Background
Stein, Jerome Leon was born on November 14, 1928 in Brooklyn. Son of Meyer and Ida (Shapiro) Stein.
("This book greatly enhances our understanding of the beha...)
"This book greatly enhances our understanding of the behavior of real exchange rates. It provides an elegant model based on a solid theoretical foundation that links real exchange rates to their fundamental economic determinants and takes proper account of stock and flow considerations. The authors provide a masterful account of how changes in productivity and thrift affect the real exchange rate, and show that the long-run impact depends crucially on whether the change reflects the former fundamental (investment) or the latter (consumption). The empirical implementation uses state-of-the-art cointegration and error correction methodologies that are eminently well suited to capture the short-run adjustment of the real exchange rate to its medium- to long-run equilibrium value. The empirical results are extremely encouraging, as the economic fundamentals identified by the authors can explain a subbstantial part of the movement in the real exchange rate of a number of countries."--Peter Clark, International Monetary Fund
http://www.amazon.com/gp/product/0198287992/?tag=2022091-20
(This book is concerned with a world where the return on c...)
This book is concerned with a world where the return on capital, interest rates and exchange rates are not known with certainty. On the basis of state of the art research in applied mathematics and economics, the author derives benchmarks that are used to answer many important questions. This research develops analytical tools that can explain and evaluate trends in real exchange rates, and provide theoretically based warning signals of currency and debt crises.
http://www.amazon.com/gp/product/0199280576/?tag=2022091-20
http://www.amazon.com/gp/product/B00D5FFEPS/?tag=2022091-20
Stein, Jerome Leon was born on November 14, 1928 in Brooklyn. Son of Meyer and Ida (Shapiro) Stein.
Bachelor summa cum laude, Brooklyn College, 1949. Master of Arts, Yale University, 1950. Doctor of Philosophy, Yale University, 1955.
Docteur honoris causa, University de la Méditerranée, 1997.
Instructor Brown University, Providence, 1953-1956, assistant professor, 1956-1960, associate professor, 1960-1962, professor, 1962-1970, Eastman professor political economy, 1970-1994, professor emeritus Providence, since 1994. Visiting professor Hebrew University, Jerusalem, 1965-1966, 72-73, 78. Ford Foundation research professor economics University California, Berkeley, 1979-1980, Sorbonne, University Paris, 1982, Tohoku University, Sendai, Japan, 1983, Haute Etudes Commercial, France, 1987, Monash University, Melbourne University, Australia, 1989, University Aix-en-Provence, Marseille, France, 1992, 95, 96, 97, 98, University Munich, 1994, La Sapienza, Rome, 1994.
Visiting professor applied mathematics Brown University, since 1996.
(This is work develops a theory of the real effects of fut...)
(This book is concerned with a world where the return on c...)
("This book greatly enhances our understanding of the beha...)
(Book by Stein, Jerome L.)
Member American Economic Association.
Married Hadassah Levow, August 27, 1950. Children: Seth, Gil, Ilana.