GITA GOPINATHHarvard UniversityDepartment of Economics1875 Cambridge StreetCambridge, MA 02138International Monetary FundResearch Department700 19th St. NWWashington, DC 20431(617) fficials/bios/Gita-GopinathACADEMIC POSITIONS2005-presentHarvard University, Department of EconomicsJohn Zwaanstra Professor of International Studies and of Economics (2015-present)Professor of Economics (2010-15)Associate Professor of Economics (2009-10)Assistant Professor of Economics (2005-09)Director of Graduate Studies (2016-17, 2013-14)2001-05University of Chicago, Booth School of BusinessAssistant Professor of EconomicsPUBLIC SERVICE POSITIONS2019-presentInternational Monetary Fund (I.M.F.)Chief Economist (Economic Counsellor and Director of the Research Department)Full-time appointment, on leave of public service from Harvard University.2016-18Federal Reserve Bank of New York, Member of Economic Advisory Panel2016-18Chief Minister of Kerala State, India, Economic Adviser(Honorary appointment in the rank of Principal Secretary to Government)2013-14Ministry of Finance, India, Member of Eminent Persons Advisory Group on G-20MattersRESEARCH POSITIONS2004-presentNational Bureau of Economic ResearchCo-Director, International Finance and Macroeconomics Program (2017-18)Research Associate (2011-present)Faculty Research Fellow (2004-10)2018-presentAmerican Academy of Arts and Sciences, Elected Fellow2018-presentEconometric Society, Elected Fellow2009-18Federal Reserve Bank of Boston, Research Department, Visiting Scholar1

EDITORIAL POSITIONS2017-18American Economic ReviewCo-Editor2013-17Review of Economic StudiesManaging Editor (2014-17)Foreign Editor (2013-14)2009-12American Economic Review, Board of Editors2004-14Journal of International Economics,Special Editor (2013-14)Associate Editor (2004-12)2014Scandinavian Journal of Economics, Guest Editor2007-10Journal of Economic Perspectives, Associate Editor2009-13IMF Economic Review, Editorial BoardEDUCATION2001Princeton University, Ph.D. in EconomicsFields: International Macroeconomics and TradeAdvisors: Ken Rogoff, Ben Bernanke, Pierre-Olivier Gourinchas1996University of Washington, Masters in Economics1994Delhi School of Economics, Masters in Economics1992University of Delhi, Lady Shri Ram College, B.A. Economics (Honors)HONORS, FELLOWSHIPS, AND AWARDS2020Business Today: India’s Most Powerful Women2019Government of India: Pravasi Bharatiya Samman (highest honor for overseas Indians)Council on Foreign Relations: Elected MemberForeign Policy: Top 100 Global ThinkersBloomberg: 50 people who defined 2019Time: Women who Broke Major Barriers to Become 'Firsts' in 20192018American Academy of Arts and Sciences: Elected FellowEconometric Society: Elected Fellow2017University of Washington, Department of Economics: Distinguished Alumnus AwardRoyal Economic Society Meetings, Bristol, U.K.: Hahn LectureSociety for Economic Measurement Meetings, Boston: Keynote SpeakerCEPR IMF Meetings, Zurich, Switzerland: Keynote Speaker2

Export-Import Bank of India, Mumbai: 33rd Commencement Day Annual Lecture2016Indian Statistical Institute, India: Keynote SpeakerDelhi School of Economics, India: Keynote Speaker2016-presentNational Science Foundation Grant: “The International Price System: Macro and MicroEvidence”2015MYRA School of Business, India: Women Achievers Hall of Fame2014International Monetary Fund: Top 25 economists under 45Harvard University Graduate Student Council: Nominated for Everett MendelsohnExcellence in Mentoring Award2012Financial Times: 25 Indians to WatchInstitute for Social and Economic Change, India: VKRV Rao Visiting Professor2011-17National Science Foundation Grant: “Trade Adjustment in Large Crises” (with BrentNeiman)2011World Economic Forum: Young Global Leader2008-16National Science Foundation Grant: “International Prices, Costs and Mark-ups” (withPierre-Olivier Gourinchas and Chang-Tai Hsieh)2006-15National Science Foundation Grant: “Sticky Borders, Pass Through, and the Terms ofTrade” (with Roberto Rigobon)2006-09Harvard University, Department of Economics: Andrew E. Furer Fellow2005Journal of International Economics: Bhagwati Prize for the best paper for the two years2003 and 20042005Harvard University Undergraduate Council: Nominated for the Joseph R. LevensonTeaching Prize2003-04University of Chicago, Graduate School of Business: James S. Kemper FoundationScholar1999-2001Princeton University: Wilson Fellowship Research Award1996University of Washington, Department of Economics: Graduate Teaching AssistantAward1995University of Washington: James K. Hall Award for academic performance1992-94University of Delhi: National Post-Graduate Fellowship in Economics1992University of Delhi: President’s Gold Medal in Economics: Ranked first in the universityin B.A. Economics (Honors)3

