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div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox biography vcard"><tbody><tr><th colspan="2" class="infobox-above" style="font-size:125%;"><div class="fn">Julio Rotemberg</div></th></tr><tr><td colspan="2" class="infobox-image"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Julio_Rotemberg_resize.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/2/26/Julio_Rotemberg_resize.jpg/250px-Julio_Rotemberg_resize.jpg" decoding="async" width="220" height="276" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/2/26/Julio_Rotemberg_resize.jpg 1.5x" data-file-width="257" data-file-height="322" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Born</th><td class="infobox-data"><span style="display:none">(<span class="bday">1953-09-26</span>)</span>September 26, 1953<sup id="cite_ref-hbs.edu_1-0" class="reference"><a href="#cite_note-hbs.edu-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><br /><div style="display:inline" class="birthplace">Buenos Aires, Argentina <sup id="cite_ref-hbs.edu_1-1" class="reference"><a href="#cite_note-hbs.edu-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></div></td></tr><tr><th scope="row" class="infobox-label">Died</th><td class="infobox-data">April 2, 2017<span style="display:none">(2017-04-02)</span> (aged 63)<sup id="cite_ref-hbs.edu_1-2" class="reference"><a href="#cite_note-hbs.edu-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><br /><div style="display:inline" class="deathplace">Newton, Massachusetts, USA</div></td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546" /></td></tr><tr><th colspan="2" class="infobox-header">Academic career</th></tr><tr><th scope="row" class="infobox-label">Field</th><td class="infobox-data category"><a href="/wiki/Monetary_economics" title="Monetary economics">Monetary economics</a></td></tr><tr><th scope="row" class="infobox-label">Institution</th><td class="infobox-data"><a href="/wiki/Harvard_Business_School" title="Harvard Business School">Harvard Business School</a><br /><a href="/wiki/MIT_Sloan_School_of_Management" title="MIT Sloan School of Management">MIT Sloan School of Management</a></td></tr><tr><th scope="row" class="infobox-label">School or<br />tradition</th><td class="infobox-data category"><a href="/wiki/New_Keynesian_economics" title="New Keynesian economics">New Keynesian economics</a></td></tr><tr><th scope="row" class="infobox-label">Alma mater</th><td class="infobox-data"><a href="/wiki/Princeton_University" title="Princeton University">Princeton University</a><br /><a href="/wiki/University_of_California,_Berkeley" title="University of California, Berkeley">California–Berkeley</a></td></tr><tr><th scope="row" class="infobox-label">Doctoral<br />advisor</th><td class="infobox-data"><a href="/wiki/Alan_Blinder" title="Alan Blinder">Alan Blinder</a><br /><a href="/wiki/William_Hoban_Branson" title="William Hoban Branson">William Hoban Branson</a></td></tr><tr><th scope="row" class="infobox-label">Contributions</th><td class="infobox-data">First New Keynesian DSGE model, especially on monopolistic competition</td></tr><tr><td colspan="2" class="infobox-full-data"><a rel="nofollow" class="external text" href="https://ideas.repec.org/e/pro30.html">Information</a> at <a href="/wiki/Research_Papers_in_Economics" title="Research Papers in Economics">IDEAS / RePEc</a></td></tr><tr style="display:none"><td colspan="2"> </td></tr></tbody></table> <p><b>Julio Jacobo Rotemberg</b> was an Argentine/American <a href="/wiki/Economist" title="Economist">economist</a> at <a href="/wiki/Harvard_Business_School" title="Harvard Business School">Harvard Business School</a>. He was known for his collaboration with <a href="/wiki/Michael_Woodford_(economist)" class="mw-redirect" title="Michael Woodford (economist)">Michael Woodford</a> on the first <a href="/wiki/New_Keynesian_economics" title="New Keynesian economics">New Keynesian</a> <a href="/wiki/Dynamic_stochastic_general_equilibrium" title="Dynamic stochastic general equilibrium">DSGE model</a>, especially on monopolistic competition.