Welcome to Miguel D. Ramirez's HomePage |
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We are next to Buckingham Palace (Spring 2005), and I'm next to Stonehenge (Summer 2007)--a truly impressive site that dates back to 3500 B.C.
Office: Williams Memorial 312
Office Hrs. (Summer 2008 term): T and W.: 10:00-11:50, and by appt.
Tel.: 860-297-2487; Fax: 860-297-2163
e-mail address: miguel.ramirez@mail.trincoll.edu
Personal Information and Academic Interests:
I am a native of Chile and a naturalized U.S. citizen since 1990. I received my Ph. D. in economics from the University of Illinois at Urbana-Champaign in 1984. My teaching interests are primarily in the areas of Latin American economic development and international finance. At the College I usually offer Latin American economic development (Econ. 231) during the fall term, while international finance (Econ. 316) is taught during the spring term.
As far as my research is concerned, it is primarily dedicated to analyzing the challenges and opportunities that Latin American nations face as they attempt to stabilize and reform their economies. In particular, my work has reviewed and analyzed the impact of adjustment and stabilization measures in Chile and Mexico, as well as the mixed success of structural reform programs such as privatization of state-owned firms, deregulation of economic activity, and liberalization of trade and finance. For further information on my research and teaching interests, as well as useful research and teaching links, please refer to the information below.
Abbreviated Curriculum Vitae:
Ph.D., Spring, 1984, University of Illinois at Urbana-Champaign, Economics.
Ph.D. Fields: Economic Development (major); International Economics (major); and Econometrics (minor)
- Professional Experience at Trinity College:
Assistant Professor, Trinity College, Hartford, CT, 1985-89. Associate Professor with tenure, 1990-1996. Full Professor with tenure, 1997- present.
- Visiting Positions:
Assistant Professor, Yale University, New Haven, CT, fall 1988; Associate Professor, Haverford College, Haverford, PA, spring 1992; Associate Professor, University of Illinois at Champaign-Urbana, Summer 1991-92; Associate Professor, Hartford College for Women, Hartford, fall 1994; Associate Professor, Yale University, New Haven, CT, spring 1995; Associate Professor, Wesleyan University, Middletown, CT, fall 1995; Associate Professor, Yale University, New Haven, CT, spring 1996; Associate Professor, Yale University, New Haven, CT, fall 1996; Professor, Yale University, New Haven, CT, summer 1997; Professor, Yale University, New Haven, CT, fall 1998; Professor, Vanderbilt University, Nashville, TN, spring 1999; Professor, Yale University, New Haven, 2005-2008.
- Teaching Experience:
Department of Economics, Trinity College, 1985-present.
Introductory Statistics (Econ. 107); Introductory Economics (Econ. 101); International Finance (Econ. 316); Macroeconomic Theory (Econ. 302); Graduate Macroeconomics (Econ. 502); Latin American Economic Development (Econ. 231); Econometrics (Econ. 318); History of Economic Thought (Econ. 331-04); Graduate International Finance (Econ. 817); Economies of the Third World (Econ. 317); Structural Reform in Latin America and the Caribbean (Econ. 313); Issues in International Trade and Development (Econ. 331); Issues in International Finance (Econ.331); Global Financial Instability (Econ. 331); Applied Econometrics: Time-Series Analysis (Econ. 328); Issues in International Trade and Finance (Econ. 331).
Recent Articles in Refereed Journals
"Are Foreign and Public Capital Productive in the Mexican Case? A Panel Unit Root and Panel Cointegration Analysis, Yale Department of Economics Working Papers, Discussion Paper No. 49, Yale Department of Economics, New Haven, May 2008, pp. 1-33.
"What Explains Latin America's Poor Investment Performance During the 1980-2001 Period?: A Panel Unit Root Analysis," International Review of Applied Economics, Vol. 22, No.1, January 2008, pp. 1-15.
"A Panel Unit Root and Panel Cointegration Test of the Complementarity Hypothesis in the Mexican Case, 1960-2001," Atlantic Economic Journal, Vol. 35, No. 3, September 2007, pp. 343-356.
"Marx, Wages, and Cyclical Crises: A Critical Interpretation," Contributions to Political Economy, Vol. 26, No. 1, August 2007, pp. 27-41.
"Is Foreign Direct Investment Productive in the Latin American Case? A Panel Unit Root and Panel Cointegration Analysis," Yale Department of Economics Working Papers, Discussion Paper No. 23, Yale Department of Economics, New Haven, May 2007, pp. 1-45.
"Does Foreign Direct Investment Enhance Private Capital Formation in Latin America?” The Journal of Developing Areas, Vol.40, No.1, Fall 2006, pp.81-97.
"Latin American Investment Performance During the 1980-2002 Period: A Panel Cointegration Approach," Applied Econometrics and International Development, Vol. 6, No. 2, May-August 2006, pp. 109-124.
"Does Foreign Direct Investment Enhance Labor Productivity Growth in Chile? A Cointegration Analysis," Eastern Economic Journal, Vol. 32, No. 2, Spring 2006, pp. 205-220.
