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Guillermo A. Calvo

Guillermo A. Calvo is Distinguished University Professor and the Director of the Center for International Economics at the University of Maryland. Since 2001 he has served as Chief Economist and Manager of the Research Department at the Inter-American Development Bank. He is the author of Money, Exchange Rates, and Output (MIT Press, 1996).

Titles by This Author

Bad Luck or Bad Policy?

Since the mid-1990s, emerging market economies have been hit by dramatic highs and lows: lifted by large capital inflows, then plunged into chaos by constrained credit and out-of-control exchange rates. The conventional wisdom about such crises is strongly influenced by the experience of advanced economies.

Titles by This Editor

Essays in Honor of Robert A. Mundell

Written by Robert Mundell's academic descendants, as well as other leading economists and scholars, the essays in this volume reflect Mundell's broad influence on modern open-economy macroeconomics.