Lorenzo Caliendo is Won Park Hahn Professor of Global Affairs and Management and Professor of Economics at Yale University. Caliendo’s research is focused on understanding and quantifying the economic effects of international trade and migration. His work follows three main strands. The first strand focuses on the determinants of the trade and welfare effects of commercial and migration policy. Of particular interest to him are the propagation effects, via input-output linkages, across spatially distinct labor markets. The second examines how a firm’s growth and how foreign trade competition affect a firm’s organizational structure, the wage structure inside a firm, and a firm’s productivity. The third strand deals with understanding the macroeconomics effects of international trade and growth.

Caliendo joined Yale School of Management in 2011. Before that, he was a Visiting Research Fellow at the International Economic Section, Department of Economics of Princeton University and a Lecturer in Economics at the University of Chicago. He received two Uruguayan National Prizes in Economics (Premio Raúl Trajtenberg and ACADECO). He holds a BA in Economics (UCUDAL), a MCom (Auckland University), a MA in Economics and a PhD in Economics from the University of Chicago. He is also an Associate Professor of Economics at the Department of Economics of Yale University (by courtesy), a Faculty Research Fellow at the National Bureau of Economic Research, a member of the Research Staff at the Cowles Foundation for Research in Economics, affiliated Faculty to the Jackson Institute for Global Affairs at Yale University, and an Associate Editor at the Journal of International Economics.

Research and Publications

Bown, C. P., Caliendo, L., Parro, F., Staiger, R. W., & Sykes, A. O. (2025). Reciprocity and the Labor Market Effects of Trade Liberalization. 

Caliendo, L., Kortum, S. S., & Parro, F. (2025). Tariffs and trade deficits (No. w34003). National Bureau of Economic Research.

Cai, S., Caliendo, L., Parro, F., & Xiang, W. (2025, July). Mechanics of Spatial Growth: A Quantitative Assessment of 1990s China’s Regional Growth. In SI 2025 Economic Growth.

Bown, C. P., Caliendo, L., Parro, F., Staiger, R. W., & Sykes, A. O. (2024). Reciprocity and the China shock (No. w32835). National Bureau of Economic Research.  

Caliendo, L., & Feenstra, R. C. (2024). Foundation of the small open economy model with product differentiation. Journal of International Economics, 150, 103820.

Caliendo, L., Dolabella, M., Moreira, M., Murillo, M., & Parro, F. (2024). Voluntary emission restraints in developing economies: The role of trade policy (No. w32459). National Bureau of Economic Research.  

Caliendo, L., Dolabella, M., Moreira, M., Murillo, M., & Parro, F. (2024). Trade Policy and Voluntary Emission Restraints in Developing Economies. 

Caliendo, L., Feenstra, R. C., Romalis, J., & Taylor, A. M. (2023). A second-best argument for low optimal tariffs on intermediate inputs. Journal of International Economics, 145, 103824.

Caliendo, L., & Parro, F. (2023). Lessons from US–China trade relations. Annual Review of Economics, 15, 513-547.  

Caliendo, L., Opromolla, L. D., Parro, F., & Sforza, A. (2023, May). Labor supply shocks and capital accumulation: The short-and long-run effects of the refugee crisis in europe. In AEA Papers and Proceedings (Vol. 113, pp. 577-584). 2014 Broadway, Suite 305, Nashville, TN 37203: American Economic Association.

Caliendo, L. (2023). A comment on: Globalization, trade imbalances and inequality. Journal of Monetary Economics, 133, 73-76. 

Cai, S., Caliendo, L., Parro, F., & Xiang, W. (2022). Mechanics of spatial growth (No. w30579). National Bureau of Economic Research.  

Caliendo, L., & Parro, F. (2022). Trade policy. Handbook of international economics, 5, 219-295.

Caliendo, L., Opromolla, L. D., Parro, F., & Sforza, A. (2021). Goods and factor market integration: A quantitative assessment of the EU enlargement. Journal of Political Economy, 129(12), 3491-3545.

Caliendo, L., Feenstra, R. C., Romalis, J., & Taylor, A. M. (2021). A second-best argument for low optimal tariffs (No. w28380). National Bureau of Economic Research.  

Caliendo, L., Mion, G., Opromolla, L. D., & Rossi-Hansberg, E. (2020). Productivity and organization in Portuguese firms. Journal of Political Economy, 128(11), 4211-4257.