Professor of Finance, Associate Dean for Graduate Programs
Office: 367 Mendoza College of Business
Areas of Expertise
International trade and regional economic integration, foreign direct investment and multinational enterprises, macroeconomics, U.S. economy
Recognized by the Research Papers in Economics project (RePEc) as one of the world’s foremost experts in international trade, Bergstrand researches international trade between countries, which includes more broadly the topics of free trade agreements and other trade policies, foreign direct investment and multinational enterprises, and immigration. “My research has focused on improving our understanding of what factors actually explain international trade, foreign direct investment, and migration flows, and how they are related,” Bergstrand said. “With a more precise understanding of these issues, we have developed a clearer understanding of how much international economic policies — such as free trade agreements, bilateral investment treaties and the like — actually impact these flows, which ultimately foster economic growth and raise standards of living.” In addition to his work in international trade, Bergstrand focuses on international finance and exchange rates, macroeconomics and the U.S. economy. He is the author of more than two dozen journal articles and of “Going Global: 25 Keys to International Operations.” He is a co-editor of the book “The Changing Distribution of Income in an Open U.S. Economy.” A member of the Notre Dame faculty since 1986, Bergstrand previously served as an economist with the Federal Reserve Bank of Boston.
What’s Next for the U.S. Economy?
Bergstrand gives an overview of China’s manipulation of its currency.
Bergstrand analyzes the recent EU summit and explains his predictions for western Europe and the world economy.
Eurozone downgrade will have small impact
EU fiscal summit unsuccessful; countries headed for recession
Yuan exchange rate is significant factor in U.S.-China trade imbalance
U.S. trade deal with S. Korea would benefit both countries
U.S. economy growing, but expect hardship through 2010
Interest rate hike and the U.S. economy
ND NEWSWIRE ARTICLES
Notre Dame free trade research recognized as “Top 20 Most-Cited”
Finance professor ranked among top international trade experts
Mendoza economist cited among top international trade experts
Finance professor receives award from leading journal
IN THE NEWS
CNBC — Trump’s TPP pullout could hurt workers more than it helps
Associated Press — Analysis: Trump’s Trade Plans to Test His Deal-Making Skills
CNN — Killing TPP is bad news for Americans, but great for China
CNBC — Wall Street raises $26M for charity…in one night
Associated Press — A look at forex trading scandal
CNBC — Coming to a classroom: Ice buckets and pot#
Bloomberg Businessweek — Breaking the Ice: A B-School Primer on Making Faculty Friends
Fox Business — China’s Credit Crunch is Spooking Global Investors
Bloomberg — Are Free-Trade Agreements Actually Protectionist?
Reuters — Azevedo looks to resurrect WTO with patient diplomacy
CNN — Japan spurs talk of currency war
CNN — Sandy should be wake-up call to avoid fiscal cliff
Associated Press/Bloomberg Businessweek/Huffington Post/U.S. News & World Report — WHY IT MATTERS: Outsourcing
CNN Mexico — La Fed y el BCE acaparan los reflectores
CNN Money — Central banks take center stage
The New York Times — After Pledge of Help for Euro, Pressure Is On for Bank Chief
Los Angeles Times — European Central Bank chief swears to ‘preserve the euro,’ Dow soars
CNN Money — The risks of more Federal Reserve action
CNN Mexico — 4 riesgos de otra intervención de la Fed
Bloomberg Businessweek — Will Draghi Put His Money Where His Mouth Is?
CNN Money — Greece election: What’s next
Irish Independent — Greek elections set stage for volatile week on markets
Reuters — Global Markets Week Ahead – After Greece, the worries only mount
CNN Money — Should Draghi be more like Bernanke?
AP — Austerity is a dirty word in Europe but what next?
AP — France gets new leader, Europe new direction
AP — Hollande victory could impact US markets this week
CNN (op-ed) — Nostalgia for factory jobs that will never come back
NPR — Obama’s Manufacturing Push Meets Skepticism From Experts
AP — Manufacturers providing outsize boost to economy
Bloomberg — America’s Blue Collar Nostalgia Masks Future Challenges
Bloomberg — Santorum Picks Own ‘Winners and Losers’ Even as He Chides Obama
CNN — Europe can’t catch a break
The New York Times — Currency Agreement for Japan and China
Reuters — Euro Rate Doesn’t Suggest Break-Up
Reuters India — World stocks little changed after S&P warning, hopes still for deal
Reuters — FOREX-Euro declines; S&P warning weighs ahead of EU summit
CNN Money — Welcome to the Great Global Easing
CNN Money — Can China save Europe
Huffington Post — GDP Falls As Economic Growth Slows To A Crawl, New Estimates Show
CBS MoneyWatch — What the Debt Deal Means for Jobs and the Economy
The Street — Long Time Devotee May Amp Up Bond Buys
Wall Street Journal — How China Could Break the Debt-Ceiling Impasse, And Why It Won’t
CBS Radio, The Osgood File — A Tale Of Two Receptions For China’s President In The U.S.
CNN.com — The yuan problem isn’t going away
Voice of America Radio Network — China Pledges New Yuan Flexibility Ahead of Hu’s US Visit
Indianapolis Star — Indiana battles eroding jobs base