Rudi Dornbusch
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Rudi Dornbusch (Rüdiger Dornbusch, June 8, 1942 - July 25 2002) was a German economist born in Krefeld.
He spent the majority of his career teaching at the MIT Sloan School of Management and the MIT Department of Economics. Earlier in his career, he taught at University of Rochester and the University of Chicago. He studied at University of Geneva and received his Ph.D. from the University of Chicago in 1971.
His talent was to extract the heart of a problem and make it understandable in simple terms. For example, he explained fluctuations in prices and exchange rates with great clarity (notably with his Overshooting Model). His textbook on macroeconomics with Stanley Fischer was a key work for economics undergraduates.
He died, aged sixty, from cancer.
Works
- Open Economy Macroeconomics.
- Macroeconomics Populism. 1990
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