Pinelopi “Penny” Koujianou Goldberg is the Elihu Professor of Economics at Yale University. She is currently on public service leave from Yale while acting as Chief Economist of the World Bank Group. Goldberg is President elect of the Econometric Society (for 2021) and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is a member of both the National Academy of Sciences and the American Academy of Arts and Sciences, a recipient of both Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a research associate at the National Bureau of Economics Research (NBER currently on leave) and board member of the Bureau of Research and Economic Analysis of Development (BREAD). She holds a Ph.D in Economics from Stanford University and a Diplom in Economics from the University of Freiburg, Germany.

Research Interests

Pinelopi Goldberg is an applied microeconomist drawn to policy-relevant questions in trade and development. She has exploited a broad set of methodological approaches-ranging from estimation of structural industry equilibrium models typical of the Industrial Organization literature to reduced form techniques-to provide insights into such diverse topics as the determinants and effects of trade policies, trade and inequality, intellectual property rights protection in developing countries, exchange rate passthrough, pricing to market, and international price discrimination. Her most recent research examines the resurgence of protectionism in the U.S., and the interplay between informality and trade liberalization in the presence of labor market frictions, specifically the role that informal markets in developing countries play in smoothing transitions to a more open economic environment when labor markets are highly regulated. Since joining the World Bank as Chief Economist, she has been involved in the Bank's efforts to improve the measurement of human capital in developing countries.

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Primary Section

Section 54: Economic Sciences