Olga Gorbachev

Assistant Professor of Economics

Department: Economics
Campus Address: 314 Purnell Hall
Newark, DE 19716
Phone: 302-831-2563


  • 2007 Ph.D, Economics, Columbia University
  • 2004 M.Phil, Economics, Columbia University
  • 2003 M.A., Economics, Columbia University
  • 1999 B.A. Economics, Brown University, Magna Cum Laude
  • Curriculum Vitae


  1. "Consumption Volatility, Liquidity Constraints and Household Welfare," (joint with Keshav Dogra), forthcoming in the Economic Journal.
  2. “Did Household Consumption Become More Volatile?,” American Economic Review, v.101, issue 5, August 2011.
  3. “Volatility and Job Creation in the Knowledge Economy” (joint with Graciela Chichilnisky), Essays in Dynamic General Equilibrium Theory Festschrift for David Cass. Series: Studies in Economic Theory, Vol. 20, (Eds. Citanna, A.; Donaldson, J.; Polemarchakis, H.; Siconolfi, P.; Spear, S.), p.45-74, 2005.
  4. “Volatility in the Knowledge Economy” (joint with Graciela Chichilnisky), Economic Theory, v.24 (3), p.531-547, 2004.
  5. "To What Extent Does Productivity Drive the Dollar?" (joint with Cédric Tille, Nicolas Stoffels), Current Issues in Economics and Finance, v.7(8), August 2001.

Awards & Honors

  • 2013-2014 General University Research Grant, University of Delaware, USA
  • 2011, 2012 Research Grant, Department of Economics, University of Delaware, USA


  • Econometrics
  • Macroeconomics 

The Lerner College is home to a state-of-the-art financial trading facility, the $1.5 million student-led Blue Hen Investment Club, a student-managed restaurant and hotel, a high-technology development center of a global bank and a start-up experience for students with new business ideas.

Lerner College faculty - like Meryl Gardner, whose research on foods and moods was recently published in the Journal of Consumer Psychology - are thought leaders who command attention from influential business audiences, economists and policy makers.

All Lerner College departments offer discovery learning experiences and emphasize data-based analytics to enrich the student experience. Here, students at Vita Nova, our award-winning restaurant run through HRIM, joined professional chefs and winemakers in hosting a 2014 Mid-Atlantic Wine and Food Festival event.

The Institute for Financial Services Analytics is a collaboration between the Lerner College, UD's College of Engineering and JPMorgan Chase, and hosts events for academics and the business community designed to address consumer analytics and industry applications.

Undergraduate scholarships, made possible through the generosity of alumni and friends, enable us to support promising scholars. Here, Delaware Gov. Jack Markell and his mother, Leni Markell, join recipients of the William Markell Scholarship (center), which benefits students in Accounting and MIS.

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