Rudi Dornbusch (1942-2002) was Ford Professor of Economics and International Management at MIT.
He did his undergraduate work in Switzerland and held a Ph.D. from the University of Chicago. He
taught at Chicago, at Rochester, and from 1975 to 2002 at MIT. His research was primarily in international
economics, with a major macroeconomic component. His special research interests included the behavior of
exchange rates, high inflation and hyperinflation, and the problems and opportunities that high capital
mobility pose for developing economies. He lectured extensively in Europe and Latin America, where he
took an active interest in problems of stabilization policy, and held visiting appointments in Brazil and
Argentina. His writing includes Open Economy Macroeconomics and, with Stanley Fischer and Richard
Schmalensee, Economics. Stanley Fischer is vice chairman of Citigroup and president of Citigroup International. From 1994
to 2002 he was first deputy managing director of the International Monetary Fund. He was an undergraduate
at the London School of Economics and has a Ph.D. from MIT. He taught at the University of Chicago while
Rudi Dornbusch was a student there, starting a long friendship and collaboration. He was a member of the
faculty of the MIT Economics Department from 1973 to 1998. From 1988 to 1990 he was chief economist at
the World Bank. His main research interests are economic growth and development; international economics
and macroeconomics, particularly inflation and its stabilization; and the economics of transition. http://www.iie.com/fischer Richard Startz is Castor Professor of Economics at the University of Washington. He was an
undergraduate at Yale University and received his Ph.D. from MIT, where he studied under Stanley
Fischer and Rudi Dornbusch. He taught at the Wharton School of the University of Pennsylvania before
moving on to the University of Washington, and he has taught, while on leave, at the University of
California- San Diego, the Stanford Business School, and Princeton. His principal research areas are
macroeconomics, econometrics, and the economics of race. In the area of macroeconomics, much of his
work has concentrated on the microeconomic underpinnings of macroeconomic theory. His work on race is
part of a long-standing collaboration with Shelly Lundberg. http://www.econ.washington.edu/user/startz |