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Topic: Rudi Dornbusch

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	Guardian \| Rudi Dornbusch
		The economist Rudi Dornbusch, who has died of cancer aged 60, was a rare combination of thinker and teacher.
		Dornbusch's paper was the first explanation that captured the volatility of currency exchange rates - it explained why free-floating currencies had a tendency to overshoot their "fair value" not because of events in themselves, but because of people's expectations of what might happen in the future.
		Just as importantly, Dornbusch's work explained that delays in the exchange rate's impact on the economy were the reason exchange rates would continue to overshoot - and undershoot - their fair value, since financial markets adjust much more rapidly than wages and prices in the real economy.
	www.guardian.co.uk /print/0,,4499302-103684,00.html (787 words)

	In Memory of...: Dr. Rudiger "Rudi" Dornbusch at 60, author of "Macroeconomics"
		Rudiger "Rudi" Dornbusch, 60, a macroeconomist who was noted for his contributions to international economic policy design and who had taught at the Massachusetts Institute of Technology since 1975, died of cancer July 25 at his home in Washington.
		Dornbusch was an authority on the theory of exchange rate determination and international economic policy, as well as the economies of Latin American nations.
		Dornbusch was a distinguished fellow and past vice president of the American Economics Association and a fellow of both the American Academy of Arts and Sciences and the Econometric Society.
	www.suite101.com /discussion.cfm/investing/32382/672493 (421 words)

	[No title]
		Although Rudi describes himself as having shifted to working on policy issues by 1988, the change was gradual, and analytic articles -- albeit on more clearly policy-related issues than before -- continued to appear in the 1980s and into the 1990s.
		The teacher Rudi is a spectacularly successful teacher, in the classroom, in supervising theses, and through his textbooks.
		Rudi is among the most talented of men, and the warmest, the most generous, with his time and himself, available for his students and his friends whenever they need him.
	www.lrz-muenchen.de /~ces/laudatio_dornbusch.doc (1617 words)

	Dornbusch's Overshooting Model After Twenty-Five Years, The Mundell-Fleming Lecture by Kenneth Rogoff, Economic ...
		Dornbusch's treatment, however, was in stark contrast to the canonical Mundell-Fleming model of his era, in which the domestic price level was typically assumed fixed, and any dynamics depended on wealth accumulation.
		Dornbusch was not the first to advance the general notion of overshooting of economic variables.
		Dornbusch (1976) is truly an extraordinary paper, one of the handful of most influential papers in macroeconomics generally over the past quarter century, and one of the most important papers in international economics over the entire twentieth century.
	www.imf.org /external/np/speeches/2001/112901.htm (8378 words)

	The Unofficial Paul Krugman Web Page (Site not responding. Last check: 2007-10-12)
		Rudi was, first of all, the economist who brought international monetary economics into the modern world.
		Rudi's famous "overshooting" paper changed all that; it led you into a world in which today's exchange rate is mainly determined by what people think will happen in the future.
		The second key thing about Rudi was that he was one of the great economics teachers of all time.
	www.pkarchive.org /trade/Rudi.html (561 words)

	Rudi Dornbusch Is Dead at 60: Archive Entry From Brad DeLong's Webjournal
		When I was in graduate school, Rudi Dornbusch was one of four macroeconomists who had bet their reputation on a theory-based prediction of what the future would hold, and had been right.
		Rudi Dornbusch had bet--back in the 1970s--that floating exchange rates would turn out to be extraordinarily volatile animals, and he turned out to be right.
		Dr. Dornbusch is survived by his wife, Sandra Masur, and a brother, Paul Josef Dornbusch of Krefeld.
	www.j-bradford-delong.net /movable_type/archives/000436.html (1030 words)

	[Deathwatch] Rudi Dornbusch, economist, 60 (Site not responding. Last check: 2007-10-12)
		Dornbusch, 60, died of cancer on Thursday at his home in Washington, D.C., MIT said in a statement.
		Known as Rudi to his friends, the German-born Dornbusch was widely acclaimed for his seminal research on the theory of exchange rate determination and international economic policy and was especially well known for his work on Latin America.
		Dornbusch is survived by his wife, Sandra Masur of Boston and Washington, and a brother, Paul Josef Dornbusch, of Krefeld, Germany.
	slick.org /pipermail/deathwatch/2002-July/000191.html (404 words)

