MIT SLOAN SCHOOL OF MANAGEMENT

Roberto’s Web Page

Roberto Rigobon

Curriculum Vitae


Massachusetts Institute of Technology                     

Sloan School of Management         

Room E62-520 

100 Main Street

Cambridge, MA 02139


Citizenship: US and Venezuela

Status: Married with three children


Phone Office: (617) 258-8374                                   

Fax Office: (617) 258-6786

Email: rigobon[at]mit.edu

Home page: http://web.mit.edu/rigobon/www/ 


Degrees and Academic Appointments:

Undergraduate Studies: 

  • Electrical Engineer, Universidad Simon Bolivar, Venezuela, 1984

Graduate Studies:    

  • MBA, Instituto de Estudios Superiores de Administracion (IESA), 1989-1991.
  • Ph.D. Economics, MIT, September 1993-1997

Principal Fields of Interest:

  • International Economics
  • Macroeconomics

MIT Appointments:

  • Society of Sloan Fellows Professor of Management, MIT, July 2009 - today.
  • Professor. Sloan School of Management, MIT. July 2007 - July 2009.
  • Associate Professor with Tenure. Sloan School of Management, MIT. July 2004 - 2007.
  • Associate Professor of Applied Economics. Sloan School of Management, MIT. July 2003 - July 2004.
  • Class of 1943 Career Development Professor. Sloan School of Management, MIT. July 2000 - June 2003.
  • Assistant Professor of Applied Economics. Sloan School of Management, MIT. July 1997 - June 2000.

Other Academic Appointments or Affiliations:

  • Committee on National Statistics, National Academy of Sciences -  2015- today.
  • Census Bureau’s Scientific Advisory Committee - 2012-today.
  • LACEA - President - 2012-2013
  • LACEA - Vice President - 2010-2011
  • LACEA - Executive Committee, 2007-2013.
  • Research Associate, NBER, since July 2003
  • Faculty Research Fellow, NBER, July 1999-2003.
  • Associate editor for Review of Economics and Statistics. 2003-2012.
  • Editor Economia Panel, 2006-today.
  • Associate editor for Economia, 2002-2005.
  • Associate editor for Emerging Markets Review, 2002-2005
  • Visiting Professor, Economics, IESA, Venezuela, since, July 1997.


 Referee for academic Journals: American Economic Review, Quarterly Journal of Economics, Review of Economics and Statistics, Journal of International Economics, Journal of Finance, Journal of Monetary Economics, Journal of Public Policy, Review of International Economics, Journal of International Money and Finance, Journal of Money Credit and Banking

Honors, Scholarships, and Fellowships:

  • NBER Research Associate 2003-
  • 50 Egresados más influyentes del IESA - 2015
  • NSF “Sticky Borders, Pass Through, and Terms of Trade” Grant # SES 0617256, 2005-2008.
  • NBER Faculty Research Fellow 1999-2003
  • Class 1943 Career Development Professor, MIT 2000-2003.1996-97: David Finch Fellowship.
  • Summer 1995: Fellowship, World Economic Laboratory at MIT.
  • Summer 1994: Fellowship, World Economic Laboratory at MIT.
  • 1993 - 1996: Fundacion Gran Mariscal Ayacucho, Premio a la Excelencia.
  • 1989 - 1991: IVEF Graduate Fellowship.

Teaching and other activities:

  • International Macroeconomics: 15.012. Sloan School's MBA .
  • International Macroeconomics II: 15.014. Sloan School's MBA .
  • Debates in Macroeconomics and Political Economy: 15.018. Sloan School’s MBA
  • Econometrics for Managers: 15.034. Sloan School’s MBA
  • International Macroeconomics for Sloan Fellows: 15.015 
  • Development Macroeconomics: 15.040. MBA elective: Fall 1999. Spring 2001. Fall 2009-2010
  • International Economics II: Ph.D. Economics 14.582: (2001 (half), 2003 (full), 2007 (half), 2009 (half), 2010 (half).
  • Junior Faculty Recruiting Committee

Teaching Awards:

  • Teacher of the Year award 1999, 2002, 2004, 2019, Sloan School of Management, MIT
  • Excellence in Teaching award 2000, 2003, 2005, Sloan School of Management, MIT.
  • The Samuel M. Seegal Prize. 2003. MIT award.

