Each year, the International Economics Section (IES) at Princeton University invites a member of the international economics community to deliver the prestigious Frank D. Graham Memorial Lecture. This year on April 21, Yale Professor Pinelopi Goldberg delivered the 69th annual Graham Lecture titled “Informality, Trade, and Development.”
Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University.
Goldberg is an applied microeconomist drawn to policy-relevant questions in trade and development. Her most recent research examines the resurgence of protectionism in the U.S.; trade, poverty and inequality; the interplay between informality and trade liberalization in the presence of labor market frictions; and discrimination against women in developing countries.
Goldberg holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 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 member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of 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), Distinguished Fellow of the Centre for Economic Policy Research (CEPR), and board member of the Bureau of Research and Economic Analysis of Development (BREAD).
Frank Graham was a Princeton professor from 1921 to 1949 and the second Walker Professor of Economics and International Finance. Professor Graham published widely on international trade and international monetary issues.
After his untimely death in 1949, the lecture was established by his friends inside and outside the department to honor his memory. It is the signature event of the International Economics Section and has been delivered over the years by a veritable Who’s Who in International Economics, including ten Nobel Laureates.
A complete list of previous Graham Lecturers can be found here.