Sebastian Edwards

Professor, Henry Ford II Chair in International Management

Phone: (310) 206-6797


Sebastian Edwards is the Henry Ford II Professor of International Business Economics at the UCLA Anderson School of Management.

From 1993 until April 1996, he was the Chief Economist for the Latin America and Caribbean Region of the World Bank. He is a research associate of the National Bureau of Economic Research (NBER), a member of the advisory board of Transnational Research Corporation and co-chairman of the Inter American Seminar on Economics (IASE).   He is the Past-President of the Latin American and Caribbean Economic Association (LACEA), an international professional association of economists with academic interests in Latin America and the Caribbean region.  He is a member of the Scientific Advisory Council of the Kiel Institute of World Economics, Kiel-Germany.

In September 2004, Professor Edwards was appointed to California Governor Arnold Schwarzenegger's Council of Economic Advisors.

Edwards has been a columnist for the Wall Street Journal, and is the author of more that 200 scientific articles on international economics, macroeconomics and economic development. His articles have appeared in The American Economic Review, The Journal of Monetary Economics, The Economic Journal, Oxford Economic Papers, The Journal of Development Economics, The Quarterly Journal of Economics, the Journal of Economic Perspectives and other professional journals. His work and views are frequently quoted in the media, including the New York Times, the Financial Times, the Los Angeles Times, the Wall Street Journal and the Economist.

Edwards is an associate editor of The World Economy, the Journal of International Trade and Economic Development, the Journal of International Financial Markets, Institutions and Money, and Analisis Economico. For almost ten years he was the co-editor of the Journal of Development Economics.

Sebastian Edwards has been a consultant to a number of multilateral institutions, including the Inter-American Development Bank, the World Bank, the IMF, and the OECD. He has also been a consultant to the United States Agency for International Development, and to a number of national and international corporations. He has worked in Argentina, Brazil, Bolivia, Chile, Colombia, Costa Rica, Egypt, Guatemala, Honduras, Indonesia, Korea, Mexico, Morocco, New Zealand, Nicaragua, Tanzania and Venezuela. He has also consulted for a number of international financial institutions and multinational firms.

Sebastian Edwards was born in Santiago, Chile. He was educated at the Catholic University of Chile, and received an M.A. and Ph.D. in economics from the University of Chicago.


Ph.D. Economics, 1981, University of Chicago
M.A. Economics, 1978, University of Chicago
Licenciado Economics, 1975, Universidad Catolica, Chile


Mercosur, Monetary Policy, Capital Markets, Consumer Price Index, Currency Crises, Devaluation, Currency, Emerging Markets, Employment, Exchange Rates, Federal Reserve, Inequality, Inflation, Latin America, Mexico, NAFTA, Poverty
  • Sebastian Edwards with E. Levy-Yeyati. (Forthcoming). Floating Exchange Rates as Shock Absorbers. European Economic Review,
  • Sebastian Edwards with I. Igal Magendzo. (February, 2006). Strict Dollarization and Economic Performance: An Empirical Investigation. Journal of Money, Credit and Banking, 38(1): 269-282. [ Link ]
  • Sebastian Edwards with R. Susmel. (2003). Interest Rate Volatility in Emerging Countries. Review of Economics and Statistics,