Professor of Economics
Venu and Ana Kotamraju Endowed Chair in Economics
University of California, Los Angeles
Oleg Itskhoki
Professor of Economics
Harvard University
Oleg Itskhoki is moving to the Department of Economics at Harvard University, after holding the Venu and Ana Kotamraju Endowed Chair in Economics at the University of California, Los Angeles, and previously a Professor of Economics and International Affairs at Princeton University. He is a Fellow of the Econometric Society, an NBER research associate, a CEPR research affiliate, and an associate editor of the American Economic Review. His research interests are in macroeconomics and international economics, where he studies globalization and labor markets, and currencies, exchange rates and international relative prices, as well as other topics.
He holds a BA in economics from Moscow State University, an MA in economics from the New Economic School, and a PhD in economics from Harvard University. He is the 2022 John Bates Clark Medalist, a participant of the Review of Economic Studies Tour, a Sloan Research Fellow, a recipient of the Excellence Award in Global Economic Affairs from the Kiel Institute for the World Economy, and was on the IMF’s list of 25 influential economists under the age of 45.
News and updates
- New paper: The Optimal Macro Tariff
- New paper: Breaking Parity: Equilibrium exchange rates and currency premia
- “Mussa Puzzle Redux” lead article in Econometrica, January 2025
- “What Drives US Import Price Inflation?” AER P&P. NBER Digest May 2024
- “What do financial markets say about the exchange rate?” May 2024
- “What Drives the Exchange Rate?” IMF Economic Review 2024. IMF ARC 2023 Conference
- “Optimal Exchange Rate Policy” November 2023
- “International Sanctions and Limits of Lerner Symmetry” AER P&P May 2023
- “Exchange Rate Disconnect in General equilibrium” wins the 2023 Robert E. Lucas Jr. Prize
- “Oleg Itskhoki: 2022 John Bates Clark Medalist” by Andy Atkeson and Gita Gopinath in JEP Winter 2023
- EconomicDynamics Research Agenda: Exchange Rates, Nov 2022
- NBER Reporter research summary on Dominant Currencies, March 2022
- Sanctions and the Exchange Rate and VoxEU summary, April 2022
- Mussa Puzzle and Optimal Exchange Rate Policy, January 2022
- Annual Review survey on the Real Exchange Rate, August 2021
- Superstar Firms and Comparative Advantage, August 2020
- Published papers and current working papers