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Andrew B. Bernard

Faculty Director, Center for International Business, the Jack Byrne Professor of International Economics, Tuck School of Business

In addition to his Tuck affiliation, Professor Bernard is also an independent Director for the Chicago-based National Stock Exchange and a Research Associate for the National Bureau of Economic Research, a Research Fellow at the Centre for Economic Policy Research, and a Research Associate at the Centre for Economic Performance at the London School of Economics. Most recently, he was a Pierre Werner Fellow at the European University Institute during the academic year 2009-2010. Professor Bernard has given lectures at the IMF, the European Central Bank, and the European Commission on the topic of firms and globalization.  In recent years, he has been a Visiting Scholar at both the Federal Reserve Board and the New York Federal Reserve Bank and has consulted with the Appalachian Regional Commission and the NIST Manufacturing Extension Program.

Professor Bernard is an expert on firm and industry responses to globalization.  He was one of the first academics to specifically study how firms respond to globalization and has published several papers on exporting, offshoring, outsourcing, and productivity, including a recent publication entitled, “Firms in International Trade” published by the Journal of Economic Perspectives.  He has also examined the strategic response of U.S. and German firms to competition from low-cost countries such as China, transfer-pricing decisions by U.S.-based multinationals, and the effects of tariff and trade cost reductions on firm performance and productivity growth in the economy.  His current research is focused on analyzing the factors multinational firms consider when entering multiple product markets in different countries, where they choose to produce those products, and how they are sourced.  He is a past recipient of a National Science Foundation grant to support his work on firms and products in international trade.

In addition to being published in top academic journals such as the Harvard Business Journal, the Quarterly Journal of Economics and the American Economic Review, Professor Bernard’s research has been featured on CNN, CNBC, ABC News’s “Good Morning America,” MSNBC, NPR, the BBC, and in the The New York Times, The Wall Street Journal, Financial Times, The Economist, Nikkei, Fortune, and Business Week. Professor Bernard is an associate editor of the Review of Economics and Statistics and the Journal of International Economics. Prior to joining the faculty at Tuck in 1999, he taught at the Massachusetts Institute of Technology, 1991-97, and the Yale School of Management, 1997-99. Professor Bernard received an AB from Harvard University in 1985 and a PhD from Stanford University in 1991.

At the Tuck School, Professor Bernard teaches a core MBA course on Global Economics for Managers as well as an elective focused on global issues facing firms. He also created a new course in Societal Leadership and Microfinance and teaches in the Tuck Executive Program and the “Back in Business” program. By focusing his teaching on current, real world issues and highlighting the underlying frameworks, Bernard hopes to teach future global leaders the critical thinking skills required to solve problems not yet imagined.