	Rudi Dornbusch (Site not responding. Last check: 2007-10-12)
		Rudi Dornbusch (Rüdiger Dornbusch, June the majority 25, 2002) was a German economist born in the...
		Rudi Dornbusch economist born in 1942 - July 25 2002 Rüdiger Dornbusch June 8 was a German Krefeld He spent the majority of his career teaching at the MIT...
		Rudi death on July 25, at age 60, took exceptional human economist and a great Rudi Dornbusch's was born and grew up in Krefeld, Germany.
	rudijptu.cahypaqaxe.info (603 words)

	Rudi Dornbusch: Definition and Links by Encyclopedian.com (via CobWeb/3.1 planetlab2.cs.unc.edu) (Site not responding. Last check: 2007-10-12)
		...Rudi Dornbusch Rudi Dornbusch Rudi Dornbusch (Rudiger Dornbush, June 8, 1942 -...
		Rudi Dornbusch (Rudiger Dornbush, June 8, 1942 - July 25, 2002) was a German economist born in Krefeld.
		He studied at University of Geneva[?] and got his PhD at University of Chicago in 1971.
	www.encyclopedian.com.cob-web.org:8888 /ru/Rudi-Dornbusch.html (175 words)

	Spotlight On: Rudiger Dornbusch
		Rudi Dornbusch, the world renowned macroeconomist, died of cancer at his home in Washington, D.C. on July 25.
		Professor Dornbusch was a frequent lecturer at the IMF and the World Bank Group, and also a consultant to the two institutions.
		Dornbusch's Overshooting Model After Twenty-Five Years - A tribute to Professor Dornbusch by Kenneth Rogoff, IMF Working Paper WP/02/39, February 2002.
	jolis.worldbankimflib.org /Hottopics/rdornbusch.htm (311 words)

	Project Syndicate - Print Commentary
		Rudi Dornbusch's death on July 25, at age 60, took a great economist and exceptional human being from us.
		Rudi was born and grew up in Krefeld, Germany.
		He became one of the outstanding policy economists of our time, displaying the same rare talent demonstrated in his theoretical work: the ability to extract the essence of a complicated problem and explain it in terms that made it appear simple.
	www.project-syndicate.org /print_commentary/rudi_bio1/English (933 words)

	a klog apart
		Rudi was that supposed rarity, a colourful, funny economist.
		From my narrow perspective Rudi had the wonderful asset of always ruffling feathers, whether it was tearing into the incompetence of monetary authorities in Latin America or east Asia, or rubbishing the prospects for the German economy.
		The ban was a particular pity because Rudi was such a good Davos performer, whether as an expert on a panel or as a moderator, where he had the rare skill of simultaneously moving a discussion along and provoking disagreements and good humour all around.
	dijest.com /aka/categories/obituariesALaBlog/2002/07/31.html (606 words)

	Amazon.fr : Keys to Prosperity: Free Markets, Sound Money, and a Bit of Luck: Livres en anglais: Rudiger ... (Site not responding. Last check: 2007-10-12)
		Although Dornbusch has been a professor at MIT for more than 20 years, he graduated from the University of Chicago, and he is an undaunted stalwart of the "Chicago school" of economics.
		These beliefs color Dornbusch's views on inflation, debt, exchange rates, trade policy, emerging markets, and the "intersection of politics and good economics." Here Dornbusch offers a collection (mostly from the past five years) of his writing on these topics.
		The underlying theme of Rudi Dornbusch's work is unabashedly Chicago, namely, the University of Chicago belief that markets solve problems best and that most bureaucrats, even when well-intentioned, are distracted by politics or excessive zeal for perfect solutions.
	www.amazon.fr /Keys-Prosperity-Markets-Sound-Money/dp/0262041812 (515 words)

