Job Address |
Home Address |
Institute for
International Economic Studies |
Hasselstigen 2 |
Stockholm University |
S-125 53 Stockholm, Sweden |
S-106 91 Stockholm, Sweden |
Telephone: +46-8-647 37 31 |
Telephone: +46-8-162070, fax: +46-8-161443 |
Mobile: +46-708-117 26 3 |
Email: John.Hassler@iies.su.se |
Homepage: http://hassler.se/ |
September 18, 1960, married
with Susanne, two children, Samuel and Emil.
John Hassler is Professor of Economics at the Institute for
International Economic Studies at Stockholm University.
Professor Hassler obtained his Ph.D. in Economics from MIT in 1994. He
has been teaching subsequently at Stockholm University. His research has
covered areas of dynamic public finance, social mobility, growth and climate
change. His work has been published in American Economic Review, Econometrica,
Journal of Political Economy and many other international journals.
He is member of the Prize Committee for the Prize in Economic Sciences
in Memory of Alfred Nobel, where he has served since December 2009 apart for
one year. He was the Chairman of the Swedish Fiscal Policy Council 2013-16 and
is a member of the Royal Swedish Academy of Sciences and of the Royal Swedish
Academy of Engineering Sciences.
He worked as advisor to the Swedish Ministry of Finance during the
financial crisis and is a member of the Finance Minister’s Economic Council He
serves as scientific advisor to several Swedish government agencies. He was
member of the European Economic Advisory Group between 2008 and 2012. He has
also been a member of the Bellagio group of academics and central bankers.
Professor at the Institute
for International Economic Studies (IIES), Stockholm University, Jan. 2005-.
Deputy Director of the IIES since Jan. 2015.
·
Global
warming and long run economic growth.
·
Endogenous
technical change and resource scarcity.
·
Dynamic
political economy of government, in particular redistribution, social security
and health.
·
Optimal
taxation and social insurance.
·
Ph.D.
in Economics, Majors in Public Finance and Macroeconomics, Massachusetts
Institute of Technology, 1994. Title of Ph.D. Thesis, ”Effects of Variations in
Risk on Demand and Measures of Business Cycle Fluctuations”.
·
Filosofie
Licentiat, Stockholm University, 1993.
·
B.A.
in Economics, Stockholm School of Economics, 1989.
·
Visiting
MBA student at Stern Business School, New York University September-December
1987.
·
Member
of the Swedish Finance Minister’s Economic Council, 2023-
·
Member
of the Royal Swedish Academy of Sciences (KVA), 2020-
·
Member
of the Swedish Royal Academy of Engineering Sciences (IVA), 2019-
·
Member
of the board of SNS 2021-
·
Chairman
SNS Economic Policy Council 2020 (SNS Konjunkturråd)
·
Member
of the board of Stockholm Resilience Center, 2019-
·
Member
of the board of FORES, the think tank Forum for Reforms, Entrepreneurship and
Sustainability, 2020-
·
Member
of the board of Stockholm Resilience Center, 2019-
·
Chair
of the scientific advisory board of climate change at the seventh AP fund,
2021-.
·
Member
of the scientific advisory board at the National Institute of Economic Research
(Konjunkturinstitutet), 2019-.
·
Member
of the scientific advisory board at the Swedish National Audit Office
(Riksrevisionen), 2017-.
·
Voting
member of the price committee for the Prize in Economic Sciences in Memory of
Alfred Nobel, Dec 2009-2018 and Dec 2019-
·
Chairman
of the Swedish
Fiscal Policy Council, 2013-16.
·
Vice
Chairman of the Swedish
Fiscal Policy Council, 2011-13.
·
Member
of the Bellagio group of central bankers and academics, 2011-16.
·
Member
of Advisory Board at the University of the Chinese Academy of Sciences
Economics and Management International Academic Forum.
·
Member
of the European Economic Advisory Group, EEAG,
2008-2012.
·
Advisor
to the Swedish Ministry of Finance (October 2008-March 2009).
·
CEPR Research Fellow (International Macro
and Public Policy Programmes).
·
CESifo Research Fellow.
·
Member
of The Swedish Economic Council
(advisory board to the Finance Ministry), 1997-2005
·
Expert
to the governmental committee on deregulation evaluation, 2004-05
·
Board
member of The Swedish Association of Economists (Nationalekonomiska
föreningen), 2004-2012
·
President
of the Economic Club, 2006-08
Published
articles in refereed journals
1.
