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RJ

Ricardo J. Caballero

b. 1959

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Ricardo J. Caballero is a Chilean-born macroeconomist and professor at MIT, known for his work on aggregate fluctuations, financial crises, and the role of market imperfections. He has been a key figure in developing models of 'aggregate demand externalities' and 'financial frictions,' and has advised governments and central banks on crisis management.

Economics

WORKS

Specificity and the Macroeconomics of Restructuring
Collective Risk Management in a Flight to Quality Episode
A Model of Aggregate Demand Externalities
Sudden Financial Arrest
Macroeconomic Volatility in Latin America: A View and Three Case Studies

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