Rüdiger Dornbusch
Dados Biográficos
| ID | 3591576 |
|---|---|
| NOME | Rüdiger Dornbusch |
| PRENOMES | Rüdiger |
| SOBRENOME | Dornbusch |
| ASSINATURA | DORNBUSCH R |
| AFILIAÇÕES | Massachusetts Institute of Technology |
| VERIFICADO | Não |
| TOTAL DE OBRAS | 43 |
| TOTAL DE CITAÇÕES | 207 |
| TOTAL COMO AUTOR | 41 |
| TOTAL COMO EDITOR | 2 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1971 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2003 |
| ÍNDICE H | 6 |
The New International Architecture
»Vielmehr bietet [der Kommentar] auf höchstem Niveau eine substantielle Auseinandersetzung mit den Hintergründen, den Zusammenhängen, der Theorie und der Praxis des Grundgesetzes. Besseres lässt sich von einem Verfassungskommentar nicht sagen.“ Herbert Günther Staaatsanzeiger für das Land Hessen 2018 (50), 1494–1495
Making EMU a success
One year has elapsed since the European Monetary Union was created between eleven of the fifteen European Union member states. During 1999 the economic prospects for euroland have dramatically improved, with projected growth in 2000 and 2001 well above earlier expectations. This article argues that the recovery, by itself, cannot solve Europe's unemployment problem, neither can monetary union per se, despite its substantial benefits. The authors …
East-West Migration
East-West Migration
Global Warming
Postwar Economic Reconstruction and Lessons for the East Today
Openness, wage restraint and macroeconomic stability - West Germany's road to prosperity 1948-1959, H. Giersch et al the lucky miracle - Germany 1945-1951, H. Wolf inflation and stabilization in Italy 1946-1951, M. De Cecco and F. Giavazzi economic reconstruction in France 1945-1958, G. Saint-Paul reconstruction and the UK postwar welfare state - false start and new beginning, P. Minford a perspective on post-war reconstrction in Finland, J. Paun…
Global Warming
This volume contains the proceedings of a conference that brought together economic experts from Europe, the US, Latin America, and Japan to evaluate key issues in the policy debate in global warming. The following issues are at the center of debates on alternative policies to address global warming: scientific evidence on the magnitude of global warming and the extent to which it is due to human activities; availability of economic tools to cont…
Reform in Eastern Europe
The Macroeconomics of Populism in Latin America
Journal Article The Macroeconomics of Populism in Latin America Get access John Weeks John Weeks Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 103, Issue 420, 1 September 1993, Pages 1325–1326, https://doi.org/10.2307/2234264 Published: 01 September 1993
Public Debt Management
List of figures List of tables Preface List of conference participants 1. Introduction Rudiger Dornbusch and Mario Draghi 2. The efficient design of public debt Douglas Gale Discussion Olivier Jean Blanchard 3. Indexation and maturity of government bonds: an exploratory model Guillermo A. Calvo and Pablo E. Guidotti Discussion William H. Branson and Allen Drazen 4. Public confidence and debt management: a model and a case study of Italy Alberto A…
The Case for Trade Liberalization in Developing Countries
This paper reviews the actual situation of protection in developing countries, and then discusses the prospective gains from liberalization. Three experiences with liberalization, from three different parts of the world, are sketched: Turkey, Korea, and Mexico. Next the paper considers what can go wrong with trade reform. Finally, it focuses on two new directions in trade strategy: service trade liberalization and regional free trade agreements
The Macroeconomics of Populism in Latin America
By populism, this paper refers to an economic approach that emphasizes growth and income redistribution and deemphasizes the risks of inflation and deficit finance, external constraints and the reaction of economic agents to aggressive nonmarket policies. It analyzes two instances of populism - Chile under Allende and Peru under Garcia. These experiences are described in detail, not as a righteous assertion of conservative economics, but as a war…
Estratégias de estabilização