"A Panel Unit Root and Panel Cointegration Test of the Complementarity Hypothesis in the Mexican Case, 1960-2001," Center Discussion Paper No. 942, Economic Growth Center, Yale University, New Haven, August 2006, pp. 1-29.
"Economic and Institutional Determinants of Foreign Direct Investment in Chile: A Time-Series Analysis, 1960-2001," Contemporary Economic Policy, Vol. 24, No. 3, July 2006, pp. 459-471.
"Is Foreign Direct Investment Beneficial for Mexico? An Empirical Analysis, 1960-2001," World Development, Vol. 34, No. 5, May 2006, pp. 802-817.
"Did Institutional Factors Enhance FDI Flows to Chile during the 1985-2001 Period? An Error Correction Analysis," Journal of Emerging Markets, Vol. 10, No. 1, Spring 2005, pp.18-29.
"Foreign Capital and Labor Productivity Growth in Chile," Problemas del Desarrollo, Vol. 36, No. 140, January-March (2005), pp. 44-61.
"Is Public Infrastructure Spending Productive in the Mexican Case? A Vector Error Correction Analysis," The Journal of International Trade and Economic Development, Vol. 13, No.2, June 2004, pp. 159-178.
"Is Foreign Direct Investment Beneficial to Mexico?" International Advances in Economic Research, Vol. 10, No. 1, February 2004, pp. 83-85.
"Mexico Under NAFTA: A Critical Assessment," The Quarterly Review of Economics and Finance, Vol. 43, No. 5, Winter 2003-04, pp. 863-892.
Miguel D. Ramirez and Nader Nazmi, "Public Investment and Economic Growth in Latin America: An Empirical Test," Review of Development Economics, Vol. 7, No. 1, February 2003, pp.115-126.
Miguel D. Ramirez, "Public Capital Formation and Labor Productivity Growth in Mexico," Atlantic Economic Journal, Vol. 30, No. 4, December 2002, pp. 366-379.
"Foreign Direct Investment in Mexico during the 1990s: An Empirical Assessment," Eastern Economic Journal, Vol. 28, No.3, Summer 2002, pp. 409-423.
"The Mexican Regulatory Experience in the Airline, Banking and Telecommunications Sectors," The Quarterly Review of Economics and Finance, Vol. 41, No. 5, 2001, pp. 657-681.
"Foreign Direct Investment in Chile and Mexico during the 1990s: A Critical Assessment," Latin American Business Review, Vol. 2, No. 1, 2001, pp. 55-82.
"The Impact of Public Investment on Private Investment Spending in Latin America, 1980-1995: A Pooled Regression Analysis," Atlantic Economic Journal, Vol. 28, No.2, June 2000, pp. 210-225.
"Public Capital Formation and Labor Productivity Growth in Chile," Contemporary Economic Policy, Vol. 18, No.2, April 2000, pp. 159-169.
"Foreign Direct Investment in Mexico: A Cointegration Analysis," The Journal of Development Studies, Vol. 37, No.1 (October 2000), pp. 138-162.
Miguel D. Ramirez and Shahryar Khan, " A Cointegration Analysis of PPP, 1973-1996," International Advances in Economic Research, Vol. 5, No. 3, August 1999, pp. 369-385.
Miguel D. Ramirez, "Does Public Investment Enhance Labor Productivity Growth in Chile? A Cointegration Analysis," The North American Journal of Economics and Finance, Vol. 9, No. 1, Fall 1998, pp. 45-65.
"Privatization and Regulatory Reform in Mexico and Chile: A Critical Overview," in Quarterly Review Of Economics and Finance, Vol. 38, No. 3, Fall 1998, pp. 421-439.
"Does Public Investment Enhance Productivity Growth in Mexico? A Cointegration Analysis," Eastern Economic Journal, Vol. 24, No.1, Winter 1998, pp. 63-82.
Miguel D. Ramirez and Nader Nazmi, "Public Investment and Productivity Growth in Mexico," Contemporary Economic Policy, Volume XV, No. 1, January 1997, pp. 65-75.
"Fiscal Policy in a Small Open Economy Model with Variable Prices when Public Spending affects Private Spending Directly," Journal of International Development, Volume 9, no. 2, March-April 1997, pp.189-205.
Books
Development Banking in Mexico. New York: Praeger Publishers, 1986.
Mexico's Economic Crisis: Its Origins and Consequences. New York: Praeger Publishers/Greenwood Press, Inc., 1989).
Chapters in Books
"Economic and Social Consequences of the National Austerity Program in Mexico," in Howard Handelman and Werner Baer (eds.) Paying the Costs of Austerity in Latin America. Boulder, CO: Westview Press, 1989).
"Privatization and the Role of the State in Post-ISI Mexico," in Werner Baer and Melissa Birch (eds.) Privatization in Latin America. New York: Praeger Publishers, 1994.
"El Programa mas reciente de estabilizacion auspiciado por el fmi," in Alicia Giron y Genoveva Roldan, eds. Mexico: Presente, Pasado y Futuro. Mexico, D.F.: Editorial Siglo XXI, 1996, pp. 79-104.
