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Ricardo J. Caballero is the Ford International Professor at the Massachusetts Institute of Technology, specializing in Economics. He is a Research Associate at the National Bureau of Economic Research and has held the position of Chairman of MIT's Economics Department from 2008 to 2011. His primary research focuses on Macroeconomics, Financial Economics, and International Economics. Caballero has an extensive list of publications in major academic journals, including Econometrica and the Journal of Finance. He has received several prestigious awards throughout his career, such as the Frisch Medal from the Econometric Society in 2002 for his work on investment dynamics in U.S. manufacturing. Additionally, he was awarded the Smith Breeden Prize for distinguished papers in the Journal of Finance in 2008 and the 2014 Brattle Group Prize for his joint work on 'Fire Sales Model Complexity'. In 2022, he received the Banque de France-Toulouse School of Economics Senior Prize in Monetary Economics and Finance. Caballero was elected as a Fellow of the Econometric Society and the American Academy of Arts and Sciences in 1998 and 2010, respectively.