May 18, 2011
Birth date:
Married to Natasha Lance Rogoff, two children (Gabriel and Juliana)
Massachusetts Institute of
Technology, Ph.D., February 1980 Doctoral
Dissertation: Essays on Expectations and Exchange Rate Volatility.
Yale University, B.A./M.A.
summa cum laude, Honors in Economics, May 1975.
Chief Economist and Director of Research, International Monetary
Fund, 2001–2003.
Director, Harvard Center for
International Development, 2003–2004.
Professor of Economics and International Affairs, Princeton University, 1992–94; Charles and
Marie Robertson Professor of International Affairs, 1995–1999.
Professor of Economics, University
of California at Berkeley, 1989–1991.
Associate Professor of Economics, University
of Wisconsin-Madison, 1985–1988.
Economist, International Finance Division, Board of Governors of the Federal Reserve
System, 1980–1983; Section Chief, Trade and Financial Studies Section,
1984.
Economist, Research Department, International
Monetary Fund, Oct. 1982 – Sept. 1983.
BP-LSE Visiting Centennial Professor, London
School of Economics, 1998–99 academic year.
Morgenstern Visiting Professor of Economics, New York University, spring semester 1995.
Visiting Scholar, Bank of Japan,
Institute for Monetary and Economic Studies, summer 1991.
Visiting Scholar, Research Department, World
Bank, summer 1989.
Visiting Scholar, Board of Governors
of the Federal Reserve System, International Finance Division, 1988, 1994.
Visitor, Institute for International
Economic Studies,
Visiting Scholar, Research Department, International
Monetary Fund, 1988, 1994.
Consultant to the Bank of Portugal,
summer 1977.
Deutsche Bank Prize in Financial Economics, 2011
National Academy of Sciences, Member, 2010 –
TIAA-CREF Paul A. Samuelson Award, 2010
American Academy of Arts and
Sciences, Fellow, 2001 –
Econometric Society,
Fellow, 1991–
World Economic Forum Fellow, 2003 –
John Simon Guggenheim Fellow, 1998
German Marshall Foundation
Fellow, 1991
National Fellow, Hoover Institution,
1986.
Alfred P. Sloan Research Fellow, 1986
National Science Fellowship, MIT, 1975–78
Biographee in Who’s Who in America, 1971 –
Vice President, American Economic Association, 2007.
Research Associate, National Bureau of Economic
Research, 1985 –
Member, Council on Foreign Relations, 2004
–
Member, Trilateral Commission, 2003
–
Member, Group of Thirty, 2008 –
Member, Economic Advisory Panel, Federal
Reserve Bank of New York, 2004 –
Member, Academic Advisory Panel, Central
Bank of Sweden, 2005 –
Co-editor, NBER
Macroeconomics Annual, 2000 –
Member, Advisory Committee, Institute for
International Economics, 2001 –
Member, Advisory Board, Journal of
Economic Perspectives, 2005 –
Member, Program Committee, American
Economic Association Meetings, 2005.
Centre for Economic Policy Research,
Scientific Advisory Committee, 2000–2003.
Panel Member, Economic Policy,
2002–2003.
Honorary Advisor to the Bank of Japan, Institute for
Monetary and Economic Studies, 2001.
Program Committee, Alfred P. Sloan
Research Fellowship in Economics, 1993–1999.
Co-Organizer, International Seminar on Macroeconomics,
1994, 1998.
Associate Editor: Review
of Economics and Statistics, 1993 –; Economics
Letters, 1993–1996; Journal
of International Economics, 1995 –; Quarterly
Journal of Economics, 1984–1995; Journal
of Economic Perspectives, 1987–1990.
Member, National Science Foundation
Advisory Panel on Economics, 1988–1989.
International Grandmaster of Chess, 1978
– present (inactive).
This Time Is
Different: Eight Centuries of Financial Folly (with Carmen M.
Reinhart),
Foundations of International Macroeconomics (with Maurice Obstfeld).
Workbook for Foundations of International Macroeconomics (by Maurice Obstfeld, Kenneth Rogoff and
Gita Gopinath).
Handbook of International Economics,
vol. 3, (Gene Grossman and Kenneth Rogoff,
editors).
International Debt and International Financial Institutions
"On
Graduation from Default, Inflation and Banking Crises: Elusive or
Illusion?" (with Rong Qian and Carmen M. Reinhart), in Daron Acemoglu and
Michael Woodford (eds), 2010 NBER Macroeconomics Annual. Chicago:
University of Chicago Press, 2011 forthcoming. An earlier version appeared as NBER Working Paper No. 16168,
July 2010. Abstract
“From
Financial Crash to Debt Crisis” (with Carmen M. Reinhart), forthcoming, American
Economic Review. DATA.
Also available as NBER
working paper 15795, March 2010.
