Jesper Pedersen


Economist
Economics and Monetary Policy
Fields of interest: Macroeconomics, DSGE Models, Time Series Analysis
jpe@nationalbanken.dk

Education
Ph.D., Economics, University of Copenhagen, 2008
Ph.D., Economics, Carlos III de Madrid, 2006-2007. Visiting.
M.Sc., Economics, University of Copenhagen, 2005
M.Sc., Economics and Finance, University of York, 2004 

Professional Experience
Adviser, Economics and Monetary Policy Department, Danmarks Nationalbank,   2012-
Senior Economist , Danish Economic Councils, 2010-2012
Part-time associate professor, University of Copenhagen, Institute of Economics, 2010-
Quantitative Analyst, Nordea Bank, 2008-2010
Junior Analyst  Ministry of Finance, 2001-2003 

Working Papers
'An Estimated DSGE Model for Denmark with Housing, Banking, and Financial Frictions', Danmarks Nationalbank Working Paper N. 108, 2016

’Market liquidity and market making – the case of fixed income and low interest rates’, with Kristoffersen, Mark Strøm,  Danmarks Nationalbank Working Paper No. 100, 2015.

'The Danish natural real rate of interest and secular stagnation', Danmarks Nationalbank Working Paper N. 94, 2015.

‘A Taylor rule for fiscal policy in a fixed exchange rate regime’, with Ravn, Søren Hove,  Danmarks Nationalbank Working Paper N. 90, 2014.

‘What drives the business cycle in a small open economy? Evidence from an estimated DSGE-model of the Danish Economy’, with Ravn, Søren Hove, Danmarks Nationalbank Working Paper N. 88, 2013.

Work in Progress
‘What are the effects of changes in taxation and new types of mortgages on the real economy? The case of Denmark during the 00's ‘.

Refereed Publications
‘The intraday effects of central bank intervention on exchange rate spreads, with Fatum, Rasmus, Sørensen, Peter Norman, Journal of International Money and Finance (2013).
http://www.sciencedirect.com/science/article/pii/S0261560612001799

‘Real-time effects of central bank intervention in the euro market’, with Fatum, Rasmus, Journal of International Economics (2009)
http://www.sciencedirect.com/science/article/pii/S0022199609000403

Selected Danmarks Nationalbank Publications
‘Why is investment so weak?’ with Kramp, Paul Lassenius, Danmarks Nationalbank Monetary Review, 2nd quarter 2015.

‘Macroeconomic Effects of Fiscal Policy – Summary – Part 1’, with Ravn, Søren Hove, Danmarks Nationalbank, Monetary Review, 3rd quarter 2012.

‘Macroeconomic Effects of Fiscal Policy – Summary – Part 2’, with Ravn, Søren Hove, Danmarks Nationalbank, Monetary Review, 3rd quarter 2012.