Escrito pouco antes de o novo presidente do Peru, Alberto Fujimori, assumir a posição, este artigo incorpora a necessidade de banir o populismo e adotar medidas emergenciais juntamente com medidas de longo prazo para obter uma estabilização efetiva da economia. Enfatiza o que poderia ser considerado consenso entre os economistas de países que sofreram inflação crônica: equilíbrio do déficit orçamentário, terapia de choque, necessidade da política…
Public Debt Management
As Europe proceeds towards economic and monetary union, fiscal convergence and the prospect of a common money are at the centre of discussion. This volume from the Centre for Economic Policy Research brings together theoretical, applied and historical research on the management of public debt and its implications for financial stability. Gale fills a gap in the literature, using a consistent framework to investigate the welfare economics of publi…
Macroeconomic populism
Exchange Rates and Inflation
Journal Article Exchange Rates and Inflation Get access Exchange Rates and Inflation. By RUDIGER DORNBUSCH (Cambridge, Mass. and London: The MIT Press, 1989. Pp. 475. £24.75 hardback. ISBN 0 262 04096 4). George M. Von Furstenberg George M. Von Furstenberg Indiana University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 100, Issue 403, 1 December 1990, Pages 1359–1361, https://doi.org/10.230…
The Political Economy of Argentina, 1946–83
Twelve international economists analyze every government since Peron's first presidency, including the latest military administrations. The years 1958-74 are examined in a new light and the postscript
The US Economy and the Dollar
Renewed discussion of target ranges for exchange rates and the continuing large US external deficit raises the question whether exchange rates are sustainable at near current levels. This issue is explored here in the context of US macroeconomic adjustments. The real exchange rate of the dollar, using a measure which includes developed and newly industrialized countries (see Figure 1), is today broadly at the level of the 1970s through to 1980 wh…
Dollars, Debts and Deficits
Inflation Stabilization
Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia and Mexico. Edited by MICHAEL BRUNO, GUIDO DI TELLA, RUDIGER DORNBUSCH and STANLEY FISCHER. (Cambridge, MA and London: The MIT Press, 1988. Pp. xi + 419. £24.75 hardback. ISBN 0 262 02279 6.)
The Performance of the British Economy
Journal Article The Performance of the British Economy Get access The Performance of the British Economy. Edited by RUDIGER DORNBUSCH and RICHARD LA YARD. (Oxford: Clarendon Press, 1987. Pp. 271. £27.50 hardback, £9.95 paperback. ISBN 0 19 877272 6, 0 19 877271 8.) Gavyn Davies Gavyn Davies Goldman Sachs, London Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 99, Issue 394, 1 March 1989, Pages…
As dívidas dos países em desenvolvimento
Este artigo trata interesse dos EUA no problema da dívida mundial. Segundo o autor, o problema da dívida (1) afeta a lucratividade e até a estabilidade do sistema bancário norte-americano; (2) faz parte da crise comercial dos EUA e (3) é uma importante aposta da política externa na crise da dívida, pois a cobrança da dívida traz instabilidade social e política. O autor mostra os fatos da dívida e as origens do problema das dívidas analisando o gr…
Les défis macro-économiques mondiaux des dix années à venir
Les défis macro-économiques mondiaux des dix années à venir Cet article analyse quatre défis auxquels devra faire face l'économie mondiale au cours des dix prochaines années : la dette des pays en voie de développement, la dette des États-Unis, le chômage en Europe et au Japon et la crise financière. Quatre solutions sont proposées : une déclaration unilatérale de la part des PVSs de réduction du service de leur dette, une dévaluation plus marqué…
Dollars, Debts and Deficits
Journal Article Dollars, Debts and Deficits Get access Dollars, Debts and Deficits. By RUDIGER DORNBUSCH. (Cambridge & Leuven, Belgium: The MIT Press and Leuven University Press, 1986. Pp. ix + 240. £17.95 hardback.) John Williamson John Williamson Institute for International Economics Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 98, Issue 391, 1 June 1988, Pages 539–540, https://doi.org/10…
Doubts About the McKinnon Standard
This paper responds to "Monetary and Exchange Rate Policies for International Financial Stability: A Proposal," by Ronald I. McKinnon, in this same issue.] For over ten years, Ronald McKinnon has advocated a new monetary system centered on fixed exchange rates between the Japanese yen, the German mark, and the U.S. dollar. His proposal has fallen on fertile soil because the dramatic volatility in exchange rates makes the financial press and the b…