“Finite Resources and the World Economy”,
with Per Krusell and Conny Olovsson, Journal of International Economics, 136,
May 2022.
2.
“Suboptimal climate policy”, with Per Krusell and Conny Olovsson, Journal of the European Economic Association,
19:6, 2895-2928, December 2021
3.
“Directed technical
change as a response to natural-resource scarcity”, joint with Per
Krusell and Conny Olovsson, Journal of
Political Economy, 129:11,
November, 2021.
4.
“A global CO2 price – Necessary and sufficient”,
Journal of the Finnish Economic
Association, 2020.
5.
“Policy design for the Anthropocene”, with
Thomas Sterner (lead author) and others, Nature
Sustainability, 2019.
6.
“The Consequences of Uncertainty: Climate Sensitivity
and Economic Sensitivity to the Climate”, with Per Krusell and Conny
Olovsson, Annual Review of Economics, 10,
pp. 189—205, 2018.
7.
“Impacts of climate mitigation strategies in the energy
sector on global land use and carbon balance”, with Kerstin Engström, Mats
Lindeskog, Stefan Olin and Ben Smith, Earth
System Dynamics, 8, 773-799, 2017.
8.
"Should developing countries constrain
resource-income spending? A quantitative analysis of oil income in Uganda",
with Per Krusell, Abdulaziz Shifa, and Daniel Spiro, Energy Journal, 38:1, 2017
9.
“The Fossil Episode”, Appendix with Hans-Werner Sinn, Journal of Monetary Economics, 83, October 2016.
10. ”Climate Policy”, with Per Krusell and
Jonas Nycander, Economic Policy, 31:87,
2016, pp. 505-58.
11.
”Optimal taxes on
fossil fuel in general equilibrium”, with Michael Golosov, Per
Krusell and Aleh Tsyvinski, Econometrica,
82:1 January, 2014, pp 41-88. (Sensitivity
analysis by Lint Barrage). Errata: Thanks to Lorenz Wöhler in Leipzig, we have
discovered a coding error that affects Figure 8 in the paper. Here is the corrected figure and an excel
sheet with the calculations.
12. ”Economics
and Climate Change: Integrated Assessment in a Multi-Region World”, with
Per Krusell, Journal of the European Economic Association, 2012, vol. 10, issue
5, pages 974-1000.
13.
”Oil monopoly and the climate,” with Per Krusell and Conny Olofsson, American Economic Review:
Papers and Proceedings, May 2010, v. 100, iss. 2, pp. 460-64
14.
”Unemployment
Insurance Design: how to induce moving and retraining” with José V. Rodríguez Mora, European
Economic Review, 52: 5, July 2008, pp. 757-791
15.
”On
Optimal Timing of Capital Taxation”, with Per Krusell, Kjetil Storesletten, and Fabrizio
Zilibotti, Journal of Monetary Economics, 55:4, May, 2008, pp. 692-709.
16.
”Inequality and Mobility”, with José V. Rodríguez
Mora and Joseph Zeira, Journal of Economic Growth, 12:3, September,
2007, pp.235-59.
17.
”Democratic Public Good Provision”, with Kjetil Storesletten and Fabrizio Zilibotti, Journal
of Economic Theory, vol. 133 (1), March 2007, pp. 127-151
18.
”The Dynamics of Government”, with Per Krusell,
Kjetil Storesletten, and Fabrizio Zilibotti, Journal of Monetary Economics, 52:7
, October 2005, pp 1331-1358.
19.
”A Positive Theory of Geographic Mobility and
Social Insurance”, with Kjetil Storesletten, José V Rodríguez Mora and
Fabrizio Zilibotti, International Economic Review, 46:1, February 2005,
pp 263-303.
20.
”The Survival of the Welfare state”, with Kjetil
Storesletten, José V. Rodríguez Mora and Fabrizio Zilibotti, American
Economic Review, 93(1),
March, 2003, pp.87-112.
21.
”Dynamic
Political Choice in Macroeconomics”, With Kjetil Storesletten and Fabrizio
Zilibotti. Journal of the European Economic Association, April-May,
2003, 1(2-3), pp. 533-42.
22.
”Uncertainty and the Timing of Automobile Purchases”, Scandinavian
Journal of Economics, 103(2), 2001.
23.
”Intelligence, Social Mobility and Growth”, with
José V. Rodríguez Mora, American Economic Review,90:(4), 2000.
24.
”Employment
Turnover and the Public Allocation of Unemployment Insurance”, with José V.
Rodríguez Mora, Journal of Public Economics, 73:(1), 1999.
25.
