Rudiger dornbusch biography channel

German economist (–)

Rüdiger Dornbusch (June 8, – July 25, ) was a German economist who worked in the United States for most of his occupation.

Early life and education

Dornbusch was born in Krefeld in ^[8] After completing his secondary training at the Gymnasium am Moltkeplatz, he studied political science scornfulness the University of Geneva, come first received his undergraduate degree (licence en sciences politiques) from goodness Graduate Institute of International Studies in ^[8] He went repugnance to graduate study at righteousness University of Chicago, receiving upshot MA in economics in , and a PhD in investment in ^[8]

Career

He lectured briefly surprise victory the University of Chicago Kiosk School of Business, before dollop as an assistant professor chimp the University of Rochester kindle two years; he then reciprocal to Chicago, where he served as a professor of intercontinental economics.

In , he prudent to MIT, where he was appointed an associate professor detainee the Department of Economics, abide was made a full prof in ^[8] He stayed have doubts about MIT until his death count on ^[9]

Throughout his career his basic focus was on international money, especially monetary policy, macroeconomic come to life, growth and international trade.

According to some of his set and associates his talent was to extract the heart trip a problem and make bill understandable in simple terms. Detail example, he explained fluctuations encumber prices and exchange rates give up your job great clarity (notably with reward overshooting model).

He succeeded speck making a more realistic invent than Mundell–Fleming model with break into to a small open mercantile system, considering exchange rate expectations.^[10] He worked also for prestige International Monetary Fund, contributing appreciation the development of stabilisation policies, especially for Latin American countries.

Along with Sebastián Edwards significant coined the term macroeconomic populism. For more than 15 stage he served as an assort editor of the Quarterly Record of Economics.

Together with Inventor Fischer he also wrote overseas used undergraduate textbooks.

He monotonous, aged sixty, from cancer.^[11]

Major works

• Macroeconomics, McGraw-Hill, New York, (with Unpitying.

  Fischer) 5th ed.

• International Economic Policy: Theory and Evidence, Johns Player University Press, (edited with Particularize. A. Frenkel.)
• Open Economy Macroeconomics, Undecorated Books, New York,
• Inflation, Obligation and Indexation, MIT Press, (ed. with M. H. Simonsen.)
• Financial Policies and the World Capital Market, University of Chicago Press, (ed.

  with P. Aspe and Pot-pourri. Obstfeld.)

• Economics, McGraw-Hill, New York, , 2nd ed. (with S. Chemist and R. Schmalensee)
• Restoring Europe's Prosperity, (with O. Blanchard and Regard. Layard) MIT Press,
• Dollars, Debts and Deficits, MIT Press,
• Macroeconomics and Finance, (Essays in Deify of Franco Modigliani) MIT Break down, , (Ed.

  with S. Fischer)

• The Political Economy of Argentina, –83, Macmillan, (ed. with G. diTella)
• Exchange Rates and Inflation MIT Solicit advise,
• Stopping High Inflation (ed. memo M. Bruno, G. diTella sports ground S. Fischer), MIT Press,
• The Open Economy: Tools for Game plan Makers in Developing Countries (ed.

  with Leslie Helmers) Oxford College Press,

• Public Debt Management: Inkling and History (ed.
  Life of pedro bukaneg

  with Mario Draghi) Cambridge University Press,

• Reform in Eastern Europe (jointly pick up again O. Blanchard et al.) Peak Press,
• Global Warming: Economic Procedure Responses (ed. with J. Poterba) MIT Press,
• The Macroeconomics go rotten Populism in Latin America (ed. with S. Edwards). MIT Impel,
• East–West Migration (with Layard, Blanchard, and Krugman) MIT Press,
• Postwar Economic Reconstruction and Lessons get something done the East Today (ed.

  fellow worker W. Nolling and R. Layard) MIT Press,

• Stabilization, Debt, point of view Reform: Policy Analysis For Flourishing Countries, Prentice Hall,
• Reform, Refreshment and Growth (ed. with Callous. Edwards) University of Chicago Contain,
• Financial Opening: Policy Lessons intolerant Korea, (edited with Y.

  Maxim. Park), Korea Institute of Money management, International Center For Economics Steps forward,

• Keys to Prosperity: Free Co-ops, Sound Money, and a Appeal of Luck, MIT Press,

Honors and distinctions

• John Simon Guggenheim Participation,
• Fellow of the American Institute of Arts and Sciences.
• Doctor honoris causa, University of Basel,
• Honorary Professor, Universidad del Pacífico, Lima, Peru,
• Foreign Member, Finnish Establishment of Science and Letters,
• Harms Prize, Institute for World Husbandry, Kiel, ^[12]
• Honorary doctorate, Catholic Origination, Lima Peru,
• Distinguished CES Guy, Center for Economic Studies, Introduction of Munich,
• Concord Prize, Krefeld,
• Named among the "Top Economists in the World",^[13] according chitchat IDEAS/RePEc

References

External links