"The Mexican Economy," in Laura Randall, ed. Latin American Economies in the Post War Period. Austin: The University of Texas Press, 1997, pp. 111-148.
"The Evolution, Rationale, and Impact of Mexicos Privatization Program," in Jerry Haar and Melissa Birch, eds. Latin American Privatization. Miami, FL: The North-South Center, 2000, pp. 51-76.
"FDI in Mexico and Chile: A Critical Appraisal," in Werner Baer and William Miles, eds. Foreign Direct Investment in Latin America. New York: The Hayworth Press, 2001.
"Foreign Direct Investment in Chile: An Empirical Analysis," in Frank H. Columbus, ed. Politics and Economics of Latin America. New York: Nova Science Publishers, Inc., 2001, pp. 109-134.
"Privatization in Mexico and Chile: A Critical Perspective," in David Parker and David Saal, eds. International Handbook on Privatization. Northhampton, Mass.: Edward Elgar Publishing Limited, 2003, pp. 262-291.
"An Empirical (Pooled) Analysis of Latin America's Poor Investment Performance During the 1980-1999 Period," in Albert Tavidze, ed. Progress in Economic Research, Volume 10. New York: Nova Science Publishers, Inc., 2006, pp. 115-136.
Review of Books
"Boom-Bust Cycles and Financial Liberalization," Eastern Economic Journal, Vol. 33, No.4, Fall 2007, pp. 569-571.
"The New American Regionalism," Journal of Regional Science, Vol. 45, No. 3, August 2005, pp. 646-649.
"Democratization Without Representation: The Politics of Small Industry in Mexico," Latin American Politics and Society, Vol. 47, No.3, Fall 2005, pp. 173-178.
"The Transformation of Latin America," Eastern Economic Journal, Vol. 28, No.2 Spring, 2002, pp. 279-282.
"Mexican Banking and Investment in Transition," Journal of Interamerican Studies and World Affairs, Vol. 40, No. 2, Summer 1998, pp. 300-305.
"Economic Policy and Stabilization in Latin America," Southern Economic Journal, Vol. 64, No.1, July 1997, pp. 360-62.
"Desert Capitalism," Journal of Developing Areas, Vol. 32, No. 1, fall 1997, pp. 278-282.
"Mexico: The Remaking of an Economy," Southern Economic Journal, October 1994, 61, no.2, 556-558.
"North American Free Trade: Assessing the Impact," in the North American Journal of Economics and Finance, Fall 1993, 4, no. 2, 271-73.
"The Latin American Development Debate," in the Southern Economic Journal, July 1993, 60, no.1, 265-68.
Complete Curriculum Vitae: resume5.pdf
Useful links to economic data, research, and analysis of Latin America's economic and social problems:
1. Economic Commission for Latin America and the Caribbean (ECLAC): http://www.eclac.cl
2. Latin American Research Group at the Federal Reserve Bank of Atlanta: http://www.frbatlanta.org/econ_rd/americas_center/ac_index.cfm
3. Latin American Newsletters: http://www.latinnews.com/
8. Diario La Tercera (Chilean Newspaper): http://www.tercera.cl/
4. North-South Center at the University of Miami: http://www.ciaonet.org/wps/sites/nsc.html
5. Latin American Network Information Center: http://lanic.utexas.edu/
6. Inter-American Development Bank: http://www.iadb.org/exr/ENGLISH/index_english.htm
7. La Jornada Newspaper (Mexican): http://www.jornada.unam.mx/
9. Center for Latin American Research at the Dallas Fed: http://dallasfed.org/latin/index.html
Teaching Resources and Other Links:
1. Pedagogical resources for students in introductory economics: http://www.mhhe.com/economics/mcconnell/student/index.mhtml
2. Teaching and Research Statement: teaching_and_research_statement.htm
3. Syllabus for introductory economics (Spring 2008): econ_101_syllabus.htm
4. Syllabus for introductory economics (Summer 2008):
5. Syllabus for Latin American economic development (Fall 2007): econ_231.htm
6. Syllabus for Stabil. and Struct. Reform in Latin America (Fall 2006): Econ313
7. Syllabus for international finance (Spring 2008): econ_316_syllabus.htm
8. Global Financial Instability (Fall 2003): issues_in_intl_finance.htm
9. Outline of Objectives to be met in a Critical Review Paper: review_paper.htm
10. Information on World Currencies and their Conversions: http://quote.yahoo.com/m3?u
11. International Monetary Fund (IMF) Web site: http://www.imf.org/
12. Sample mid-term exam (2002): mid-term 2002
13. Sample final exam (2002): final_exam
Problem Sets for Econ. 316:
1. Problem Set # 1: problem set 1.htm
2. Problem Set # 2: problem set 2.htm
3. Problem Set # 3: problem set 3.htm
4. Problem Set # 4: problem Set 4.htm
5. Problem Set #5: problem set 5.htm
6. Problem Set # 6: problem_set_6.htm
7. Problem Set # 7: problem set 7.htm
8. Problem Set # 8: problem_set__8.htm
9. Problem Set # 9: Problem Set 9.htm
Answers to Homework Problems for Econ. 316 (from the book):
1. Answer Key # 1: answer_key_1.htm