”Does
Increased International Influence Cause Higher Stock Market Volatility”, Scandinavian
Journal of Economics, 101:(1), 1999.
26.
”International
covariation in manufacturing 1975-95”, Swedish Economic Policy Review,
Vol. 4, No. 4, 1997.
27.
”Optimal
Actuarial Fairness in Pension Systems - a Note”, with Assar Lindbeck, Economic
Letters, 55:(2), 1997.
28.
”Risk and Consumption,” Swedish Economic Policy
Review, 3:(2), 1996.
29.
”Variations
in Risk and Fluctuations in Demand – a theoretical model,” Journal of
Economic Dynamics & Control 20:(6-7), 1996.
Selected
other writings
·
Stability
in the Balance – a Report on the Roles of Fiscal and Monetary Policy to the
Expert Group on Public Economics, ESO 2022:3.
·
“Macroeconomic
perspectives on the Corona crisis”, Fang, T. and Hassler, J. (Ed.) Globalization, Political Economy, Business
and Society in Pandemic Times, Emerald Publishing Limited.
·
“Climate Change and a Robust
Global Climate Policy”, report for Fores and European Liberal Forum.
·
“Climate policy in need of plan B”, (with Christer
Fuglesang), in Akcigit, U. and J. van Reenen (eds.), The Economics of Creative Destruction: New Research on Themes from
Aghion and Howitt, Harvard University Press, 2023
·
“Confronting epidemics: the need for epi-econ IAMs”
a report for the Swedish National Institute of Economic Research, with Timo
Boppart, Karl Harmenberg, Per Krusell and Jonna Olsson, 2020.
·
“Swedish Policy for a Global Climate”, Report
from SNS Economic Policy Council 2020
·
“Environmental Macroeconomics: the Case
of Climate Change”, Chapter 8 in Handbook of Environmental Economics,
Volume 4, 2018, with Per Krusell.
·
“Environmental Macroeconomics”, chapter 24
in Handbook of Macroeconomics, volume 2B, 2016, with Per Krusell and Anthony
Smith.
·
Makroekonomi, Swedish adaptation of
Blanchard’s undergraduate text in macroeconomics (with Lars Calmfors, Harry
Flam and Per Krusell)
· ”Finanspolitik, penningpolitik och sambandet dem emellan”, Ekonomisk Debatt, 4:45, 2017.
·
VOXEU
(various co-authors), Economic
policy under the pandemic: A European perspective (2020), A fix for the climate (negotiations)
(2014), Pricing climate
change (2012), Can
Greece pull it off? (2011), A
crisis mechanism for the euro: The European Stability Mechanism (2011), Why
financial regulation must also rebuild trust (2010)
·
”The Climate and the
Economy”, Mistra-SWECIA
Report No 5, (with Per Krusell).
·
“Ugandan oil – a blessing or a curse?”, Report
commissioned by the International Growth Centre at LSE and Oxford University,
with Per Krusell, Abdulaziz Shifa and Daniel Spiro.
·
The
EEAG Report on the European Economy 2012, 2011,
2010,
and 2009, CESifo, Munich
·
"Sweden in past, current and future crises
-- a report for the OECD”
·
”Unemployment,
Specialization, and Collective Preferences for Social Insurance”, with Kjetil
Storesletten, José V. Rodríguez Mora and Fabrizio Zilibotti, in Cohen, Piketty
and Saint Paul eds., The New Economics of Inequalities, Oxford
Univeristy Press, 2002, London.
·
”The Swedish Business Cycle –
Stylized facts over 130 years” (with P. Lundvik, T. Persson and P. Söderlind),
in V. Bergström and A. Vredin, eds., Measuring and Interpreting Business
Cycles, Clarendon Press, 1994.
Selected working papers
·
“Integrated epi-econ
assessment”, with Timo Boppart, Karl Harmenberg, Per Krusell and Jonna
Olsson, NBER WP 28282, 2020.
·
“On the effectiveness of climate policies,”, Conny
Olovsson and Michael Reiter.
·
“Energy-Saving Technical
Change”, NBER WP 18456, joint with Per
Krusell and Conny Olofsson.
·
”Explaining Asymmetric Price
Adjustment”, With
Tore Ellingsen and Richard Friberg
·
Editor,
Globalization, Political Economy,
Business and Society in Pandemic Times, Emerald Publishing (with Tony
Fang), December 2021.
·
Guest
editor, Economic Policy, Vol 107, July 2021 (with Per Krusell).