“The Forgotten History of Domestic Debt” (with Carmen M. Reinhart), Economic Journal Vol. 121, Issue 552 (May 2011): 319–350, lead article. Also available as NBER working paper 13946, April 2008.
“Growth in a Time of Debt” (with Carmen M. Reinhart), American Economic Review 100 (2), May 2010, 573–578. Also available as NBER working paper 15639, January 2010.
“The Aftermath of Financial Crises” (with Carmen M. Reinhart), American Economic Review 99 (May 2009) 466–472. Also available as NBER Working Paper No. 14656, January 2009.
“Is the 2007 US Sub-Prime Financial Crisis So Different?” (with Carmen Reinhart), American Economics Review 98 (May 2008) pp 339–344. Also appeared as NBER Working Paper #13761, January 2008.
“Fiscal Conservatism, Exchange Rate Flexibility, and the
Next Generation of Debt Crises,” Cato Journal,
vol 25 (Winter 2005), 33–39.
“Grants
versus Loans for Development Banks” (with Jeremy Bulow), American
Economic Review 95(2), May 2005, 393–97.
“Serial
Default And The “Paradox” Of Rich To Poor Capital
Flows,” (with Carmen M. Reinhart), American Economic Review 94(2),
May 2004, 52–58. An earlier version was published as NBER Working Paper #10296,
February 2004.
"Debt
Intolerance" (with Carmen M. Reinhart and Miguel A. Savastano), in William Brainard
and George Perry (eds.), Brookings Papers on Economic Activity 1: 2003,
1–74. An earlier version appeared as NBER Working Paper 9908, August
2003.
“Bankruptcy
Procedures for Sovereigns: A History of Ideas, 1976–2001,” (with Jeromin Zettelmeyer),
International Monetary Fund Staff Papers 49, September 2002, 471–507.
“Institutions
for Reducing Global Financial Instability,” Journal of Economic
Perspectives 13, Fall 1999, 21–42. Also NBER Working
paper 7265, July 1999.
“Official
Creditor Seniority and Burden Sharing in the Former Soviet Bloc,” (by
Jeremy Bulow, Kenneth Rogoff and Afonso Bevilaqua, Brookings Papers in Macroeconomic Activity
1: 1992, 195–222.
“Dealing with Developing Country Debt in the 1990s,” The World Economy
15, July 1992, 475–86.
“Sovereign
Debt Repurchases: No Cure for Overhang” (with Jeremy Bulow), Quarterly
Journal of Economics 106, November 1991, 1219–35.
“North-South
Lending and Endogenous Domestic Capital Market Inefficiencies,” (with Mark Gertler), Journal of Monetary Economics 26, October
1990, 245–266.
“Bargaining
and International Policy Cooperation,” American Economic Review 80,
May 1990, 139–142.
“Cleaning
Up Third-World Debt Without Getting Taken To the Cleaners,” (with Jeremy
Bulow), Journal of Economic Perspectives 4 (Winter 1990), 31–42.
“Introduction”
to Symposium on New Institutions for Developing-Country Debt, Journal of
Economic Perspectives 4 (Winter 1990), 3–6.
“Sovereign
Debt: Is to Forgive to Forget?” (with Jeremy
Bulow), American Economic Review 79 (March 1989), 43–50.
“A
Constant Recontracting Model of Sovereign Debt”
(with Jeremy Bulow), The Journal of
Political Economy 97 (February 1989), 155–178.
“The
Buyback Boondoggle” (with Jeremy Bulow), Brookings Papers on Economic
Activity: no. 2, 1988, 675–698.
“Multilateral
Negotiations for Rescheduling Developing Country Debt: A Bargaining-Theoretic
Framework” (with Jeremy Bulow), International Monetary Fund Staff Papers
35 (December 1988), 644–657. Reprinted in Jacob A. Frenkel, Michael P. Dooley and Peter Wickham (eds.), Analytical
Issues in Debt (International Monetary Fund, Washington, D.C., 1989).
New Open Economy Macroeconomics
“Risk
and Exchange Rates,” (with Maurice Obstfeld), in
Elhanan Helpman and Effraim Sadka
(eds.), Contemporary Economic Policy: Essays in Honor of Assaf
Razin.
“New
Directions for Stochastic Open Economy Models,” (with Maurice Obstfeld), Journal of International Economics 50,
Feb. 2000, 117–53.
“Exchange
Rate Dynamics Redux,” (with Maurice Obstfeld), Journal of Political Economy 103, June
1995, 624–60.
Empirical Exchange Rate Issues
"Can Exchange Rates Forecast Commodity Prices?" (with Yu-Chin Chen and Barbara Rossi), Quarterly Journal of Economics, August 2010, Vol. 125, No. 3: 1145–1194.
“‘Exchange
Rate Models Are Not as Bad as You Think’: A comment,” forthcoming in Daron Acemoglu, Kenneth Rogoff,
and Michael Woodford (eds.), NBER Macroeconomics Annual 2007, Cambridge,
MA: MIT Press for the National Bureau of Economic Research, 2008.