Publications

Papers published in Refereed Journals:

National Academies of Sciences, Engineering and Medicine:

Conference volumes and Earlier papers:

  • Segunda Misión del Mercado de Capitales: avances y desafíos ( Luis Alberto Rodríguez) Book Chapter
  • Alpargata, Cuba libre, y Playa: Cuando el Petroleo en una Bendicion y cuando una Maldicion? Book Chapter in honor of Ramon Espinasa
  • Dealing with Expropriations: General Guidelines for Oil Production Contracts, (2010) in The Natural Resources Trap, William Hogan and Federico Sturzeneger Eds., MIT Press.
  • Noisy Macroeconomic Announcements, Monetary Policy, and Asset Prices,  (with Brian Sack) in Campbell, J (eds) Asset Prices and Monetary Policy, NBER, 2008.
  • New Empirical Methods in Contagion: Which Ones Work, Which Ones Don’t? in Amalia Morales Zumaquero (eds.) International Macroeconomics: Recent Developments, Nova Science Publishers, NY, 2007.
  • Why are capital flows so much more volatile in emerging than in developed countries?,  (with Fernando Broner) in Caballero, R., C. Calderón and L. Céspedes (eds.) External Vulnerability and Preventive Policies, Banco Central de Chile. 2006
  • A Risk Management Approach to Emerging Market's Sovereign Debt Sustainability with an Application to Brazilian Data, (with Marcio Garcia) in Inflation Targeting, Debt, and the Brazilian Experience: 1999 to 2003, editors, Francesco Giavazzi, Ilan Goldfajn, and Santiago Herrera, MIT Press, 2005.
  • An alternative interpretation of the 'resource curse': Theory and policy implications, (with Ricardo Hausmann) in "Fiscal Policy Formulation and Implementation in Oil-Producing Countries” Editors: J.M. Davis, R. Ossowski, and A. Fedelino, July 2003, IMF.
  • Resource Curse or Debt Overhang?, (with Osmel Manzano) "Natural Resources and Development: Are They a Curse? Are They Destiny?" Editors: Daniel Lederman and William F. Maloney, 2003, Stanford University Press.
  • Contagion: How to measure it?, in "Preventing Currency Crises in Emerging Markets" Editors: Sebastian Edwards and Jeffrey Frankel, The University Chicago Press, Chicago, 2002, PP 269-334.
  • International Financial Contagion: Theory and Evidence in Evolution, The Research Foundation of AIMR, August, 2002.
  • Measuring Contagion: Conceptual and Empirical Issues, (with Kristin Forbes) Editor Stijn Claessens and Kristin Forbes. International Financial Contagion, Kluwer Academic Publishers. 2001
  • Financial Contagion in Emerging Markets, with Eduardo Fernandez Arias in Wanted: World Financial Stability. Eduardo Fermandez Arias and Ricardo Hausmann editors. IDB, 2000.
  • Gas subsidy in Venezuela: Its distributional impact'', Roberto Rigobon, in Hausmann, Ricardo and Rigobon, Roberto, eds. Government spending and income distribution in Latin America. Washington, D.C.: Inter-American Development Bank; distributed by Johns Hopkins University Press, Baltimore, 1993.
  • An Optimal Spending Rule Facing Oil Income Uncertainty (Venezuela)'' Hausmann, Ricardo, Powell, Andrew, and Rigobon, Roberto, in Engel, Eduardo and Meller, Patricio, eds. External shocks and stabilization mechanisms. Washington, DC: Inter-American Development Bank; distributed by Johns Hopkins University Press, 1993, pp. 113-71.
  • Government Spending and Income Distribution in Latin America, Hausmann, Ricardo and Rigobon, Roberto, editors. Washington, DC: Inter-American Development Bank; distributed by Johns Hopkins University Press, Baltimore, 1993.
  • A stabilization program for Venezuela: An analysis.'' (with J.C. Navarro) Coyuntura Economica, 1992. (in Spanish).
  • Financial regulatory system in Venezuela'' (with Ricardo Hausmann and Carlos Jaramillo), CEPAL, 1990. (In Spanish)

Comments, Book Reviews, and Policy Papers:

Research in Progress: Publications in Progress and Pending Review:


 Very old ones…. Maybe Forgotten.

