Morten Spange


Senior Adviser, Economic Analysis
Economics and Monetary Policy
Fields of Interest: Monetary Policy, Macroeconomics
msp@nationalbanken.dk

Education
Ph.D., Economics, University of Aarhus, 2005
M.Sc., Economics, University of Aarhus, 2002

Professional Experience
Senior Adviser, Economic Analysis, Macroeconomic Analysis Division, Danmarks Nationalbank, 2016-
Adviser, Economics and Monetary Policy Department, Danmarks Nationalbank, 2014-2016
Senior Adviser, Danish Productivity Commission, 2012-2013
Adviser, Economics and Monetary Policy Department, Danmarks Nationalbank, 2008-2012
Economist, Monetary Assessment and Strategy Division, Bank of England, September 2006–August 2008
Economist, International Economic Analysis Division, Bank of England, September 2004–September 2006

Working Papers
'Sterling Implications of a US Current Account Reversal' with Pawel Zabczyk, Bank of England Working paper no. 296, (2006).

Refereed Publications
'The Effects of Fiscal Policy in a Small Open Economy with a Fixed Exchange Rate' with Søren Hove Ravn, Open Economies Review, Vol. 25, No. 3, pp. 451-476, (2014).

'International Spill-over Effects and Monetary Policy Activism' with Anna Lipinska and Misa Tanaka, Journal of Money, Credit and Banking, Vol. 43, No. 8, pp. 1735-1748, (2011).

'International Spill-over Effects of Labour Market Rigidities',  Journal of Macroeconomics, Vol. 30, No. 1, pp. 157-178, (2008).

'Do Structural Asymmetries Increase The Gains From International Fiscal Policy Coordination?’, Manchester School, Vol. 75, No. 1, pp. 131-150, (2007).

'International Interdependencies in Fiscal Stabilization Policies' with Torben M. Andersen,  European Economic Review, Vol. 50, pp. 1169-1195, (2006)

Selected Danmarks Nationalbank Publications
'Exchange rate pass-through to Danish import and consumer prices' with Mark Strøm Kristoffersen, Danmarks Nationalbank Monetary Review Q2, pp. 45-55, (2016).

'Balance of payments, net foreign assets and foreign exchange reserve' with Søren Lejsgaard Autrup, Paul Lassenius Kramp and Erik Haller Pedersen,  Danmarks Nationalbank Monetary Review Q4, pp. 41-54, (2015).

'Interest rate pass-through and the demand for cash at negative interest rates',with Carina Moselund Jensen, Danmarks Nationalbank Monetary Review Q2, (2015).

'Money, Credit and Banking' with Jens Bang-Andersen and Lars Risbjerg, Danmarks Nationalbank Monetary Review Q3, pp. 65-81, (2014).

'Fixed Exchange Rate Policy in Denmark' with Martin Wagner Toftdahl, Danmarks Nationalbank Monetary Review Q1, pp 49-60, (2014).

'Denmark’s Competitiveness and Export Performance' with Christian Helbo Andersen and Jacob Isaksen, Danmarks Nationalbank Monetary Review Q2, Part 1, pp 47-57 (2012)
and Part 2, pp. 41-81, (2012).

'Productivity Growth in Denmark' with Asger Lau Andersen, Danmarks Nationalbank Monetary Review Q1, Part 1, pp 43-58 and Part 2, pp 1-55, (2012).

'Monetary-Policy Strategies at the Zero Lower Bound on Interest Rates' with  Niels Blomquist and Niels Arne Dam, Danmarks Nationalbank Monetary Review Q4, Part 1, pp 83-98, (2011).

Other works
'The Macroeconomic Impact of Globalization: Theory and Evidence' with Chris Young, Bank of England Quarterly Bulletin Q1, pp 40-47, (2007).