Chair ofInternational Economics

Prof. Gonçalo Pina, Chair Owner of  International Economics, Berlin campus, ESCPAt the Chair of International Economics, we study the global economic environment in which businesses, households, and policy makers operate. Our research and teaching incorporate theoretical and empirical aspects, with a focus on real-world examples, to help navigate decision making in an international context.

Recent research focuses on the effect of trade-shocks in monetary unions, the role of financial innovation in international sovereign debt markets, and the effect of financial liberalization on economic growth. Our aim is for future business leaders to develop the necessary tools to navigate a changing global economic environment.

- Prof. Gonçalo Pina

Teaching
We offer the following courses:

Bachelor in
Management (BSc)

  • International Economics
Go to the programme

Master in
Management(MIM)

  • Economics for Managers
Go to the programme

Master in
International Sales Management

  • Economics for Managers
Go to the programme

MSC in
International Sustainability Management

  • International Economics
See more

Research

Research approach

We study macroeconomic and financial policies that are relevant for open economies, combining theoretical and empirical methods.

Theoretical methods:

  • Static and dynamic optimization
  • Stochastic control in continuous time
  • Simulation methods

Empirical methods:

  • Structural estimation and panel data econometrics
  • Linear Projections and instrumental variables
  • Quasi-experimental methods and non-parametric estimation
  • Data collection: web scrapping and hand-collection

Research topics

Currency unions, trade shocks and monetary policy in open economies

Studies the causal impacts of trade shocks and monetary policy shocks in economies under a fixed exchange rate, for example, in the Eurozone.

GDP-linked bonds and sovereign default

Investigates the development, performance and effects of state-contingent debt bonds (GDP-linked), in international sovereign bond markets.

Financial Liberalizations

Explores how different financial liberalizations, for example, opening to capital flows and to competition in the financial sector, interact and determine economic growth.

Accumulation and management of international reserves

Examines how central banks manage their holdings of foreign currencies when they face of trade and financial shocks.

behavioural Economics

How decision making, scheduling and feedback affect performance in competitive environments.

Focus on:
Last Publications

Journal

PINA, G. (2019), Task scheduling and performance: Evidence from professional surf tournaments, JOURNAL OF ECONOMIC PSYCHOLOGY, accepted.

Journal

PINA, G. (2019), Macro and micro financial liberalizations, savings and growth, JOURNAL OF FINANCIAL ECONOMIC POLICY, 10 (2), 290-309.

Journal

PINA, G. (2017), International Reserves and Global Interest Rates, JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 74 (June), 371-385

Journal

PINA, G. (2015), The Recent Growth of International Reserves in Developing Economies: A Monetary Perspective, JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 58 (November), 172-190.

Peer-reviewed Journal

KOLEV, G. I., G. PINA, and F. TODESCHINI. (2015), "Decision making and underperformance in competitive environments: Evidence from the national hockey league." KYKLOS, 68 (1), 65-80.

Publications
Find an overview

Display:
16 publications

Academic Articles

2024

PINA, G.

State-Contingent Debt with Lender Risk Aversion

QUARTERLY REVIEW OF ECONOMICS AND FINANCE, 94, 180-189

Academic Articles

2023

PINA, G., K. J. MITCHENER

The effects of countercyclical interest rates: Evidence from the classical gold standard

JOURNAL OF INTERNATIONAL ECONOMICS, vol. 145, 103827

ESCP Impact Papers

2023

BICK, M., J. BREAUGH, C. DONG, G. PINA, C. WALDNER

AI and the future of academic writing: Insights from the ESCP Business School Prompt-o-thon workshop in Berlin

ESCP Impact Papers, 2023-24-EN

Academic Articles

2022

PINA, G.

State-contingent government debt: a new database

CREDIT AND CAPITAL MARKETS, 55 (1), 35–66

ESCP Impact Papers

2022

CREEL, J., G. PINA

ThisGenEU

ESCP Impact Papers, 2022-21-EN

Working Papers

2022

PINA, G., K. J. MITCHENER

Causal Effects of Countercyclical Interest Rates: Evidence from the Classical Gold Standard

NBER / NBER Working Papers

Academic Articles

2020

PINA, G., K. J. MITCHENER

Pegxit pressure

JOURNAL OF INTERNATIONAL MONEY AND FINANCE, Vol. 107

Books

2020

PINA, G.

GDP‑linked bonds in the Portuguese Economy

Fundação Francisco Manuel dos Santos

Books

2020

PINA, G.

Dívida indexada ao PIB na economia portuguesa

Fundação Francisco Manuel dos Santos

Academic Articles

2019

PINA, G.

Task scheduling and performance: Evidence from professional surf tournaments

JOURNAL OF ECONOMIC PSYCHOLOGY

Team and contact

Prof.Dr. Gonçalo Pina, Chair owner, Chair of International Economics, Berlin Campus, ESCP

Prof.Dr. Gonçalo Pina

Chair Owner
gpina@escpeurope.eu
Meryem Masmoudi, Student Assistant, Chair of International Economics, Berlin Campus, ESCP

Meryem Masmoudi

Student Assistant
mmasmoudi@escpeurope.eu