The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Prof. Ricardo Caballero as MAS Professor of Economics and Finance from November 14-25, 2022. Prof. Caballero will be hosted by the Faculty of Arts at NUS and the Economics Department of Social Sciences and the Economic Policy Group at MAS for the duration of the chair.
Prof. Caballero is the Ford International Professor of Economics, Director of the Global Economics Laboratory at the Massachusetts Institute of Technology (MIT), and Research Fellow at the US National Bureau of Economic Research. He served as Chairman of the Department of Economics at MIT from 2008 to 2011. In addition, he has served as a visiting scholar and consultant to various central banks and government institutions, including the European Central Bank, Federal Reserve, International Monetary Fund as well than the World Bank.
Professor Caballero is a recognized authority on macroeconomics, international economics and finance, and has an extensive list of publications in all major academic journals in economics. Among his major awards are the Frisch Medal of the Econometric Society in 2002 and the Smith Breeden First Prize in 2008 for the best article in the Journal of Finance. Professor Caballero is also a Fellow of the Econometric Society and a Fellow of the American Academy of Arts and Sciences.
Professor Lionel Wee, Dean of the Faculty of Arts and Social Sciences at NUS, said: “We are deeply honored to welcome Professor Ricardo Caballero as a full-term MAS Professor and look forward to his collaboration with our economics department. His extensive knowledge and research, particularly in the areas of monetary and fiscal policy, adds breadth and depth to the global learning experience we provide, which greatly benefits our faculty and students. .
Mr. Edward Robinson, Deputy Director General (Economic Policy) and Chief Economist at MAS, said: “Professor Caballero is a highly regarded international macroeconomist who has made significant contributions to policy issues relevant to open economies. He is known for his research on global financial imbalances, capital flows and the causal mechanisms of financial crises. He also has a deep understanding of financial markets, having worked with the asset management industry. It is a great privilege to welcome him as a term professor of MAS and we look forward to learning from such a distinguished researcher. »
Professor Caballero will give a public lecture on “Inflation and Post-Covid Markets: A Flipped World” at NUS on November 16, 2022. He will discuss the implications of higher inflation for financial markets. In addition, Prof. Caballero will give a research seminar, engage in dialogue sessions with NUS faculty members to discuss his latest research findings, and advise PhD students on their research.
At MAS, Professor Caballero will also give a seminar and engage senior policy makers and economists on international finance and monetary policy issues.