Expectations and Exchange Rate Dynamics
The paper develops a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations. The perfect foresight path is derived and it is shown that along that along that path a monetary expansion causes the exchange rate to depreciate. An initial overshooting of exchange rates is shown to derive from differential adjustment speed of markets. The magnitude and…
Macroeconomic populism
The Macroeconomics of Populism in Latin America
Journal Article The Macroeconomics of Populism in Latin America Get access John Weeks John Weeks Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 103, Issue 420, 1 September 1993, Pages 1325–1326, https://doi.org/10.2307/2234264 Published: 01 September 1993
Currency Depreciation, Hoarding, and Relative Prices
This paper investigates the effects of devaluation in a two-commodity, two- country, and two-money model with full employment and price flexibility. Primary emphasis is placed on the effect of a change in the real value of money on real expenditure and on the effects on relative prices of a redistribution of expenditure between countries. The stability properties of the model are related to the transfer problem in barter theory and to the Marshal…
The Case for Trade Liberalization in Developing Countries
This paper reviews the actual situation of protection in developing countries, and then discusses the prospective gains from liberalization. Three experiences with liberalization, from three different parts of the world, are sketched: Turkey, Korea, and Mexico. Next the paper considers what can go wrong with trade reform. Finally, it focuses on two new directions in trade strategy: service trade liberalization and regional free trade agreements
Inflation Stabilization
Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia and Mexico. Edited by MICHAEL BRUNO, GUIDO DI TELLA, RUDIGER DORNBUSCH and STANLEY FISCHER. (Cambridge, MA and London: The MIT Press, 1988. Pp. xi + 419. £24.75 hardback. ISBN 0 262 02279 6.)
Postwar Economic Reconstruction and Lessons for the East Today
Openness, wage restraint and macroeconomic stability - West Germany's road to prosperity 1948-1959, H. Giersch et al the lucky miracle - Germany 1945-1951, H. Wolf inflation and stabilization in Italy 1946-1951, M. De Cecco and F. Giavazzi economic reconstruction in France 1945-1958, G. Saint-Paul reconstruction and the UK postwar welfare state - false start and new beginning, P. Minford a perspective on post-war reconstrction in Finland, J. Paun…
Stabilization policies in developing countries
PPP Exchange-Rate Rules and Macroeconomic Stability
Exchange-rate rules that link exchange depreciation to domestic price-level changes are shown to affect the output price-level stability trade-off through two separate channels. On one hand a PPP-oriented exchange-rate policy tends to maintain constant the real exchange rate, thus stabilizing demand. But the exchange-rate policy works also through the supply side, via the prices of imported intermediate goods. Here exchange-rate indexation works …
Exchange Rate Economics
Global Warming
Exchange Rates and Inflation
Journal Article Exchange Rates and Inflation Get access Exchange Rates and Inflation. By RUDIGER DORNBUSCH (Cambridge, Mass. and London: The MIT Press, 1989. Pp. 475. £24.75 hardback. ISBN 0 262 04096 4). George M. Von Furstenberg George M. Von Furstenberg Indiana University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 100, Issue 403, 1 December 1990, Pages 1359–1361, https://doi.org/10.230…
The Performance of the British Economy
Journal Article The Performance of the British Economy Get access The Performance of the British Economy. Edited by RUDIGER DORNBUSCH and RICHARD LA YARD. (Oxford: Clarendon Press, 1987. Pp. 271. £27.50 hardback, £9.95 paperback. ISBN 0 19 877272 6, 0 19 877271 8.) Gavyn Davies Gavyn Davies Goldman Sachs, London Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 99, Issue 394, 1 March 1989, Pages…
Doubts About the McKinnon Standard
This paper responds to "Monetary and Exchange Rate Policies for International Financial Stability: A Proposal," by Ronald I. McKinnon, in this same issue.] For over ten years, Ronald McKinnon has advocated a new monetary system centered on fixed exchange rates between the Japanese yen, the German mark, and the U.S. dollar. His proposal has fallen on fertile soil because the dramatic volatility in exchange rates makes the financial press and the b…
