R&D Investment, Exporting, and Productivity Dynamics” by Bee Yan Aw, Mark Roberts and Daniel Xu

·         NBER ITO May 2009: “Innovation, Firm Dynamics and International Trade” by Andrew Atkeson and Ariel Burstein

·         NBER ITO April 2008: “Heterogeneity and Trade” by Arnaud Costinot

Ph.D. students:
2010: Saroj Bhattarai (PennState)
2011: Pablo Fajgelbaum (UCLA), Shlomi Kramer (General Electric), Mathieu Taschereau-Dumouchel (UPenn-Wharton), Edouard Schaal (NYU)

 

Revised: 9 January 2012