Lars E. O. Svensson

Lars E. O. Svensson
BornNovember 18, 1947 (1947-11-18) (age 77)
NationalitySwedish
Academic background
Alma materStockholm University
Royal Institute of Technology
Doctoral advisorLars Werin
Academic work
Disciplinemonetary economics
monetary policy
international finance
InstitutionsStockholm School of Economics
Doctoral studentsTorsten Persson
Website

Lars Erik Oscar Svensson, is a Swedish economist. He was on the faculty of Princeton University 2001–2009. Since June 2014, he is Affiliated 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 price path targeting, a topic on which he published significant research.

During 2007–2013 he was a deputy governor of the Sveriges Riksbank (the central bank of Sweden). 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.