Economic Disturbances and Equilibrium in an Integrated Global Economy
ISBN: 9780128139936
Platform/Publisher: ScienceDirect / Academic Press
Digital rights: Users: Unlimited; Printing: Unlimited; Download: Unlimited
Subjects: Economics Econometrics and Finance;

Economic Disturbances and Equilibrium in an Integrated Global Economy: Investment Insights and Policy Analysis helps readers develop a framework for analyzing economic events and make better, more consistent decisions. Victor Canto presents the theoretical building blocks that make up the overall framework, then expands the framework to tackle more complex problems, applying additional considerations to actual policy or investment issues. Drawing upon the most recent trends in monetary policy and international economics, the book offers sustained direct engagement with the main research question and makes innovative use of the simple concepts of supply and demand to illuminate modern finance literature.

The book succeeds by highlighting the often-forgotten interconnectedness of different economic processes. How do we respond to a change in policy or an economic shock? Are all the expected changes to the general equilibrium consistent with each other?


Dr. Victor Antonio Canto, Ph.D., is a Principal and the Chief Investment Officer at Allison Street Advisors. Previously Dr. Canto was a Managing Director at Cadinha Institutional Services; the Director, Chief Investment Officer, and Portfolio Manager at Calport Asset Management; and the President and Director of Research at A. B. Laffer, V. A. Canto & Associates. He was a tenured Associate Professor of Finance and Business Economics at the University of Southern California U.S.A. from 1983 until 1985. Prior to that, Dr. Canto was an Assistant Professor of Finance and Business Economics at the University of Southern California from 1977 to 1983. He has served as a visiting Professor at the Universidad Central del Este in the Dominican Republic. Dr. Canto was a visiting Professor of Economics at the University of Los Angeles during the winter of 1987. During 1980, he was a Consultant to the Financial Council of Puerto Rico and during 1977 Dr. Canto served as an Advisor to the Economic Studies Division of the Dominican Republic's Central Bank. In 1975, he was a Technical Advisor to the Finance Minister of the Dominican Republic. Dr. Canto is the Chairman and Founder at La Jolla Economics, Inc. He has authored, edited, or co-edited a number of books, including the landmark Foundations of Supply-Side Economics; Monetary Policy, Taxation, and International Investment Supply; Supply-Side Portfolio Strategies; and Currency Substitution: Theory and Evidence from Latin America. Dr. Canto is the recipient of the Supremo de Plata awarded by the Dominican Republic JC to the outstanding Young Man of 1983 and the recipient of the University of Southern California University Scholar award. His scholarly articles have appeared in leading economic journals, including Economic Inquiry, Journal of Macroeconomics, The International Journal, Journal of Business and Economics Statistics, The Southern Economic Journal, Applied Economics, Weltwirstchaftliches Archiv, The CATO Journal, Public Finance, and The Journal of International Money and Finance. In addition to his principal fields of interest, International Economics, Public Finance, and Macroeconomics, Dr. Canto's work has been published in the Wall Street Journal and the Investor's Business Daily, authored articles on energy markets for the Public Utilities Fortnightly, and the Oil and Gas Journal, as well as a series of articles on portfolio strategy for the Financial Analysts Journal. He is the contributing author to The New Palgrave Dictionary of Money and Finance and contributed Exotic Currencies to it, published by MacMillan Press Limited in 1992. Dr. Canto is a registered investment adviser with the State of California, located in La Jolla, California. He received his doctorate in Economics in 1977 and a Master of Arts degree in Economics in 1974 from the University of Chicago and his Bachelor of Science degree in Civil Engineering from the Massachusetts Institute of Technology in 1972.
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