Conferences and Service on Statistical Offices:

  • CSAC: Census Scientific Advisory Committee: 2013-2019
  • CNSTAT: Committee on National Statistics, National Academy of Sciences: 2015-2019
  • National Academy: Panel on Improving Federal Statistics for Policy and Social Science Research Using Multiple Data Sources and State-of-the-Art Estimation Methods: 2015-2019
  • BEA Conference: BEA Advisory Committee Meeting, Nov 2015
  • BEA-NA Conference: BEA Expert Meeting on Exploiting Commercial Data for Official Economic Statistics, Nov 2015
  • Malaysia Stats Conference: MyStats Big Data, Nov 2015

Conferences organized:

  • LACEA, President, ColMex, Mexico, 2013
  • LACEA, President, Lima Peru, 2012
  • LACEA, Vicepresident, 2011
  • LACEA, Vicepresident, 2010
  • LACEA, Program Committee, Mexico City, Mexico, 2006
  • LACEA, Program Committee, Puebla, Mexico, October, 2003
  • IASE at the NBER Summer institute, July 2003 "The Aftermath of Debt Restructuring and Default" with Sebastian Edwards.
  • LACEA, Program Chair, Winter Meetings, January, 2003
  • IASE at the NBER Summer institute, July 2001 "International transmission of shocks" with Sebastian Edwards.
  • LACEA, Program Committee, Montevideo, Uruguay, October, 1999.

Conferences and Seminars:

  • Bank of Thailand, December 2018, Big Data for Central Banks
  • Bundesbank, October, 2018, Big Data for Central Banks
  • BIS, 2018, October All Governors Meeting, Basel
  • IMF, November 2015, Big Data Conference
  • AFA, January 2009, “Equilibrium Portfolios and External Adjustment under Incomplete Markets" (with Anna Pavlova), March 2008.
  • ASSA, January 2008, "The Role of Portfolio Constraints in the International Propagation of Shocks" (with Anna Pavlova)
  • NBER, March 2007, Winter Meeting, “Pass Through at the Dock: Pricing to Currency and to Market?” (with Gita Gopinath and Oleg Itskhoki).
  • ASSA, January 2007, “Sticky borders” (with Gita Gopinath)
  • ASSA, January 2007, “Unexploited Gains from International Diversification.” (with Tatiana Didier and Sergio Schmukler)
  • UPF, October 2006 “Sticky borders” (with Gita Gopinath)
  • Bocconi, October 2006 “Sticky borders” (with Gita Gopinath)
  • LSE, October 2006 “Sticky borders” (with Gita Gopinath)
  • Kansas City Fed, October 2006 “Sticky borders” (with Gita Gopinath)
  • LACEA 2006, “Unexploited Gains from International Diversification.” (with Tatiana Didier and Sergio Schmukler)
  • ASSA, January 2006, present "Wealth Transfers and Portfolio Constraints" (with Anna Pavlova)
  • ASSA, January 2005, present "Asset Prices and Exchange Rates" (with Anna Pavlova)
  • ASSA, January 2005, present "Flight to quality, Contagion, and Portfolio Constraints" (with Anna Pavlova)
  • ASSA, January 2005, present "Rule of Law, Democracy, Openness, and Income: Estimating the Interrelationships" (with Dani Rodrik)
  • ASSA, January 2005, present "A Risk Management Approach to Emerging Market's Sovereign Debt Sustainability with an Application to Brazilian Data" (with Marcio Garcia)
  • World Bank, January 2004, "Once more: is account openness good for growth?" (with Ha Yan Lee and Luca Ricci).
  • ASSA, January 2004, present "News, Contagion, and Anticipation"
  • ASSA, January 2004, present "Asset Prices and Exchange Rates" (with Anna Pavlova)
  • ASSA, January 2004, present "The effects of war risk on US financial markets" (with Brian Sack)
  • ASSA, January 2004, present "Capital Controls, Managed Exchange Rates, and External Vulnerability" (with Sebastian Edwards)
  • IASE, November, 2003 "Once more: is account openness good for growth?" (with Ha Yan Lee and Luca Ricci), Chile.
  • Visiting Scholar, World Bank, 2003-2004.
  • NBER SI, July 2003, "Asset Prices and Exchange Rates" (with Anna Pavlova)
  • LAEBA, January 7, 2003, Brookings Institute, "News and Contagion"
  • ASSA, January 5, 2003, Conference on growth and natural resources "Resource Course or Debt Overhang" (with Osmel Manzano)
  • Barcelona, October 13, 2002, Conference organized by Barry Eichengreen on capital flows: "Capital Controls and External Vulnerability" (with Sebastian Edwards)
  • Lacea 2002, Madrid, October 10-12, "Capital Controls and External Vulnerability" (with Sebastian Edwards)
  • IMF visiting Scholar, September 2002.
  • NBER SI, Discussant of Peter Henry's: Is Disinflation good for the Stock Market.
  • Original Sin Conference, organized by Ricardo Hausmann and Barry Eichengreen, Discussant.
  • North American Econometric Society, UCLA, June 2002, "Measuring the Reaction of Monetary Policy to the Stock Market" (with Brian Sack).
  • “Measuring the Reaction of Monetary Policy to the Stock Market" (with Brian Sack) in conference "State-Space Models, Regime Switching, and Identification" Federal Reserve Bank of St. Louis, May 2002.
  • ASSA Meetings, "Measuring the Reaction of Monetary Policy to the Stock Market" (with Brian Sack), January 2002
  • ASSA Meetings, "The impact of monetary policy on asset prices" (with Brian Sack), January 2002
  • Berkeley Program in Finance, Santa Barbara, "Measuring the Reaction of Monetary Policy to the Stock Market" (with Brian Sack), October 2001
  • Q-Group, Arizona, "The curse of non-investment grade countries" October 2001
  • Winter Camp, Universidad Torcuato Di Tella, Argentina, August 2001.
  • NBER Summer Institute, "Measuring the Reaction of Monetary Policy to the Stock Market" (with Brian Sack), July 2001
  • IASE and NBER, "The curse of non-investment grade countries" July 2001
  • Visiting, FED, Board of Governors, June 2001
  • NBER conference on Currency Crisis Prevention "Contagion: How to Measure it?", January 2001, Florida.
  • NBER summer institute "Identification Through Heteroskedasticity", July 2000, Cambridge
  • WB-Wider-IMF conference on "Financial Contagion", Washington, Feb 4-5, 2000, paper presented "Measuring Contagion: Conceptual and Empirical Issues" (with Kristin Forbes), also discussant of three paper on contagion.
  • LACEA, Oct 21-23 1999, Santiago. "On the measurement of the international propagation of shocks" and "Informational Speculative Attacks: Good news is no news"
  • NBER summer institute "On the measurement of the international propagation of shocks", July 18, 1999, Cambridge.
  • WB Conference on "Contagion and Financial crises", Buenos Aires, Argentina, paper presented "On the measurement of the international propagation of shocks", May 19, 1999, Cambridge.
  • NBER "Currency Crises Conference", February 5, 1999, Cambridge. Discussant of paper: "Competitive devaluations: a welfare-based approach" by Corsetti, Pesenti, Roubini, Tille.
  • Winter Camp, Feb 7-10, 1999, at Cartagena, Colombia. Organized by Guillermo Calvo. "On the measurement of contagion"
  • Visiting, FED, Minneapolis, June 1998
  • CEPR "European Summer Symposium in Macroeconomics", May 27-31, Tarragona, Spain. "Informational Speculative Attacks: Good news is no news".
  • Distinguished Lecturer, Universidad de Los Andes, May 4-6, Bogota, 1998.
  • NBER "IFM Winter Meeting", April 20, 1998, Cambridge. "Informational Speculative Attacks: Good news is no news".
  • NBER "Currency Crises Conference", February 6-7, 1998, Cambridge. Discussant of paper: "Currency Crises: Current Account, Banking Fragility, and the Exchange Rate" Guillermo Calvo.
  • AEA "Exchange Rates and Monetary Policy" conference, January 4, 1998, Chicago. Discussant of paper: "Inflationary Finance, Capital Controls, and Currency Substitution" Tandon & Wang.
  • LACEA, Oct. 12 1997, Bogota. "Learning about Reforms".

Non-MIT Employment:

  • 1984 - 1985: Dow Chemical Venezuela. Computer Assistant.
  • 1985 - 1987: Dow Chemical Venezuela, in Merrell Dow Venezuela (Pharmaceutical division), Financial and Cost Manager.
  • 1987 - 1988: Merrell Dow Venezuela, Product Manager of new products.
  • 1988 - 1989: Merrell Dow Venezuela, Consumer Product Manager.
  • 1991 - 1993: Researcher in Economics at IESA.
  • 1997 - today: Visiting Professor at IESA.