	And Now, the Financial Apocalypse
		And Rudi Dornbusch, at least on the evidence of the Wall Street Journal article, has already become a raving lunatic.
		Rudi can certainly look over at the IMF and the Treasury, and many other places, and see some of his colleagues at work.
		Dornbusch must mean: in "surplus" as long as we falsely add in the net positive cash flow on the Social Security account, which is still scheduled to go bankrupt in 2020.
	www.aci.net /kalliste/apocalyp.htm (1416 words)

	NCPA - International Issues - What's Ahead for the Global Economy? (Site not responding. Last check: 2007-10-12)
		Rudi Dornbusch, professor of economics and international business at the Massachusetts Institute of Technology, sees some rocky spots ahead in the world economy.
		Japan's public finances are in disastrous condition and the problem is out of control, Dornbusch contends.
		Source: Rudi Dornbusch (M.I.T.), "The Global Economy's Trouble Spots," Wall Street Journal, May 14, 1999.
	www.ncpa.org /pi/internat/pd051499c.html (338 words)

	A-list message, [A-List] Rudiger Dornbusch
		Few economists illustrated better the ideological function played by their profession in the buttressing of the institutionalised plunder and despoliation of planet earth than Rudi Dornbusch.
		Rudi Dornbusch Understanding the volatility of currency markets Richard Adams Thursday September 12, 2002 The Guardian The economist Rudi Dornbusch, who has died of cancer aged 60, was a rare combination of thinker and teacher.
		"In my generation, almost everyone in macro or international [economics] who has since risen to some reputation was a Rudi Dornbusch student," writes Paul Krugman, who describes him as "one of the great economics teachers of all time".
	archives.econ.utah.edu /archives/a-list/2002w37/msg00114.htm (1008 words)

	Rudi Dornbusch: Global Economic Truth Teller by Rudiger Dornbusch - The Globalist > > Global Economy
		Rudi Dornbusch: Global Economic Truth Teller by Rudiger Dornbusch - The Globalist > > Global Economy
		Rudi Dornbusch, the German-born MIT professor who trained a generation of international economists and policymakers, died on July 25, 2002.
		Professor Dornbusch was never one to hide his opinions.
	www.theglobalist.com /DBWeb/StoryId.aspx?StoryId=2618 (1362 words)

	Exhibit on the Writings of Rudi Dornbusch: MIT Libraries
		In celebration of the written word of Rudi Dornbusch, MIT’s Dewey Library for Management and Social Sciences (E53-100) will host an exhibition of selected writings from October 1 through October 18.
		Dornbusch, the Ford Professor of International Economics at MIT, authored or edited more than 20 books, wrote more than 150 essays published in collective works, authored or co-authored more than 120 journal articles, and served as an advisor on more than 125 doctoral dissertations.
		One article, "Expectations and Exchange-Rate Dynamics" published in 1976 in the Journal of Political Economy, is among the most cited economic contributions of the last half-century having been cited in more than 930 other scholarly works--just one example of how Dornbusch’s published writings played a critical role in defining the modern field of international economics.
	libraries.mit.edu /about/news/dornbusch.html (181 words)

	Macroeconomics, 1e - Dornbusch (via CobWeb/3.1 planetlab2.cs.unc.edu) (Site not responding. Last check: 2007-10-12)
		RUDI DORNBUSCH, an internationally renowned macroeconomist who made fundamental contributions to economic science and to international economic policy design, died on July 25, 2002.
		The Australian adapting authors of Macroeconomics, Philip Bodman and Mark Crosby, together with the staff of McGraw-Hill Australia Pty Limited, would like to pay sincere tribute to Rudiger Dornbusch as a devoted and enthusiastic teacher, a world-class academic and one of the most astute and insightful analysts of the world economic situation.
		Any use is subject to the Terms of Use and Privacy Policy.
	www.mcgraw-hill.com.au.cob-web.org:8888 /mhhe/econ/dornbusch/authors/dornbusch.htm (296 words)

