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  Gina C. Pieters
( PDF version)

Last updated: November 2, 2011


Personal Data

Mailing Address:
Department of Economics
4-101 Hanson Hall
1925 Fourth Street South
Minneapolis, MN, 55455

Contact Information
Phone: 612.625.6696
(preferred method of contact) Email: piet0120@umn.edu
Office: 3-137 Hanson Hall
Citizenship: USA (Citizen), South Africa (Citizen), New Zealand (Permanent Resident)
Languages: English (Fluent), Afrikaans (Native)
Computer Skills: Matlab, Mathematica, STATA, LaTeX

Major Fields of Concentration

International Economics, Trade, Growth and Development

Education

Degree    Field Institution Year
Ph.D. Economics University of Minnesota (expected) 2006-2012
B.S. Physics University of California, Santa Cruz 2001-2005
B.A. Economics (Highest Honors)    University of California, Santa Cruz     2001-2005

Working Papers

Trade and Within-Country Consumption Inequality (Job market Paper)
Last Upated: November 27, 2011
I study the effect of trade on consumption inequality within a country. Using a model of trade with product differentiation, pricing-to-market, and heterogeneity in firm productivity, I show that even in the absence of income changes, trade liberalization changes the optimal pricing decision of firms which causes changes in consumption inequality. I find that when the trade partner is an identical country trade liberalization increases consumption inequality. Trade with a country with high income inequality increases consumption inequality, while trade with a country with a high level of development decreases consumption inequality.
Learning About Growth, joint with Andy Glover
We introduce a model in which consumers must learn whether a country's growth rate shock is permanent or transitory. We document that for developing countries TFP growth rates have been highly volatile, while for developed country the growth rate is comparatively stable. This difference is sufficient to explain the allocation puzzle, the observation that developing countries with higher growth experience higher capital outflow. In addition, we document that the allocation puzzle decreases over time - in agreement with our model predictions. We interpret this as evidence that the learning mechanism underlying our model is relevant to understanding the differences in behavior of developed and developing countries.

Honors and Awards (Research)

2011 (Fall)   Travel Grant , Department of Economics, College of Liberal Arts, University of Minnesota, Minneapolis, MN
2010 (Summer)   Travel Grant , Department of Economics, College of Liberal Arts, University of Minnesota, Minneapolis, MN
2009   Second Place, Hardy Third Year Paper Competition for "Learning about Growth", joint with Andy Glover. Department of Economics, University of Minnesota, Minneapolis, MN
2009 (Summer)   Graduate Research Partnership Program Fellowship, Graduate School, University of Minnesota, Minneapolis, MN
2006 - 2007     Graduate School Fellowship, Graduate School, University of Minnesota, Minneapolis, Minnesota
2005 Highest Honors, Department of Economics, University of California, Santa Cruz

Presentations

October 2011 "Trade and Within-Country Consumption Inequality", presented at The 11th Annual Missouri Economics Association and Washington University's 6th Annual Graduate Student Conference, St. Louis, USA
July 2010 "Learning about Growth", presented at Society for Economic Dynamics Meeting, Montreal, Canada

Referee Experience

Journal of International Economics

Research Experience

2009 - Present     Visiting Scholar, Federal Reserve Bank of Minneapolis

Honors and Awards (Teaching)

2010-2011       Walter W. Heller Outstanding Teaching Award, College of Liberal Arts, University of Minnesota, Minneapolis, Minnesota
2010 (Spring)      Distinguished Instructor, Principles of Macroeconomics, Department of Economics, University of Minnesota, Minneapolis, Minnesota
2010 (Fall)      Distinguished Instructor, Principles of Macroeconomics, Department of Economics, University of Minnesota, Minneapolis, Minnesota
2009-2010       Walter W. Heller Outstanding Teaching Award, College of Liberal Arts, University of Minnesota, Minneapolis, Minnesota
2010 (Summer)      Distinguished Instructor, Principles of Macroeconomics, Department of Economics, University of Minnesota, Minneapolis, Minnesota
2009 (Spring)      Distinguished Instructor, Principles of Macroeconomics, Department of Economics, University of Minnesota, Minneapolis, Minnesota
2008 (Fall)      Distinguished Instructor, Intermediate Macroeconomics, Department of Economics, University of Minnesota, Minneapolis, Minnesota
2008 (Summer)       Distinguished Instructor, Principles of Macroeconomics, Department of Economics, University of Minnesota, Minneapolis, Minnesota
2008 (Spring) Distinguished Teaching Assistant, Principles of Macroeconomics, Department of Economics, University of Minnesota, Minneapolis, Minnesota

Teaching Experience

2010 - Present     Lead Instructor - Principles of Macroeconomics, Department of Economics, University of Minnesota, Minneapolis, Minnesota
Prepare all instructional material to be used by all other macro principles instructors, which includes creating and distributing lecture notes, recitation notes, exams, homework and online coursework, supervising and mentoring graduate student teaching assistants and graders (11 classs, 8 instructors, 10 teaching assistants, 1000+ undergraduate students annually).
2009 - Present     Large Lecture Instructor, Department of Economics, University of Minnesota, Minneapolis, Minnesota
Prepare all instructional material and supervise teaching assistants and graders for the large lecture section of Principles of Macroeconomics.
    Fall 2011: Principles of Macroeconomics (170 students). Book: "Macroeconomics", Mankiw
    Spring 2011: Principles of Macroeconomics (600 students). Book: "Macroeconomics", Mankiw
    Fall 2010: Principles of Macroeconomics (180 students). Book: "Macroeconomics", Mankiw
    Spring 2010: Principles of Macroeconomics (400 students). Book: "Macroeconomics", Mankiw
    Fall 2009, 2010: Principles of Macroeconomics (210 students). Book: "Macroeconomics", Mankiw
    Spring 2009: Principles of Macroeconomics (240 students). Book: "Macroeconomics", McConnell Brue
2008, 2010 Instructor, Department of Economics, University of Minnesota, Minneapolis, Minnesota
    Summer 2011: Principles of Macroeconomics, Summer Intensive (17 students). Book: "Macroeconomics", Mankiw
    Summer 2010: Principles of Macroeconomics, Summer Intensive (25 students). Book: "Macroeconomics", Mankiw
    Fall 2008: Intermediate Macroeconomics (20 students). Book: "Macroeconomics", Williamson
    Summer 2008: Principles of Macroeconomics, Summer Intensive (35 students). Book: "Macroeconomics", McConnell Brue
2007-2008 Teaching Assistant, Department of Economics, University of Minnesota, Minneapolis, Minnesota
    Spring 2008: Principles of Macroeconomics (3 sections of 35 students). Book: "Macroeconomics", Krugman Wells
    Fall 2007: Principles of Microeconomics (3 sections of 35 students). Book: "Microeconomics", Mankiw

Text Reviewer

Sachs, Jeffery and Gordon McCord. 2009 Principles of Economics and Global Sustainable Developvement. Addison-Wesley: Boston (Prospectus Review)
Cowen, Tyler and Alex Tabarrok, 2009. Modern Principles of Economics. Worth Publishers: New York
Williamson, Stephen, 2009. Macroeconomics, 3rd Edition. Addison-Wesley: Boston (Pre-revision review)