Thursday, May 07, 2009

Melitz to Harvard

Good news for Harvard. Marc Melitz has decided to accept the offer to return to our economics department. I am delighted.

Marc is, according to a standard ranking, the number one young economist in the country. (Note that Raj Chetty, who is number five on this list, has also recently decided to join our faculty.)

Here is one summary of the rightly famous Melitz model of international trade.