Maurice Obstfeld

Maurice Obstfeld ( born March 19, 1952 in New York City ) is an American economist. He is an expert in matters of foreign economic theory, in particular of international capital flows. Is known of his textbook International Economics: Theory and Policy by Paul Krugman.

Life

From 1969 to 1973 Obstfeld studied at the University of Pennsylvania, in Philadelphia. There he earned a Bachelor of Arts, which he graduated summa cum laude. 1973 to 1975 he studied at King's College, University of Cambridge, where he obtained a Master.

Between 1975 and 1979 studied Obstfeld at the Massachusetts Institute of Technology. In 1979 he received his Ph.D. for a thesis on Capital Mobility and Monetary Policy under Fixed and Flexible Exchange Rates.

From 1979 he worked in various positions at Columbia University before moving in 1986 as a professor at the University of Pennsylvania. Since 1989 he is professor at the University of California at Berkeley.

Since 2001, he also acts as advisor to the Bank of Japan.

Honors

  • 2004: Bernhard Harms Prize from the Kiel Institute for the World Economy

Important publications

Monographs

  • International Economics: Theory and Policy, 2005, with Paul Krugman ( translated into several languages ​​)
  • Global Capital Markets: Integration, Crisis, and Growth, 2004, Alan M. Taylor
  • Money, Capital Mobility, and Trade: Essays in Honor of Robert Mundell, 2001, by Guillermo Calvo and Rudiger Dornbusch
  • Globalization and Macroeconomics, 2000
  • Foundations of International Macroeconomics, 1998, with Kenneth Rogoff
  • Financial Shocks and Business Cycles: Lessons from Outside the United States, 1998
  • The Logic of Currency Crises, 1994

Journal articles

  • Imperfect asset substitutability and Monetary Policy under Fixed Exchange Rates, Journal of International Economics, 1980
  • Intermediate Imports, the Terms of Trade, and the Dynamics of the Exchange Rate and Current Account, Journal of International Economics, 1980
  • Capital Mobility and Devaluation in on Optimizing Model with Rational Expectations, American Economic Review, 1981
  • Can We Sterilize? Theory and Evidence, American Economic Review, 1982
  • Exchange Rates, Inflation, and the Sterilization Problem: Germany, 1975-1981, European Economic Review, 1983
  • Rational and Self - Fulfilling Balance -of- Payments Crises, American Economic Review, 1986
  • Ruling Out ​​Divergent Speculative Bubbles, Journal of Monetary Economics, 1986, with Kenneth Rogoff
  • International Risk Sharing and Capital Mobility: Another Look, Journal of International Money and Finance, 1992
  • Exchange Rate Dynamics Redux, Journal of Political Economy, 1995, with Kenneth Rogoff
  • A Strategy for Launching the Euro, European Economic Review, 1998
  • The Six Major Puzzles in International Macroeconomics: Is There a Common Cause, in Ben S. Bernanke, Kenneth Rogoff (eds.), NBER Macroeconomics Annual 2000, by Kenneth Rogoff?
  • Inflation Targeting, Exchange -Rate Pass -Through, and Volatility, American Economic Review, 2002
Capital (economics) The American Economic Review Name Authority File
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