Lars E. O. Svensson

Who is Lars E. O. Svensson?

Lars E.O. Svensson, born 1947, is a Swedish economist. He was on the faculty of Princeton University 2001–2009. Since May 2013, he is Visiting Professor at the Stockholm School of Economics. Since 2009 he is Affiliated Professor at Stockholm University. He has published significant research in macroeconomics, especially monetary economics, international trade and general equilibrium theory. He is among the most influential economists in the world according to IDEAS/RePEc. He is a well-known proponent of inflation targeting, a topic on which he published significant research.

During 2007–2013 he was a deputy governor of the Sveriges Riksbank. From 2009 he dissented and advocated a more expansionary monetary policy for Sweden, since the unemployment rate was high and inflation fell far below the Riksbank's inflation target. He is also notable for advocating a slightly negative interest rate among central banks at the Riksbank in July 2009.