Money, Crises, and Transition: Essays in Honor of Guillermo A. Calvo (The MIT Press) - Hardcover

9780262182669: Money, Crises, and Transition: Essays in Honor of Guillermo A. Calvo (The MIT Press)

Hardcover

ISBN 10: 0262182661 ISBN 13: 9780262182669

Verlag: MIT Press, 2008

Essays by prominent scholars and policymakers honor one of the most influential macroeconomists of the last thirty years, discussing the themes behind his work.

Guillermo Calvo, one of the most influential macroeconomists of the last thirty years, has made pathbreaking contributions in such areas as time-inconsistency, lack of credibility, stabilization, transition economies, debt maturity, capital flows, and financial crises. His work on macroeconomic issues relevant for developing countries has set the tone for much of the research in this area and greatly influenced practitioners' thinking in Latin America, Eastern Europe, Asia, and elsewhere. InMoney, Crises, and Transition, leading specialists in Calvo's main areas of expertise explore the themes behind this impressive body of work.

The essays take on the issues that have fascinated Calvo most as an academic, a senior advisor at the International Monetary Fund, and as the chief economist at the Inter-American Development Bank: monetary and exchange rate policy (both in theory and practice); financial crises; debt, taxation, and reform; and transition and growth. A final section provides a behind-the-scenes look at Calvo's career and intellectual journey and includes an interview with Calvo himself.

Contributors
Leonardo Auernheimer, Fabrizio Coricelli, Padma Desai, Allan Drazen, Sebastian Edwards, Roque B. Fern�ndez, Stanley Fischer, Ricardo Hausmann, Bostjan Jazbec, Peter Isard, Graciela L. Kaminsky, Michael Kumhof, Amartya Lahiri, Igal Magendzo, Enrique G. Mendoza, Frederic S. Mishkin, Igor Masten, Pritha Mitra, Alejandro Neut, Maurice Obstfeld, Edmund S. Phelps, Assaf Razin, Carmen M. Reinhart, Francisco Rodriguez, Efraim Sadka, Ratna Sahay, Rajesh Singh, Evan Tanner, Carlos A. V�gh, Andr�s Velasco, Rodrigo Wagner

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�ber die Autorinnen und Autoren

Carmen M. Reinhart is Professor of Economics at the University of Maryland and a Research Associate at the National Bureau of Economic Research.

Carlos A. V� gh is Professor of Economics at the University of Maryland and a Research Associate at the National Bureau of Economic Research.

Andr� s Velasco, on leave as Sumitomo Professor of International Finance and Development at Harvard's John F. Kennedy School of Government, is currently serving as Chile's Minister of Finance. He is also a Research Associate at the National Bureau of Economic Research.

Maurice Obstfeld is Class of 1958 Professor of Economics at the University of California, Berkeley.

Frederic S. Mishkin is Alfred Lerner Professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University, Research Associate at the National Bureau of Economic Research, a past Executive Vice President and Director of Research at the Federal Reserve Bank of New York and after finishing this book was appointed a member of the Board of Governors of the Federal Reserve System. He is the author of The Next Great Globalization: How Disadvantaged Nations Can Harness Their Financial Systems to Get Rich and other books.

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