<sup id="cite_ref-Rotemberg1993_2-0" class="reference"><a href="#cite_note-Rotemberg1993-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> He was also known for an alternative model of sticky prices.<sup id="cite_ref-Rotemberg1982_3-0" class="reference"><a href="#cite_note-Rotemberg1982-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p><p>Rotemberg held a <a href="/wiki/Bachelor_of_Arts" title="Bachelor of Arts">B.A.</a> in economics (1975) from the <a href="/wiki/University_of_California,_Berkeley" title="University of California, Berkeley">University of California, Berkeley</a>, and a <a href="/wiki/Doctor_of_Philosophy" title="Doctor of Philosophy">Ph.D.</a> in economics (1981) from <a href="/wiki/Princeton_University" title="Princeton University">Princeton University</a>. </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Julio_Rotemberg&action=edit&section=1" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output 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no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.hbs.edu/news/releases/Pages/professor-julio-rotemberg.aspx">"Harvard Business School Professor Julio Rotemberg Dies at 63 – News – Harvard Business School"</a>. <i>www.hbs.edu</i>. 6 April 2017<span class="reference-accessdate">. Retrieved <span class="nowrap">11 July</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.hbs.edu&rft.atitle=Harvard+Business+School+Professor+Julio+Rotemberg+Dies+at+63+%E2%80%93+News+%E2%80%93+Harvard+Business+School&rft.date=2017-04-06&rft_id=http%3A%2F%2Fwww.hbs.edu%2Fnews%2Freleases%2FPages%2Fprofessor-julio-rotemberg.aspx&rfr_id=info%3Asid%2Fen.wikipedia.org%3AJulio+Rotemberg" class="Z3988"></span></span> </li> <li id="cite_note-Rotemberg1993-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-Rotemberg1993_2-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite id="CITEREFRotembergWoodford1993" class="citation cs2">Rotemberg, Julio; Woodford, Michael (1993), "Dynamic General Equilibrium Models with Imperfectly Competitive Product Markets", <i>NBER Working Paper No. 4502</i>, Cambridge, MA, <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://doi.org/10.3386%2Fw4502">10.3386/w4502</a></span></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=NBER+Working+Paper+No.+4502&rft.atitle=Dynamic+General+Equilibrium+Models+with+Imperfectly+Competitive+Product+Markets&rft.date=1993&rft_id=info%3Adoi%2F10.3386%2Fw4502&rft.aulast=Rotemberg&rft.aufirst=Julio&rft.au=Woodford%2C+Michael&rfr_id=info%3Asid%2Fen.wikipedia.org%3AJulio+Rotemberg" class="Z3988"></span></span> </li> <li id="cite_note-Rotemberg1982-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-Rotemberg1982_3-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite id="CITEREFRotemberg1982" class="citation cs2">Rotemberg, Julio J. (1982), "Sticky Prices in the United States", <i>Journal of Political Economy</i>, <b>90</b> (6): <span class="nowrap">1187–</span>1211, <a href="/wiki/CiteSeerX_(identifier)" class="mw-redirect" title="CiteSeerX (identifier)">CiteSeerX</a> <span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.675.8591">10.1.1.675.8591</a></span>, <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1086%2F261117">10.1086/261117</a>, <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1830944">1830944</a>, <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:7965196">7965196</a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Political+Economy&rft.atitle=Sticky+Prices+in+the+United+States&rft.volume=90&rft.issue=6&rft.pages=%3Cspan+class%3D%22nowrap%22%3E1187-%3C%2Fspan%3E1211&rft.date=1982&rft_id=https%3A%2F%2Fciteseerx.ist.psu.edu%2Fviewdoc%2Fsummary%3Fdoi%3D10.1.1.675.8591%23id-name%3DCiteSeerX&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A7965196%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F1830944%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.1086%2F261117&rft.aulast=Rotemberg&rft.aufirst=Julio+J.