Dealing with debt in the 1980s
External debt problems, like wars, are common occurrences in a broader historical perspective. They occur every thirty or fifty years, much in the same circumstances. And when they do occur they put at odds the bond holder and the debtor and leave fundamental imprints on history. Hitler's Germany or Latin America's import substitution policy were the outgrowth of the last world debt crisis. Today Latin America is once again in a debt crisis and t…
Real Interest Rates, Home Goods, and Optimal External Borrowing
The paper investigates the optimal tire path of consumption and external borrowing in the dependent economy model. The small country faces given world prices and a given world real interest rates. The presence of a home goods sector implies that the relevant real interest rate appropriate to consumption decisions depends on the rate of change of the real price of home gods. The paper shows how transitory disturbances in output or in the world rea…
Optimal Commodity and Trade Taxes
Currency Depreciation, Hoarding, and Relative Prices
This paper investigates the effects of devaluation in a two-commodity, two- country, and two-money model with full employment and price flexibility. Primary emphasis is placed on the effect of a change in the real value of money on real expenditure and on the effects on relative prices of a redistribution of expenditure between countries. The stability properties of the model are related to the transfer problem in barter theory and to the Marshal…
Expectations and Exchange Rate Dynamics
The paper develops a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations. The perfect foresight path is derived and it is shown that along that along that path a monetary expansion causes the exchange rate to depreciate. An initial overshooting of exchange rates is shown to derive from differential adjustment speed of markets. The magnitude and…
Macroeconomics
Stabilization policies in developing countries
Consumption opportunities and the real value of the external debt
PPP Exchange-Rate Rules and Macroeconomic Stability
Exchange-rate rules that link exchange depreciation to domestic price-level changes are shown to affect the output price-level stability trade-off through two separate channels. On one hand a PPP-oriented exchange-rate policy tends to maintain constant the real exchange rate, thus stabilizing demand. But the exchange-rate policy works also through the supply side, via the prices of imported intermediate goods. Here exchange-rate indexation works …
Políticas de estabilización en los países en desarrollo
Real Interest Rates, Home Goods, and Optimal External Borrowing
The paper investigates the optimal tire path of consumption and external borrowing in the dependent economy model. The small country faces given world prices and a given world real interest rates. The presence of a home goods sector implies that the relevant real interest rate appropriate to consumption decisions depends on the rate of change of the real price of home gods. The paper shows how transitory disturbances in output or in the world rea…
Um programa de estabilização no Brasil
Este artigo é uma análise das causas e perspectivas da atual crise econômica do Brasil, com atenção especial ao programa de estabilização que faz parte do acordo com o FMI
El Problema del Endeudamiento
Plantea el problema de la deuda externa como el dilema entre la moratoria a pagar pero a costa de reducir los salarios reales y el poder de compra en los países. Luego, si bien el tratamiento del problema es de orden económico también lo es d
Dealing with debt in the 1980s
External debt problems, like wars, are common occurrences in a broader historical perspective. They occur every thirty or fifty years, much in the same circumstances. And when they do occur they put at odds the bond holder and the debtor and leave fundamental imprints on history. Hitler's Germany or Latin America's import substitution policy were the outgrowth of the last world debt crisis. Today Latin America is once again in a debt crisis and t…
O problema da dívida e as opções para sua redução