PUBLICATIONS[1] “Banking, Trade, and the Making of a Dominant Currency” (with Jeremy Stein)Quarterly Journal of Economics, Forthcoming[2] “Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy” (with AlbertoCavallo, Brent Neiman and Jenny Tang).American Economic Review: Insights, Forthcoming[3] “Dominant Currency Paradigm” (with Emine Boz, Camila Casas, Federico Diez, Pierre-OlivierGourinchas, Mikkel Plagborg-Moller).American Economic Review, March 2020, Volume 110 (3)[4] “Cash and the Economy: Evidence from India’s Demonetization” (with Gabriel Chodorow-Reich,Prachi Mishra, Abhinav Narayan).Quarterly Journal of Economics, February 2020, Volume 135 (1)[5] “Dollar Invoicing and the Heterogeneity of Exchange Rate Pass-Through” (with Emine Boz, MikkelPlagborg-Moller).AEA Papers and Proceedings, May 2019, Volume 109[6] “Trade Invoicing, Bank Funding, and Central Bank Reserve Holdings” (with Jeremy Stein).AEA Papers and Proceedings, May 2018, Volume 108[7] “The Macroeconomics of Border Taxes” (with Omar Barbeiro, Emmanuel Farhi and Oleg Itskhoki).NBER Macroeconomics Annual, 2018, Volume 33[8] “Capital Allocation and Productivity in South Europe”, (with Sebnem Kalemli-Ozcan, LoukasKarabarbounis and Carolina Villegas-Sanchez).Quarterly Journal of Economics, 2017, Volume 132 (4)[9] “The International Price System”Jackson Hole Symposium Proceedings, 2016[10] “Coordination and Crisis in Monetary Unions” (with Mark Aguiar, Manuel Amador, and EmmanuelFarhi)Quarterly Journal of Economics, October 2015, Volume 130 (4)[11] “Sovereign Debt Booms in Monetary Unions” (with Mark Aguiar, Manuel Amador, and EmmanuelFarhi)American Economic Review, Papers & Proceedings, May 2014, Volume 104 (5)[12] “Fiscal Devaluations” (with Emmanuel Farhi and Oleg Itskhoki)Review of Economic Studies, April 2014, Volume 81 (2)[13] “Trade Adjustment and Productivity in Large Crises” (with Brent Neiman)American Economic Review, March 2014, Volume 104 (3)[14] “International Prices and Exchange Rates,” (with Ariel Burstein)Gopinath, G., Helpman, E., & Rogoff, K. (Eds.): Handbook of International Economics, Amsterdam:Elsevier, 2014, Volume 4.4

[15] “Trade Prices and the Global Trade Collapse of 2008-09” (with Oleg Itskhoki and Brent Neiman)IMF Economic Review, September 2012, Volume 60[16] “International Prices, Costs and Markup Differences” (with Pierre-Olivier Gourinchas, Chang-TaiHsieh and Nicholas Li)American Economic Review, October 2011, Volume 101(6)[17] “In Search of Real Rigidities” (with Oleg Itskhoki)NBER Macroeconomics Annual, 2010, Volume 25[18] “Frequency of Price Adjustment and Pass-through” (with Oleg Itskhoki)Quarterly Journal of Economics, May 2010, Volume 125(2)[19] “Currency Choice and Exchange Rate Pass-through” (with Oleg Itskhoki and Roberto Rigobon)American Economic Review, March 2010, Volume 100(1)[20] “Expropriation Dynamics” (with Mark Aguiar and Manuel Amador)American Economic Review, Papers and Proceeding, May 2009, Volume 99(2)[21] “Investment Cycles and Sovereign Debt Overhang” (with Mark Aguiar and Manuel Amador)Review of Economic Studies, January 2009, Volume 76(1)[22] “Sticky Borders” (with Roberto Rigobon)Quarterly Journal of Economics, May 2008, Volume 123(2)[23] “Emerging Market Business Cycles: The Cycle is the Trend” (with Mark Aguiar)Journal of Political Economy, February 2007, Volume 115(1)[24] “The Role of Interest Rate and Productivity Shocks in Emerging Market Fluctuations” (with MarkAguiar)Prepared for the Annual Conference of the Central Bank of Chile on Current Account and ExternalFinancing, December 2006.[25] “Defaultable Debt, Interest Rates and the Current Account” (with Mark Aguiar)Journal of International Economics, June 2006, Volume 69(1)[26] “Fire-Sale FDI and Liquidity Crises” (with Mark Aguiar)Review of Economics and Statistics, August 2005, Volume 87(3)[27] “Lending Booms, Sharp Reversals and Real Exchange Rate Dynamics”Journal of International Economics, January 2004, Volume 62(1)Awarded the Bhagwati prize for the best paper published in JIE for the two years 2003 and 2004.WORKING PAPERS & WORK IN PROGRESS[28] “A Conceptual Model for the Integrated Policy Framework” (with Suman Basu, Emine Boz,Francisco Roch and Filiz Unsal), IMF Working Paper, 2020[29] “Global Trade and the Dollar” (with Emine Boz and Mikkel-Plagborg Moller), 20175

