Lars Lars Jonung is since September 2000 Research Adviser at DG ECFIN, European Commission, Brussels, primarily working with macroeconomic issues in a European context. He was previously professor of economics at the Stockholm School of Economics. His research is focused on monetary and fiscal policies, particularly on the policy of the Riksbank, monetary unions and exchange rate arrangements, inflationary expectations and perceptions, business cycle issues, and the history of economic thought.

Jonung has authored and edited several articles and books in English and Swedish. He served as chief economic advisor to Prime Minister Carl Bildt in 1992-94. He was economic advisor to the Skandinaviska Enskilda Banken in 1989-91. In addition he has contributed to several Swedish government investigations.

Present position:

Research adviser at DG ECFIN, European Commission, Brussels.
Mail address: Directorate-General ECFIN, Rue de la Loi 200
Office BU-1 5/190, B-1049 Brussels, Belgium
Phone: +32-2-299 4562, fax: +32-2-296-7291

Associated Scholar at the Institute for Economic History Research (EHF), Stockholm School of Economics, Box 6501, 113 83 Stockholm. Sweden.

Former position:

Professor of economics and economic policy (1988-2002). Stockholm School of Economics, Stockholm, Sweden.


Date and place of birth: 11 September, 1944, Södertälje, Sweden. Citizenship: Swedish. Civil status: Married with three children.


Ph.D. in economics at University of California, Los Angeles in 1975. Thesis advisor: professor Axel Leijonhufvud. BA in business and economics at the University of Lund, 1967.

Academic Positions:

Professor of economics and economic policy at the Stockholm School of Economics 1988-2002. Professor of finance and banking, University of Lund, 1987-1988. Amanuensis, lecturer, docent in economics at the University of Lund 1971-1981, 1982-1986. Visiting professor, University of Virginia, Charlottesville, Spring 1976, Harvard, Spring 1988, and University of Oregon, Summer 1988.

Selected best university teacher in economics in Sweden in 1991.


Articles in scientific journals, among others: 
American Economic Review, Economic Journal, Journal of Monetary Economics, Journal of Money, Credit and Banking, Journal of Public Policy, European Economic Review, Open Economies Review, Scandinavian Economic History Review, Scandinavian Journal of Economics, Economic Inquiry, Public Choice, History of Political Economy, Journal of Economic Psychology, Swedish Economic Policy Review, World Economy.

Articles in edited volumes in English and Swedish. Books authored and edited in English and Swedish. (See under Publications and Books.)

Research grants:

Support from various sources, among others: Bankforskningsinstitutet, Bank of Sweden Tercentenary Fund, Swedish Council of Social Research, Tore Browald and Jan Wallander Foundation, Bank of Sweden, and Marianne och Marcus Wallenberg foundation.

Major research interests:

Monetary economics, macroeconomics and stabilization policies, the evolution of economic policies, political economy, price controls, inflationary expectations, currency boards, economic growth, monetary unions and monetary regimes and the economic thought of Knut Wicksell.

Other positions:

Chief economic advisor to the prime minister of Sweden March 1992 – October 1994. Consultant to the IMF, Washington DC, November 1994 and January 1995. Consultant to EFTA, Geneva, February 1987. Research Director at the National Institute of Economic Research (Konjunkturinstitutet), Stockholm 1981-82. Expert to the Government’s Commission on Price Controls 1977-81. Expert to the Government’s Commission on the Credit Market 1981-82.

Member of the board of the Nordic Research Council 1992-96. Member of the board of Finanspolitiska forskningsinstitutet 1989-97. Member of the SNS (The Swedish Council for Social and Economic Research) group (Konjunkturrådet) responsible for an annual report on the Swedish economy 1985-1988 and 1996. Member of the advisory board of Ekonomisk Debatt, 1983-94. Member of the Royal Swedish Academy of Engineering Sciences since1996. Scientific advisor to Skandinaviska Enskilda Banken, July 1989-March 1992. Member of the editorial board of Skandinaviska Enskilda Banken Quarterly Review, 1989-92. Member of Samhällsvetenskapliga rådet of Skandinaviska Enskilda Banken. Member of the editorial board of Journal of International Money and Financesince its foundation and of the advisory board of The European Journal of the History of Economic Thought since its establishment.

Non-academic pursuits:

Participant in the Swedish economic policy debate. Author of numerous newspaper articles. Presently columnist in Dagens Nyheter, a leading Swedish daily.