"Guillermo Calvo's work has always been rigorous in its theoretical treatment of the most important macroeconomic phenomena of our time. This fine collection of papers is very much in the spirit of his work, tackling critical problems with new theories and careful empirical analysis. It includes important new research by the leaders in the profession whose papers deal with financial crises, monetary regimes, policy rules, and determinants of economic growth. This is a masterful achievement, one that no serious scholar of international finance can afford to be without."--Andrew K. Rose, Rocca Professor, Haas School of Business, University of California Berkeley -- Andrew Rose "This impressive collection of papers is a fitting tribute to one of the greatest economists of the late twentieth century."--Michael Bordo, Department of Economics, Rutgers University -- Michael Bordo "Guillermo Calvo's work has always been rigorous in its theoretical treatment of the most important macroeconomic phenomena of our time. This fine collection of papers is very much in the spirit of his work, tackling critical problems with new theories and careful empirical analysis. It includes important new research by the leaders in the profession whose papers deal with financial crises, monetary regimes, policy rules, and determinants of economic growth. This is a masterful achievement, one that no serious scholar of international finance can afford to be without." Andrew K. Rose , Rocca Professor, Haas School of Business, University of California Berkeley "This impressive collection of papers is a fitting tribute to one of the greatest economists of the late twentieth century." -- Michael Bordo , Department of Economics, Rutgers University
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. Vé gh is Professor of Economics at the University of Maryland and a Research Associate at the National Bureau of Economic Research. André 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. Carlos A. Vé gh is Professor of Economics at the University of Maryland and a Research Associate at the National Bureau of Economic Research. 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. Sebastian Edwards is Professor of Economics at the University of California at Los Angeles and Research Associate at the National Bureau of Economic Research. André 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. Carmen M. Reinhart is Professor of Economics at the University of Maryland and a Research Associate at the National Bureau of Economic Research. Padma Desai is the Gladys and Roland Harriman Professor of Comparative Economic Systems and director of the Center for Transition Economies at Columbia University. A leading scholar of the Russian economy, she is the author of Conversations on Russia: Reform from Yeltsin to Putin, which was the Financial Times Pick of the Year in 2007, and coathor of Work Without Wages: Russia's Non-Payment Crisis (MIT Press). Her most recent book, on the current economic crisis, is From Financial Crisis to Global Recovery. Assaf Razin is a former Professor at Cornell University, Emeritus Professor at the Eitan Berglas School of Economics at Tel Aviv University, and Research Fellow at the NBER, CEPR, and CESifo. He is the author of Understanding Global Crises: An Emerging Paradigm and a coauthor of, among other books, The Decline of the Welfare State: Demography and Globalization and Migration and the Welfare State: Political-Economy Policy Formation, all published by the MIT Press. He is the recipient of the 2017 EMET Prize in Economics. Efraim Sadka is Henry Kaufman Professor of International Capital Markets at Tel Aviv University. Stanley Fischer is former Governor of the Bank of Israel and has been nominated as Vice Chair of the Federal Reserve]. He is the author of IMF Essays from a Time of Crisis: The International Financial System, Stabilization, and Development (MIT Press). Ricardo Hausmann is Director of the Center for International Development at Harvard University, Professor of the Practice of Economic Development at Harvard Kennedy School, and George Cowan Professor at the Santa Fe Institute. Edmund S. Phelps is McVickar Professor of Political Economy at Columbia University and founder of Columbia's Center on Capitalism and Society. He was the 2006 Nobel Laureate in Economics.
"Guillermo Calvo's work has always been rigorous in its theoretical treatment of the most important macroeconomic phenomena of our time. This fine collection of papers is very much in the spirit of his work, tackling critical problems with new theories and careful empirical analysis. It includes important new research by the leaders in the profession whose papers deal with financial crises, monetary regimes, policy rules, and determinants of economic growth. This is a masterful achievement, one that no serious scholar of international finance can afford to be without."--Andrew K. Rose, Rocca Professor, Haas School of Business, University of California Berkeley -- Andrew Rose "This impressive collection of papers is a fitting tribute to one of the greatest economists of the late twentieth century."--Michael Bordo, Department of Economics, Rutgers University -- Michael Bordo "Guillermo Calvo's work has always been rigorous in its theoretical treatment of the most important macroeconomic phenomena of our time. This fine collection of papers is very much in the spirit of his work, tackling critical problems with new theories and careful empirical analysis. It includes important new research by the leaders in the profession whose papers deal with financial crises, monetary regimes, policy rules, and determinants of economic growth. This is a masterful achievement, one that no serious scholar of international finance can afford to be without." Andrew K. Rose , Rocca Professor, Haas School of Business, University of California Berkeley "This impressive collection of papers is a fitting tribute to one of the greatest economists of the late twentieth century." -- Michael Bordo , Department of Economics, Rutgers University
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