Degrees:
Ph.D., Univ. of Illinois
M.S., Univ. of Illinois
B.A., Univ. of Illinois
Professor Ramirez is a native of Chile and a naturalized U.S. citizen since 1990. He received his Ph.D. in economics from the University of Illinois at Urbana-Champaign in 1984 and has been at Trinity College since 1985. He has held visiting positions at the University of Illinois at Urbana-Champaign (Summer 1991 and 1992), Haverford College (Spring 1992), Vanderbilt University (Spring 1999), and Yale University (Spring 2006). His teaching interests are primarily in the areas of Latin American economic development and international finance and open economy macroeconomics. Before retiring at the end of AY2023-24, he usually offered Latin American economic development and Structural Reform in Latin America during the fall term, while he taught international finance and open economy macroeconomics during the spring term. He also taught a course in Time-Series Analysis every other spring term, with particular emphasis on unit root and cointegration analysis, error correction modeling, and forecasting.
Insofar as his 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 an increasingly globalized world. In particular, his work has reviewed and analyzed the impact of IMF-sponsored adjustment and stabilization measures in Argentina, 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. His research has also focused on the economic and institutional determinants of foreign direct investment in Argentina, Chile, and Mexico, as well as the impact of these flows on private capital formation and labor productivity growth in Latin America. Another important focus of his work in recent years has been the growing role of remittance flows in financing private investment spending and boosting economic growth in countries such as Ecuador, the Dominican Republic, El Salvador, Jamaica, and Mexico. In recent years he has published work in the history of economic thought relating to Marx's important analysis of wages and cyclical crises, his theory of absolute and differential ground rent, his analysis of the falling rate of profit, Marx's controversial writings on the so-called Asiatic mode of production, and his conception of capital as a social process. Finally, he has also published and undertaken research on David Ricardo's views on absolute and relative value in terms of labor values.
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Foreign Direct Investment in Latin America
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History of economic thought.
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Latin American economic growth and development
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International finance, trade, and open economy macroeconomics
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Time series, unit roots, cointegration, FMOLS and DOLS analysis
ECON-315
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Theories of International Trade
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ECON-316
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International Finance
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ECON-431
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Issues in International Trade and Finance
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Ricardo's views on Absolute and Relative Value in terms of Labor Values.
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Econometric analysis of remittance flows to Latin America and their impact on fixed capital formation and economic growth.
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Empirical analysis of economic and institutional determinants of private investment spending in Latin America.
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Marx's analysis of wages and the business cycle, his theory of absolute rent, his prescient views on the role of credit in fueling speculative crises, his writings on the Asiatic mode of production, and his conception of capital-value as a social process.
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Analyzing the challenges and opportunities that Latin American nations face as they attempt to stabilize and reform their economies in an increasingly globalized world
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The impact of IMF-sponsored adjustment and stabilization measures in Argentina, Chile, and Mexico.
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The mixed success of structural reform programs such as privatization of state-owned firms, deregulation of economic activity, and liberalization of trade and finance
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Econometric analysis of selected economic and institutional determinants of foreign direct investment in Argentina, Chile, and Mexico, as well as the impact of these flows on private capital formation and labor productivity growth in Latin America
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- Selected as Member of the Month (December 2016) by the International Atlantic Economic Association.
- Visiting Professor at Yale University, Summer Session B, 2017-2019/2022-25. Taught course entitled, " Topics in International Economics, Econ. S328 -01.
- Visiting Professor at Yale University, Summer Session A, 2013-16. Taught Seminar entitled, "Topics in International Economics."
- Visiting Professor at Yale University, Global Summer Program, 2012. Course in international Trade and Finance.
- Recipient of the Ward S.Curran Distinguished Professor of Economics Endowed Chair, July 2012.
- Member of the editorial board for the International Scholarly Research Network (ISRN) Economics.
- Visiting Professor at Yale University, Global Summer Program, Summer 2011. Course in Trade and Finance.
- Visiting Professor at Yale University, fall 2010. Teaching a senior seminar entitled, "Topics in International Economics."
- Visiting Professor at Yale University, Global Summer Program, Summer 2010. Seminar in Trade and Finance.
- Nominated for the award of "Oxford Journal Distinguished Research Professor."
- Visiting Professor at Yale University, fall 2007. Senior seminar in International Trade and Finance.
- Appointed to serve on the Council for Latin American Studies at Yale University, Spring 2006-Fall 2007.
- Visiting Professor at Yale University, spring 2006. Supervised Doctoral Dissertation by Peter Cody in the Yale Economic Growth Center [with Pr. Robert Evenson].
- Recipient of the Charles A. Dana Research Professorship. The award is given every two years to a Trinity College full professor in recognition of outstanding scholarship, 2003-2005.
- Visiting Professor, Graduate Program in Economic Development (GPED) at Vanderbilt University, spring and summer 1999.
- Associate member of the Latin American Research Institute at Lake Forest College, Chicago, IL., since the 1996-1997 academic year.
- Associate member of the Martin Institute for Peace Studies & Conflict Resolution, University of Idaho, Moscow, Idaho, 1996- 2007.
- Nominated to the editorial board of the Eastern Economic Association, spring 2001.
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