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Rudiger Dornbusch

Ford International Professor of International Economics · Massachusetts Institute of Technology

Late MIT economist (1942-2002) known for work on exchange rate determination and international macroeconomics. Held a joint Economics and Sloan appointment and co-authored the textbook Macroeconomics with Stanley Fischer.

2 papers tracked 2 classics ⌁ Follow this author

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Published Classic American Economic Review Published Mar 1987

Exchange Rates and Prices

Rudiger Dornbusch

Motivated by the large, persistent real appreciation of the dollar between 1980 and 1985, this paper takes the nominal exchange rate movement as given (it does not explain it) and asks, in a …

Exchange Rates Open Economy Macro Trade Free Read ↗

Published Classic Journal of Political Economy Published Dec 1976

Expectations and Exchange Rate Dynamics

Rudiger Dornbusch

This 1976 Journal of Political Economy paper by Rudiger Dornbusch builds a small open-economy model in which capital is perfectly mobile and asset markets clear instantly, but the price of domestic …

Exchange Rates Open Economy Macro Free Read ↗