&rfr_id=info%3Asid%2Fen.wikipedia.org%3AJulio+Rotemberg" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="Selected_publications">Selected publications</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Julio_Rotemberg&action=edit&section=2" title="Edit section: Selected publications"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><i>"Sticky Prices in the United States"</i>. <a href="/wiki/Journal_of_Political_Economy" title="Journal of Political Economy">Journal of Political Economy</a>, <a href="/wiki/University_of_Chicago_Press" title="University of Chicago Press">University of Chicago Press</a>. December 1982.</li> <li><i>"The New Keynesian Microfoundations"</i>. NBER Macroeconomics Annual 1987, Volume 2.</li> <li>"<i>Human Relations in the Workplace</i>". Journal of Political Economy. August 1994.</li> <li>Rotemberg and <a href="/wiki/Garth_Saloner" title="Garth Saloner">Garth Saloner</a>. "<i>A Supergame-Theoretic Model of Price Wars during Booms"</i>. <a href="/wiki/The_American_Economic_Review" class="mw-redirect" title="The American Economic Review">American Economic Review</a>. June 1986.</li></ul> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Julio_Rotemberg&action=edit&section=3" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="http://drfd.hbs.edu/fit/public/facultyInfo.do?facInfo=ovr&facId=6542">Website at Harvard</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20100603014522/http://drfd.hbs.edu/fit/public/facultyInfo.do?facInfo=ovr&facId=6542">Archived</a> 2010-06-03 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://econpapers.repec.org/RAS/pro30.htm">"Julio Rotemberg"</a>. <a href="/wiki/EconPapers" class="mw-redirect" title="EconPapers">EconPapers</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Julio+Rotemberg&rft.pub=EconPapers&rft_id=https%3A%2F%2Feconpapers.repec.org%2FRAS%2Fpro30.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AJulio+Rotemberg" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.jstor.org/action/doBasicSearch?Query=au%3A%22Julio+Rotemberg%22+&acc=off&wc=on&fc=off&group=none">"Julio Rotemberg"</a>. <a href="/wiki/JSTOR" title="JSTOR">JSTOR</a>.</cite><span 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Randall Wray</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/New_Keynesian_economics" title="New Keynesian economics">New Keynesians</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/George_Akerlof" title="George Akerlof">George Akerlof</a></li> <li><a href="/wiki/Ben_Bernanke" title="Ben Bernanke">Ben Bernanke</a></li> <li><a href="/wiki/Olivier_Blanchard" title="Olivier Blanchard">Olivier Blanchard</a></li> <li><a href="/wiki/Alan_Blinder" title="Alan Blinder">Alan Blinder</a></li> <li><a href="/wiki/Guillermo_Calvo" title="Guillermo Calvo">Guillermo Calvo</a></li> <li><a href="/wiki/Richard_Clarida" title="Richard Clarida">Richard Clarida</a></li> <li><a href="/wiki/J._Bradford_DeLong" class="mw-redirect" title="J. 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Gordon</a></li> <li><a href="/wiki/Stephany_Griffith-Jones" title="Stephany Griffith-Jones">Stephany Griffith-Jones</a></li> <li><a href="/wiki/Nobuhiro_Kiyotaki" title="Nobuhiro Kiyotaki">Nobuhiro Kiyotaki</a></li> <li><a href="/wiki/Paul_Krugman" title="Paul Krugman">Paul Krugman</a></li> <li><a href="/wiki/Greg_Mankiw" title="Greg Mankiw">Greg Mankiw</a></li> <li><a href="/wiki/Marc_Melitz" title="Marc Melitz">Marc Melitz</a></li> <li><a href="/wiki/Maurice_Obstfeld" title="Maurice Obstfeld">Maurice Obstfeld</a></li> <li><a href="/wiki/Edmund_Phelps" title="Edmund Phelps">Edmund Phelps</a></li> <li><a href="/wiki/Ricardo_Reis" title="Ricardo Reis">Ricardo Reis</a></li> <li><a href="/wiki/Kenneth_Rogoff" title="Kenneth Rogoff">Kenneth Rogoff</a></li> <li><a href="/wiki/David_Romer" title="David Romer">David Romer</a></li> <li><a class="mw-selflink selflink">Julio Rotemberg</a></li> <li><a href="/wiki/Robert_J._Shiller" title="Robert J. 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