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 a Professor of Economics at Harvard University. Previously, he held the Venu and Ana Kotamraju Endowed Chair in Economics at the University of California, Los Angeles, and was a Professor of Economics and International Affairs at Princeton University. He is a Fellow of the Econometric Society, an NBER research associate, and a CEPR research affiliate. His research interests are in macroeconomics and international economics, where he studies globalization and labor markets, and currencies and exchange rates, 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 complete draft: Breaking Parity: Equilibrium exchange rates and currency premia
- New paper: The Optimal Macro Tariff and updarted slides
- New draft: What do financial markets say about the exchange rate? October 2025
- Sanctions and the Exchange Rate forthcoming in the Review of Economics Studies, August 2025
- “Mussa Puzzle Redux” lead article in Econometrica, January 2025
- “What Drives US Import Price Inflation?” AER P&P. NBER Digest May 2024
- “What Drives the Exchange Rate?” IMF Economic Review 2024. IMF ARC 2023 Conference
- “Optimal Exchange Rate Policy” November 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
- Annual Review survey on the Real Exchange Rate, August 2021
- Published papers and current working papers