Ricardo J. Caballero | |
---|---|
Born |
Punta Arenas, Chile |
20 October 1959
Nationality | Chilean |
Institution | Massachusetts Institute of Technology |
Field | Macroeconomics |
Alma mater | Massachusetts Institute of Technology |
Doctoral advisor |
Olivier Blanchard Stanley Fischer |
Doctoral students |
Pablo García Silva Emmanuel Farhi Thomas Philippon |
Awards | Frisch Medal (2002) |
Information at IDEAS / RePEc |
Ricardo Jorge Caballero (born 20 October 1959) is a Chilean macroeconomist who holds the Ford International chair of economics at the Massachusetts Institute of Technology. He received his PhD from MIT in 1988, and he taught at Columbia University before returning to the MIT faculty. In 2002, he was awarded the Econometric Society's Frisch Medal.
Recently much of Caballero's work has focused on international financial crises. He has also studied the aggregate behavior of economies with heterogeneous agents, the macroeconomic effects of irreversible investment in firm-specific assets, and Schumpeterian theories of technological progress through creative destruction.