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Rudi Dornbusch was born on 8 June, 1942 in Krefeld, Rhine Province, Germany, is a German economist (1942–2002). Discover Rudi Dornbusch's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 60 years old?

Popular As N/A
Occupation N/A
Age 60 years old
Zodiac Sign Gemini
Born 8 June, 1942
Birthday 8 June
Birthplace Krefeld, Rhine Province, Germany
Date of death 25 July, 2002
Died Place Washington, D.C., U.S.
Nationality Germany

We recommend you to check the complete list of Famous People born on 8 June. He is a member of famous economist with the age 60 years old group.

Rudi Dornbusch Height, Weight & Measurements

At 60 years old, Rudi Dornbusch height not available right now. We will update Rudi Dornbusch's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Rudi Dornbusch Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Rudi Dornbusch worth at the age of 60 years old? Rudi Dornbusch’s income source is mostly from being a successful economist. He is from Germany. We have estimated Rudi Dornbusch's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

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Timeline

1942

Rüdiger Dornbusch (June 8, 1942 – July 25, 2002) was a German economist who worked in the United States for most of his career.

Dornbusch was born in Krefeld in 1942.

1966

After completing his secondary education at the Gymnasium am Moltkeplatz, he studied political science at the University of Geneva, and received his undergraduate degree (licence en sciences politiques) from the Graduate Institute of International Studies in 1966.

He went on to graduate study at the University of Chicago, receiving an MA in economics in 1966, and a PhD in economics in 1971.

He lectured briefly at the University of Chicago Booth School of Business, before serving as an assistant professor at the University of Rochester for two years; he then returned to Chicago, where he served as a professor of international economics.

1975

In 1975, he moved to MIT, where he was appointed an associate professor in the Department of Economics, and was made a full professor in 1984.

2002

He stayed at MIT until his death in 2002.

Throughout his career his main focus was on international economics, especially monetary policy, macroeconomic development, growth and international trade.

According to some of his students and associates his talent was to extract the heart of a problem and make it understandable in simple terms.

For example, he explained fluctuations in prices and exchange rates with great clarity (notably with his overshooting model).

He succeeded in making a more realistic model than Mundell–Fleming model with regard to a small open economic system, considering exchange rate expectations.

He worked also for the International Monetary Fund, contributing to the development of stabilisation policies, especially for Latin American countries.

Along with Sebastián Edwards he coined the term macroeconomic populism.

For more than 15 years he served as an associate editor of the Quarterly Journal of Economics.

Together with Stanley Fischer he also wrote widely used undergraduate textbooks.

He died, aged sixty, from cancer.