Awards Frisch Medal (2002)
|Name Ricardo Caballero|
|Born 20 October 1959 (age 56) (1959-10-20) Punta Arenas, Chile|
Institution Massachusetts Institute of Technology
Alma mater Massachusetts Institute of Technology
Education Massachusetts Institute of Technology
Books Specificity and the Macroeco, Macroeconomic Volatility in Reformed, Emerging Markets Crisis ‑ A, External Vulnerability and Prev
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.