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Dornbusch

Dornbusch is a German-language toponym and surname. The name derives from the elements dorn meaning thorn and Busch meaning bush, a descriptive term for a place characterized by thorny shrubs. As a surname it is of German origin and has been borne by several notable people.

Dornbusch, Frankfurt am Main, is a neighborhood in the city of Frankfurt, Hesse, Germany. The district features

Notable people with the surname include economist Rüdiger Dornbusch, who became a leading figure in macroeconomics

His work is especially known for the Dornbusch overshooting model, which describes how exchange rates can overshoot

a
mix
of
residential
blocks,
local
shops,
and
green
spaces
and
developed
as
the
city
expanded
in
the
19th
and
20th
centuries.
It
is
part
of
Frankfurt’s
urban
fabric
and
is
served
by
the
city’s
public
transport
network.
after
emigrating
to
the
United
States.
He
taught
at
the
Massachusetts
Institute
of
Technology
and
is
associated
with
the
study
of
open-economy
macroeconomics
and
exchange-rate
dynamics.
their
long-run
values
after
monetary-policy
shocks,
due
to
slower
adjustment
of
goods
prices
relative
to
asset
prices.
The
model
remains
influential
in
academic
and
policy
debates
about
exchange
rates
and
monetary
policy.