Problemas de dívida externa, como guerras, são ocorrências comuns em uma perspectiva histórica mais ampla. Eles ocorrem a cada trinta ou cinquenta anos, quase sempre nas mesmas circunstâncias. E quando ocorrem, colocam em desacordo o detentor do título e o devedor e deixam marcas fundamentais na história, embora talvez não, de forma duradoura, na memória dos credores. A filosofia de substituição de importações da Alemanha de Hitler ou da América …
Unemployment
Inflation was the big issue of the 1970s, and inflationfighting became the great campaign. Even if economists cannot identify any catastrophic costs of inflation, politicians certainly can. Today unemployment is the big issue in Europe. It is no exaggeration to speak of an entire generation that will fail to experience a normal job, career, and life. Anyone who drops out of employment for too long or cannot get a first job will be left at the bot…
Restoring Europe's Prosperity
Journal Article Restoring Europe's Prosperity: Macroeconomic Papers from the Centre for European Policy Studies Get access Restoring Europe's Prosperity: Maxroeconomic Papers from the Centre for European Policy Studies. Edited by OLIVIER BLANCHARD, RUDIGER DORNBUSCH and RICHARD LAYARD. (Cambridge, Massachusetts & London: The MIT Press, 1986. Pp. xiii + 179. £15.95 hardback.) M. J. Artis M. J. Artis University of Manchester Search for other works …
Collapsing exchange rate regimes
Economic Adjustment
Exchange Rate Economics
As dívidas dos países em desenvolvimento
Este artigo trata interesse dos EUA no problema da dívida mundial. Segundo o autor, o problema da dívida (1) afeta a lucratividade e até a estabilidade do sistema bancário norte-americano; (2) faz parte da crise comercial dos EUA e (3) é uma importante aposta da política externa na crise da dívida, pois a cobrança da dívida traz instabilidade social e política. O autor mostra os fatos da dívida e as origens do problema das dívidas analisando o gr…
Les défis macro-économiques mondiaux des dix années à venir
Les défis macro-économiques mondiaux des dix années à venir Cet article analyse quatre défis auxquels devra faire face l'économie mondiale au cours des dix prochaines années : la dette des pays en voie de développement, la dette des États-Unis, le chômage en Europe et au Japon et la crise financière. Quatre solutions sont proposées : une déclaration unilatérale de la part des PVSs de réduction du service de leur dette, une dévaluation plus marqué…
Dollars, Debts and Deficits
Journal Article Dollars, Debts and Deficits Get access Dollars, Debts and Deficits. By RUDIGER DORNBUSCH. (Cambridge & Leuven, Belgium: The MIT Press and Leuven University Press, 1986. Pp. ix + 240. £17.95 hardback.) John Williamson John Williamson Institute for International Economics Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 98, Issue 391, 1 June 1988, Pages 539–540, https://doi.org/10…
Doubts About the McKinnon Standard
This paper responds to "Monetary and Exchange Rate Policies for International Financial Stability: A Proposal," by Ronald I. McKinnon, in this same issue.] For over ten years, Ronald McKinnon has advocated a new monetary system centered on fixed exchange rates between the Japanese yen, the German mark, and the U.S. dollar. His proposal has fallen on fertile soil because the dramatic volatility in exchange rates makes the financial press and the b…
The Political Economy of Argentina, 1946–83
Twelve international economists analyze every government since Peron's first presidency, including the latest military administrations. The years 1958-74 are examined in a new light and the postscript
The US Economy and the Dollar
Renewed discussion of target ranges for exchange rates and the continuing large US external deficit raises the question whether exchange rates are sustainable at near current levels. This issue is explored here in the context of US macroeconomic adjustments. The real exchange rate of the dollar, using a measure which includes developed and newly industrialized countries (see Figure 1), is today broadly at the level of the 1970s through to 1980 wh…
Dollars, Debts and Deficits
Economics (33 obras) · Political science (20 obras) · Economic Theory and Policy (19 obras) · Monetary economics (12 obras) · Global Financial Crisis and Policies (11 obras) · Macroeconomics (10 obras) · Economic history (8 obras) · Fiscal Policies and Political Economy (8 obras) · Law (8 obras) · Debt (7 obras)