Elhanan Helpman (; 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 university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
. He is also a professor emeritus at the Eitan Berglas School of Economics at
Tel Aviv University
Tel Aviv University (TAU) is a Public university, public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Located in northwest Tel Aviv, the university is the center of teaching and ...
.
Helpman is among the thirty most cited economists in the world according to
IDEAS/RePEc.
Biography
Helpman was born in
Jalal-Abad,
Kyrgyz SSR
The Kirghiz Soviet Socialist Republic (Kirghiz SSR), also known as the Kyrgyz Soviet Socialist Republic (Kyrgyz SSR), KySSR or Kirgiz Soviet Socialist Republic (Kirgiz SSR), was one of the Republics of the Soviet Union, constituent republics of ...
, in 1946 and immigrated with his family to
Israel
Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Isr ...
. 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. 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 History of theatre#European theatre, Western theatre in which music is a fundamental component and dramatic roles are taken by Singing, singers. Such a "work" (the literal translation of the Italian word "opera") is typically ...
.
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., a ...
,
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 significan ...
,
economic growth
In economics, economic growth is an increase in the quantity and quality of the economic goods and Service (economics), services that a society Production (economics), produces. It can be measured as the increase in the inflation-adjusted Outp ...
and
political economy
Political or comparative economy is a branch of political science and economics studying economic systems (e.g. Marketplace, markets and national economies) and their governance by political systems (e.g. law, institutions, and government). Wi ...
. He is a cofounder of the "
new trade theory'' 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 Productivity, output produced per unit of cost (production cost). A decrease in ...
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 causes market inefficiencies, resulting in ...
. Much of his work in trade, growth, and political economy is summarized in eight books: ''Market Structure and Foreign Trade'' (with
Paul Krugman
Paul Robin Krugman ( ; born February 28, 1953) is an American New Keynesian economics, New Keynesian economist who is the Distinguished Professor of Economics at the CUNY Graduate Center, Graduate Center of the City University of New York. He ...
), ''Trade Policy and Market Structure'' (with Paul Krugman), ''Innovation and Growth in the Global Economy'' (with
Gene Grossman), ''Special Interest Politics'' (with Gene Grossman), ''Interest Groups and Trade Policy'' (with Gene Grossman), ''The Mystery of Economic Growth'', ''Understanding Global Trade'', ''Globalization and Inequality.''
Helpman has also studied the
Israeli economy and has been an active participant in Israeli policy debates. He was a member of the advisory board of the
Bank of Israel, 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 ( lit. ''The Workers' Bank'') is one of the largest banks in Israel, established in 1921. The bank offers a broad range of financial services to retail, corporate, and institutional customers, with a focus on retail banking services. ...
.
Helpman has served on the editorial boards of several scientific journals, and served as Co-Editor of the ''
Journal of International Economics'' 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
The ''European Economic Review'' is a peer-reviewed academic journal that covers research in economics. The journal was established in 1969 and the editors-in-chief are Evi Pappa (Universidad Carlos III de Madrid), David K. Levine (Royal Holloway U ...
''. He is a Fellow of the
Econometric Society
The Econometric Society is an international society of academic economists interested in applying statistical tools in the practice of econometrics. It is an independent organization with no connections to societies of professional mathematicians o ...
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 university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...
, the Schumpeter Lecture of the
European Economic Association
The European Economic Association (EEA) is a learned society, 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. ...
, 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. 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 (The Academy) 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, and other ...
, a Corresponding Fellow of the
British Academy
The British Academy for the Promotion of Historical, Philosophical and Philological Studies 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 sa ...
, a member of the
European Academy of Sciences and Arts
The European Academy of Sciences and Arts (EASA, ) is a transnational and interdisciplinary network, connecting about 2,000 recommended scientists and artists worldwide, including 38 Nobel Prize laureates. The European Academy of Sciences and ...
and a Distinguished Fellow of the
American Economic Association
The American Economic Association (AEA) is a learned society in the field of economics, with approximately 23,000 members. It publishes several peer-reviewed journals, including the Journal of Economic Literature, American Economic Review, an ...
. 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
The Catholic Church (), also known as the Roman Catholic Church, is the List of Christian denominations by number of members, largest Christian church, with 1.27 to 1.41 billion baptized Catholics Catholic Church by country, worldwid ...
and the
University of Warsaw
The University of Warsaw (, ) is a public university, public research university in Warsaw, Poland. Established on November 19, 1816, it is the largest institution of higher learning in the country, offering 37 different fields of study as well ...
. 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
Nemmers Prize, the
Onassis Prize, the
BBVA Foundation Frontiers of Knowledge Award, the Jean-Jacques Laffont Prize, and the
Israel Prize
The Israel Prize (; ''pras israél'') is an award bestowed by the State of Israel, and regarded as the state's highest cultural honor.
History
Prior to the Israel Prize, the most significant award in the arts was the Dizengoff Prize and in Israel ...
.
Books for a General Audience
* (Translated into Japanese, Chinese, Korean, Italian and Spanish.)
* (Translated into Swedish, Chinese, Hebrew, Spanish, Italian and Japanese.)
See also
*
List of Israel Prize recipients
This is an incomplete list of recipients of the Israel Prize from the inception of the Prize in 1953 - 2025.
List
For each year, the recipients are, in most instances, listed in the order in which they appear on the official Israel Prize website ...
References
External links
Homepage at Harvard UniversityAn 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