Pierre-Olivier Gourinchas
Pierre-Olivier Gourinchas | |
---|---|
Chief Economist of the International Monetary Fund | |
Assumed office 24 January 2022 | |
President | Kristalina Georgieva |
Preceded by | Gita Gopinath |
Personal details | |
Education | ) |
Pierre-Olivier Gourinchas is a French
Biography
Pierre-Olivier Gourinchas studied at the
IMF
Effective January 24, 2022, he was appointed the Chief Economist of the International Monetary Fund (IMF), succeeding Gita Gopinath.[5] As Chief Economist, he is part of the Senior Leadership of the IMF.
In October 2023, Gourinchas advised central banks to keep monetary policy tightened as despite some decreases in late 2023, the risks from inflation to the health of economies remained high.[6]
In January 2024, he issued an updated IMF World Economic Outlook in which he described projected global economic growth and the status of inflation.[7] He has stated that US economic growth, fiscal stimulus in China and risks from wars are relevant in IMF forecasting.[8]
Research
Pierre-Olivier Gourinchas' research interests include
Key publications
- Gourinchas, P.O., Parker, J.A. (2002). Consumption over the life cycle. Econometrica, 70(1), pp. 47–89.
- Gourinchas, P.O., Farhi, E., Caballero, R.J. (2008). An Equilibrium Model of "Global Imbalances" and Low Interest Rates. American Economic Review, 98, pp. 358–393.
- Gourinchas, P.O., Rey, H. (2007). From world banker to world venture capitalist: US external adjustment and the exorbitant privilege. In: Clarida, R.H. (ed.). G7 Current Account Imbalances. Chicago: University of Chicago Press, pp. 11–66.
- Gourinchas, P.O., Rey, H. (2005). International financial adjustment. NBER Working Paper Series.
- Gourinchas, P.O., Jeanne, O. (2006). The elusive gains from international financial integration. Review of Economic Studies, 73(3), pp. 715–741.
- Gourinchas, P.O., Obstfeld, M. (2012). Stories of the twentieth century for the twenty-first. American Economic Journal: Macroeconomics, 4(1), pp. 226–265.
- Gourinchas, P.O., Valdes, R., Landerretche, O. (2001). Lending booms: Latin America and the world. NBER Working Paper Series.
- Gourinchas, P.O., Jeanne, O. (2007). Capital flows to developing countries: The allocation puzzle. NBER Working Paper Series.
- Gourinchas, P.O., Rey, H. (2014). External adjustment, global imbalances, valuation effects. In: Handbook of International Economics, vol. 4. Amsterdam: Elsevier, pp. 585–645.
- Gourinchas, P.O., Tornell, A. (2004). Exchange rate puzzles and distorted beliefs. Journal of International Economics, 64(2), pp. 303–333.
- Li, N. et al. (2010). International prices, costs, and markup differences. American Economic Review.
References
- ^ Faculty profile of Pierre-Olivier Gourinchas. Retrieved May 16th, 2018.
- ^ List of prize winners. Retrieved May 16th, 2018.
- ^ Curriculum vitae of Pierre-Olivier Gourinchas. Retrieved May 16th, 2018.
- ^ "The Econometric Society Announces its 2020 Fellows | The Econometric Society". www.econometricsociety.org. Retrieved 2021-04-12.
- ^ "IMF Managing Director Names Pierre-Olivier Gourinchas as IMF Economic Counsellor and Head of Research Department". IMF. Retrieved 2022-01-28.
- ^ "IMF urges central banks to remain firm on inflation". Financial Times. Retrieved 20 February 2024.
- ^ "IMF World Economic Outlook January Update". IMF. Retrieved 20 February 2024.
- ^ "Bloomberg Talks: Pierre-Olivier Gourinchas". Bloomberg. Retrieved 20 February 2024.
- ^ Ranking of economists registered on IDEAS/RePEc. Retrieved May 16th, 2018.