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Elhanan Helpman (Hebrew: אלחנן הלפמן, born March 30, 1946) is an Israeli
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
who is currently the Galen L. Stone Professor of International Trade at
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of highe ...
. He is also a Professor Emeritus at the Eitan Berglas School of Economics at
Tel Aviv University Tel Aviv University (TAU) ( he, אוּנִיבֶרְסִיטַת תֵּל אָבִיב, ''Universitat Tel Aviv'') is a public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Locate ...
.“Brief Biography and CV.” Harvard University.https://scholar.harvard.edu/helpman/biocv Helpman is among the thirty most cited economists in the world according to
IDEAS/RePEc Research Papers in Economics (RePEc) is a collaborative effort of hundreds of volunteers in many countries to enhance the dissemination of research in economics. The heart of the project is a decentralized database of working papers, preprints, ...
.


Biography

Helpman was born in
Jalal-Abad Jalal-Abad (also spelled Dzhalal-Abad, Djalal-Abat, Jalalabat; ky, Жалал-Aбат, ''Calal-Abat/Jalal-Abat'', جالال-ابات, ) is the administrative and economic centre of Jalal-Abad Region in southwestern Kyrgyzstan. Its area is , an ...
,
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
, in 1946 and immigrated with his family to
Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
. He had planned to study engineering, but soon changed his mind. Helpman recounts the story of a friend who studied economics, and often carried Samuelson's thick textbook to evening classes. When Helpman casually picked up the book to read, he simply could not stop. It was then he realized he would become an economist. His voracious reading across multiple fields would characterize his approach to knowledge, allowing him to research in many different fields. He graduated from Tel Aviv University twice, first with a B.A. in economics and statistics (1969) and then as a member of the first graduating class in the economics
M.A. A Master of Arts ( la, Magister Artium or ''Artium Magister''; abbreviated MA, M.A., AM, or A.M.) is the holder of a master's degree awarded by universities in many countries. The degree is usually contrasted with that of Master of Science. Tho ...
program (1971). Just three years later he completed his Ph.D. in economics at Harvard. Returning immediately to Tel Aviv University, he was a lecturer and later a university professor (1974-2004). In 1997, having already made landmark contributions in three separate areas of economics, he agreed to return to Harvard University. He is married to Ruth Helpman, and has two daughters. All three women are highly trained professionals. A renaissance man of many interests, his passion is
opera Opera is a form of theatre in which music is a fundamental component and dramatic roles are taken by singers. Such a "work" (the literal translation of the Italian word "opera") is typically a collaboration between a composer and a libr ...
.