“Exchange Rate Durability and Performance in Developing versus Advanced Economies” (with Aasim Husain and Ashoka Mody), Journal of Monetary Economics 52 (January 2005), 35–64. (An earlier version appeared as NBER Working paper 10673, August 2004).
The Modern History of Exchange Rate Arrangements: A Reinterpretation, (with Carmen M. Reinhart) Quarterly Journal of Economics 119(1):1–48, February 2004. An earlier version appeared as NBER Working Paper 8963 (June 2002).
Evolution and Performance of Exchange Rates Regimes, (with Aasim M. Husain, Ashoka Mody, Robin J. Brooks, and Nienke Oomes), International Monetary Fund Occasional Paper 229, 2004. Earlier version IMF Working Paper WP03/243, December 2003.
“Commodity
Currencies” (with Yu-chin Chen), Journal
of International Economics 60 (May 2003), 133–160.
“Dornbusch’s Overshooting Model After 25 years: IMF Mundell-Fleming Lecture,” International Monetary Fund Staff Papers 49,Special Issue 2002, 1-35, including remarks by Rudiger Dornbusch. An earlier version appeared as International Monetary Fund Working Paper 02/39.
“The Failure of Empirical Exchange Rate Models: No Longer New but Still True,” Economic Policy Web Essay, October 2001, Issue 1, volume 1.
“Empirical Exchange Rate Models of the Seventies: Do They Fit Out of Sample?” (with Richard Meese), Journal of International Economics 14 (February 1983), 3-24. (See also “The Failure of Empirical Exchange Rate Models: No Longer New, But Still True,” Economic Policy Web Essay, September 2001.)
“The
Out-of-Sample Failure of Empirical Exchange Rate Models: Sampling Error or
Misspecification?” (with Richard Meese), in Jacob Frenkel (ed.), Exchange Rates and International
Macroeconomics (NBER and University of Chicago Press, 1983), 67-105.
“The Euro at Five: Short-run Pain, Long-run Gain?” Journal of Policy Modeling 27(4),
June 2005, 441-443.
"Austerity
and the IMF," Fifth
Annual Richard H. Sabot Lecture, Washington: Center for Global Development,
April 12, 2010.
“An Evaluation of World Bank Research, 1998-2005” (with Abhijit Banerjee, Angus Deaton, and Nora Lustig), World Bank, September 2006.
"Exchange Rate Volatility and Productivity Growth: The Role of Financial Development" (with Philippe Aghion; Philippe Bacchetta, and Romain Ranciere), Journal of Monetary Economics 56:4 (May 2009), pp. 494-513. An earlier version appeared as National Bureau of Economic Research Working Paper 12117, May 2006
“Financial Globalization, A Reappraisal” (with M. Ayhan Kose, Eswar Prasad, and Shang-Jin Wei), International Monetary Fund Staff Papers Vol. 56, issue 1 (April 2009): 8-62. (Also available as revised version of International Monetary Fund, Working Paper WP/06/189, December 2006; and NBER Working Paper No. 12484, August 2006.)
Some Speculation on Growth and Poverty over the Twenty-First Century,” in Sue Collins and Carol Graham, editors, Globalization, Growth and Poverty, The Brookings Trade Forum (2004): 305-311.
Financial
Globalization, Growth and Volatility In Developing
Countries” (with Eswar Prasad, Ayhan Kose and Shang-Jin Wei), National Bureau of Economic
Research Working Paper 10942 (December 2004), in Ann Harrison (ed.) Globalization
and Poverty,
“Extending the Limits of Global Financial Integration,” Journal of Policy Modeling 26(4), June 2004, 519-523.
The Effects of Financial Globalization on Developing Countries: Some Empirical Evidence (with Eswar Prasad, Shang-Jin Wei and Ayhan Kose), International Monetary Fund Occasional Paper 220, 2003. PowerPoint presentation
“FDI to
Africa: The Role of Price Stability and Currency Instability,” (with Carmen
M. Reinhart), in Boris Pleskovic and Nicholas Stern
(eds.), Annual World Bank Conference on Development Economics 2002: The New
Reform Agenda, (
Farash Distinguished Lecture,
Ohlin Lectures, Stockholm University,
December 2007
Asian Development Bank Eminent Persons Lecture, October 2007
LACEA Meeting, Bogota, Opening Plenary Lecture, October 2007
Okun Lectures, Yale University, 2006
Walras Pareto Lectures, University of Lausanne, 2006
Griliches Lectures, New Economic School, 2006
Pedro Barrie Lectures, Vigo University, 2005
Graham Lecture, Princeton University, 2004
Harris Lecture, Harvard University, 2004
Razin Lecture, Georgetown University, 2004
Brooks Family Public Lecture, Dartmouth, 2003
Mundell-Fleming Lecture, International Monetary Fund,
2002