Biography
Carlos A. Vegh, Professor, received his PhD in economics from the University of Chicago in 1987. He served on UCLA"s faculty since 1996 and was Professor and Undergraduate Vice Chair at the time he joined the University of Maryland in 2005. Professor Vegh is a Research Associate of the National Bureau of Economic Research and was co-editor of the Journal of International Economics and the Journal of Development Economics. His recent research has focused on monetary and fiscal policy in developing countries. His recent publications include "When It Rains It Pours: Procyclical Capital Flows and Macroeconomic Policies" (with G. Kaminsky and C. Reinhart), NBER Macroeconomics Annual, 2004; "The Unholy Trinity of Financial Contagion" (with G. Kaminsky and C. Reinhart), Journal of Economic Perspectives, 2003; "Delaying the Inevitable: Interest Rate Defense and BOP Crises" (with A. Lahiri), Journal of Political Economy, 2003; "What If Alexander Hamilton Had Been Argentinean: A Comparison of the Early Monetary Experiences of Argentina and the United States" (with M. Bordo), Journal of Monetary Economics, 2002; and "Modern Hyper- and High Inflation" (with S. Fischer and R. Sahay), Journal of Economic Literature, 2002. Prof. Vegh is currently working on a graduate textbook on open economy macroeconomics for developing countries (to be published by MIT Press).
Areas of Interest:
monetary and fiscal policy in developing countries