Sandra Masur

  • Exchange Rates and Inflation

    Exchange Rates and Inflation

    Sandra Masur

    Rudiger Dornbusch's articles on exchange rates and open economy macroeconomics are among the most frequently cited in the field of international economics. Collected for the first time in Exchange Rates and Inflation, these articles, written over the past fifteen years, cover a wide range of issues while providing unique insights into the research style of a major economist. During this period the economics profession has shifted from global monetarism to the new classical economics, and Dornbusch's own interests, and some of his beliefs, have changed as well. Twenty two articles are gathered in four parts: Exchange Rate Theory; Special Topics in Exchange Rate Economics; Equilibrium Real Exchange Rates, and Inflation and Stabilization. Each part includes an introduction that discusses the essays and places them in context.

    • Hardcover $37.50
    • Paperback $45.00

Contributor

  • Keys to Prosperity

    Keys to Prosperity

    Free Markets, Sound Money, and a Bit of Luck

    Rudiger Dornbusch

    Timely commentaries and essays from economist Rudi Dornbusch.

    The underlying theme of Rudi Dornbusch's work is unabashedly Chicago, namely, the University of Chicago belief that markets solve problems best and that most bureaucrats, even when well-intentioned, are distracted by politics or excessive zeal for perfect solutions. Dornbusch seeks to challenge those in charge with alternative answers and to limit their ambitions. He takes aim at central bankers, bureaucrats, unions, do-gooders, and politicians from Brazil, Japan, Russia, and other scenes of economic disaster. This book collects Dornbusch's recent commentaries from such publications as Business Week, the Wall Street Journal, and the Financial Times, as well as longer essays from recent and forthcoming books. The pieces focus on issues of domestic and international economic policy, including inflation and debt, exchange rates, trade policy, emerging markets, and the intersection of politics and economics. The writing is lively, opinionated, and informative.

    • Hardcover $55.00
    • Paperback $25.00
  • Postwar Economic Reconstruction and Lessons for the East Today

    Postwar Economic Reconstruction and Lessons for the East Today

    Rudiger Dornbusch, Wilhelm Nolling, and Richard Layard

    The case studies in this book examine significant parallels between the situation in Eastern Europe today and the issues facing Europe and Japan after World War II, offering insights on what kinds of policy actions will be most effective in this difficult period of reconstruction.

    The breakup of the Soviet Union and the consequent extraordinary problems faced by Eastern European nations raise pressing economic questions. The case studies in this book examine significant parallels between the situation in Eastern Europe today and the issues facing Europe and Japan after World War II, offering insights on what kinds of policy actions will be most effective in this difficult period of reconstruction. The essays address such topics as the relative roles of government and the market; economic openness; industrial conversion from war to peacetime production; the roles of institutions, enterprises, the business community, and their work staffs; and external control of policy measures, of resources made available by the outside world, and of the general external environment. In their introductory chapter, the editors provide an overview that addresses the question of whether reconstruction can ever be managed smoothly.

    ContentsOpenness, Wage Restraint, and Macroeconomic Stability: West Germany's Road to Prosperity 1948-1959, H. Giersch, K. H. Paqué, M. Schmieding • The Lucky Miracle: Germany 1945-1951, H. Wolf • Inflation and Stabilization in Italy 1946-1951, M. De Cecco and F. Giavazzi • Economic Reconstruction in France 1945-1958, G. Saint-Paul • Reconstruction and the U.K. Postwar Welfare State: False Start and New Beginning, P. Minford • A Perspective on Postwar Reconstruction in Finland, J. Paunio • The Reconstruction and Stabilization of the Postwar Japanese Economy, K. Hamada and M. Kasuya • The Marshall Plan: History's Most Successful Structural Adjustment Program, J. B. De Long and B. Eichengreen • Lessons for Eastern Europe Today, 0. Blanchard, R. Portes, W. Nolling

    • Hardcover $48.00
    • Paperback $25.00