Christian Broda is Duquesne Capital Management’s managing director. Before joining Duquesne, he was a professor of economics at the University of Chicago. Christian Broda has written many articles on the subject of international trade and finance, and his work has been published in Journals such as the American Economic Review. He has featured quite frequently on the press, too. Dr. Broda has a B.A in economics from Universidad de San Andres, and a masters and PhD of the same from Massachusetts Institute of Technology.
He has served in other high positions before. He was the Head of International Research at Barclays Capital, Federal Reserve Bank of New York and Columbia University. He was also a chief International Economist at Lehman Brothers. Currently, he works with the Journal of Development Economics as an associate editor and in the IMF Economic Review as a co-editor. He is a member of the faculty at the National Bureau of Economic Research and one of the Latin American Association Economia journal’s members.
While many economists have, inaccurately, predicted the fall of the US dollar, Dr Broda is and has been of the contrary opinion. According to him, the dollar is getting stronger and stronger by the day, and should be able to retain its dominance in the global market. This is despite the fact that U.S. policy actions could be blamed for global financial crisis that the world had to go through. Dr. Broda also accurately predicted that inflation was going to remain low for quite a while due to certain market forces. This was in an academic paper he co-authored with Ethan Harris in 2009.
In a paper that he wrote with David Weinstein, Dr. Broda attempts to quantify the gains the United States acquires from Globalization. This is something that has never been done before. International Trade has certainly made a big impact in the United State. Not only does a free market lead to a change in the prices of the goods, it also provides the consumers with more variety. While globalization has provided United States consumers with a wider choice for products and enhanced their well-being, there has not been an attempt to measure those gains. After much analysis, the article puts the value of global variety growth between 1972 and 2001 at $260 billion. It further states that more research needs to be done in the area.
Dr. Broda’s fine work has not gone without recognition. In 2006, he was named the James S. Kemperer Scholar. He also got massive support for his research by being awarded two National Science Foundation (NSF) grants in 2005 and 2008. Work aside; he is also a family man. He is married with two kids.