Lars E.O. Svensson - Biography#

Lars E.O. Svensson is Deputy Governor of Sveriges Riksbank (the central bank of Sweden) since May 2007 and Affiliated Professor at the Institute for International Economic Studies, Stockholm University, since June 2009. He was Professor of Economics at Princeton University during 2001-2009 and Professor of International Economics at the Institute for International Economic Studies, Stockholm University during 1984-2003. He has published extensively in scholarly journals on monetary economics and monetary policy, exchange-rate theory and policy, and general international macroeconomics. He has lectured and visited at universities, central banks, and international organizations in many countries. He received his Ph.D. in economics from Stockholm University.

He received the Great Gold Medal of the Royal Swedish Academy of Engineering Sciences in 2012. He is a foreign honorary member of the American Economic Association, a member of the Royal Swedish Academy of Sciences, a member of Academia Europaea, a foreign member of the Finnish Academy of Science and Letters, a foreign honorary member of the American Academy of Arts and Sciences, an honorary member of the Latin American and Caribbean Economic Association, a fellow of the Econometric Society, a fellow of the European Economic Association, a research associate of the National Bureau of Economic Research, and a research fellow of the Centre for Economic Policy Research, London. He was chair of the Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences during 1999-2001, member during 1993-2002, and secretary during 1988-1992.

He was active as advisor to Sveriges Riksbank during 1990-2007 and was a member of the Monetary Policy Advisory Board and the Economic Advisory Panel of the Federal Reserve Bank of New York from 2004 until his appointment as Deputy Governor of the Riksbank. He has regularly consulted for international, U.S., and Swedish agencies and organizations. In 2000-2001 he undertook a review of monetary policy in New Zealand, commissioned by the New Zealand government, and in 2002 he chaired a committee reviewing monetary policy in Norway.

Curriculum vitae#

Education

• M.S. (Civilingenjör), Royal Institute of Technology, Stockholm, School of Applied Mathematics (teknisk fysik: tillämpad matematik), August 30, 1971.
• B.A. (Fil kand), Stockholm University, economics, economic history and mathematics, January 31, 1973.
• Special Graduate Student, Massachusetts Institute of Technology, Cambridge, MA, economics, 1974-75.
• Ph.D. (Fil dr), Stockholm University, economics, December 17, 1976.
• (Docent), Stockholm University, economics, May 10, 1978.

Previous positions and visits

• Research Fellow (Forskningsassistent), Institute for International Economic Studies, Stockholm University, July 1975-May 1978.
• Senior Research Fellow, Institute for International Economic Studies, Stockholm University, May 10, 1978-June 1984.
• Acting Associate Professor (Tf docent), Department of Economics, Stockholm University, December 1978-August 1982.
• Professor of International Economics, Institute for International Economic Studies, Stockholm University, July 1984-August 2003 (on leave 2001-2003).
• Professor of Economics, Department of Economics, Princeton University, August 2001-August 2009 (on leave 2007-2009).
• Visiting Scholar, Department of Economics, Massachusetts Institute of Technology, Cambridge, MA, November-December 1975.
• Visiting Associate Professor, Department of Economics, Tel-Aviv University, December 1980, December 1981-January 1982.
• Visiting Scholar, National Bureau of Economic Research and Department of Economics, Harvard University, Cambridge, MA, September 1982-April 1983.
• Visiting Scholar, International Economics Research Center and Department of Economics, Columbia University, New York, May 1983.
• Visiting Scholar, NBER, Cambridge, MA, March 1984.
• Visiting Scholar, Woodrow Wilson School, Princeton University, NJ, March 1984.
• Regents' Lecturer, University of California, Santa Barbara, November 1984.
• Visiting Professor, Department of Economics, Tel-Aviv University, January 1985.
• Visiting Oskar Morgenstern Professor, Department of Economics, New York University, New York, 1986-87.
• Visiting Scholar, Research Department, International Monetary Fund, Washington, DC, July and October 1988, July and November 1989, July and October-December 1990, February-April 1991, July 1997.
• Visiting Scholar, Weiss Center for International Financial Research, Wharton School of the University of Philadelphia, November 1991.
• Visiting Professor, Department of Economics, Tel-Aviv University, December 1992.
• Visiting Scholar, Board of Governors of the Federal Reserve System, Washington, DC, July 1993.
• Visiting Scholar, European I Department, International Monetary Fund, Washington, DC, January 1994.
• Visiting Scholar, Board of Governors of the Federal Reserve System, Washington, DC, July 1995.
• Visiting Scholar, Clausen Center for International Business and Policy, Haas School of Business, University of California, Berkeley, CA, January 1996, January 1997 and January 1998.
• Visiting Scholar, Board of Governors of the Federal Reserve System, Washington, DC, July 1996.
• Visiting Scholar, National Bureau of Economic Research, Cambridge, MA, October-November 1996.
• Professorial Fellow in Monetary Policy, Reserve Bank of New Zealand and Victoria University, Wellington, October-November 1997.
• Visiting Scholar, Reserve Bank of Australia, Sydney, November 1997.
• Visiting Professor, Department of Economics, Princeton University, 1999-2000.
• Visiting Scholar, Hong Kong Institute for Monetary Research, Hong Kong Monetary Authority, Hong Kong, December 2002.
• Visiting Scholar, Research Department, International Monetary Fund, Washington, DC, August-October 2003.
• Houblon-Norman Fellow, Bank of England, London, November 2003-January 2004.

Teaching experience

• Mathematics (undergraduate), Royal Institute of Technology, Stockholm, Fall 1971-Fall 1972.
• Microeconomics, macroeconomics and mathematical economics (undergraduate), Stockholm University and Stockholm School of Economics, Spring 1973-Spring 1974.
• Microeconomics (graduate), Stockholm University and Stockholm School of Economics, 1977-1982.
• International Trade (graduate), Stockholm University, 1983-1984.
• Topics in Monetary Theory (graduate), New York University, Fall 1986.
• International Finance (graduate), New York University, Spring 1987.
• International Macro and Finance (graduate), Stockholm University, Spring 1988, Spring 1990, Spring 1993, Fall 1994, Spring 1997.
• Monetary Macroeconomics (graduate), Stockholm University, Spring 1989, Spring 1991.
• Financial Macroeconomics (graduate), Stockholm University, Spring 1992, Fall 1993.
• Introductory International Economics (undergraduate), Stockholm University, Spring 1989, Spring 1990, 1991-1996.
• Financial Macroeconomics and Monetary Policy (graduate), Stockholm University, Fall 1995.
• Monetary Policy (graduate), Stockholm University, Spring 1998, Spring 1999.
• Monetary Policy (undergraduate), Stockholm University, Spring 98, Spring 99.
• Topics in Monetary Policy (graduate), Princeton University, Spring 2000.
• Monetary Policy (graduate), Stockholm University, Spring 2001.
• Macroeconomic Theory II (Eco 504, graduate), Princeton University, Spring 2002, Spring 2003, Spring 2005.
• International Monetary Theory and Policy II (Eco 553, 554, graduate), Princeton University, Spring 2002, Spring 2003, Spring 2005.
• Advanced Principles of Economics: Concepts and Applications (Eco 200, undergraduate), Princeton University, Fall 2004, Fall 2005.