Career

Helpman's contributions include studies of the
balance of payments In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., ...
, exchange-rate regimes, stabilization programs and foreign debt. Most important, however, are his studies of
international trade International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significa ...
,
economic growth Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate o ...
and
political economy Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour ...
. He is a cofounder of the "
new trade theory New trade theory (NTT) is a collection of economic models in international trade theory which focuses on the role of increasing returns to scale and network effects, which were originally developed in the late 1970s and early 1980s. The main ...
'' and the " new growth theory,'' which emphasize the roles of
economies of scale In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables ...
and
imperfect competition In economics, imperfect competition refers to a situation where the characteristics of an economic market do not fulfil all the necessary conditions of a perfectly competitive market. Imperfect competition will cause market inefficiency when it hap ...
. Much of his work in trade, growth, and political economy is summarized in seven books: ''Market Structure and Foreign Trade'' (with
Paul Krugman Paul Robin Krugman ( ; born February 28, 1953) is an American economist, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for ''The New York Times''. In 2008, Krugman was t ...
), ''Trade Policy and Market Structure'' (with Paul Krugman), ''Innovation and Growth in the Global Economy'' (with
Gene Grossman Gene Michael Grossman (born December 11, 1955, in New York) is the Jacob Viner Professor of International Economics at Princeton University. He received his B.A. in Economics from Yale University in 1976 and his Ph.D. in Economics from the Massac ...
), ''Special Interest Politics'' (with Gene Grossman), ''Interest Groups and Trade Policy'' (with Gene Grossman), ''The Mystery of Economic Growth'', and ''Understanding Global Trade.'' Helpman has also studied the
Israeli economy The economy of Israel is a developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability, modern inf ...
and has been an active participant in Israeli policy debates. He was a member of the Advisory Board of the
Bank of Israel The Bank of Israel ( he, בנק ישראל, ar, بنك إسرائيل) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron. ...
, the Council for National Planning, and the National Council for Research and Development. In addition, he was a member of the board of directors of
Bank Hapoalim Bank Hapoalim ( he, בנק הפועלים lit. ''The Workers' Bank'') is one of Israel's largest banks. History The bank was established in 1921 by the '' Histadrut'', the Israeli trade union congress (lit. "General Federation of Laborers in the ...
. Helpman has served on the editorial boards of several scientific journals, and served as Co-Editor of the ''
Journal of International Economics The ''Journal of International Economics'' is a peer-reviewed academic journal in the field of economics. The journal publishes articles on both theoretical and empirical aspects of international economics. Various topics covered include trade pa ...
'' and the ''
Quarterly Journal of Economics ''The Quarterly Journal of Economics'' is a peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Katz, Nathan ...
'' and as Editor of the '' European Economic Review''. He is a Fellow of the
Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...
and was a member of its Council. He delivered major invited lectures, such as the Frank Graham Memorial Lecture at
Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...
, the Schumpeter Lecture of the
European Economic Association The European Economic Association (EEA) is a professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna and its first president was Jacques Drèze. The current pres ...
, of which he is also a fellow, the Walras-Bowley and Frisch Lectures of the Econometric Society and the Ohlin Lectures at the
Stockholm School of Economics The Stockholm School of Economics (SSE; sv, Handelshögskolan i Stockholm, HHS) is a private business school located in city district Vasastaden in the central part of Stockholm, Sweden. SSE offers BSc, MSc and MBA programs, along with ...
. He is a member of the Israeli Academy of Sciences and Humanities, a Foreign Honorary Member of the
American Academy of Arts and Sciences The American Academy of Arts and Sciences (abbreviation: AAA&S) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, a ...
, a Corresponding Fellow of the
British Academy The British Academy is the United Kingdom's national academy for the humanities and the social sciences. It was established in 1902 and received its royal charter in the same year. It is now a fellowship of more than 1,000 leading scholars s ...
, a member of the
European Academy of Sciences and Arts The European Academy of Sciences and Arts (EASA, la, Academia Scientiarum et Artium Europaea) is a transnational and interdisciplinary network, connecting about 2,000 recommended scientists and artists worldwide, including 37 Nobel Prize laur ...
and a Distinguished Fellow of the
American Economic Association The American Economic Association (AEA) is a learned society in the field of economics. It publishes several peer-reviewed journals acknowledged in business and academia. There are some 23,000 members. History and Constitution The AEA was esta ...
. He was President of the Israeli Economic Association and President of the Econometric Society. He was awarded Honorary Doctorates by the Catholic University of Louvain and the
University of Warsaw The University of Warsaw ( pl, Uniwersytet Warszawski, la, Universitas Varsoviensis) is a public university in Warsaw, Poland. Established in 1816, it is the largest institution of higher learning in the country offering 37 different fields of ...
. From 2004 to 2014 he was director of the Program on Institutions, Organizations and Growth at the Canadian Institute for Advanced Research (CIFAR). He received the Mahalanobis Memorial Medal, the Bernhard Harms Prize, the Rothschild Prize, the
EMET Prize The EMET Prize for Art, Science and Culture is an Israeli prize awarded annually for excellence in academic and professional achievements that have far-reaching influence and make a significant contribution to society. Prizes are awarded in the fol ...
, the Nemmers Prize, the Onassis Prize, the BBVA Foundation Frontiers of Knowledge Award, the Jean-Jacques Laffont Prize, and the
Israel Prize The Israel Prize ( he, פרס ישראל; ''pras israél'') is an award bestowed by the State of Israel, and regarded as the state's highest cultural honor. History The Israel Prize is awarded annually, on Israeli Independence Day, in a state cer ...
.


Books for a General Audience

* 2011. ''Understanding Global Trade''. Cambridge: Harvard University Press. (Translated into Japanese, Chinese, Korean, Italian and Spanish.) * 2004. ''The Mystery of Economic Growth''. Cambridge: Belknap Press of Harvard University Press. (Translated into Swedish, Chinese, Hebrew, Spanish, Italian and Japanese.)


See also

*
List of Israel Prize recipients This is a complete list of recipients of the Israel Prize from the inception of the Prize in 1953 through to 2022. List For each year, the recipients are, in most instances, listed in the order in which they appear on the official Israel Prize ...


References


External links


Homepage at Harvard University

An Interview with Elhanan Helpman
{{DEFAULTSORT:Helpman, Elhanan 1946 births Living people Israel Prize in economics recipients EMET Prize recipients in the Social Sciences Fellows of the Econometric Society Harvard University alumni Harvard University faculty Trade economists International economists Israeli economists 20th-century American economists 21st-century American economists Fellows of the American Academy of Arts and Sciences Jewish American social scientists Tel Aviv University alumni Russian Jews Labor economists Israeli Jews American people of Russian-Jewish descent American people of Polish-Jewish descent Soviet emigrants to Israel Presidents of the Econometric Society Members of the Israel Academy of Sciences and Humanities Members of the European Academy of Sciences and Arts Distinguished Fellows of the American Economic Association Corresponding Fellows of the British Academy Fellows of the European Economic Association 21st-century American Jews