[30] “Dominant Currency Paradigm” (with Camila Casas, Federico Diez and Pierre-Olivier Gourinchas),2016[31] “Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises” (withMark Aguiar, Manuel Amador and Emmanuel Farhi), 2013[32] “Price Dynamics for Durable Goods” (with Michal Fabinger and Oleg Itskhoki), May 2011[33] “Efficient Expropriation: Sustainable Fiscal Policy in a Small Open Economy” (with Mark Aguiarand Manuel Amador), January 2006BOOKSWhat the Economy Needs NowCo-edited with Abhijit Banerjee, Raghuram Rajan and Mihir Sharma; Juggernaut, 2019Handbook of International EconomicsCo-edited with Elhanan Helpman and Kenneth Rogoff; Amsterdam: Elsevier, 2014Workbook for the Foundation of International EconomicsWritten for the book by Maurice Obstfeld and Kenneth Rogoff, 1998OTHER PUBLICATIONS[1] “A Case for an Integrated Policy Framework,” Jackson Hole Symposium, 2019[2] Comment on "The Reallocation Myth," by Chang-Tai Hsieh and Peter J. Klenow. Proceedings of theJackson Hole Symposium, 2017[3] “A Macroeconomic Perspective on Border Taxes,” Brookings Papers on Economic Activity, 2017[4] “International Economy Issues,” "Evolution or Revolution: Rethinking Macroeconomic Policy”,edited by Olivier Blanchard and Larry Summers, MIT Press, 2017[5] Comment on “From Chronic Inflation to Chronic Deflation” by Guillermo Calvo, The State ofEconomics, The State of the World. MIT Press, 2016[6] “Interview on Dominant Currency Paradigm”, Federal Reserve Bank of Minneapolis, 2016[7] Comment on “Individual Price Adjustment along the Extensive Margin”, by Etienne Gagnon, DavidLópez-Salido, and Nicolas Vincent, NBER Macroeconomics Annual, edited by Daron Acemoglu,Jonathan Parker, and Michael Woodford, University of Chicago Press, 2012[8] “International Prices and Exchange Rates,” NBER Reporter, Number 2: Research Summary, 2012[9] Interview on “Sovereign Default,” Review of Economic Dynamics Newsletter, Volume 13, Issue 1,November 20116

[10] Review of “Other People’s Money: Debt Denomination and Financial Instability in EmergingMarket Economies”, edited by Barry Eichengreen and Ricardo Hausmann, Journal of InternationalEconomics, Volume 71(1), March 2007[11] Comment on “South Korea's Experience with International Capital Flows,” by Marcus Noland,Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, andConsequences, edited by Sebastian Edwards, 525-528. Chicago: University of Chicago Press, 2007[12] Review of “Dollar Adjustment: How Far? Against What?”, edited by C. Fred Bergsten and JohnWilliamson, Journal of Economic Literature, Volume 44(1), March 2006[13] Comment on “When it Rains It Pours: Procyclical Fiscal Policy and Macroeconomic Policies”, byKaminsky, Reinhart and Vegh, NBER Macroeconomics Annual, edited by Mark Gertler and KennethRogoff, MIT Press, 2004TEACHINGHarvard University, Department of Economics: International Finance (Ph.D. course) Foundations of International Macroeconomic Policy (Undergraduate course)University of Chicago, Booth School of Business: Emerging Financial Markets (MBA course) International Financial Policy (MBA course)Ph.D. STUDENTS 7)18)Omar BarberiroLaura BlattnerWenxin DuEyal DvirMichal FabingerOleg ItskhokiKeyu JinLoukas KarabarbounisRohan KekreTaehoon KimSeung Jung LeeBrent NeimanMikkel Plagborg-MollerElisa RubboJesse SchreggerNihar ShahVania StavrakevaJenny Tang(and their First Placement)Federal Reserve Bank of BostonStanford Graduate School of BusinessBoard of Governors of the Federal Reserve SystemBoston CollegePenn State UniversityPrinceton UniversityLondon School of EconomicsUniversity of Chicago, Booth School of BusinessUniversity of Chicago, Booth School of BusinessInternational Monetary Fund (IMF)Board of Governors of the Federal Reserve SystemUniversity of Chicago, Booth School of BusinessPrinceton UniversityUniversity of Chicago, Booth School of BusinessHarvard Business SchoolFederal Reserve Bank of New YorkLondon Business SchoolFederal Reserve Bank of Boston7

OTHER PROFESSIONAL SERVICE2015-presentBellagio Group, Member2013-18NBER Neemrana Meetings in India, joint with ICRIER and NCAER, Co-organizer2012-14Global Agenda Council for International Monetary System, World Economic Forum, Member2014-16Global Agenda Council for India, World Economic Forum, Member2012-15NBER Spring Meetings, International Finance and Macroeconomics Program, Co-organizer8