	EconLog, Dornbusch on Exchange Rates (4-04-02): Library of Economics and Liberty
		Rudi Dornbusch has some thoughts about international macroeconomic equilibrium.
		I had a hard time following Dornbusch when I took his International Macroeconomics course at MIT, and I have a hard time following him now.
		He seems to be making a "tallest pygmy" argument that although the U.S. needs a weaker exchange rate in order to restore trade balance, Japan and Europe need weak exchange rates even more.
	econlog.econlib.org /GQE/gqe146.html (297 words)

	Keys to Prosperity
		Dornbusch seeks to challenge those in charge with alternative answers and to limit their ambitions.
		He takes aim at central bankers, bureaucrats, unions, do-gooders, and politicians from Brazil, Japan, Russia, and other scenes of economic disaster.This book collects Dornbusch's recent commentaries from such publications as "Business Week, the "Wall Street Journal, and the "Financial Times, as well as longer essays from recent and forthcoming books.
		The pieces focus on issues of domestic and international economic policy, including inflation and debt, exchange rates, trade policy, emerging markets, and the intersection of politics and economics.
	www.indiaplaza.com /books/pd.aspx?sku=026254136X (167 words)

	The Globalist \| Biography of Rudiger Dornbusch
		The late Rudi Dornbusch was the Ford Professor of Economics and International Management at the Massachusetts Institute of Technology.
		Dornbusch's served in a number of capacities in his professional activities.
		He was on the Brookings Institution's Panel on Economic Activity, the Advisory Committee of the Institute for International Economics and the Academic Advisory Panel of the Federal Reserve Bank of New York and Boston.
	www.theglobalist.com /DBWeb/AuthorBiography.aspx?AuthorId=21 (230 words)

	News Brief: Statement by Kenneth Rogoff on the Death of Rudiger Dornbusch
		"With the passing of Professor Rudi Dornbusch, we have all—in the economics profession and particularly at the IMF—suffered an incalculable loss.
		But what his many students and followers throughout the world loved most was Dornbusch the man, full of vitality, creativity, sharpness, humor, and deep personal warmth.
		For a recent interview with Professor Dornbusch published in IMF Survey, Vol.
	www.imf.org /external/np/sec/nb/2002/nb0277.htm (240 words)

	15.018 announcements
		World Economic Trends by Rudi Dornbusch dated August 2000 (1st class session in the schedule section) was updated for one dated February 2001
		Rudi is back and will resume teaching on May 8 when a regular class session will be held; we will still have a class with John Deutch on May 7 at 4pm in E25-111
		The 1st paper has been either left in the folders (for Sloan students) or can be picked up in class (for everybody else); the students in the class received 4 1s, 28 2s, 44 3s, and 17 4s
	web.mit.edu /15.018/announce.html (305 words)

	Economist Dornbusch lashes financial chiefs - Jan. 28, 1999
		He said Argentina's current interest in a plan to replace the peso with the U.S. dollar "is a warning to (Brazil's president) Cardoso to grow up".
		Dornbusch admitted that the creation of a currency board was an unusual move, but said it is necessary if Brazil is to avoid another decade of economic woes.
		As far as the next world currency crisis goes, Dornbusch warned that South Africa and Turkey were heading toward the abyss.
	money.cnn.com /1999/01/28/europe/davos_dornbusch (437 words)

	Rudiger Dornbusch - The MIT Press
		The late Rudi Dornbusch was Ford Professor of Economics and International Management at MIT.
		This sequel to Reform in Eastern Europe is a report on one of the most pressing issues for countries with economies in transition and their neighbors.
		Rudiger Dornbusch's articles on exchange rates and open economy macroeconomics are among the most frequently cited in the field of international economics.
	mitpress.mit.edu /catalog/author?aid=735 (705 words)

	MIT Economics: World Economy Lab (via CobWeb/3.1 planetlab2.cs.unc.edu) (Site not responding. Last check: 2007-10-12)
		The World Economy Laboratory (WEL) is a research center at the Department of Economics of the Massachusetts Institute of Technology.
		WEL was established by Stanley Fischer and Rudi Dornbusch in January of 1992.
		Rudi Dornbusch directed its efforts until his death in 2002.
	econ-www.mit.edu.cob-web.org:8888 /centers/wel/index.htm (183 words)

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