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Rudi DornbuschGerman economist
Date of Birth: 08.06.1942
Country:  USA |
Content:
- Childhood and Education
- Academic Journey
- University Appointments
- Research Focus
- International Contributions
- Legacy
Childhood and Education
Rudiger 'Rudi' Dornbusch was born on June 8, 1942, in Krefeld, North Rhine-Westphalia, Germany. After completing his secondary education, he pursued higher studies abroad.
Academic Journey
Dornbusch earned his undergraduate degree from the University of Geneva in 1966. He then spent a year as a research assistant at the Graduate Institute of International and Development Studies in Switzerland. In 1971, he obtained his Ph.D. from the University of Chicago, where he also taught briefly at the Graduate School of Business.
University Appointments
Dornbusch served as an assistant professor of economics at the University of Rochester for two years and then as an associate professor of international economics at the University of Chicago's Graduate School of Business for a year. In 1975, he joined the Massachusetts Institute of Technology (MIT) as an associate professor of economics. He became a full professor in 1984 and remained at MIT until his passing in 2002.
Research Focus
Throughout his career, Dornbusch specialized in international economics, with a particular focus on monetary policy, macroeconomic development, growth, and international trade. His ability to simplify complex issues and explain solutions in accessible terms made him highly respected among students and colleagues.
International Contributions
Dornbusch also collaborated with the IMF, contributing to the development of stabilization policies, especially for Latin American countries. He served as an associate editor for the 'Quarterly Journal of Economics' for over 15 years and co-authored textbooks with Stanley Fischer.
Legacy
Rudiger Dornbusch passed away from cancer on July 25, 2002, at the age of 60. He left behind a legacy as an influential economist whose work continues to shape the field of international economics.
