Money, Crises, and Transition
Essays in Honor of Guillermo A. Calvo
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Money, Crises, and Transition by Carmen M. Reinhart
Book DescriptionGuillermo 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. In Money, 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. ContributorsLeonardo Auernheimer, Fabrizio Coricelli, Padma Desai, Allan Drazen, Sebastian Edwards, Roque B. Fernandez, 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. Vegh, Andres Velasco, Rodrigo Wagner
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Book DetailsISBN: 9780262182669
(229mm x 178mm x 22mm)
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 30-Sep-2008
Country of Publication: United States
Books By Author Carmen M. Reinhart
This Time is Different, Paperback (July 2011)» View all books by Carmen M. Reinhart
Throughout history, rich and poor countries alike have been lending, borrowing, crashing - and recovering - their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different". This book covers topics ranging from medieval currency debasements to today's subprime catastrophe.
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Author Biography - Carmen M. Reinhart
Carlos A. Vegh is Professor of Economics at the University of Maryland and a Research Associate at the National Bureau of Economic Research.
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