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Carlos A. Vegh

Carlos A. Vegh

Fred H. Sanderson Professor of International Economics


Carlos A. Vegh is the Fred H. Sanderson Professor of International Economics at the School of Advanced International Studies (SAIS) and the Department of Economics in the Krieger School of Arts and Sciences at Johns Hopkins University.  He was the recipient of the Carlos Diaz-Alejandro Award (for lifelong scholarly contributions to the study of economic issues related to Latin America), awarded by the Latin America and Caribbean Economic Association (LACEA), in 2022. He was the World Bank Chief Economist for Latin America and the Caribbean in 2017-2019.  He is a Research Associate at the National Bureau of Economic Research (NBER) and was a Non-Resident Senior Fellow at the Brookings Institution. 

He received his PhD in Economics from the University of Chicago in 1987. He spent the early years of his career at the IMF’s Research Department. From 1995 to 2013, he was a tenured Professor first at UCLA and then at the University of Maryland. At UCLA, he was also the Vice-Chair for Undergraduate Studies. He has received numerous teaching awards, including the Warren C. Scoville Distinguished Teaching Award (UCLA, 2001) for excellence in undergraduate teaching.  He has been co-editor of the Journal of International Economics and the Journal of Development Economics, the leading journals in their respective fields, and Chief Editor of Economia (the journal of LACEA). 

He has published extensively in leading academic journals on monetary and fiscal policy in developing and emerging countries. He has co-edited a volume in honor of Guillermo Calvo (MIT Press) and published a graduate textbook on open economy macroeconomics for developing countries (MIT Press).  His findings and views have been widely featured in the international press, including the New York Times, the Washington Post, the Economist, the Financial Times, the Wall Street Journal, Bloomberg, and Reuters.  He has been a consultant to, among others, the IMF, World Bank, and the Inter-American Development Bank. 

In the News

Fiscal cyclicality and market incompleteness.

Carlos Vegh wrote in MarketScreener, 05/28