·
Editor,
Nordic Economic Policy Review 2019: Climate Policies in the Nordics (with Lars
Calmfors)-.
·
Associate
editor of Macroeconomic Dynamics 2012-
·
Member
of Economic Policy Panel 2008-2010
·
Associate
editor of Scandinavian Journal of Economics, 2006-
·
Associate
editor of European Economic Review, 2007-2009
·
Member of the Editorial Board of The Review of Economic Studies,
2004-2011
·
Member
of the program committee for the EEA congresses in Berlin 1998 and Bolzano
2000, Stockholm 2003, Madrid 2004, Amsterdam 2005, Oslo 2011, Manchester 2019
and 2021 Virtual EEA-ESEM.
·
Editor
of Swedish Economic Policy Review, special issue on international
tax-competition, Vol 9:1, 2002 and special issue on human capital and growth,
Vol. 6:2, 1999.
·
Associate
Editor of Ekonomisk Debatt 1996-1997.
·
Referee for American Economic Review, B.E.
Journals in Macroeconomics, Econometrica, Economica, EconomicJournal,
Environmental and Resource Economics, , European Economic Review, European
Journal of Political Economy, International Economic Review, Journal of
Comparative Economics, Journal of Economic Behavior and Organization, Journal
of Economic Growth, Journal of Economics, Journal of the European Economic
Association, Journal of International Economics, Journal of Macroeconomics,
Journal of Public Economics, Journal of Pension Economics and Finance, Journal
of Population Economics, Macroeconomic Dynamics, Nature Climate Change,
National Science Foundation, Physical Review Letters, Review of Economic
Studies, Scandinavian Journal of Economics, Science Advances, Scottish Journal
of Political Economy and Swedish Economic Policy Review.
o
· Editor of ”Thirteen papers on Unemployment” (in Swedish), published by
the Swedish Labor Movement's Economic Council (Arbetarrörelsens ekonomiska
råd).
· 1994-2003 Assistant professor at the Institute for International
Economic Studies.
· 1989-90 Research Assistant at the Institute for International Economic
Studies.
· 1987 Research Assistant at the Research Department of The Confederation
of Swedish Trade Unions.
· First year undergraduate macro at Stockholm University, 2003-6, 2009-13,
2015-
· Dynamic Public Finance, Ph.D. program at Stockholm University and
Stockholm School of Economics, 2006-8, 12-13
· Modern macroeconomics for policy makers, course given at the Swedish
Riksbank 2005, at the Swedish Parliament 2008 and at the Federation of Swedish Trade
Unions (LO) 2012.
· Macroeconomics II, Ph.D. program at Stockholm University and Stockholm
School of Economics, 2006-8, 10,13-
· Second year undergraduate macro at Stockholm University, 2002.
· Non-standard preferences in macroeconomics, Ph.D. program at Stockholm
University and Stockholm School of Economics, 2005-8.
· Macroeconomics I, Ph.D. program at Stockholm University and Stockholm
School of Economics, every year 1995-2000.
· Mathematics II, Ph.D. program at Stockholm University and Stockholm
School of Economics, 1994-1996, 1998-2003 and 2008.
· Main advisor for graduated Ph.D. students Mirco Tonin (2007), Erika
Färnstrand (2008), Tobias Heinrich (2009), Dario Caldara (2011), Daniel Spiro,
Jinfeng Gee and Gustav Engström (2012), Yinan Li (2013), Alex Schmitt (2014),
Markus Karlman (2020), Yangzhou Yuan (2023) and for Licentiate student Jens
Henrikson.
· Faculty opponent on Doctoral Theses by Tomas Lindström, Uppsala
University, 1998, Sean Hove, Aarhus University, 2002, Davide Ticchi, Pompeu
Fabra University, 2004, Jari Viitanen, Joensuu Univeristy, 2004, Giovanni Pica,
Pompeu Fabra University, 2004, Dmytro Stoykos, Uppsala University, 2020.
· External evaluator on Ph.D. theses by Omer Moav, Hebrew University
Jerusalem, 1999, Hosny Zoabi, Hebrew University Jerusalem, 2004, David
Comerford, Edinburgh University, 2013, Peter Kjær Kruse-Andersen, Copenhagen
University, 2017.
· Faculty opponent on Licentiate Theses by Henrik Schulze, Uppsala
University, 1996, Jesper Hansson, Lund University, 1997.
· 1984 Member of the National Board of Conscripts (Värnpliksrådet i
Sverige).
· 1981-84 President of the Swedish School Students Union
(Elevorganisationen i Sverige).